Joint ventures on land in Porthcawl
We offer a land joint venture on land across Mid Glamorgan, including sites around Porthcawl, Bridgend and Maesteg.
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.
- No commission: we're the buyer
- Figures explained, so you can check them
- No pressure to decide
Selling land near Porthcawl?
Send the postcode and a rough size.
Land around Porthcawl
Porthcawl (CF36) sits in OS grid square SS87, about 17 miles south-west of Rhondda. Sites between here and Bridgend or Llantwit Major are just as much of interest to us.
| Town | Porthcawl |
|---|---|
| County | Mid Glamorgan |
| Country | Wales |
| Postcode district | CF36 |
| OS grid square | SS87 |
| Nearest towns we cover | Bridgend (6 mi), Maesteg (9 mi), Llantwit Major (10 mi) |
| Distance from Rhondda | About 17 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 |
Who a land joint venture works best for
- Landowners who want a share in development profit
- Families and estates with a long-term view
- Land with planning permission or a strong prospect
- 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.
How the money works
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.
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 Porthcawl that a land joint venture suits
Development land in Porthcawl
Worth discussing if you want a share of the finished development value.
Large strategic sites in Porthcawl
Lets you share in the development value if you can wait for it.
Small sites in Porthcawl
Can suit owners who'd like to share in the homes' sale value.
Brownfield land in Porthcawl
Worth discussing if you want to share in the regeneration value.
From first call to completion
Tell us about your land
Send the postcode or address and a rough size.
We check it properly
Title, planning history, access, flood maps and local policy.
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.
Awkward details we deal with
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
- Your title number, if you know it
- Any planning applications or letters
- Photos of the land and its access
- How soon you'd ideally like to sell
What people ask us about a land joint venture
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 Porthcawl?
Yes. Villages between Porthcawl, Bridgend and Maesteg often have the kind of edge-of-settlement land we're looking for.
Joint ventures near Porthcawl
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 Porthcawl
- Joint ventures in Mid Glamorgan
Find out what we'd pay for your land near Porthcawl
Send the postcode and a rough size. We'll check the title and planning position and come back to you.