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Joint ventures on land in Westminster

If you own land near Westminster, 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.

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.

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

Tell us about your land

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

Where Westminster sits

Westminster lies in Greater London, roughly 1 mile south-west of central London. Nearby, we also look at land around Pimlico (1 mile), Chelsea (2 miles) and Battersea (2 miles).

TownWestminster
CountyGreater London
CountryEngland
Postcode districtW1A
OS grid squareTQ27
Nearest towns we coverPimlico (1 mi), Chelsea (2 mi), Battersea (2 mi)
Distance from central LondonAbout 1 mile south-west
Planning systemNational Planning Policy Framework and local 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
  • 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.

How the money works

Risk

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

Timing

Returns arrive as homes sell, which can take years.

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.

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.

Planning and legal points for land in Greater London

Planning framework

Planning decisions in England follow the National Planning Policy Framework, revised in August 2026, and the local plan, prepared by the council or, in a national park, the park authority. Plans are reviewed periodically, which is when new housing sites are usually allocated.

Tax on the sale

The buyer pays Stamp Duty Land Tax. As the seller you may owe capital gains tax, and some commercial land carries VAT. 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

  • A plan, or a screenshot from an online map
  • Any planning applications or letters
  • Details of any tenants or grazing agreements
  • Photos of the land and its access

Questions from landowners near Westminster

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.

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.

How do I get an offer for land in Westminster?

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.

Find out what we'd pay for your land near Westminster

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