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Joint ventures on land in Milford Haven

For owners in Milford Haven and the SA73 area, a land joint venture is worth understanding before you talk to any buyer, including us.

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.

  • No pressure to decide
  • Independent advice encouraged
  • Clear terms in writing

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.

Land around Milford Haven

Land around Milford Haven falls under Wales's planning system. The closest towns we also cover are Pembroke Dock, 4 miles away, and Haverfordwest, 7 miles away, and Carmarthen is 33 miles away.

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

TownMilford Haven
CountyDyfed
CountryWales
Postcode districtSA73
OS grid squareSM90
Nearest towns we coverPembroke Dock (4 mi), Haverfordwest (7 mi), Tenby (14 mi)
Distance from CarmarthenAbout 33 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

Who a land joint venture works best for

  • Landowners who want a share in development profit
  • Sites where we'd aim to build the homes ourselves
  • Owners comfortable sharing risk as well as reward
  • 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

Risk

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

Timing

Returns arrive as homes sell, which can take years.

Control

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

Tax

Joint ventures can change how your proceeds are taxed, so take tax advice first.

Land near Milford Haven that a land joint venture suits

Land with planning permission in Milford Haven

An option if you would like a share of the profit from building the homes.

Large strategic sites in Milford Haven

Lets you share in the development value if you can wait for it.

Barns and rural buildings in Milford Haven

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

Inherited and probate land in Milford Haven

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 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

  • A rough size, in acres or hectares
  • Your title number, if you know it
  • Photos of the land and its access
  • How soon you'd ideally like to sell

What people ask us about a land joint venture

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.

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 buy land in Milford Haven?

Yes. We consider land in and around Milford Haven 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.

Also near Milford Haven

Other land in Milford Haven

Find out what we'd pay for your land near Milford Haven

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

Get an offerCall 0800 088 6248