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Build to Rent Partnerships in County Londonderry

How do build to rent partnerships work in County Londonderry?

If you are an institution or registered provider seeking new rental homes in County Londonderry, Land to Homes can bring forward sites designed for build to rent. Homes are planned for renting from the start, with management, layouts and shared spaces to suit. The partnership can be structured as forward funding or forward purchase, agreed privately with each party taking its own advice.

Landowner and site manager shaking hands at the entrance to a housing site under constructionCounty Londonderry

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  • Private conversationsEvery arrangement documented
  • Land to homesLand, planning and construction
  • Housing partnersCouncils and housing associations
  • No public offerNothing here is an offer to invest
  • UK-wideEngland, Wales, Scotland and NI

Working together in County Londonderry

Our County Londonderry coverage takes in 4 towns and cities, centred on Derry/Londonderry and including Limavady, Coleraine and Magherafelt. If your land is near a boundary, we also cover County Tyrone, County Antrim and County Armagh.

Partnerships we can discuss around County Londonderry include Section 106 affordable homes, mixed-tenure developments and council land brought forward for homes. Because County Londonderry is in Northern Ireland, land titles are registered with Land & Property Services (Land Registry and Registry of Deeds) and transfers attract Stamp Duty Land Tax (SDLT).

If you are considering a partnership around County Londonderry, we are happy to talk privately.

How we work in County Londonderry

Houses or apartments

Single-family rental houses on suburban sites or apartments in towns, depending on the site, the planning context and the partner's requirements.

Forward purchase

The partner commits to buy the completed homes, while construction is financed separately until the scheme reaches practical completion.

Not an offer to invest

Nothing here is an offer or invitation to invest. Arrangements are agreed privately with professional partners, each taking its own advice.

Management in mind

Bin stores, parking, cycle storage, parcel rooms and plant are designed for efficient day-to-day management and low maintenance.

The Northern Irish system, as it applies in County Londonderry

In Northern Ireland, housing associations find sites and develop schemes under the Social Housing Development Programme, while the Housing Executive assesses housing need in areas such as County Londonderry. Councils' Local Development Plans can also require affordable homes on private developments, secured through a Section 76 planning agreement. Land to Homes can supply land, design and construction, or deliver completed homes for transfer to a registered housing association.

In Northern Ireland, rented homes are let under the Private Tenancies Order as amended by the Private Tenancies Act 2022, and private landlords must register with the Landlord Registration Scheme. Stamp Duty Land Tax applies, title is registered with Land & Property Services, and planning agreements are made under Section 76 with the council.

Key rules in County Londonderry
National planning policyStrategic Planning Policy Statement (SPPS, Edition 2), applied with retained Planning Policy Statements until each council adopts its Plan Strategy
Local planning documentLocal Development Plan (LDP), made up of a Plan Strategy and a Local Policies Plan
Who decides applicationsThe 11 district councils, with the Department for Infrastructure deciding regionally significant applications
In-principle consentOutline planning permission, with reserved matters approved later
Land transaction tax (paid by the buyer)Stamp Duty Land Tax (SDLT)
Land registrationLand & Property Services (Land Registry and Registry of Deeds)
How a sale becomes bindingA land sale becomes legally binding when contracts signed by both parties are exchanged and finishes on completion, with the title registered in the Land Registry at Land & Property Services.
Developer contributionsSection 76 planning agreements under the Planning Act (Northern Ireland) 2011 (there is no Community Infrastructure Levy)

Build to Rent Partnerships in County Londonderry: questions

What is build to rent?

Build to rent is housing designed and built specifically for renting, held in single ownership and professionally managed. It can take the form of apartment blocks or single-family houses. Homes are let directly by the owner or its operator rather than sold, and schemes often include on-site management and shared facilities for residents.

What is the difference between forward funding and forward purchase?

With forward funding, the partner buys the site and pays for construction in stages as the scheme is built. With forward purchase, the partner agrees to buy the finished homes on completion, while the developer arranges construction finance in the meantime. The structures share risk differently, so each party takes its own legal and tax advice.

Can registered providers take on build to rent homes?

Yes. Registered providers can acquire rental homes through forward purchase or package deals, including homes for social rent, affordable rent, mid-market rent or market rent, depending on the nation and their own objectives. We discuss schemes with providers and plan them around the provider's standards and funding conditions.

Is this an investment opportunity?

No. Nothing on this site is an offer or invitation to invest, and we do not take money from members of the public. Build to rent partnerships are agreed privately with institutions, registered providers and other professional parties, each relying on its own advisers and due diligence. We do not publish projected profits or performance figures.

Can we discuss a partnership in County Londonderry?

We are happy to talk about specific opportunities across County Londonderry, including Derry/Londonderry, Magherafelt and Limavady. Conversations are private and every arrangement is documented by each party’s own advisers. Nothing here is an invitation to invest.

Read more: Build to Rent Partnerships · Guide: Renting a new-build home: tenancy rules in England, Wales, Scotland and NI

Build to Rent Partnerships in neighbouring areas

Own land that could take new homes?

Start with a free, no-obligation site appraisal. On option and promotion agreements we fund the planning work and pay your reasonable legal fees.

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