Some positive news
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Alan
Apr 30, 2008, 9:08:13 AM4/30/08
to Townfield Land Investment
I have some news that will be of interest to Townfield investors.
Plots of land are being sold in Reydon by a land banking company
called Global Land Group Limited, 288 Bishopsgate, London EC2M 4QP
www.globallandgroup.com
The land is also being advertised via ADVFN:
http://uk.mg40.mail.yahoo.com/dc/launch?.rand=735hm7klgthvm
The post code for the site is: IP18 6SS
This can be viewed with google earth or http://maps.live.com/
The post code for the Townfield site is:IP18 6SX
Global Land have 50 plots for sale with prices starting at £12500 for
242 sq m (2600 sq ft).
In the advertising material there is an aerial photo of the site and
surrounding area.
The site is marked with a yellow outline, however adjacent sites have
a red outline
and are flagged as sold. I queried this with the salesman and was told
that the other
land sites had been sold to other land banking companies or banks. I
can't vouch for
that but that is what I was told.
The outlook given for planning permission was medium term, 3-5 years,
this was the opinion
of the salesman.
Note that Global land does not seek PP on behalf of its clients as
that would make it a CIS
and they are not regulated by the FSA. This is clearly stated in their
brochure. They do
retain a portion of the site and seek PP for that.
On the face of it this seems like good news as other companies have
acquired land close to
ours. It would seem incomprehensible for surrounding land to be given
planning permission
and not ours, as they would set a precedent.
The question now is what to do. I have tried to contact Liz but
without success and this
forum does not seem very active. Nor have I heard from the receiver,
in fact they have been
remarkably quiet.
I have spoken to a Director at Global Land regarding their site and
surrounding sites.
They will seek PP some time in the future and anticipate that other
land owners will do
the same. This can only be good news for us as typically developers
would want to build
on a large site rather than a small one.
Global Land will only act in the interests of their own clients, part
of their service
is to keep clients updated on developer interest.
He also implied that we could just wait to be approached by a
developer as any activity
in the area would affect our land.
Alan S
Plots of land are being sold in Reydon by a land banking company
called Global Land Group Limited, 288 Bishopsgate, London EC2M 4QP
www.globallandgroup.com
The land is also being advertised via ADVFN:
http://uk.mg40.mail.yahoo.com/dc/launch?.rand=735hm7klgthvm
The post code for the site is: IP18 6SS
This can be viewed with google earth or http://maps.live.com/
The post code for the Townfield site is:IP18 6SX
Global Land have 50 plots for sale with prices starting at £12500 for
242 sq m (2600 sq ft).
In the advertising material there is an aerial photo of the site and
surrounding area.
The site is marked with a yellow outline, however adjacent sites have
a red outline
and are flagged as sold. I queried this with the salesman and was told
that the other
land sites had been sold to other land banking companies or banks. I
can't vouch for
that but that is what I was told.
The outlook given for planning permission was medium term, 3-5 years,
this was the opinion
of the salesman.
Note that Global land does not seek PP on behalf of its clients as
that would make it a CIS
and they are not regulated by the FSA. This is clearly stated in their
brochure. They do
retain a portion of the site and seek PP for that.
On the face of it this seems like good news as other companies have
acquired land close to
ours. It would seem incomprehensible for surrounding land to be given
planning permission
and not ours, as they would set a precedent.
The question now is what to do. I have tried to contact Liz but
without success and this
forum does not seem very active. Nor have I heard from the receiver,
in fact they have been
remarkably quiet.
I have spoken to a Director at Global Land regarding their site and
surrounding sites.
They will seek PP some time in the future and anticipate that other
land owners will do
the same. This can only be good news for us as typically developers
would want to build
on a large site rather than a small one.
Global Land will only act in the interests of their own clients, part
of their service
is to keep clients updated on developer interest.
He also implied that we could just wait to be approached by a
developer as any activity
in the area would affect our land.
Alan S
rakhi
Apr 30, 2008, 3:14:30 PM4/30/08
to Townfield Land Investment
Alan, would you mind if forwarded what you have posted to a surveyor
in London (he is totally unconnected with this site) just to ask for
his opinion and take on things?
Rakhi
On Apr 30, 2:08 pm, Alan <alan_24...@yahoo.co.uk> wrote:
> I have some news that will be of interest to Townfield investors.
> Plots of land are being sold in Reydon by a land banking company
> called Global Land Group Limited, 288 Bishopsgate, London EC2M 4QPwww.globallandgroup.com
> The land is also being advertised via ADVFN:http://uk.mg40.mail.yahoo.com/dc/launch?.rand=735hm7klgthvm
>
> The post code for the site is: IP18 6SS
>
> This can be viewed with google earth orhttp://maps.live.com/
in London (he is totally unconnected with this site) just to ask for
his opinion and take on things?
Rakhi
On Apr 30, 2:08 pm, Alan <alan_24...@yahoo.co.uk> wrote:
> I have some news that will be of interest to Townfield investors.
> Plots of land are being sold in Reydon by a land banking company
> called Global Land Group Limited, 288 Bishopsgate, London EC2M 4QPwww.globallandgroup.com
> The land is also being advertised via ADVFN:http://uk.mg40.mail.yahoo.com/dc/launch?.rand=735hm7klgthvm
>
> The post code for the site is: IP18 6SS
>
Alan
Apr 30, 2008, 6:38:17 PM4/30/08
to Townfield Land Investment
Rakhi,
I don't mind the more I'm open to anything that takes the site
forward.
Alan
On 30 Apr, 20:14, rakhi <rak...@yahoo.co.uk> wrote:
> Alan, would you mind if forwarded what you have posted to a surveyor
> in London (he is totally unconnected with this site) just to ask for
> his opinion and take on things?
>
> Rakhi
>
> On Apr 30, 2:08 pm, Alan <alan_24...@yahoo.co.uk> wrote:
>
> > I have some news that will be of interest to Townfield investors.
> > Plotsople thare being sold in Reydon by a land banking company
I don't mind the more I'm open to anything that takes the site
forward.
Alan
On 30 Apr, 20:14, rakhi <rak...@yahoo.co.uk> wrote:
> Alan, would you mind if forwarded what you have posted to a surveyor
> in London (he is totally unconnected with this site) just to ask for
> his opinion and take on things?
>
> Rakhi
>
> On Apr 30, 2:08 pm, Alan <alan_24...@yahoo.co.uk> wrote:
>
> > I have some news that will be of interest to Townfield investors.
Liz Southall
May 26, 2008, 2:06:10 PM5/26/08
to Townfield Land Investment
Hi Everyone!
Sorry I went quiet, just been mega busy with work etc. I was also
waiting to hear back from Mark Henddrick fromTenon who got the
original insolvency report done. I emailed him and his secretary three
times to ask for the full report to be sent out to all creditors. It
would appear he has not updated my new address so perhaps I am the
only one who has not received it!
I gather a new person (Ian) is now dealing with the case. I have also
seen a mention of a meeting in Sunderland - can anyone update me on
this please?
If anyone is on MSN and wants to actually chat about updates then feel
free to look me up at boaty...@hotmail.co.uk
I shall call Tenon tomorrow and put an update on here
Happy Bank holiday!
bye for now
liz
On 30 Apr, 14:08, Alan <alan_24...@yahoo.co.uk> wrote:
> I have some news that will be of interest to Townfield investors.
> Plots of land are being sold in Reydon by a land banking company
> called Global Land Group Limited, 288 Bishopsgate, London EC2M 4QPwww.globallandgroup.com
> The land is also being advertised via ADVFN:http://uk.mg40.mail.yahoo.com/dc/launch?.rand=735hm7klgthvm
>
> The post code for the site is: IP18 6SS
>
> This can be viewed with google earth orhttp://maps.live.com/
Sorry I went quiet, just been mega busy with work etc. I was also
waiting to hear back from Mark Henddrick fromTenon who got the
original insolvency report done. I emailed him and his secretary three
times to ask for the full report to be sent out to all creditors. It
would appear he has not updated my new address so perhaps I am the
only one who has not received it!
I gather a new person (Ian) is now dealing with the case. I have also
seen a mention of a meeting in Sunderland - can anyone update me on
this please?
If anyone is on MSN and wants to actually chat about updates then feel
free to look me up at boaty...@hotmail.co.uk
I shall call Tenon tomorrow and put an update on here
Happy Bank holiday!
bye for now
liz
On 30 Apr, 14:08, Alan <alan_24...@yahoo.co.uk> wrote:
> I have some news that will be of interest to Townfield investors.
> Plots of land are being sold in Reydon by a land banking company
> called Global Land Group Limited, 288 Bishopsgate, London EC2M 4QPwww.globallandgroup.com
> The land is also being advertised via ADVFN:http://uk.mg40.mail.yahoo.com/dc/launch?.rand=735hm7klgthvm
>
> The post code for the site is: IP18 6SS
>
sianl...@yahoo.co.uk
May 28, 2008, 5:06:18 AM5/28/08
to Townfield Land Investment
Hi Liz and all share holders,
Good to hear that some progress is being made with it all.
We have received our letter from Tenon, no doubt other share holders
have also.
It's a bit tricky tryig to understand what pathway to take with
Tenon's Fees and we would be interested in attending the meeting if we
can get time off work.
Do you think that every share holder is in touch with this google
group now or are there still some missing as this is imp with regard
to numbers attending the Sunderland meeting.
We look forward to hearing from you and knowing who can be represented
at teh meeting if we are unable to attend.
Regards
Rob and Sian
On 26 May, 19:06, Liz Southall <tutoringby...@yahoo.co.uk> wrote:
> Hi Everyone!
>
> Sorry I went quiet, just been mega busy with work etc. I was also
> waiting to hear back from Mark Henddrick fromTenon who got the
> original insolvency report done. I emailed him and his secretary three
> times to ask for the full report to be sent out to all creditors. It
> would appear he has not updated my new address so perhaps I am the
> only one who has not received it!
>
> I gather a new person (Ian) is now dealing with the case. I have also
> seen a mention of a meeting in Sunderland - can anyone update me on
> this please?
>
> If anyone is on MSN and wants to actually chat about updates then feel
> free to look me up at boaty_g...@hotmail.co.uk
> > Alan S- Hide quoted text -
>
> - Show quoted text -
Good to hear that some progress is being made with it all.
We have received our letter from Tenon, no doubt other share holders
have also.
It's a bit tricky tryig to understand what pathway to take with
Tenon's Fees and we would be interested in attending the meeting if we
can get time off work.
Do you think that every share holder is in touch with this google
group now or are there still some missing as this is imp with regard
to numbers attending the Sunderland meeting.
We look forward to hearing from you and knowing who can be represented
at teh meeting if we are unable to attend.
Regards
Rob and Sian
On 26 May, 19:06, Liz Southall <tutoringby...@yahoo.co.uk> wrote:
> Hi Everyone!
>
> Sorry I went quiet, just been mega busy with work etc. I was also
> waiting to hear back from Mark Henddrick fromTenon who got the
> original insolvency report done. I emailed him and his secretary three
> times to ask for the full report to be sent out to all creditors. It
> would appear he has not updated my new address so perhaps I am the
> only one who has not received it!
>
> I gather a new person (Ian) is now dealing with the case. I have also
> seen a mention of a meeting in Sunderland - can anyone update me on
> this please?
>
> If anyone is on MSN and wants to actually chat about updates then feel
>
> - Show quoted text -
Bola Taylor
May 28, 2008, 5:18:03 AM5/28/08
to town...@googlegroups.com
Hi all
I received my letter last week and it seems they are requesting us to fill in a proof of debt form. I got my title deeds from the insolvency people last year. Does this mean I will have to give this to Tenon Recovery or the land Registry?
Bola
--- On Wed, 5/28/08, sianl...@yahoo.co.uk <sianl...@yahoo.co.uk> wrote:
Alan
May 28, 2008, 7:12:05 AM5/28/08
to Townfield Land Investment
A copy of the title deeds is all that is required.
Alan
On 28 May, 10:18, Bola Taylor <buk...@yahoo.com> wrote:
> Hi all
>
> I received my letter last week and it seems they are requesting us to fill in a proof of debt form. I got my title deeds from the insolvency people last year. Does this mean I will have to give this to Tenon Recovery or the land Registry?
>
> Bola
>
> --- On Wed, 5/28/08, sianlewi...@yahoo.co.uk <sianlewi...@yahoo.co.uk> wrote:
Alan
On 28 May, 10:18, Bola Taylor <buk...@yahoo.com> wrote:
> Hi all
>
> I received my letter last week and it seems they are requesting us to fill in a proof of debt form. I got my title deeds from the insolvency people last year. Does this mean I will have to give this to Tenon Recovery or the land Registry?
>
> Bola
>
Bola Taylor
May 28, 2008, 7:16:41 AM5/28/08
to town...@googlegroups.com
Alan et all
I suppose a photocopy will suffice them and not the original?
Bola
--- On Wed, 5/28/08, Alan <alan_...@yahoo.co.uk> wrote:
John C
May 30, 2008, 11:04:53 AM5/30/08
to Townfield Land Investment
Hi
can someone please clarify if we actually have a "debt" - as I
understood that we purchased a plot of land and where title has been
transferred to us as individuals then it is not clear what debt we
have with Townfield. Would appreciated clarification before sending
copy of title deeds etc
JC
On May 28, 12:16 pm, Bola Taylor <buk...@yahoo.com> wrote:
> Alan et all
>
> I suppose a photocopy will suffice them and not the original?
>
> Bola
>
> --- On Wed, 5/28/08, Alan <alan_24...@yahoo.co.uk> wrote:
> > > > > - Show quoted text -- Hide quoted text -
can someone please clarify if we actually have a "debt" - as I
understood that we purchased a plot of land and where title has been
transferred to us as individuals then it is not clear what debt we
have with Townfield. Would appreciated clarification before sending
copy of title deeds etc
JC
On May 28, 12:16 pm, Bola Taylor <buk...@yahoo.com> wrote:
> Alan et all
>
> I suppose a photocopy will suffice them and not the original?
>
> Bola
>
followth...@googlemail.com
Jun 2, 2008, 7:17:35 AM6/2/08
to Townfield Land Investment
I am also confused as to whether we actually have a debt and have left
a voicemail with Martin Madgewick at Tenon but he hasn't returned my
call. This is the second land company I've dealt with that went into
administration following a CIS investigation and last time it was
suggested I make a guess at what the value of their professional
services (i.e, producing plans and gaining planning permission) would
be.
My biggest fear is the amount of time this is all going to take. I had
a book published in 2001, the company went into liquidation the
following year and it is Tenon who are dealing with the process. It
has still not concluded and Tenon have used up pretty much all the
capital in their fees - but for what service?
When someone hears from Tenon perhaps you could let us all know.
Craig
a voicemail with Martin Madgewick at Tenon but he hasn't returned my
call. This is the second land company I've dealt with that went into
administration following a CIS investigation and last time it was
suggested I make a guess at what the value of their professional
services (i.e, producing plans and gaining planning permission) would
be.
My biggest fear is the amount of time this is all going to take. I had
a book published in 2001, the company went into liquidation the
following year and it is Tenon who are dealing with the process. It
has still not concluded and Tenon have used up pretty much all the
capital in their fees - but for what service?
When someone hears from Tenon perhaps you could let us all know.
Craig
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