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Joint ventures on land in Ebbw Vale

For owners in Ebbw Vale and the NP23 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 commission: we're the buyer
  • Figures explained, so you can check them
  • No pressure to decide

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Where Ebbw Vale sits

Land around Ebbw Vale falls under Wales's planning system. The closest towns we also cover are Merthyr Tydfil, 8 miles away, and Blackwood, 8 miles away, and Newport is 16 miles away.

TownEbbw Vale
CountyGwent
CountryWales
Postcode districtNP23
OS grid squareSO10
Nearest towns we coverMerthyr Tydfil (8 mi), Blackwood (8 mi), Gelligaer (8 mi)
Distance from NewportAbout 16 miles north-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?

  • Landowners who want a share in development profit
  • Land with planning permission or a strong prospect
  • Owners comfortable sharing risk as well as reward
  • 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.

Land value

How your land is valued going into the venture matters.

From first call to completion

  1. Tell us about your land

    Send the postcode or address and a rough size.

  2. We do the homework

    We read the title and planning record and check flood risk and access.

  3. You get a written offer

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

  4. Solicitors complete the sale

    Exchange and complete, or exchange now and complete when planning is granted.

Planning and legal points for land in Gwent

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
  • A plan, or a screenshot from an online map
  • 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.

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.

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 cover the villages around Ebbw Vale?

Yes. Villages between Ebbw Vale, Merthyr Tydfil and Blackwood often have the kind of edge-of-settlement land we're looking for.

Ready to talk about your land in Ebbw Vale?

A free appraisal tells you what we'd pay and why.