The economic situation throughout the GCC has meant that many investors are now looking more closely at the type of investments they should undertake.
For far too long there has been a multitude of investments offered to savvy investors. Some of these at times have looked to be too good to be true.
When I was growing up, my father taught me at a very young age if it’s too good to be true it normally is.
With now 11 years’ experience in the market, we not only claim to be the biggest at what we do but certainly the best at what we do.
Herald Land was formed in May 2009 and has been a continual familiar face on the UK property Investment market place for 11 years.
We do not claim to have been previously opened in another year and also do not make claims that we have obtained planning when we have not. We leave these more dubious claims to lesser competitors.
However, it is fair to say that to date we have not been able to secure our first site for planning but those days will soon be a long lost memory.
With our Holmer Green site, we are now working extremely close with Chiltern and South Bucks Council and over the last two years, things have progressed very quickly with our planning application.
To highlight some of these to you let me say the following.
In October 2016, we were approached by the local council as to what our intentions on the site and whether we had any plans to develop.
Of course, we replied with a very firm yes.
Since that initial enquiry, our site has been discussed at various meetings with the council direct and with the council planners and in fact, we have notes which are a matter of public record.
We have been advised by our planning consultants that this is a very rare thing indeed to actually be granted an audience to sit and talk with planning planners to discuss the site and the surrounding area.
We not only feel privileged that we have done this but find this is a testimonial not only to our hard work but for our professionalism.
Fast forward to today and on the 17th of March, there is a Public Enquiry into the merits of our site and surrounding sites within the council’s area and the advantages and disadvantages of approving a planning development scheme.
We, in this particular area, are part of the council plan to build 300 homes and our contribution to the site is expected to be 138 homes.
Our intelligence (if you like to call it that), tells us we are not likely to expect to have many objections to our plans as our site lays away from existing residential development and we have access from the main road separately to any other access for the site.
This public hearing will last for approximately 7-10 days and it is our intention to attend this hearing as a silent witness to look at the proceedings. Once this enquiry is finished, the next step will be for the Inspector to make an application to the Secretary of State for the UK to have our site withdrawn from greenbelt.
What are the consequences for our plot owners?
Our plot owners have already seen a dramatic rise in the value of their land due to the council’s interest and in fact, we have received several offers from local development companies and in fact national housebuilders. The latest estimate is that the value of the plot owners investment has increased by something like 150%-200% just in this interest alone.
As and when this land is withdrawn from greenbelt we expect will increase again substantially as this is one step closer to a full-blown planning consent.
Furthermore, once the application is made to the Secretary of State it is our intention with our planning consultant to lodge an outline planning application which will show for infrastructure for 138 homes, the access, and impacts on the local community.
Again, once this application is made the value of the land will rise dramatically.
We do however feel that having had conversations with the local council that we are in a strong position and once planning is granted, the value of the land will reach the sort of proportions that we are advising our clients and it is then that every plot owner in Holmer Green will achieve a substantial return on their investment.
Whilst dictating this message, I’d like to point out that in the history of companies doing what we do no one has got as far as we have got.
There will be companies that claim they have but this normally means that they have sold the land to somebody else and they are taking the credit for somebody else’s achievement and not their own.
Or it may be that in claiming that they have achieved planning in the past they are just simply distorting the truth 100%.
In discussions to the local council, we have another site in Iver which will follow very closely behind Holmer Green and then it is our intention to have an in-depth strategy for all of the sites that we have previously sold.
We are the only strategic land investment company in the GCC to have a full-time planning department headed by a legal executive who deals with the local councils and our planning consultant in the UK.
In fact, we have now engaged 3 major planning consultants in the UK to deal with our sites and a huge global firm of solicitors based in London with offices in Hong Kong, Singapore, New York, and Dubai to act as our legal counsel in all of our applications.
In all of our dealings, it is important that all stakeholders in the development are protected, until this end all of our agreements protect the rights of our plot owners.
This means that 2020 will be a year of change for Herald Land as we can rightly claim that we have done something that no one has done before.
This leads to my next point of the message.
We, Herald Land, having been open now for 11 years’ welcome competition from any competitor throughout the globe as long as that competitor is honest and truthful in both its marketing and the way it sells to its clients.
At Herald Land, after discussion with local authorities, we now have a code of conduct that our investment consultant’s sign up to which clearly states the way in which an Investment Consultant should deal with an investor.
Unlike other companies, our sales staff received a basic salary, a visa, and full medical cover and are not on commission only.
This means that they have to show the integrity to a client that they would expect back themselves.
In saying this, what I mean is they simply don’t have to sell to earn a living this is taken care of by Herald Land providing a basic salary.
In addition, we only offer land sites that we ourselves have inspected prior to selling and land sites that we feel have a reasonable chance of achieving planning at a future date.
We found over the past couple of years that whatever we do is copied and in fact, we find this replication of what we do a compliment to the fact that we are the market leaders.
We also are the only company within the GCC to have an office in the UK and representatives of our company based in the UK.
This includes a land agent who is fully employed by Herald Land to source and find land, an in-house lawyer who processes all of our title deeds with UK Land Registry and a representative who is available to physically visit a site.
All of these individuals are fully trained within the Herald Land product and have a strong connection to both Herald Land and its management.
These are trusted employees.
When I say employees, I mean they are not sub-contractors or friends of friends who are just asked to do something on a one-off basis.
As always our door is always open and should anyone, either past, present, or possible future client would like to discuss anything with us directly, you are more than welcome to do so.
In 2020, we are extremely excited with the new opportunities that are being brought to us and with the prospect of our first site being granted planning permission.
The last 18 months or two years have not been without problems due to the fact that we have experienced issues with some land sites but these problems have now been resolved and we now are extremely careful and choosy with any land sites that we take on to sell to prospective investors.
Herald Land is the only company in the GCC you can trust to manage your investment until you receive the returns you are due or were promised.