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Funders and partners · Greater Manchester

Funding and Investment Partners in Failsworth

How do funding partners work with us in Failsworth?

Land to Homes brings forward land and new homes in Failsworth and across the UK, and some schemes need outside funding. That might be development debt from a lender, forward funding from an institutional partner, or a landowner keeping a stake through a joint venture. We discuss funding privately, and nothing here is an invitation to invest or regulated investment advice.

Landowner and site manager shaking hands at the entrance to a housing site under constructionFailsworth · M35

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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 Failsworth

In Greater Manchester, Failsworth lies about 3 miles north-east of Manchester; its central postcode district is M35. Nearby, we also cover Droylsden, Ashton-under-Lyne and Chadderton, all within 3 miles. Within England, Failsworth falls in the North West region.

Typical partnership structures for Failsworth: joint ventures with landowners, forward-funded build to rent and social rent homes. Because Failsworth is in England, land titles are registered with HM Land Registry and transfers attract Stamp Duty Land Tax (SDLT).

To discuss a scheme near Failsworth, call us or send a short note about the opportunity.

How we work in Failsworth

Development lenders

We discuss senior and mezzanine development finance with lenders on a site-by-site basis, with security and terms agreed through each party's solicitors.

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.

Not an offer to invest

Nothing on this site is an offer or invitation to invest, and nothing here is regulated investment advice, a recommendation or a solicitation.

Rules that apply in Failsworth

Whether a field or large garden could take homes depends mostly on the council's Local Plan and national policy. Under the National Planning Policy Framework, plans define settlement boundaries, and land just outside Failsworth may still come forward if it is allocated, previously developed or meets evidenced unmet housing need. Smaller housing schemes can also use Permission in Principle, an England-only route that settles location, use and amount first. Our free appraisal explains which route suits your land.

In England, land purchases usually attract Stamp Duty Land Tax, and lenders take a legal charge registered at HM Land Registry. Scheme appraisals must allow for Section 106 obligations, the Community Infrastructure Levy where charged, and biodiversity net gain. Homes England is the government's housing and regeneration agency and runs public funding programmes for housing.

Key rules in Failsworth
Local planning documentLocal Plan
Who decides applicationsThe local planning authority, usually the district, borough, city or unitary council (or a national park authority)
How a sale becomes bindingA land sale becomes legally binding on exchange of contracts and finishes on completion, after which the buyer registers the title with HM Land Registry.
Developer contributionsSection 106 planning obligations, plus the Community Infrastructure Levy (CIL) where the council charges it

Funding and Investment Partners in Failsworth: questions

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.

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 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.

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 Failsworth?

We are happy to talk about specific opportunities in Failsworth and elsewhere in Greater Manchester, including Middleton, Swinton and Oldham. 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: Green Belt and grey belt land explained

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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