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Joint ventures on land in Haverfordwest

If you own land near Haverfordwest, 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.

  • Free appraisal and written offer
  • No commission: we're the buyer
  • Clear terms in writing

Get an offer for land in Haverfordwest

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Where Haverfordwest sits

The land we're most interested in near Haverfordwest sits on the edge of the built-up area or in the villages towards Milford Haven (7 miles) and Pembroke Dock (8 miles).

TownHaverfordwest
CountyDyfed
CountryWales
Postcode districtSA61
OS grid squareSM91
Nearest towns we coverMilford Haven (7 mi), Pembroke Dock (8 mi), Tenby (14 mi)
Distance from CarmarthenAbout 29 miles 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

Is a land joint venture right for your land?

  • Families and estates with a long-term view
  • Owners comfortable sharing risk as well as reward
  • Sites suitable for phased delivery
  • Land where affordable or social housing forms part of the scheme

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.

How the money works

Structure

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

Risk

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

Timing

Returns arrive as homes sell, which can take years.

Exit

Agreements should say what happens if either side wants out.

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. You get a written offer

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

  4. The legal work

    Your solicitor and ours handle the contract through to completion.

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.

When the land isn't straightforward

You're worried about the risk

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

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
  • Details of any tenants or grazing agreements
  • Photos of the land and its access

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.

Do I have to put money in?

Not usually. Your contribution is normally the land itself.

Do you buy land in Haverfordwest?

Yes. We consider land in and around Haverfordwest 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 Haverfordwest?

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