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Joint ventures on land in Brecon

Before you agree a land joint venture on land near Brecon, it helps to know exactly when you'd be paid, who carries the planning risk and how the price is set.

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
  • No commission: we're the buyer
  • Independent advice encouraged

Tell us about your land

We'll check the title and planning, then call you.

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Please enter a postcode, or at least the first half.
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Free and no obligation. We're the buyer, so there's no commission.

Where Brecon sits

Brecon lies in Powys, roughly 40 miles south of Newtown. Nearby, we also look at land around Merthyr Tydfil (14 miles), Ebbw Vale (14 miles) and Aberdare (16 miles).

TownBrecon
CountyPowys
CountryWales
Postcode districtLD3
OS grid squareSO02
Nearest towns we coverMerthyr Tydfil (14 mi), Ebbw Vale (14 mi), Aberdare (16 mi)
Distance from NewtownAbout 40 miles south
Planning systemPlanning Policy Wales and Local Development Plan
When you're paidOver time, as homes are built and sold
Planning costsShared or ours, as agreed
New homes under construction with scaffolding and roof trusses on a former field

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
  • Land with planning permission or a strong prospect
  • 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.

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.

Tax

Joint ventures can change how your proceeds are taxed, so take tax advice first.

How a sale works

  1. Tell us about your land

    Send the postcode or address and a rough size.

  2. We check it properly

    Title, planning history, access, flood maps and local policy.

  3. You get a written offer

    With the main figures behind it, so your adviser can check it.

  4. The legal work

    Your solicitor and ours handle the contract through to completion.

Rules that apply in Wales

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 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

  • The address or postcode
  • A rough size, in acres or hectares
  • Your title number, if you know it
  • How soon you'd ideally like to sell

Common questions

What is a land joint venture?

An agreement where you contribute land and we contribute funding, planning and construction, with proceeds shared on agreed terms.

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.

Can you visit land near Brecon?

Yes. Once we've looked at the title and planning position, we arrange a site visit if the land looks suitable. Send the address or postcode to start.

Ready to talk about your land in Brecon?

Send the postcode and a rough size. We'll check the title and planning position and come back to you.