Last year, we rounded up some commonly asked questions that we receive at Intro Crowd HQ in this handy blog post . We thought it was about time that we did a follow up so carry on reading to learn more about what we do.
If you have your own burning question that’s not been answered here, remember you can always contact us directly either by telephone on +44 (0)20 7118 4040 or via email at email@example.com and we will make sure we answer!
So without further ado…
What does an investment into strategic land actually cost?
As with many things in the real-estate sector, unfortunately we can’t give you a set answer here. If you were to invest in strategic land as an individual, the costs involved would include the purchase of the land site itself alongside any legal fees associated with the purchase. As you can imagine, this depends entirely on each individual site and could vary widely.
Our minimum investment begins at £1,500 for three shares and each individual share purchase after that costs a further £500. The quantity of shares available will differ from site to site depending on our funding goal.
You mention qualified investors a lot, what does that mean?
A qualified investor is an individual who self-certifies as either a Sophisticated Investor or a High Net Worth Individual. Sophisticated Investors are those whose profession or experience means they are familiar with investing in unlisted companies, whereas High Net Worth Individuals (HNWIs) are categorised as those who have an annual income of £100,000 or above, or net assets to the value of £250,000 and above. Please note that net assets for these purposes do not include property which is a primary residence, or any money raised through a loan secured on that property.
What happens if the land doesn’t get planning permission?
Simply put, we just keep trying! Our Land and Planning Director, Christopher Merriman, is an expert when it comes to obtaining planning permission. He uses this knowledge and experience when selecting the sites to bring to our platform, and therefore we believe the sites chosen are likely to be granted planning in the future. This is due to a variety of reasons including both the location and sustainability of the site as well as additional factors including the current five-year plan in place with the local authority, all of which are researched at length before a site is selected.
Due to these factors, we are confident that our sites will have the necessary attributes to achieve planning permission in the future, however this takes time. It is worth mentioning however that even if a site were not to achieve planning, all shareholders would still own the site and could potentially benefit from the possibility of the value of the site increasing over time.
For more information on anything mentioned in the article above, or if you have any questions, please do not hesitate to contact us directly on +44 (0)20 7118 4040 or via email at firstname.lastname@example.org
This article is for educational purposes only and does not constitute investment advice. This article does not amount to an invitation or inducement to buy or sell an investment nor does it solicit any such offer or invitation in any jurisdiction.
In all cases, readers should conduct their own investigation and analysis of the data in the article. Readers are strongly encouraged to seek independent legal and financial advice when considering an investment in strategic land. All statements of opinion and/or belief contained in this article and all views expressed and all projections, forecasts or statements relating to expectations regarding future events represent Intro Crowd’s own assessment and interpretation of information available as at the date of this article.
No responsibility or liability is accepted by Intro Crowd or Sapia Partners LLP for reliance on the contents of this article.