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Joint ventures on land in Yeovil

If you own land in or around Yeovil, joint ventures is one of four ways you can sell it to us. Here's how it works and when it makes sense.

A land joint venture is an arrangement where the landowner contributes the land and a developer contributes funding, planning and building, with the proceeds shared in an agreed way. It can produce the most value for the landowner, but it takes longer and carries more risk than a sale.

  • Free appraisal and written offer
  • Figures explained, so you can check them
  • Independent advice encouraged

Get an offer for land in Yeovil

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

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Land around Yeovil

Our appraisals for Yeovil start with the BA20 postcode district and the OS grid square ST51, then widen out to Dorchester, Bridgwater and Taunton, all within about 21 miles.

TownYeovil
CountySomerset
CountryEngland
Postcode districtBA20
OS grid squareST51
Nearest towns we coverDorchester (18 mi), Bridgwater (21 mi), Taunton (21 mi)
Distance from BathAbout 32 miles south
Planning systemNational Planning Policy Framework and local 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
  • 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.

The terms that matter

Timing

Returns arrive as homes sell, which can take years.

Control

Agreements set who decides what, and what happens if you disagree.

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 Yeovil that a land joint venture suits

Land for affordable homes in Yeovil

Can suit estates and charities that want an ongoing say in the homes.

Small sites in Yeovil

Can suit owners who'd like to share in the homes' sale value.

Brownfield land in Yeovil

Worth discussing if you want to share in the regeneration value.

Redundant commercial and industrial land in Yeovil

Possible for larger sites.

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.

Planning and legal points for land in Somerset

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 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
  • A plan, or a screenshot from an online map
  • Your title number, if you know it

Your questions answered

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.

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.

How do I get an offer for land in Yeovil?

Use the form on this page or call 0800 088 6248. Tell us the postcode, the rough size and anything you know about planning, and we'll come back to you.

Joint ventures near Yeovil

More land we buy in Yeovil

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