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Joint ventures on land in Newtown

Choosing how to sell matters as much as choosing who to sell to. For land near Newtown, a land joint venture trades certainty and timing in a particular way.

If you'd like to see your land become homes, and stay involved while it happens, a joint venture may suit you.

  • Figures explained, so you can check them
  • No pressure to decide
  • Clear terms in writing

Tell us about your land

Send the postcode and a rough size.

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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.

Land around Newtown

The land we're most interested in near Newtown sits on the edge of the built-up area or in the villages towards Welshpool (12 miles) and Llandrindod Wells (19 miles).

A large rural county including much of Bannau Brycheiniog National Park, with small market towns spread across it.

TownNewtown
CountyPowys
CountryWales
Postcode districtSY16
OS grid squareSO19
Nearest towns we coverWelshpool (12 mi), Llandrindod Wells (19 mi), Oswestry (26 mi)
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

  • Landowners who want a share in development profit
  • Families and estates with a long-term view
  • 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.

The terms that matter

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.

From first call to completion

  1. Send us the address

    A postcode, a plan or a what3words location is enough to start.

  2. We do the homework

    We read the title and planning record and check flood risk and access.

  3. You get a written offer

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

  4. Solicitors complete the sale

    Exchange and complete, or exchange now and complete when planning is granted.

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.

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

  • A plan, or a screenshot from an online map
  • Your title number, if you know it
  • Details of any tenants or grazing agreements
  • How soon you'd ideally like to sell

Questions from landowners near Newtown

Do I have to put money in?

Not usually. Your contribution is normally the land itself.

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.

Can you visit land near Newtown?

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.

Get a straight answer about your land

Call 0800 088 6248 or send the details. There's no obligation.