Joint ventures on land in Bridgend
If you own land near Bridgend, 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
- Figures explained, so you can check them
- No pressure to decide
Selling land near Bridgend?
Free, no-obligation appraisal.
Bridgend at a glance
Bridgend (CF31) sits in OS grid square SS97, about 12 miles south-west of Rhondda. Sites between here and Porthcawl or Maesteg are just as much of interest to us.
The South Wales Valleys and Bridgend, where former industrial land sits alongside upland farming.
| Town | Bridgend |
|---|---|
| County | Mid Glamorgan |
| Country | Wales |
| Postcode district | CF31 |
| OS grid square | SS97 |
| Nearest towns we cover | Porthcawl (6 mi), Llantwit Major (8 mi), Maesteg (8 mi) |
| Distance from Rhondda | About 12 miles south-west |
| Planning system | Planning Policy Wales and Local Development Plan |
| When you're paid | Over time, as homes are built and sold |
| Planning costs | Shared or ours, as agreed |
Is a land joint venture right for your land?
- Landowners who want a share in development profit
- Sites where we'd aim to build the homes ourselves
- 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
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.
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 Bridgend that a land joint venture suits
Land without planning permission in Bridgend
You keep a stake and share in the value planning creates.
Large strategic sites in Bridgend
Lets you share in the development value if you can wait for it.
Garden land and backland in Bridgend
Possible if you'd like a share of the new home's value.
Landlocked land and access problems in Bridgend
Often the best way to combine landlocked land with the land that gives access.
From first call to completion
Send us the address
A postcode, a plan or a what3words location is enough to start.
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.
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.
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
- The address or postcode
- A plan, or a screenshot from an online map
- Photos of the land and its access
- How soon you'd ideally like to sell
Your questions answered
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.
How do I get an offer for land in Bridgend?
Use the form on this page or call 0800 088 6248. Tell us the postcode, the rough size and anything you know about planning, and we'll come back to you.
Other land in Bridgend
- 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 Bridgend
- Joint ventures in Mid Glamorgan
Find out what we'd pay for your land near Bridgend
Call 0800 088 6248 or send the details. There's no obligation.