Joint ventures on land in Pontarddulais
If you own land in or around Pontarddulais, joint ventures is one of four ways you can sell it to us. Here's how it works and when it makes sense.
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.
- No commission: we're the buyer
- No pressure to decide
- Independent advice encouraged
Selling land near Pontarddulais?
Send the postcode and a rough size.
Where Pontarddulais sits
The land we're most interested in near Pontarddulais sits on the edge of the built-up area or in the villages towards Gorseinon (3 miles) and Llanelli (6 miles).
Swansea and Neath Port Talbot, from former industrial sites to the Gower National Landscape.
| Town | Pontarddulais |
|---|---|
| County | West Glamorgan |
| Country | Wales |
| Postcode district | SA4 |
| OS grid square | SN50 |
| Nearest towns we cover | Gorseinon (3 mi), Llanelli (6 mi), Ammanford (6 mi) |
| Distance from Swansea | About 8 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 |
Is a land joint venture right for your land?
- 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
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.
How the money works
Risk
You share in downside as well as upside, so independent advice is essential.
Timing
Returns arrive as homes sell, which can take years.
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 Pontarddulais that a land joint venture suits
Building plots in Pontarddulais
Can suit owners who want to share in the home's sale price.
Infill plots and gap sites in Pontarddulais
Possible for a pair of homes if you'd like a share.
Brownfield land in Pontarddulais
Worth discussing if you want to share in the regeneration value.
Landlocked land and access problems in Pontarddulais
Often the best way to combine landlocked land with the land that gives access.
From first call to completion
Send us the address
A postcode, a plan or a what3words location is enough to start.
We do the homework
We read the title and planning record and check flood risk and access.
You get a written offer
With the main figures behind it, so your adviser can check it.
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.
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 want to keep part of the land
Joint ventures can cover just part of your holding.
Useful to send us
- Your title number, if you know it
- Any planning applications or letters
- Details of any tenants or grazing agreements
- How soon you'd ideally like to sell
Questions from landowners near Pontarddulais
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 cover the villages around Pontarddulais?
Yes. Villages between Pontarddulais, Gorseinon 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 Pontarddulais
- Joint ventures in West Glamorgan
Find out what we'd pay for your land near Pontarddulais
Call 0800 088 6248 or send the details. There's no obligation.