Funding and Investment Partners in Limavady
If you lend to or invest in residential development and are interested in sites in Limavady, Land to Homes is open to a conversation. We discuss funding with development lenders, institutional partners and landowners considering a joint venture. Any arrangement is agreed privately, with each party taking its own legal, tax and financial advice. This page is not an offer.
Limavady · BT49Start a conversation
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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
Partnerships around Limavady
In County Londonderry, Limavady lies about 15 miles east of Derry/Londonderry; its central postcode district is BT49. Coleraine is the closest neighbouring place we cover, at about 13 miles, followed by Derry/Londonderry and Magherafelt.
Partnerships we can discuss around Limavady include council land brought forward for homes, design and build for a registered provider and forward-funded build to rent. As Limavady 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 Limavady, we are happy to talk privately.
Our approach in Limavady
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.
Equity partners
Institutional partners can discuss forward funding or forward purchase of specific schemes, agreed privately and documented by each party's own advisers.
Planning in Limavady: the Northern Irish rules
Social homes in Limavady are built mainly by registered housing associations through the Social Housing Development Programme. The Department for Communities funds the programme and the Northern Ireland Housing Executive manages it, assessing need and drawing up a rolling three-year plan. Housing associations are regulated by the Department for Communities. Land to Homes can bring forward land and build homes for housing association partners.
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.
| National planning policy | Strategic Planning Policy Statement (SPPS, Edition 2), applied with retained Planning Policy Statements until each council adopts its Plan Strategy |
|---|---|
| In-principle consent | Outline planning permission, with reserved matters approved later |
| 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. |
| Developer contributions | Section 76 planning agreements under the Planning Act (Northern Ireland) 2011 (there is no Community Infrastructure Levy) |
Common questions in Limavady
What is forward funding?
Forward funding is where an investor, often an institution, buys a site and funds the construction of homes on it, taking ownership of the completed scheme. The developer builds the homes under a development agreement. It is used in build to rent and some affordable housing schemes. The legal and tax structure needs specialist advice for each party.
Can I invest in Land to Homes?
Nothing on this site is an offer or invitation to invest, and we do not take investment, loans or deposits from members of the public. We discuss funding privately with development lenders and institutional partners on specific schemes. If you are a professional party with an interest in residential development, you can contact us to start a conversation.
How can a landowner co-invest in a development?
Instead of selling outright, a landowner can put land into a joint venture with a developer, agreeing how costs, decisions and proceeds are shared. This can suit landowners who want a longer-term involvement. It carries more risk than a sale, so independent legal, tax and financial advice is essential before agreeing any 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.
Do you work with partners on schemes in Limavady?
Yes. We discuss schemes in Limavady and elsewhere in County Londonderry, including Coleraine, Derry/Londonderry and Magherafelt privately with professional partners. Nothing on this website is an offer or invitation to invest.
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