Still nothing from Wayne Horwitz of SJ Capital.
Folks, if you're thinking of buying potential development land from SJ Capital or any other firm that gives you the hard sell, then be prepared to buy something for say £20,000 that's worth nearer £100.
Want to know why and how you're going to get stuffed up, read this -
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Anyone who buys into any of these schemes knows nothing about Planning and the lengthy negotiation process that takes place over what can and can't be built. These scammers parcel up a field into imaginary plots (for that is all they are) and sell them individually to the naive and gullible.
Back in the real world, an application can be made to build x number of houses on a plot, and if it's on a greenfield site then it'll be rejected unless a pressing need can be demonstrated. If such need is demonstrated, the planners may say X is too many but they'll allow Y, provided 10% of them are 'affordable' housing. Then the real negotiating starts, provisional plans drawn up, renegotiated, new plans are drawn... what is absolutely certain is that in the unlikely event that any of these fields ever get PP to build anything, the end result will look nothing like the pretend plots sold to individual suckers oops sorry I mean investors. Then the 'investors' would have a battle with one another as 34% of one real plot was on their imaginary plot, but it also spread over three adjacent imaginary plots... it could get very messy indeed if any of these ever got PP... which to my knowledge none ever has ha ha hah!
Investing in land - Property Tribes
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The person who wrote it knows the Planning system in the UK and it's NOTHING like you will have been told. THis is why NOT ONE PLOT OF LAND EVER SOLD BY A LAND BANKING FIRM HAS EVER GOT PLANNING PERMISSION, NOT ONE.
The reason people get stuffed up is simple, they understand nothing about investing in UK land, they take all their information from the salesmen selling them the land (who own the land by the way) and they fail to do any independent research themselves. That is how these companies can easily stuff their customers up.
Also, for any non-UK readers. Most of these land banking companies have been run out of the UK which is why they're setup offshore, South Africa, India, Singapore etc. Plenty of gullible people in the UK were stuffed up, so now they've gone looking for the same offshore and the financial regulator and UK POlice can do nothing about it.
YOU'VE ALL BEEN WARNED. INVEST IN POLTS OF UK LAND ONLY IF YOU LIKE TO LOSE ALL YOUR MONEY.
But if you do invest and when you do lose all your money then please look in the mirror for the real person to blame because you were warned.
Folks, if you're thinking of buying potential development land from SJ Capital or any other firm that gives you the hard sell, then be prepared to buy something for say £20,000 that's worth nearer £100.
Want to know why and how you're going to get stuffed up, read this -
---------------------------------------------------------------------------------------------------------------
Anyone who buys into any of these schemes knows nothing about Planning and the lengthy negotiation process that takes place over what can and can't be built. These scammers parcel up a field into imaginary plots (for that is all they are) and sell them individually to the naive and gullible.
Back in the real world, an application can be made to build x number of houses on a plot, and if it's on a greenfield site then it'll be rejected unless a pressing need can be demonstrated. If such need is demonstrated, the planners may say X is too many but they'll allow Y, provided 10% of them are 'affordable' housing. Then the real negotiating starts, provisional plans drawn up, renegotiated, new plans are drawn... what is absolutely certain is that in the unlikely event that any of these fields ever get PP to build anything, the end result will look nothing like the pretend plots sold to individual suckers oops sorry I mean investors. Then the 'investors' would have a battle with one another as 34% of one real plot was on their imaginary plot, but it also spread over three adjacent imaginary plots... it could get very messy indeed if any of these ever got PP... which to my knowledge none ever has ha ha hah!
Investing in land - Property Tribes
--------------------------------------------------------------------------------
The person who wrote it knows the Planning system in the UK and it's NOTHING like you will have been told. THis is why NOT ONE PLOT OF LAND EVER SOLD BY A LAND BANKING FIRM HAS EVER GOT PLANNING PERMISSION, NOT ONE.
The reason people get stuffed up is simple, they understand nothing about investing in UK land, they take all their information from the salesmen selling them the land (who own the land by the way) and they fail to do any independent research themselves. That is how these companies can easily stuff their customers up.
Also, for any non-UK readers. Most of these land banking companies have been run out of the UK which is why they're setup offshore, South Africa, India, Singapore etc. Plenty of gullible people in the UK were stuffed up, so now they've gone looking for the same offshore and the financial regulator and UK POlice can do nothing about it.
YOU'VE ALL BEEN WARNED. INVEST IN POLTS OF UK LAND ONLY IF YOU LIKE TO LOSE ALL YOUR MONEY.
But if you do invest and when you do lose all your money then please look in the mirror for the real person to blame because you were warned.
