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Joint ventures on land in Colne

For owners in Colne and the BB8 area, a land joint venture is worth understanding before you talk to any buyer, including us.

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.

  • Figures explained, so you can check them
  • No pressure to decide
  • Clear terms in writing

Selling land near Colne?

We'll check the title and planning, then call you.

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

Where Colne sits

Colne (BB8) sits in OS grid square SD84, roughly 23 miles east of Preston. Sites between here and Nelson or Accrington are just as much of interest to us.

Farmland on the coastal plain, the Forest of Bowland National Landscape inland, and green belt around Preston, Blackpool and the east Lancashire towns.

TownColne
CountyLancashire
CountryEngland
Postcode districtBB8
OS grid squareSD84
Nearest towns we coverNelson (2 mi), Burnley (5 mi), Accrington (11 mi)
Distance from PrestonAbout 23 miles east
Planning systemNational Planning Policy Framework and local 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 Colne

  • Landowners who want a share in development profit
  • Sites where we'd aim to build the homes ourselves
  • Land with planning permission or a strong prospect
  • Sites suitable for phased delivery

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

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.

Control

Agreements set who decides what, and what happens if you disagree.

Tax

Joint ventures can change how your proceeds are taxed, so take tax advice first.

What happens next

  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. 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 England's rules mean for your land

Planning framework

Planning decisions in England follow the National Planning Policy Framework, revised in August 2026, and the local plan, prepared by the council or, in a national park, the park authority. Plans are reviewed periodically, which is when new housing sites are usually allocated.

Tax on the sale

The buyer pays Stamp Duty Land Tax. As the seller you may owe capital gains tax, and some commercial land carries VAT. Take advice from an accountant.

When the land isn't straightforward

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
  • Your title number, if you know it
  • Details of any tenants or grazing agreements
  • Photos of the land and its access

Common questions

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.

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.

Do you buy land in Colne?

Yes. We consider land in and around Colne and across Lancashire. Whether we can make an offer depends on the land itself, especially its access and planning prospects, and we'll tell you either way.

Find out what we'd pay for your land near Colne

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