Landowner Joint Ventures in Deeside
Joint ventures in Deeside suit landowners who can wait for their money and are comfortable with uncertainty. Your land becomes part of a development, with Land to Homes, part of the S&K Group, running planning and construction. How costs, profit, decisions and any lender's security over the land are handled is all set out in the agreement.
Deeside · CH5Free site appraisal
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- Free site appraisalNo cost, no obligation
- Legal fees coveredReasonable fees, on options and promotion
- Nothing to pay upfrontOn promotion: we fund planning
- Direct purchaseSuitable sites, with or without planning
- UK-wideEngland, Wales, Scotland and NI
Our coverage in Deeside
About 11 miles north of Wrexham, Deeside is part of our Clwyd coverage, centred on postcode district CH5. Nearby, we also cover Hawarden, Buckley and Flint, all within 5 miles.
Sites worth a conversation around Deeside: fields put forward or allocated in the local plan, infill gaps along existing streets and redundant agricultural buildings. Because Deeside is in Wales, land titles are registered with HM Land Registry and transfers attract Land Transaction Tax (LTT).
Send us a postcode in or near CH5 and we will start with a free desktop appraisal.
How we work in Deeside
Advice before commitment
Joint ventures carry real commercial risk. We always recommend independent legal, tax and valuation advice, and we will say plainly if a straight sale or an option looks like a better fit for you.
Funding and lender security
Development lenders usually want a first charge over the land. If your land is charged, you need to understand what happens if the project runs into difficulty and what protection the agreement gives you.
Construction within the group
As part of the S&K Group, a construction and property group, Land to Homes plans schemes around homes it can build, keeping design, cost control and delivery closely connected.
Decisions and deadlock
The agreement should say who decides on design, pricing, contractors and programme, which matters need both parties' consent, and how any disagreement is resolved without stalling the project.
The Welsh system, as it applies in Deeside
Permission in Principle is not available in Wales, so the usual first step for land near Deeside is an outline planning application, with reserved matters to follow, or a full application. Councils allocate housing sites through their Local Development Plan, and landowners can put land forward as a candidate site when a plan is prepared or reviewed. If your land is not allocated, an option or promotion agreement lets a partner take on the cost of promoting it.
In Wales, a joint venture scheme must work within the Local Development Plan and Planning Policy Wales, and most schemes need SuDS approving body approval before construction. Affordable homes delivered with housing associations may need to meet Welsh Government design standards. Moving land into a company can attract Land Transaction Tax, collected by the Welsh Revenue Authority.
| Local planning document | Local Development Plan (LDP) |
|---|---|
| Who decides applications | The local planning authority, usually the county or county borough council (or a national park authority) |
| In-principle consent | Outline planning permission, with reserved matters approved later |
| Land registration | HM Land Registry |
Landowner Joint Ventures in Deeside: questions
What happens if the joint venture does not get planning?
The agreement should say. Common approaches include ending the venture with each party bearing its own costs, or allowing a revised application within a set period. Make sure you know whether any planning costs could ever be charged to you, and in what circumstances, before you sign.
Will a lender take a charge over my land in a joint venture?
Often, yes. Development lenders normally require security, and the land is the main asset. If your land is charged and the project fails, the lender may be able to sell it. Some structures delay transferring or charging the land, so take legal advice on how your interest is protected.
Do I have to put money into a joint venture?
Not always. In many landowner joint ventures the land is the landowner's whole contribution, while the developer arranges the rest of the funding. Some structures ask both parties to contribute cash. The agreement should state clearly whether any further contribution could ever be required from you, and in what circumstances.
How is a property joint venture taxed?
It depends on the structure and your circumstances. Taking part in development can change how your proceeds are taxed, for example as income rather than a capital gain, and moving land into a company can trigger stamp duty or its equivalent in your nation. Speak to an accountant before agreeing any structure.
Is Deeside an area you cover for land?
Yes, we cover land in Deeside and elsewhere in Clwyd, including Rhyl, Rhosllannerchrugog and Colwyn Bay. Where a site suits us we can buy it directly, or set up an option or promotion agreement. On promotion there is nothing to pay upfront.
Read more: Landowner Joint Ventures · Guide: Landowner joint ventures explained: sharing in the development