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Joint ventures on land in Barry

If you own land near Barry, you may be wondering whether a land joint venture would suit you. The answer depends on your land's planning prospects and how soon you want to be paid.

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
  • No pressure to decide

Selling land near Barry?

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Land around Barry

From Barry, it's 4 miles to Dinas Powys and 5 miles to Penarth. We buy land across that whole stretch of South Glamorgan, not only within the town.

Cardiff and the Vale of Glamorgan, where demand for homes is high and the city's edges are managed through green wedge policy.

TownBarry
CountySouth Glamorgan
CountryWales
Postcode districtCF62
OS grid squareST16
Nearest towns we coverDinas Powys (4 mi), Penarth (5 mi), Llandaff (7 mi)
Distance from CardiffAbout 7 miles south-west
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

Is a land joint venture right for your land?

  • Families and estates with a long-term view
  • Sites where we'd aim to build the homes ourselves
  • 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

Timing

Returns arrive as homes sell, which can take years.

Control

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

Land value

How your land is valued going into the venture matters.

Tax

Joint ventures can change how your proceeds are taxed, so take tax advice first.

How a sale works

  1. Tell us about your land

    Send the postcode or address and a rough size.

  2. We do the homework

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

  3. We put an offer in writing

    It shows how we got there. There's no obligation to accept.

  4. The legal work

    Your solicitor and ours handle the contract through to completion.

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.

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'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
  • A plan, or a screenshot from an online map
  • Photos of the land and its access

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 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.

How do I get an offer for land in Barry?

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.

Get a straight answer about your land

A free appraisal tells you what we'd pay and why.