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Joint ventures on land in Aberystwyth

If you own land near Aberystwyth, you may be wondering whether a land joint venture would suit you. The answer depends on your land's planning prospects and how soon you want to be paid.

Joint ventures can be structured in different ways, from a land price plus a share of profit to a full partnership. We'll explain each so you can choose with your advisers.

  • No commission: we're the buyer
  • Figures explained, so you can check them
  • Independent advice encouraged

Tell us about your land

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.

Aberystwyth at a glance

Aberystwyth lies in Dyfed, roughly 40 miles north of Carmarthen. Nearby, we also look at land around Llandrindod Wells (32 miles), Cardigan (34 miles) and Newtown (34 miles).

South-west Wales: Carmarthenshire, Ceredigion and Pembrokeshire, including the Pembrokeshire Coast National Park.

TownAberystwyth
CountyDyfed
CountryWales
Postcode districtSY23
OS grid squareSN58
Nearest towns we coverLlandrindod Wells (32 mi), Cardigan (34 mi), Newtown (34 mi)
Distance from CarmarthenAbout 40 miles north
Planning systemPlanning Policy Wales and Local Development 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

Is a land joint venture right for your land?

  • Landowners who want a share in development profit
  • Families and estates with a long-term view
  • Land with planning permission or a strong prospect
  • Land where affordable or social housing forms part of the scheme

If you'd like to see your land become homes, and stay involved while it happens, a joint venture may suit you.

What to check in a land joint venture

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.

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.

How a sale works

  1. Tell us about your land

    Send the postcode or address and a rough size.

  2. We check it properly

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

  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.

What Wales's rules mean for your land

Planning framework

Planning in Wales follows Planning Policy Wales, the national plan Future Wales and the Local Development Plan, prepared by the council or, in a national park, the park authority. When plans are reviewed, landowners can put land forward as a candidate site.

Tax on the sale

In Wales the buyer pays Land Transaction Tax rather than Stamp Duty. As the seller you may owe capital gains tax. 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
  • A plan, or a screenshot from an online map
  • Any planning applications or letters
  • Details of any tenants or grazing agreements

What people ask us about a land joint venture

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.

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.

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 you buy land in Aberystwyth?

Yes. We consider land in and around Aberystwyth and across Dyfed. 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 Aberystwyth?

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