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Joint ventures on land in Llantwit Major

If you own land near Llantwit Major, 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.

If you'd like to see your land become homes, and stay involved while it happens, a joint venture may suit you.

  • Free appraisal and written offer
  • No commission: we're the buyer
  • Independent advice encouraged

Selling land near Llantwit Major?

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

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Free and no obligation. We're the buyer, so there's no commission.

Land around Llantwit Major

Land around Llantwit Major falls under Wales's planning system. The closest towns we also cover are Bridgend, 8 miles away, and Barry, 9 miles away, and Cardiff is 14 miles away.

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

TownLlantwit Major
CountySouth Glamorgan
CountryWales
Postcode districtCF61
OS grid squareSS96
Nearest towns we coverBridgend (8 mi), Barry (9 mi), Porthcawl (10 mi)
Distance from CardiffAbout 14 miles 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

When a land joint venture suits land near Llantwit Major

  • 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
  • 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.

The terms that matter

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.

Control

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

Exit

Agreements should say what happens if either side wants out.

Land near Llantwit Major that a land joint venture suits

Development land in Llantwit Major

Worth discussing if you want a share of the finished development value.

Land without planning permission in Llantwit Major

You keep a stake and share in the value planning creates.

Redundant commercial and industrial land in Llantwit Major

Possible for larger sites.

Inherited and probate land in Llantwit Major

Rare for estates, but possible where family members wish to stay involved.

What happens next

  1. Send us the address

    A postcode, a plan or a what3words location is enough to start.

  2. We do the homework

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

  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 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.

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 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
  • Any planning applications or letters
  • How soon you'd ideally like to sell

Common questions

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.

Do you buy land in Llantwit Major?

Yes. We consider land in and around Llantwit Major and across South Glamorgan. Whether we can make an offer depends on the land itself, especially its access and planning prospects, and we'll tell you either way.

Nearby towns

More land we buy in Llantwit Major

Get a straight answer about your land

Call 0800 088 6248 or send the details. There's no obligation.

Get an offerCall 0800 088 6248