Land investment company that gone insolvent,do i get to keep the laND?

Question

will i get anything back?

what to do about a company that has gone insolvent because they were in breach of financial service authority,

( im talking about UK LAND INVESTMENTS CO, check their website) we are not protecterd by any statutory legislation as they were unregistered, what do we do?

WHAT HAPPens if you have already bought out the land in full and it is freehold, and you have the papers, what can you do,

no planning permission on it, but we do have papers that say its ours,.

Answer 1

The FSA is unlikely to close down any legitimate business (in fact, they are unlikely to close down any business, no matter how obvious the scam)

So if UK LAND INVESTMENTS CO. has been closed down by the FSA, it suggests to me they were simply a bunch of con-merchants ..

You should contact he FSA for information ..

NB. In UK, 'papers' (deeds) are worth nothing .. to be legally yours, the property (land) has to be in your name at the Land Registry..

Answer 2

Hi!! go to your local land registry office, usually at your local town hall and have a word with someone in authority, they will know the answer.

My own feeling is that as you have the deeds, and it is freehold, fully paid up, you are in the clear. You will be the registered owner. Much will depend whether the company was legitimately registered or just a scam.