Joint ventures on land in Llandaff
If you own land in or around Llandaff, 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.
- Figures explained, so you can check them
- No pressure to decide
- Independent advice encouraged
Get an offer for land in Llandaff
Send the postcode and a rough size.
Land around Llandaff
Our appraisals for Llandaff start with the CF5 postcode district and the OS grid square ST17, then widen out to Whitchurch, Cardiff and Rhiwbina, all within about 2 miles.
| Town | Llandaff |
|---|---|
| County | South Glamorgan |
| Country | Wales |
| Postcode district | CF5 |
| OS grid square | ST17 |
| Nearest towns we cover | Whitchurch (1 mi), Cardiff (2 mi), Rhiwbina (2 mi) |
| Distance from Cardiff | About 2 miles north-west |
| Planning system | Planning Policy Wales and Local Development Plan |
| When you're paid | Over time, as homes are built and sold |
| Planning costs | Shared or ours, as agreed |
When a land joint venture suits land near Llandaff
- Landowners who want a share in development profit
- Families and estates with a long-term view
- Owners comfortable sharing risk as well as reward
- Sites suitable for phased delivery
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.
How the money works
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.
Land value
How your land is valued going into the venture matters.
Exit
Agreements should say what happens if either side wants out.
Land near Llandaff that a land joint venture suits
Land with planning permission in Llandaff
An option if you would like a share of the profit from building the homes.
Farmland and agricultural land in Llandaff
Lets farming families share in development over time.
Garden land and backland in Llandaff
Possible if you'd like a share of the new home's value.
Infill plots and gap sites in Llandaff
Possible for a pair of homes if you'd like a share.
How a sale works
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.
Planning and legal points for land in South Glamorgan
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.
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
- A plan, or a screenshot from an online map
- Your title number, if you know it
- Photos of the land and its access
What people ask us about a land joint venture
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 have to put money in?
Not usually. Your contribution is normally the land itself.
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.
Can you visit land near Llandaff?
Yes. Once we've looked at the title and planning position, we arrange a site visit if the land looks suitable. Send the address or postcode to start.
Also near Llandaff
Other land in Llandaff
- Development land
- Land with planning permission
- Land without planning permission
- Large strategic sites
- 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 Llandaff
- Joint ventures in South Glamorgan
Find out what we'd pay for your land near Llandaff
A free appraisal tells you what we'd pay and why.