The Good Funeral Guide Blog

Funeral poverty anyone?

Tuesday, 29 November 2016

‘High level return on investment within 2 to 5 years’
  • 2,500 plots available to investors
  • Plot price to investors £2,400
  • High level return within two to five years
  • Plots are valued at over £3,750
  • Clearly defined exit strategy
  • Minimum investment is 4 plots

‘A very rare opportunity has arisen to purchase burial plots in London’s Rainham cemetery, which is being extended to accommodate the high demand for burial plots within Greater London…..’

‘….As a unique investment brokerage we specialise in sourcing and delivering the best alternative investment projects worldwide. 

We are proud to present the Rainham Cemetery Phase 2 within the Greater London area. 

We are the EXCLUSIVE master agent for this project. After major planning and preparation we are finally able to offer new burial plots for sale to the general public. 

Due to the desirable location and the critical state of the market, plots are being offered purely on a first-come first-served basis.’

There’s good money to be made in this burial business apparently, according to the team of ‘highly skilled and very successful individuals’ aka the EXCLUSIVE master agents at Harley Investments Ltd.
We have a copy of the brochure at GFG Towers for anyone looking to make a quick buck out of bereaved families needing to find somewhere to bury a relative. 

7 comments on “Funeral poverty anyone?

  1. Tuesday 29th November 2016 at 6:56 pm

    OK, assuming they have 2,500 plots to sell, if anyone invested, when would their plots be sold, in which order?

    Surely the owner of the cemetery, if seeking a fast return, would sell their own plots first to the at-need market? An investor may have to be extremely patient to see a return.

    And we must remember that in some cases, cemeteries never repay the initial investment. All in all this tempting get rich fairly quick scheme, seems like a very dubious prospectus? I think I’ll stick with the Halifax and my .5%.

    • Friday 12th May 2017 at 10:21 am

      The burial plots are sold strictly in the order that they have been purchased. There is no preferential treatment to any area within the cemetery, and that is legally contracted.

  2. Tuesday 29th November 2016 at 2:35 pm

    If the local authority that owns the adjacent Rainham cemetery decides to use the London Local Authorities Act 2007 and reuse graves the returns on an investment next door might be very different.

    • Friday 12th May 2017 at 10:25 am

      The original Rainham Cemetery was filled many years ago. The adjacent cemetery is owned by the Jewish Federation of Synagogues and is also full. Havering council in which this cemetery is based raised the price of their own burial plots by 30% last year, and are comparable with the prices at this new cemetery.

  3. Mr XX

    Tuesday 29th November 2016 at 1:08 pm

    Capitalism at its very worst. The investor/owner cannot wait for a return, inconveniently, the people of Rainhan just won’t die fast enough. This wheeze neatly solves the rapid return conundrum. Pass the sick bag Alice.

    • Friday 12th May 2017 at 10:28 am

      Investors at this cemetery are helping the owners to finance the development of additional cemeteries, helping to solve the London burial space crisis for the long term.

      • Michael Jarvis

        Friday 12th May 2017 at 1:19 pm

        Not many people quote Edward Heath nowadays, but one of his best-known phrases comes to my mind when reading this:

        ‘The unpleasant and unacceptable face of capitalism.’

        As a society we are beset with problems regarding funeral poverty; personally, and these are strongly felt but personal views, I view this sort of endeavour as not simply unhelpful but distasteful to boot. On a commercial level have you learnt nothing from the examples of 19th century joint stock cemetery companies?

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