Funding and Investment Partners in Magherafelt
Funding partners in Magherafelt are the lenders, institutional partners and landowners who provide the capital to buy land and build new homes. Land to Homes talks to development lenders and professional partners about specific sites and structures. Nothing on this site is an offer or invitation to invest, and we do not take deposits or money from the public.
Magherafelt · BT45Start a conversation
Tell us about your organisation or opportunity and we will call you back.
Prefer to talk? Call 0800 088 6248.
- 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 Magherafelt
We cover Magherafelt as part of County Londonderry. It is about 33 miles south-east of Derry/Londonderry, around postcode district BT45. Nearby, we also cover Cookstown, Ballymena and Antrim, all within 16 miles.
Partnerships we can discuss around Magherafelt include land-led schemes with a housing partner, joint ventures with landowners and council land brought forward for homes. Planning in Magherafelt follows Northern Ireland’s rules: the Strategic Planning Policy Statement sets national policy and the council’s Local Development Plan sets local policy.
If you are considering a partnership around Magherafelt, we are happy to talk privately.
How we work in Magherafelt
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.
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.
Equity partners
Institutional partners can discuss forward funding or forward purchase of specific schemes, agreed privately and documented by each party's own advisers.
Rules that apply in Magherafelt
Affordable housing delivery in Magherafelt involves three main players: the Department for Communities, which funds the programme and regulates housing associations; the Northern Ireland Housing Executive, which assesses need and manages the Social Housing Development Programme; and registered housing associations, which build and manage the homes. Co-Ownership provides shared ownership. Land to Homes can work alongside them by bringing forward land and building new homes.
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.
| Local planning document | Local Development Plan (LDP), made up of a Plan Strategy and a Local Policies Plan |
|---|---|
| Who decides applications | The 11 district councils, with the Department for Infrastructure deciding regionally significant applications |
| In-principle consent | Outline planning permission, with reserved matters approved later |
| Land registration | Land & Property Services (Land Registry and Registry of Deeds) |
Funding and Investment Partners in Magherafelt: questions
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.
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 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 we discuss a partnership in Magherafelt?
We are happy to talk about specific opportunities in Magherafelt and elsewhere in County Londonderry, including Coleraine, Limavady and Derry/Londonderry. Conversations are private and every arrangement is documented by each party’s own advisers. Nothing here is an invitation to invest.
Read more: Funding and Investment Partners · Guide: Overage and clawback: how they work when you sell land