development land

Wossit called when a developer holds on to a piece of land which is key to the next piece - something like "hostage" piece or somesuch. Just can't remember.

cheers Jacob

Reply to
normanwisdom
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Financially astute !

AWEM

Reply to
Andrew Mawson

Insider info or your a councillor? Al

Reply to
al

Ransom strip.

Reply to
xena

The message from normanwisdom contains these words:

Ransom strip. Rumour has it that they can be worth as much as half the unencumbered value of the property they bar access to.

Reply to
Roger

ransom strip

Reply to
Steve Walker

ransom.

Reply to
Mogga

"ransom strip"

Owain

Reply to
Owain

But then the council comes along and authorises a compulsory purchase order and purchases it for peanuts.

Reply to
mark.hannah

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