Joint ventures on land in Penzance
Before you agree a land joint venture on land near Penzance, it helps to know exactly when you'd be paid, who carries the planning risk and how the price is set.
A land joint venture is an arrangement where the landowner contributes the land and a developer contributes funding, planning and building, with the proceeds shared in an agreed way. It can produce the most value for the landowner, but it takes longer and carries more risk than a sale.
- Free appraisal and written offer
- No commission: we're the buyer
- Independent advice encouraged
Tell us about your land
Send the postcode and a rough size.
Penzance at a glance
The land we're most interested in near Penzance sits on the edge of the built-up area or in the villages towards Helston (12 miles) and Camborne (12 miles).
| Town | Penzance |
|---|---|
| County | Cornwall |
| Country | England |
| Postcode district | TR18 |
| OS grid square | SW43 |
| Nearest towns we cover | Helston (12 mi), Camborne (12 mi), Redruth (16 mi) |
| Distance from Truro | About 24 miles south-west |
| Planning system | National Planning Policy Framework and local plan |
| When you're paid | Over time, as homes are built and sold |
| Planning costs | Shared or ours, as agreed |
When a land joint venture suits land near Penzance
- Landowners who want a share in development profit
- Families and estates with a long-term view
- Owners comfortable sharing risk as well as reward
- Sites suitable for phased delivery
Some landowners want more than a price. A joint venture lets you share in the value of the finished homes, in return for waiting and accepting some risk.
The terms that matter
Structure
Land price plus profit share, a partnership or a company: each has different tax and legal effects.
Risk
You share in downside as well as upside, so independent advice is essential.
Land value
How your land is valued going into the venture matters.
Tax
Joint ventures can change how your proceeds are taxed, so take tax advice first.
Land near Penzance that a land joint venture suits
Land with planning permission in Penzance
An option if you would like a share of the profit from building the homes.
Land without planning permission in Penzance
You keep a stake and share in the value planning creates.
Brownfield land in Penzance
Worth discussing if you want to share in the regeneration value.
Landlocked land and access problems in Penzance
Often the best way to combine landlocked land with the land that gives access.
How a sale works
Send us the address
A postcode, a plan or a what3words location is enough to start.
We check it properly
Title, planning history, access, flood maps and local policy.
You get a written offer
With the main figures behind it, so your adviser can check it.
Solicitors complete the sale
Exchange and complete, or exchange now and complete when planning is granted.
Planning and legal points for land in Cornwall
Planning framework
Planning decisions in England follow the National Planning Policy Framework, revised in August 2026, and the local plan, prepared by the council or, in a national park, the park authority. Plans are reviewed periodically, which is when new housing sites are usually allocated.
Tax on the sale
The buyer pays Stamp Duty Land Tax. As the seller you may owe capital gains tax, and some commercial land carries VAT. Take advice from an accountant.
Common problems, and how we handle them
You're not sure you can afford to wait
Many structures pay part of the land value up front, with the rest as homes sell.
You want to keep part of the land
Joint ventures can cover just part of your holding.
Useful to send us
- The address or postcode
- Your title number, if you know it
- Any planning applications or letters
- Details of any tenants or grazing agreements
Questions from landowners near Penzance
Is a joint venture better than selling?
It can pay more, but you wait longer and share the risk. It suits some owners and not others.
Do I need separate advice?
Yes. You should have your own solicitor and tax adviser before entering a joint venture.
Can a joint venture include affordable homes?
Yes. Affordable and social housing can form part of a scheme, and we can talk through how it affects returns.
Do you buy land in Penzance?
Yes. We consider land in and around Penzance and across Cornwall. Whether we can make an offer depends on the land itself, especially its access and planning prospects, and we'll tell you either way.
More land we buy in Penzance
- Development land
- Land with planning permission
- Land without planning permission
- Large strategic sites
- Land for affordable homes
- Farmland and agricultural land
- Paddocks and equestrian land
- Barns and rural buildings
- Building plots
- Garden land and backland
- Infill plots and gap sites
- Small sites
- Garage sites
- Brownfield land
- Redundant commercial and industrial land
- Inherited and probate land
- Landlocked land and access problems
- Outright purchase
- Subject-to-planning sale
- Option agreements
- All land in Penzance
- Joint ventures in Cornwall
Find out what we'd pay for your land near Penzance
A free appraisal tells you what we'd pay and why.