Joint ventures on land in Chepstow
If you own land near Chepstow, 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 commission: we're the buyer
- Figures explained, so you can check them
- Independent advice encouraged
Tell us about your land
Free, no-obligation appraisal.
Land around Chepstow
Chepstow (NP16) sits in OS grid square ST59, roughly 14 miles east of Newport. Sites between here and Portishead or Mangotsfield are just as much of interest to us.
| Town | Chepstow |
|---|---|
| County | Gwent |
| Country | Wales |
| Postcode district | NP16 |
| OS grid square | ST59 |
| Nearest towns we cover | Portishead (12 mi), Monmouth (12 mi), Mangotsfield (13 mi) |
| Distance from Newport | About 14 miles east |
| Planning system | Planning Policy Wales and Local Development Plan |
| When you're paid | Over time, as homes are built and sold |
| Planning costs | Shared or ours, as agreed |
Who a land joint venture works best for
- 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.
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.
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 Chepstow that a land joint venture suits
Development land in Chepstow
Worth discussing if you want a share of the finished development value.
Large strategic sites in Chepstow
Lets you share in the development value if you can wait for it.
Small sites in Chepstow
Can suit owners who'd like to share in the homes' sale value.
Inherited and probate land in Chepstow
Rare for estates, but possible where family members wish to stay involved.
From first call to completion
Send us the address
A postcode, a plan or a what3words location is enough to start.
We check it properly
Title, planning history, access, flood maps and local policy.
We put an offer in writing
It shows how we got there. There's no obligation to accept.
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.
Awkward details we deal with
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
- Any planning applications or letters
- Details of any tenants or grazing agreements
- Photos of the land and its access
- How soon you'd ideally like to sell
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.
How do I get an offer for land in Chepstow?
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.
Also near Chepstow
Other land types and routes
- Development land
- Land with planning permission
- Land without planning permission
- Large strategic sites
- Green belt and grey belt land
- Land for affordable homes
- Farmland and agricultural land
- Paddocks and equestrian land
- Barns and rural buildings
- Building plots
- Garden land and backland
- Infill plots and gap sites
- Small sites
- Garage sites
- Brownfield land
- Redundant commercial and industrial land
- Inherited and probate land
- Landlocked land and access problems
- Outright purchase
- Subject-to-planning sale
- Option agreements
- All land in Chepstow
- Joint ventures in Gwent
Ready to talk about your land in Chepstow?
Send the postcode and a rough size. We'll check the title and planning position and come back to you.