Joint ventures on land in Wigston
If you own land near Wigston, 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.
- Free appraisal and written offer
- Independent advice encouraged
- Clear terms in writing
Get an offer for land in Wigston
Send the postcode and a rough size.
Where Wigston sits
Land around Wigston falls under England's planning system. The closest towns we also cover are Oadby, 2 miles away, and Leicester, 4 miles away, and Leicester is 4 miles away.
Largely lowland farmland and growing towns. Unlike many Midlands counties, Leicestershire has no designated green belt.
| Town | Wigston |
|---|---|
| County | Leicestershire |
| Country | England |
| Postcode district | LE18 |
| OS grid square | SP69 |
| Nearest towns we cover | Oadby (2 mi), Leicester (4 mi), Humberstone (5 mi) |
| Distance from Leicester | About 4 miles south-east |
| Planning system | National Planning Policy Framework and local 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
- Owners comfortable sharing risk as well as reward
- Sites suitable for phased delivery
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.
Control
Agreements set who decides what, and what happens if you disagree.
Land value
How your land is valued going into the venture matters.
Exit
Agreements should say what happens if either side wants out.
Land near Wigston that a land joint venture suits
Land for affordable homes in Wigston
Can suit estates and charities that want an ongoing say in the homes.
Farmland and agricultural land in Wigston
Lets farming families share in development over time.
Building plots in Wigston
Can suit owners who want to share in the home's sale price.
Brownfield land in Wigston
Worth discussing if you want to share in the regeneration value.
How a sale works
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.
You get a written offer
With the main figures behind it, so your adviser can check it.
Solicitors complete the sale
Exchange and complete, or exchange now and complete when planning is granted.
Rules that apply in England
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're worried about the risk
You can limit risk through the structure, but not remove it. Take independent advice.
Useful to send us
- The address or postcode
- A rough size, in acres or hectares
- A plan, or a screenshot from an online map
- Your title number, if you know it
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.
Do I have to put money in?
Not usually. Your contribution is normally the land itself.
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 you cover the villages around Wigston?
Yes. Villages between Wigston, Oadby and Leicester often have the kind of edge-of-settlement land we're looking for.
Also near Wigston
Other land types and routes
- Development land
- Land with planning permission
- Land without planning permission
- Large strategic sites
- 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 Wigston
- Joint ventures in Leicestershire
Ready to talk about your land in Wigston?
Send the postcode and a rough size. We'll check the title and planning position and come back to you.