0800 088 6248 Get an offer
Land we buyWays to sellAreasGuidesAbout Contact Get an offer

Joint ventures on land in Bethesda

For owners in Bethesda and the LL57 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.

  • Free appraisal and written offer
  • No commission: we're the buyer
  • Independent advice encouraged

Tell us about your land

Send the postcode and a rough size.

Please enter your name.
Please enter a UK phone number.
Please enter a valid email address.
Please enter a postcode, or at least the first half.
Please tick the box so we can contact you.

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

Bethesda at a glance

The land we're most interested in near Bethesda sits on the edge of the built-up area or in the villages towards Bangor (4 miles) and Caernarfon (9 miles).

North-west Wales, including Eryri National Park and Anglesey, where local need and the Welsh language feature in planning policy.

TownBethesda
CountyGwynedd
CountryWales
Postcode districtLL57
OS grid squareSH66
Nearest towns we coverBangor (4 mi), Caernarfon (9 mi), Llangefni (12 mi)
Distance from BangorAbout 4 miles south-east
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 Bethesda

  • Landowners who want a share in development profit
  • Land with planning permission or a strong prospect
  • Owners comfortable sharing risk as well as reward
  • Sites suitable for phased delivery

If you'd like to see your land become homes, and stay involved while it happens, a joint venture may suit you.

What to check in a land joint venture

Risk

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

Land value

How your land is valued going into the venture matters.

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 near Bethesda that a land joint venture suits

Land with planning permission in Bethesda

An option if you would like a share of the profit from building the homes.

Barns and rural buildings in Bethesda

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

Small sites in Bethesda

Can suit owners who'd like to share in the homes' sale value.

Redundant commercial and industrial land in Bethesda

Possible for larger sites.

How a sale works

  1. Send us the address

    A postcode, a plan or a what3words location is enough to start.

  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. 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.

Common problems, and how we handle them

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
  • Your title number, if you know it
  • Any planning applications or letters
  • Details of any tenants or grazing agreements

What people ask us about a land joint venture

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 I need separate advice?

Yes. You should have your own solicitor and tax adviser before entering a joint venture.

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 Bethesda?

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.

Also near Bethesda

More land we buy in Bethesda

Get a straight answer about your land

Send the postcode and a rough size. We'll check the title and planning position and come back to you.

Get an offerCall 0800 088 6248