Joint ventures on land in Frome
If you own land in or around Frome, joint ventures is one of four ways you can sell it to us. Here's how it works and when it makes sense.
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.
- Free appraisal and written offer
- Figures explained, so you can check them
- No pressure to decide
Get an offer for land in Frome
Send the postcode and a rough size.
Where Frome sits
Frome lies in Somerset, some 10 miles south of Bath. Nearby, we also look at land around Westbury (6 miles), Warminster (6 miles) and Trowbridge (8 miles).
The Levels and Moors, where flooding and nutrient rules are major planning issues, plus Exmoor, the Mendip Hills, and green belt around Bath.
| Town | Frome |
|---|---|
| County | Somerset |
| Country | England |
| Postcode district | BA11 |
| OS grid square | ST74 |
| Nearest towns we cover | Westbury (6 mi), Warminster (6 mi), Trowbridge (8 mi) |
| Distance from Bath | About 10 miles south |
| Planning system | National Planning Policy Framework and local 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
- Owners comfortable sharing risk as well as reward
- 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.
What to check in a land joint venture
Structure
Land price plus profit share, a partnership or a company: each has different tax and legal effects.
Land value
How your land is valued going into the venture matters.
Exit
Agreements should say what happens if either side wants out.
Tax
Joint ventures can change how your proceeds are taxed, so take tax advice first.
Land near Frome that a land joint venture suits
Land without planning permission in Frome
You keep a stake and share in the value planning creates.
Garden land and backland in Frome
Possible if you'd like a share of the new home's value.
Garage sites in Frome
Possible for larger courts.
Landlocked land and access problems in Frome
Often the best way to combine landlocked land with the land that gives access.
From first call to completion
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.
Solicitors complete the sale
Exchange and complete, or exchange now and complete when planning is granted.
Rules that apply in England
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.
When the land isn't straightforward
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
- Any planning applications or letters
- Details of any tenants or grazing agreements
- Photos of the land and its access
Questions from landowners near Frome
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.
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 need separate advice?
Yes. You should have your own solicitor and tax adviser before entering a joint venture.
Do you cover the villages around Frome?
Yes. Villages between Frome, Westbury and Warminster often have the kind of edge-of-settlement land we're looking for.
Joint ventures near Frome
Other land types and routes
- Development land
- Land with planning permission
- Land without planning permission
- Large strategic sites
- Green belt and grey belt land
- 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 Frome
- Joint ventures in Somerset
Get a straight answer about your land
Send the postcode and a rough size. We'll check the title and planning position and come back to you.