As noted, we have an independent valuation on file.
And the 7000 was part of a more complex transaction.
You simply don’t know what you’re talking about. You cannot buy a chunk of English coastline for 7000!
That’s just batshit. On your bike mate.
And the 7000 was part of a more complex transaction.
You simply don’t know what you’re talking about. You cannot buy a chunk of English coastline for 7000!
That’s just batshit. On your bike mate.
Please tell me you didn't get a valuation for the whole plot HP123436 instead of the sliver that is actually in that title and is described on the page! Because while the text on the page says HP123436 and the reports were ordered for it, you are not selling the whole patch, you're selling a tiny piece of it, otherwise you'd include a bunch of other properties like [2] that are indeed worth way more
Edit: or maybe that's by design, the "complex deal" you are talking about actually does include those other properties, and the matterium page is designed to make a sale of a much larger property look like a sale of a £7k property to avoid SDLT and a bunch of other complications, while going through a shell company that clearly doesn't have nearly enough money for the whole thing. Surely you aren't doing that?
[1]: https://passport.mattereum.com/West.London.Lets.01/01_Identi...
[2]: https://search-property-information.service.gov.uk/search/su...
I can’t reconcile how it never twigged for him that a little bit of beach would be worth so much money and how he is so committed to the belief in the face of so much evidence, but I guess there’s some time required to swallow this big of a mistake — hopefully he’ll get an apology from West London Lets, and maybe do some due diligence in future…
Unfortunately, you’ve said I would have to sign an NDA to get more info from the seller which would make the whole exercise pointless. I will make an alternate offer: I will pay £10,000 to the charity of your choice if you show documentation that proves the land has been independently valued at more than £1m (by someone accredited) and that the land was purchased for more than the amount shown on the land registry.
I am sure, in the cold light of day, tomorrow, you’ll realise you’ve been had and you’ll have to have an awkward conversation with West London Lets where they reveal that actually it was purchased for £7k and actually they’ve valued it at £1.9m based on the assumption it can get planning permission and then you quietly remove all the posts about it from your website and pretend this never happened. I won’t hold it against you, but do implore you to reconsider your approach to who you work with. With partners like West London Lets, who needs competitors?
If they indeed ordered a valuation for the whole plot as they did with the environmental assessment, it explains both the "£1M+ independent valuation", the £7k sale, and what the actual piece of land is.
I'm very eager to hear what leashless has to say.
I have a valuation report, and I have details of the prior transaction.
I'm 100% sure that you have no intention of actually parting with your ten grand, but allow me to repeat myself here: actual real estate lawyers put this thing together, the land has a solid set of documentation including a valuation, and you're just trolling because you don't like blockchains and want to pretend you have expertise that you plainly do not.
So if you actually want to put ten grand into a charity, feel free to email me and we can arrange the details. We'll do a nice press release about your generous gesture and everything!
We're a serious team: mostly middle aged, mostly backgrounds doing pretty serious life-or-death work for the State. My MD worked on TB and HIV epidemiology in prisons preventing spread in prisons and to the community. I was a disaster planner working on worst case scenarios at the Pentagon and for a UK military think tank headed by a former UK Minister of Defense. Our CCO was commercial director of the UK home office for many years. Not a bunch of hicks, and not some fly-by-night operation.
Seriously people who do serious work.
Do email us about that ten grand. I think there are a couple of groups we would like to make a large donation to this Christmas.
Appreciate your engagement, but we do have the documents, and your plain desire for us to be amateurs and idiots is your problem, not mine.
Are we taking your money, or are you slinking back into a hole?
So we're clear on the terms in public:
1. The land we are discussing is the piece of land highlighted in red here: https://web.archive.org/web/20221006130517/https://passport....
2. You will present an independent valuation from a member of the Royal Institution of Chartered Surveyors showing a value of >=£1m for the same piece of land (1.72 acres) where "independent" means they're not a related party (e.g: a valuation produced by West London Lets is not acceptable)
2a. If I have concerns about the independence of the source of the valuation, I can, at my cost, instruct a member of RICS from the local area to value the land
3. You share "...details of the prior transaction..." which includes an explanation of the £7k "transaction fee" which demonstrates that the land in question was not purchased for £7k through the auction
4. I will not sign an NDA, I will return to this thread to either confirm I was wrong and correct myself, or confirm I was correct, the outcome must be shared
5. You donate £10k to my charity of choice if you're unable to satisfy the above conditions (A local homeless charity, The Crossings, charity number 1175115)
Deal?