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collectively buying some woodland

Are you interested in owning a wood collectively with 40 people and putting in £500?


  • Total voters
    71
:) , yep I read that Zoltan...(here on the site http://www.woodlands.co.uk/buying-a-wood/covenant.php)

I don't think any of that sounds too problematic - I think we'd have to agree that using it for raves or anything would just be a bit stupid, really....

And the ownership wouldn't be divided up into smaller units - one collective would own the whole site.

I think they mean that they don't want people to divide it up and sell of little plots.
 
zoltan69 said:
you will need maybe £500 for set up expenses

1) off the shelf company
2) land registry/ Solicitors to keep it legal

The company Holds the title to the land & the 40 shareholders will have put £500 apeice into a company acount for the share purchase, plus set up expenses

The 40 people get equal access to the land as they all have a 2.5% share of the company. No one is alowed to own more than 1 share or sell on a share in the open market - it can hoever be bought back by the company at cost ( £500) and sold on to new victims via an AGM/ EGM .

blah blah blah - set of rules to keep it legal........

Just like setting up a management company for the purchase of the freehold of a block of flats and giving residents an equal proportion of the share capital

theres got to be a certain amound of procedural and legal background to this - theres no way this can be avoided, but one the company is running and shares are allcoated out to investors, then hopefully things can operate on a more informal basis.

easy.................

That's the one. Either you're a lawyer or you too have organised a collective purchase of a freehold.

It's no big deal really, and the beauty of the share/commonhold principle is that the legal ground work has been laid and the system works. You don't have to spend months locked in debate about minor differences in people's version of a socialist utopia just to get a little bit of land sorted.
 
Just having a nose around.. only need a couple more peeps for
The River Taw Woodlands - Near South Molton , Devon, England - 150.24 acres/60.69 hectares. Lot 1, 4.05 Acres, £8,000, Lot 2, 30.89 Acres, £75,000, Lot 3, 9.54 Acres, £25,000, Lot 4, 35.83 Acres, £65,000, Lot 5, 32.86 Acres, £55,000, Lot 6, 34.84 Acres, £50,000
This collection of small woods in Henry Williamson’s ‘Tarka the Otter’ country offers a wide choice and will appeal to investors interested in the tax free aspects of timber production, Inheritance Tax mitigation and the conservation of some of the most diverse countryside in Devon. A high standard of management is evident throughout, with brashing and selective thinning in most lots. Contact us for an independent survey and valuation of this woodland
http://www.woodlandstewardship.com/england.htm
 
Devon's quite far for a weekend and a bit pricey on the train though... :( (for Londoners obviously - great if you live west though!)
 
gaijingirl said:
Devon's quite far for a weekend and a bit pricey on the train though... :( (for Londoners obviously - great if you live west though!)

By the sound of it Hackney's too far to travel for some Brixtonites.
 
Dubversion said:
a chicken tarka is like a chicken tikka, only it's a little 'otter.
B-dum chish...

Devon isn't far to go. Get one in Devon. I'd have it to myself :D
 
DrRingDing said:
By the sound of it Hackney's too far to travel for some Brixtonites.
from brixton, kent is easier to get to than hackney - no joke.
 
The £ 45 000 , 6 acre one in Maldon Essex , Whitbuck Wood ( its not Maldon tho`) is about 5 mins in the car from my front door . I am not going to be able to resist taking a look this weekend :) You can walk to the pub in 10 minutes from it too , thats got to be a bonus .
 
zoltan69 said:
Oof .. Im surprised this type of scam is still going ? the DTI go a shed load of complaints and closed many of there companies down recently
You mean selling little chunks of agricultural land that would never get residential PP and suggesting that people could build on it?
 
Ya need to set it up as a trust with a constitution that everyone agrees on and change your main comittee members on a yearly basis ie - chair, treasurer etc, there is also funding available for sustainable woodland projects from the big lottery.
 
i'll tentatively throw my fez into the ring

love the idea of buying some woodland and doing very little with it. don't have £500 spare atm but could possilbly sell one of the kids (eyes grumpy teenager)

organising such a endeavour sounds like a lot of work for 1 or 2, while most interested parties do bugger all (like myself). are there those who are prepared to do most of the leg work?
 
subversplat said:
What would you do if you got squatters? :D
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;)
 
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