Joint ventures on land in Mid Glamorgan
Considering a land joint venture for land in Mid Glamorgan? This page sets out the terms that matter and the rules that apply in Wales.
If you'd like to see your land become homes, and stay involved while it happens, a joint venture may suit you.
- Free appraisal and written offer
- Figures explained, so you can check them
- No pressure to decide
Get an offer for land in Mid Glamorgan
Send the postcode and a rough size.
Joint ventures in Mid Glamorgan at a glance
The South Wales Valleys and Bridgend, where former industrial land sits alongside upland farming.
| County | Mid Glamorgan |
|---|---|
| Country | Wales |
| Towns we cover here | 8 |
| Main town | Rhondda |
| Example postcode districts | CF31, CF34, CF36, CF37, CF40 |
| Planning system | Planning Policy Wales and Local Development Plan |
| When you're paid | Over time, as homes are built and sold |
| Timescale | The longest route |
When a land joint venture suits land in Mid Glamorgan
- Families and estates with a long-term view
- Sites where we'd aim to build the homes ourselves
- Land with planning permission or a strong prospect
- Sites suitable for phased delivery
- 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.
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.
Land value
How your land is valued going into the venture matters.
Land a land joint venture works for in Mid Glamorgan
Development land in Mid Glamorgan
Worth discussing if you want a share of the finished development value.
Large strategic sites in Mid Glamorgan
Lets you share in the development value if you can wait for it.
Farmland and agricultural land in Mid Glamorgan
Lets farming families share in development over time.
Infill plots and gap sites in Mid Glamorgan
Possible for a pair of homes if you'd like a share.
Garage sites in Mid Glamorgan
Possible for larger courts.
Landlocked land and access problems in Mid Glamorgan
Often the best way to combine landlocked land with the land that gives access.
How a sale works
Tell us about your land
Send the postcode or address and a rough size.
We do the homework
We read the title and planning record and check flood risk and access.
We put an offer in writing
It shows how we got there. There's no obligation to accept.
Solicitors complete the sale
Exchange and complete, or exchange now and complete when planning is granted.
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.
When the land isn't straightforward
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
- Your title number, if you know it
- Details of any tenants or grazing agreements
- How soon you'd ideally like to sell
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 Mid Glamorgan?
Yes. We consider land across Mid Glamorgan, from Rhondda to the smaller towns and villages. Whether we can make an offer depends on the land itself, and we'll tell you either way.
Find out what we'd pay for your land in Mid Glamorgan
Send the postcode and a rough size and we'll come back with a straight answer.