Joint ventures on land in Gwent
Considering a land joint venture for land in Gwent? This page sets out the terms that matter and the rules that apply in Wales.
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
- Independent advice encouraged
- Clear terms in writing
Get an offer for land in Gwent
Send the postcode and a rough size.
Joint ventures in Gwent at a glance
South-east Wales, from the Valleys towns to Newport and the Wye Valley National Landscape in Monmouthshire.
| County | Gwent |
|---|---|
| Country | Wales |
| Towns we cover here | 11 |
| Main town | Newport |
| Example postcode districts | CF82, CF83, NP4, NP7, NP10 |
| Planning system | Planning Policy Wales and Local Development Plan |
| When you're paid | Over time, as homes are built and sold |
| Timescale | The longest route |
Is a land joint venture right for your land?
- Landowners who want a share in development profit
- Families and estates with a long-term view
- Sites where we'd aim to build the homes ourselves
- Sites suitable for phased delivery
- 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.
What to check in a land joint venture
Risk
You share in downside as well as upside, so independent advice is essential.
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.
Land a land joint venture works for in Gwent
Development land in Gwent
Worth discussing if you want a share of the finished development value.
Large strategic sites in Gwent
Lets you share in the development value if you can wait for it.
Green belt and grey belt land in Gwent
An option for owners prepared to wait and share in the result.
Building plots in Gwent
Can suit owners who want to share in the home's sale price.
Garage sites in Gwent
Possible for larger courts.
Redundant commercial and industrial land in Gwent
Possible for larger sites.
From first call to completion
Send us the address
A postcode, a plan or a what3words location is enough to start.
We do the homework
We read the title and planning record and check flood risk and access.
You get a written offer
With the main figures behind it, so your adviser can check it.
The legal work
Your solicitor and ours handle the contract through to completion.
Rules that apply in Wales
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.
Awkward details we deal with
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
- A plan, or a screenshot from an online map
- Details of any tenants or grazing agreements
- How soon you'd ideally like to sell
Questions from landowners in Gwent
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.
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.
Do you buy land in Gwent?
Yes. We consider land across Gwent, from Newport to the smaller towns and villages. Whether we can make an offer depends on the land itself, and we'll tell you either way.
Joint ventures by town in Gwent
Find out what we'd pay for your land in Gwent
Send the postcode and a rough size and we'll come back with a straight answer.