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Joint ventures on land in Cardigan

Before you agree a land joint venture on land near Cardigan, it helps to know exactly when you'd be paid, who carries the planning risk and how the price is set.

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

  • Free appraisal and written offer
  • No commission: we're the buyer
  • No pressure to decide

Tell us about your land

Free, no-obligation appraisal.

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

Cardigan at a glance

Cardigan (SA43) sits in OS grid square SN14, some 22 miles north-west of Carmarthen. Sites between here and Carmarthen or Tenby are just as much of interest to us.

TownCardigan
CountyDyfed
CountryWales
Postcode districtSA43
OS grid squareSN14
Nearest towns we coverCarmarthen (22 mi), Haverfordwest (23 mi), Tenby (28 mi)
Distance from CarmarthenAbout 22 miles north-west
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 Cardigan

  • Families and estates with a long-term view
  • Sites where we'd aim to build the homes ourselves
  • Land with planning permission or a strong prospect
  • Land where affordable or social housing forms part of the scheme

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.

How the money works

Timing

Returns arrive as homes sell, which can take years.

Control

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

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 do the homework

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

  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 Dyfed

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

  • Your title number, if you know it
  • Any planning applications or letters
  • Details of any tenants or grazing agreements
  • Photos of the land and its access

Questions from landowners near Cardigan

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.

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 cover the villages around Cardigan?

Yes. Villages between Cardigan, Carmarthen and Haverfordwest often have the kind of edge-of-settlement land we're looking for.

Get a straight answer about your land

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