Joint ventures on land in Somerset
Considering a land joint venture for land in Somerset? This page sets out the terms that matter and the rules that apply in England.
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.
- No commission: we're the buyer
- Figures explained, so you can check them
- Clear terms in writing
Get an offer for land in Somerset
Send the postcode and a rough size.
Joint ventures in Somerset at a glance
The Levels and Moors, where flooding and nutrient rules are major planning issues, plus Exmoor, the Mendip Hills, and green belt around Bath.
| County | Somerset |
|---|---|
| Country | England |
| Towns we cover here | 10 |
| Main town | Bath |
| Example postcode districts | BA1, BA11, BA20, BS20, BS21 |
| Planning system | National Planning Policy Framework and local plan |
| When you're paid | Over time, as homes are built and sold |
| Timescale | The longest route |
Who a land joint venture works best for
- Landowners who want a share in development profit
- 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
- Sites suitable for phased delivery
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.
Control
Agreements set who decides what, and what happens if you disagree.
Land value
How your land is valued going into the venture matters.
Land a land joint venture works for in Somerset
Land with planning permission in Somerset
An option if you would like a share of the profit from building the homes.
Green belt and grey belt land in Somerset
An option for owners prepared to wait and share in the result.
Paddocks and equestrian land in Somerset
Suits owners of larger equestrian yards with redevelopment potential.
Building plots in Somerset
Can suit owners who want to share in the home's sale price.
Brownfield land in Somerset
Worth discussing if you want to share in the regeneration value.
Redundant commercial and industrial land in Somerset
Possible for larger sites.
What happens next
Send us the address
A postcode, a plan or a what3words location is enough to start.
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 England's rules mean for your land
Planning framework
Planning decisions in England follow the National Planning Policy Framework, revised in August 2026, and the local plan, prepared by the council or, in a national park, the park authority. Plans are reviewed periodically, which is when new housing sites are usually allocated.
Tax on the sale
The buyer pays Stamp Duty Land Tax. As the seller you may owe capital gains tax, and some commercial land carries VAT. 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're worried about the risk
You can limit risk through the structure, but not remove it. Take independent advice.
Useful to send us
- The address or postcode
- A rough size, in acres or hectares
- Details of any tenants or grazing agreements
- How soon you'd ideally like to sell
What people ask us about a land joint venture
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 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 Somerset?
Yes. We consider land across Somerset, from Bath to the smaller towns and villages. Whether we can make an offer depends on the land itself, and we'll tell you either way.
Joint ventures by town in Somerset
Find out what we'd pay for your land in Somerset
Send the postcode and a rough size and we'll come back with a straight answer.