Buying land

Author
Discussion

bmwmike

Original Poster:

6,985 posts

109 months

Wednesday 7th June 2017
quotequote all
Hi

I saw a post recently about someone who bought a paddock and put it in their ISA and it's got me thinking (always dangerous hehe).

Something like this..

http://www.uklandandfarms.co.uk/rural-property-for...

I love the idea of buying 5 acres or so at 30k ish purely to leave as wild land / forest and eventually for the kids.

I presume there are costs like public liability insurance. Upkeep on boundaries etc?

Anyone know a good website to learn about this? I have ruled out BTL etc. Just like the idea of owning a chunk of land. If it can be put to develop an income all the better but that's not really the intent but reducing costs would be good.

Cheers
Mike

bmwmike

Original Poster:

6,985 posts

109 months

Thursday 8th June 2017
quotequote all
Sorry, yes it was a SIPP.