Green Belt land cost me dear
TM of London writes to This is Money:

I rather stupidly purchased two plots of Green Belt land for £10,000 each, under the assumption planning permission was very likely. I have now been told this is not likely. What should I do?

This is Money replies:

Unfortunately it seems that you were convinced to invest by the claims about planning permission being imminent on Green Belt land. In fact, it is unlikely these sites will get planning permission, as most local authorities strongly resist any attempts for building on the Green Belt....

(Via ThisisMoney.co.uk. To read the full story, click here)


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