Joint ventures on land in West Glamorgan
For landowners in West Glamorgan, a land joint venture is one of four ways to sell to us. Here's how it works there.
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.
- Free appraisal and written offer
- No commission: we're the buyer
- No pressure to decide
Get an offer for land in West Glamorgan
Send the postcode and a rough size.
Joint ventures in West Glamorgan at a glance
Swansea and Neath Port Talbot, from former industrial sites to the Gower National Landscape.
| County | West Glamorgan |
|---|---|
| Country | Wales |
| Towns we cover here | 8 |
| Main town | Swansea |
| Example postcode districts | SA1, SA4, SA6, SA9, SA11 |
| 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 West Glamorgan
- Landowners who want a share in development profit
- Sites where we'd aim to build the homes ourselves
- Owners comfortable sharing risk as well as reward
- Sites suitable for phased delivery
- 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.
How the money works
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.
Tax
Joint ventures can change how your proceeds are taxed, so take tax advice first.
Land a land joint venture works for in West Glamorgan
Large strategic sites in West Glamorgan
Lets you share in the development value if you can wait for it.
Land for affordable homes in West Glamorgan
Can suit estates and charities that want an ongoing say in the homes.
Small sites in West Glamorgan
Can suit owners who'd like to share in the homes' sale value.
Garage sites in West Glamorgan
Possible for larger courts.
Redundant commercial and industrial land in West Glamorgan
Possible for larger sites.
Inherited and probate land in West Glamorgan
Rare for estates, but possible where family members wish to stay involved.
How a sale works
Send us the address
A postcode, a plan or a what3words location is enough to start.
We check it properly
Title, planning history, access, flood maps and local policy.
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.
Rules that apply in Wales
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 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
- A rough size, in acres or hectares
- A plan, or a screenshot from an online map
- Details of any tenants or grazing agreements
- Photos of the land and its access
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.
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 I need separate advice?
Yes. You should have your own solicitor and tax adviser before entering a joint venture.
Do you buy land in West Glamorgan?
Yes. We consider land across West Glamorgan, from Swansea 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 West Glamorgan
Find out what we'd pay for your land in West Glamorgan
Send the postcode and a rough size and we'll come back with a straight answer.