The Benefits of Land Ownership
Unlike shares land is a tangible asset - it can be visited, seen and walked on. There is a limited supply of land left to buy in the UK and what is left is dissapearing rapidly.
England is a small country with the majority of the population wanting to live in and around London and the South East. Demand for housing in the UK is at an all time high with new housing targets and changes to the planning approval process all pushing the value of land skywards.
Land is not open to accounting scandals and it is clear when property prices are going up (or down) and the reason for this movement.
Land increases in value in two ways:
- By increasing property values (due to demand outstripping supply)
- By gaining permission to have houses built on it
For example, a £15,000 plot of land in the South East that gains planning permission to build a four bedroomed detached house on it would then be worth in the region of £200,000 to a developer wanting to put a £600,000 house on the land.
Our associates at Vantage Land are happy to give advice to those looking to invest in land. Contact Vantage Land today on 01727 817472.