In the past few years, we had seen many so-called alternative investments gone wrong. From land banking to oil fields (oilpods) to wine. If you had a bad experience with some of these investments, you would likely have gone through a tough time trying to get any form of recourse including being put on a […]
Came across a few articles warning on the dangers of UK Land Banking. Potential buyers, please take note and be extra careful on your due diligence! UK Land Registry Warning on Land Investment Scams UK Land Registry Guide to Buying Land Claimed or Thought to Have Developmental Potential Beware the Great Land Scam When is […]
In the current bearish stock market conditions, some people will probably be looking at alternative forms of investments. Land banking might be one of those being considered. I have written a few posts on this topic before but thought I will post some updates following recent developments in the UK. If you are thinking of […]
Following the decision by the Financial Services Authority (FSA) of UK to shut down UK Land Investments, Lee Manning and Carlton Siddle of Deloitte & Touche LLP, the appointed Joint Administrators of the company, released a report on their findings a few days ago. Creditors (including plot owners) of the company are advised to read […]
On 1st April 2008, the Financial Services Authority (FSA) served a petition to UK Land Investments (UKLI) to cease operations. The hearing date is Monday, May 26, at the Royal Courts of Justice, known as London Companies Court, when the future of the company will be decided. You can view a copy of the liquidation […]