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Joint ventures on land in Newton Abbot

If you own land in or around Newton Abbot, joint ventures is one of four ways you can sell it to us. Here's how it works and when it makes sense.

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.

  • No commission: we're the buyer
  • No pressure to decide
  • Independent advice encouraged

Get an offer for land in Newton Abbot

We'll check the title and planning, then call you.

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Free and no obligation. We're the buyer, so there's no commission.

Newton Abbot at a glance

Land around Newton Abbot falls under England's planning system. The closest towns we also cover are Torquay, 6 miles away, and Paignton, 7 miles away, and Plymouth is 26 miles away.

TownNewton Abbot
CountyDevon
CountryEngland
Postcode districtTQ12
OS grid squareSX87
Nearest towns we coverTorquay (6 mi), Paignton (7 mi), Exmouth (11 mi)
Distance from PlymouthAbout 26 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 Newton Abbot

  • Landowners who want a share in development profit
  • Families and estates with a long-term view
  • Sites where we'd aim to build the homes ourselves
  • 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.

What to check in a land joint venture

Structure

Land price plus profit share, a partnership or a company: each has different tax and legal effects.

Land value

How your land is valued going into the venture matters.

Exit

Agreements should say what happens if either side wants out.

Tax

Joint ventures can change how your proceeds are taxed, so take tax advice first.

From first call to completion

  1. Send us the address

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

  2. We check it properly

    Title, planning history, access, flood maps and local policy.

  3. You get a written offer

    With the main figures behind it, so your adviser can check it.

  4. Solicitors complete the sale

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

Planning and legal points for land in Devon

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.

Awkward details we deal with

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
  • A rough size, in acres or hectares
  • Details of any tenants or grazing agreements
  • How soon you'd ideally like to sell

What people ask us about a land joint venture

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 Newton Abbot?

Yes. We consider land in and around Newton Abbot and across Devon. Whether we can make an offer depends on the land itself, especially its access and planning prospects, and we'll tell you either way.

Ready to talk about your land in Newton Abbot?

Call 0800 088 6248 or send the details. There's no obligation.