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Joint ventures on land in Bangor

We offer a land joint venture on land across Gwynedd, including sites around Bangor, Bethesda and Llangefni.

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.

  • Free appraisal and written offer
  • No pressure to decide
  • Independent advice encouraged

Tell us about your land

Send the postcode and a rough size.

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

Bangor at a glance

Our appraisals for Bangor start with the LL57 postcode district and the OS grid square SH57, then widen out to Bethesda, Llangefni and Caernarfon, all within about 8 miles.

TownBangor
CountyGwynedd
CountryWales
Postcode districtLL57
OS grid squareSH57
Nearest towns we coverBethesda (4 mi), Llangefni (8 mi), Caernarfon (8 mi)
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

When a land joint venture suits land near Bangor

  • Sites where we'd aim to build the homes ourselves
  • 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

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

Timing

Returns arrive as homes sell, which can take years.

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 Bangor that a land joint venture suits

Land for affordable homes in Bangor

Can suit estates and charities that want an ongoing say in the homes.

Farmland and agricultural land in Bangor

Lets farming families share in development over time.

Barns and rural buildings in Bangor

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

Garage sites in Bangor

Possible for larger courts.

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.

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

  • A rough size, in acres or hectares
  • Any planning applications or letters
  • Details of any tenants or grazing agreements
  • Photos of the land and its access

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.

Can you visit land near Bangor?

Yes. Once we've looked at the title and planning position, we arrange a site visit if the land looks suitable. Send the address or postcode to start.

Nearby towns

Other land types and routes

Ready to talk about your land in Bangor?

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

Get an offerCall 0800 088 6248