Joint ventures on land in South Glamorgan
For landowners in South Glamorgan, a land joint venture is one of four ways to sell to us. Here's how it works there.
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
- No commission: we're the buyer
- Independent advice encouraged
Get an offer for land in South Glamorgan
Send the postcode and a rough size.
Joint ventures in South Glamorgan at a glance
Cardiff and the Vale of Glamorgan, where demand for homes is high and the city's edges are managed through green wedge policy.
| County | South Glamorgan |
|---|---|
| Country | Wales |
| Towns we cover here | 8 |
| Main town | Cardiff |
| Example postcode districts | CF5, CF10, CF14, CF61, CF62 |
| Planning system | Planning Policy Wales and Local Development Plan |
| When you're paid | Over time, as homes are built and sold |
| Timescale | The longest route |
When a land joint venture suits land in South Glamorgan
- Landowners who want a share in development profit
- Families and estates with a long-term view
- Land with planning permission or a strong prospect
- 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.
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.
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.
Land a land joint venture works for in South Glamorgan
Large strategic sites in South Glamorgan
Lets you share in the development value if you can wait for it.
Land for affordable homes in South Glamorgan
Can suit estates and charities that want an ongoing say in the homes.
Paddocks and equestrian land in South Glamorgan
Suits owners of larger equestrian yards with redevelopment potential.
Building plots in South Glamorgan
Can suit owners who want to share in the home's sale price.
Brownfield land in South Glamorgan
Worth discussing if you want to share in the regeneration value.
Landlocked land and access problems in South Glamorgan
Often the best way to combine landlocked land with the land that gives access.
What happens next
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.
What Wales's rules mean for your land
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.
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 plan, or a screenshot from an online map
- Your title number, if you know it
- Photos of the land and its access
Questions from landowners in South Glamorgan
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.
What happens if the homes sell for less than expected?
Depending on the structure, your share may fall. That's the risk you take in return for sharing upside.
Do you buy land in South Glamorgan?
Yes. We consider land across South Glamorgan, from Cardiff 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 South Glamorgan
Find out what we'd pay for your land in South Glamorgan
Send the postcode and a rough size and we'll come back with a straight answer.