Joint ventures on land in Gorseinon
For owners in Gorseinon and the SA4 area, a land joint venture is worth understanding before you talk to any buyer, including us.
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
- Figures explained, so you can check them
- Independent advice encouraged
Selling land near Gorseinon?
Free, no-obligation appraisal.
Land around Gorseinon
Gorseinon (SA4) sits in OS grid square SS59, about 5 miles north-west of Swansea. Sites between here and Pontarddulais or Swansea are just as much of interest to us.
Swansea and Neath Port Talbot, from former industrial sites to the Gower National Landscape.
| Town | Gorseinon |
|---|---|
| County | West Glamorgan |
| Country | Wales |
| Postcode district | SA4 |
| OS grid square | SS59 |
| Nearest towns we cover | Pontarddulais (3 mi), Llanelli (5 mi), Swansea (5 mi) |
| Distance from Swansea | About 5 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 Gorseinon
- Landowners who want a share in development profit
- Families and estates with a long-term view
- Owners comfortable sharing risk as well as reward
- Land where affordable or social housing forms part of the scheme
If you'd like to see your land become homes, and stay involved while it happens, a joint venture may suit you.
The terms that matter
Structure
Land price plus profit share, a partnership or a company: each has different tax and legal effects.
Control
Agreements set who decides what, and what happens if you disagree.
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 near Gorseinon that a land joint venture suits
Land with planning permission in Gorseinon
An option if you would like a share of the profit from building the homes.
Barns and rural buildings in Gorseinon
Worth considering for a larger yard you'd like to see developed well.
Building plots in Gorseinon
Can suit owners who want to share in the home's sale price.
Garage sites in Gorseinon
Possible for larger courts.
What happens next
Tell us about your land
Send the postcode or address and a rough size.
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.
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
- Photos of the land and its access
- How soon you'd ideally like to sell
Your questions answered
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.
Do you cover the villages around Gorseinon?
Yes. Villages between Gorseinon, Pontarddulais and Llanelli often have the kind of edge-of-settlement land we're looking for.
Other land types and routes
- 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 Gorseinon
- Joint ventures in West Glamorgan
Get a straight answer about your land
Send the postcode and a rough size. We'll check the title and planning position and come back to you.