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Joint ventures on land in Burry Port

For owners in Burry Port and the SA16 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.

  • Figures explained, so you can check them
  • No pressure to decide
  • Independent advice encouraged

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Where Burry Port sits

The land we're most interested in near Burry Port sits on the edge of the built-up area or in the villages towards Llanelli (4 miles) and Gorseinon (9 miles).

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

TownBurry Port
CountyDyfed
CountryWales
Postcode districtSA16
OS grid squareSN40
Nearest towns we coverLlanelli (4 mi), Gorseinon (9 mi), Pontarddulais (9 mi)
Distance from CarmarthenAbout 12 miles south
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

When a land joint venture suits land near Burry Port

  • 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

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

How the money works

Risk

You share in downside as well as upside, so independent advice is essential.

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.

Land near Burry Port that a land joint venture suits

Farmland and agricultural land in Burry Port

Lets farming families share in development over time.

Garden land and backland in Burry Port

Possible if you'd like a share of the new home's value.

Garage sites in Burry Port

Possible for larger courts.

Landlocked land and access problems in Burry Port

Often the best way to combine landlocked land with the land that gives access.

How a sale works

  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. We put an offer in writing

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

  4. The legal work

    Your solicitor and ours handle the contract through to completion.

Rules that apply in Wales

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.

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're worried about the risk

You can limit risk through the structure, but not remove it. Take independent advice.

Useful to send us

  • The address or postcode
  • A rough size, in acres or hectares
  • Any planning applications or letters
  • Details of any tenants or grazing agreements

Your questions answered

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.

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.

How do I get an offer for land in Burry Port?

Use the form on this page or call 0800 088 6248. Tell us the postcode, the rough size and anything you know about planning, and we'll come back to you.

Joint ventures near Burry Port

Other land types and routes

Find out what we'd pay for your land near Burry Port

A free appraisal tells you what we'd pay and why.

Get an offerCall 0800 088 6248