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Joint ventures on land in Heavitree

For owners in Heavitree and the EX2 area, a land joint venture is worth understanding before you talk to any buyer, including us.

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.

  • No commission: we're the buyer
  • Figures explained, so you can check them
  • No pressure to decide

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Land around Heavitree

The land we're most interested in near Heavitree sits on the edge of the built-up area or in the villages towards Exeter (1 mile) and Exmouth (8 miles).

A large rural county with Dartmoor and part of Exmoor, several national landscapes, and growth centred on Exeter, Plymouth and the market towns.

TownHeavitree
CountyDevon
CountryEngland
Postcode districtEX2
OS grid squareSX99
Nearest towns we coverExeter (1 mi), Exmouth (8 mi), Tiverton (13 mi)
Distance from PlymouthAbout 37 miles north-east
Planning systemNational Planning Policy Framework and local plan
When you're paidOver time, as homes are built and sold
Planning costsShared or ours, as agreed
New homes under construction with scaffolding and roof trusses on a former field

When a land joint venture suits land near Heavitree

  • Landowners who want a share in development profit
  • Owners comfortable sharing risk as well as reward
  • Sites suitable for phased delivery
  • Land where affordable or social housing forms part of the scheme

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.

Control

Agreements set who decides what, and what happens if you disagree.

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.

How a sale works

  1. Send us the address

    A postcode, a plan or a what3words location is enough to start.

  2. We do the homework

    We read the title and planning record and check flood risk and access.

  3. We put an offer in writing

    It shows how we got there. There's no obligation to accept.

  4. Solicitors complete the sale

    Exchange and complete, or exchange now and complete when planning is granted.

Rules that apply in England

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.

When the land isn't straightforward

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

  • A rough size, in acres or hectares
  • A plan, or a screenshot from an online map
  • Your title number, if you know it
  • Photos of the land and its access

Common questions

What is a land joint venture?

An agreement where you contribute land and we contribute funding, planning and construction, with proceeds shared on agreed terms.

What happens if the homes sell for less than expected?

Depending on the structure, your share may fall. That's the risk you take in return for sharing upside.

Do I need separate advice?

Yes. You should have your own solicitor and tax adviser before entering a joint venture.

Can you visit land near Heavitree?

Yes. Once we've looked at the title and planning position, we arrange a site visit if the land looks suitable. Send the address or postcode to start.

Find out what we'd pay for your land near Heavitree

Send the postcode and a rough size. We'll check the title and planning position and come back to you.