Time to bury your cash? – Cost of Burials Rockets in UK

LONDON - July 1, 2013 - PRLog -- But creating a cemetery requires a lot of legal legwork and substantial funds, not to mention a commitment for the rest of eternity.

“In our country you expect to pay ‘x’ pounds for a grave, and then you expect someone to mow the grass forever and never pay another penny for that service,” Tom Roberts said.

Perusing cemetery plots for sale is a lot like house hunting. Morbid though it sounds, the parallels can’t be ignored. Is your future grave site situated on an idyllic hilltop, under a shady tree, overlooking the ocean? Is the grass manicured like a country club golf course? Is the cemetery historic? Is it in a big city, or a small town, in a clean, safe area or close to surviving family? Is there ample room to bury your partner, child or next of kin when they pass away?

Burial plots are prime pieces of real estate dependent mostly on a couple of factors: Where they’re located and when they’re purchased. It can be either an uneasy or comforting feeling to know that your final resting place is reserved and waits for you. But like drafting a final will, reserving a plot in advance, years before its needed, can be cheaper for you and your family compared to finding a burial spot at the last minute.

The concept is very simple, FJP Investment Ltd allows investors to purchase ERB’s (Exclusive Right of Burials) at a discounted rate. The plots are then managed by the cemetery and offered back to the public at their usual market value upon completion of the landscaping in 2014, providing the investor with their return.

In many London boroughs, the cost of burials is touching £5,000 – almost double the price of a couple of years ago. Apparently, a burial in Lambeth will set you back £4,950. And it's not just in London where prices are soaring: in Ipswich you'll pay close to £3,000.

“The father of a friend mentioned that he had bought burial plots for himself and his wife at a local cemetery 20 years ago for just £30 each. Today, those plots are worth more than £600 – a potential return of 1,900 per cent.” said Tom Roberts, marketing manager at FJP Investment Ltd.