Funding and Investment Partners in Coleraine

Partnerships around Coleraine

Coleraine sits about 27 miles east of Derry/Londonderry in County Londonderry, in the BT52 postcode district. Close by, our coverage also takes in Limavady, Ballymena and Magherafelt.

Partnerships we can discuss around Coleraine include Section 106 affordable homes, social rent homes and joint ventures with landowners. As Coleraine is in Northern Ireland, applications are judged against the Strategic Planning Policy Statement, and the buyer of land pays Stamp Duty Land Tax (SDLT).

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

What we offer in Coleraine

Landowner co-investment

A landowner can keep an interest in their land through a joint venture rather than selling outright, with the terms set out in a written agreement.

Advice from your own advisers

We do not give legal, tax or financial advice. Every party should take independent advice before entering into any agreement with us.

Forward funding and purchase

For build to rent and affordable homes, we discuss forward funding and forward purchase structures with institutional and registered provider partners.

Part of the S&K Group

Land to Homes is part of the S&K Group, a Birmingham-based construction and property group whose businesses include glazing, building supplies and property improvement.

How the rules work in Coleraine

Countryside planning policy in Northern Ireland is generally restrictive, so land inside or next to the settlement development limits around Coleraine is usually the strongest prospect for new homes. Outline planning permission can establish the principle, with reserved matters approved later. A promotion agreement lets us fund that planning work, with our costs recovered from the sale proceeds only if the land sells with planning. Your reasonable legal fees are covered too, agreed in the heads of terms.

In Northern Ireland, Stamp Duty Land Tax applies, and title and charges are registered with Land & Property Services. Planning agreements are made under Section 76, and most applications are decided by the 11 district councils. Northern Ireland property law and procedure differ from the rest of the UK, so partners need local legal advice.

Key rules in Coleraine
National planning policy	Strategic Planning Policy Statement (SPPS, Edition 2), applied with retained Planning Policy Statements until each council adopts its Plan Strategy
Local planning document	Local Development Plan (LDP), made up of a Plan Strategy and a Local Policies Plan
Land registration	Land & Property Services (Land Registry and Registry of Deeds)
How a sale becomes binding	A 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.

Common questions in Coleraine

How is forward purchase different from forward funding?

With forward funding, the investor pays for the land and construction as the scheme is built. With forward purchase, the investor commits to buy the completed homes, but the developer arranges construction finance in the meantime. The choice affects risk, cost and timing for both parties, so each takes its own advice before agreeing terms.

What types of funding do residential developments use?

Typically a mix of senior development debt, sometimes mezzanine debt, and equity from the developer and its partners. Build to rent and affordable homes may use forward funding or forward purchase by an institution or registered provider. Landowners can also contribute land through a joint venture. The right structure depends on the scheme, and each party takes independent advice.

Is anything on this site regulated investment advice?

No. Land to Homes does not give investment, financial, tax or legal advice, and nothing on this site is an offer, invitation or recommendation to invest. Funding discussions take place privately with lenders and professional parties, who rely on their own advisers and due diligence. If you are unsure about any investment, speak to an independent regulated adviser.

What information do funding partners usually review?

Partners usually review the site title, the planning position, the scheme appraisal, the build programme, the construction approach, the plan for selling or letting the homes and the developer's background. Each carries out its own due diligence, often with valuers, monitoring surveyors and solicitors. We share site-specific information under confidentiality where appropriate.

Do you work with partners on schemes in Coleraine?

Yes. We discuss schemes in Coleraine and elsewhere in County Londonderry, including Limavady, Derry/Londonderry and Magherafelt privately with professional partners. Nothing on this website is an offer or invitation to invest.