Joint ventures on land in Powys
For landowners in Powys, a land joint venture is one of four ways to sell to us. Here's how it works there.
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
- Independent advice encouraged
Get an offer for land in Powys
Send the postcode and a rough size.
Joint ventures in Powys at a glance
A large rural county including much of Bannau Brycheiniog National Park, with small market towns spread across it.
| County | Powys |
|---|---|
| Country | Wales |
| Towns we cover here | 4 |
| Main town | Newtown |
| Example postcode districts | LD1, LD3, SY16, SY21 |
| 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 Powys
- 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
- Owners comfortable sharing risk as well as reward
- 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.
The terms that matter
Structure
Land price plus profit share, a partnership or a company: each has different tax and legal effects.
Timing
Returns arrive as homes sell, which can take years.
Land value
How your land is valued going into the venture matters.
Exit
Agreements should say what happens if either side wants out.
Land a land joint venture works for in Powys
Land with planning permission in Powys
An option if you would like a share of the profit from building the homes.
Land without planning permission in Powys
You keep a stake and share in the value planning creates.
Barns and rural buildings in Powys
Worth considering for a larger yard you'd like to see developed well.
Garage sites in Powys
Possible for larger courts.
Inherited and probate land in Powys
Rare for estates, but possible where family members wish to stay involved.
Landlocked land and access problems in Powys
Often the best way to combine landlocked land with the land that gives access.
What happens next
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.
The legal work
Your solicitor and ours handle the contract through to completion.
Planning and legal points for land in Powys
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.
Common problems, and how we handle them
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 rough size, in acres or hectares
- Your title number, if you know it
- Photos of the land and its access
Your questions answered
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.
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.
Do you buy land in Powys?
Yes. We consider land across Powys, from Newtown 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 Powys
Send the postcode and a rough size and we'll come back with a straight answer.