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Joint ventures on land in Carmarthen

Before you agree a land joint venture on land near Carmarthen, 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.

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

Selling land near Carmarthen?

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.

Where Carmarthen sits

From Carmarthen, it's 12 miles to Burry Port and 13 miles to Llanelli. We buy land across that whole stretch of Dyfed, not only within the town.

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

TownCarmarthen
CountyDyfed
CountryWales
Postcode districtSA31
OS grid squareSN41
Nearest towns we coverBurry Port (12 mi), Llanelli (13 mi), Ammanford (14 mi)
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?

  • 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.

The terms that matter

Timing

Returns arrive as homes sell, which can take years.

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 Carmarthen that a land joint venture suits

Barns and rural buildings in Carmarthen

Worth considering for a larger yard you'd like to see developed well.

Infill plots and gap sites in Carmarthen

Possible for a pair of homes if you'd like a share.

Small sites in Carmarthen

Can suit owners who'd like to share in the homes' sale value.

Inherited and probate land in Carmarthen

Rare for estates, but possible where family members wish to stay involved.

What happens next

  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. 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
  • Any planning applications or letters
  • Photos of the land and its access
  • How soon you'd ideally like to sell

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.

Can you visit land near Carmarthen?

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.

Also near Carmarthen

More land we buy in Carmarthen

Ready to talk about your land in Carmarthen?

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

Get an offerCall 0800 088 6248