London land scams, Kent land scams and Sussex land scams are some of the scams that recently happened in UK wherein undeveloped or a land that has no title was sold to investors. To avoid such land scams we provide here a list of precautions one should take before Investing in UK land.
Tips to avoid being a victim of Land Scams:
1. Beware of high-pressure tactics.
Say “no” to any person who presses you to make an immediate investment decision. You need time to do your own research. Any ethical salesperson will understand this.
2. Exercise particular caution if you lack financial experience.
It’s easy to feel intimidated and overwhelmed by complicated financial slang, but resists the impulse to turn it over to “the expert.” Ask lots of questions and insist that the salesperson explain the land investment in everyday language until you understand it. Protect yourself by educating yourself.
3. Keep in mind that good manners don’t indicate personal integrity.
Con artists are generally extremely polite, knowing that many of us equate courtesy with personal integrity. Swindlers are also...