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Greenfield land is land that has never been built on, or is currently undeveloped, or just left to the nature |
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Accordin g to government guidelines around 40% of new housing developments in UK will go on Greenfield land |
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Greenfield land is now seen by many private investors as a viable alternative investment to stocks and shares |
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The Government’s drive to build more houses has, in turn, driven private investors to find Greenfield sites where new houses could be built |
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Private investors see potential of outstanding returns if the land eventually gets planning permission, an acre of land with planning permission is worth almost 10 times more |
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