Landowner Joint Ventures in Redruth
A landowner joint venture in Redruth is a deal where you contribute the land and Land to Homes brings planning, design, construction and project management. Instead of a one-off price, you share in the outcome once the homes are sold or let, under terms agreed in writing before work begins. It carries more risk than a straight sale.
Redruth · TR15Free 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
Land and sites near Redruth
Redruth (TR15) is one of the Cornwall towns we cover, about 8 miles west of Truro. If your land sits between towns, Camborne, Truro and Falmouth are the closest neighbouring places on our list. Within England, Redruth falls in the South West region.
In and around Redruth, the land we appraise ranges from backland plots with a workable access to small holdings and pony paddocks, including large and long rear gardens. As Redruth is in England, applications are judged against the National Planning Policy Framework, and the buyer of land pays Stamp Duty Land Tax (SDLT).
If you own land near Redruth, the first step is a free, no-obligation appraisal.
How we work in Redruth
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.
Choice of structure
A joint venture can be purely contractual, a joint venture company or a limited liability partnership. Each handles control, liability, tax and exit differently, and your own advisers should help you choose.
Clear exit routes
The agreement should cover what happens on completion, if one party wants to leave, or if planning is refused. Clear exit terms protect both sides from being locked into a project that no longer works.
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.
Planning and land rules in Redruth
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 Redruth 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, a joint venture scheme still has to meet the Local Plan, the NPPF and, where it applies, biodiversity net gain. Affordable housing is usually secured through a Section 106 agreement, which affects cash flow. If land is transferred into a joint venture company, Stamp Duty Land Tax can arise, and the transfer is registered at HM Land Registry.
| National planning policy | National Planning Policy Framework (NPPF), revised August 2026, with national planning practice guidance |
|---|---|
| Land transaction tax (paid by the buyer) | Stamp Duty Land Tax (SDLT) |
| Land registration | HM Land Registry |
| Developer contributions | Section 106 planning obligations, plus the Community Infrastructure Levy (CIL) where the council charges it |
Questions about Landowner Joint Ventures in Redruth
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.
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.
How is the land valued in a joint venture?
Usually by agreement or independent valuation at the start, based on its value with or without planning. That figure may give you a first call on proceeds before any profit is shared. The method matters a great deal, so agree it in writing and consider taking advice from your own surveyor.
Is a joint venture riskier than selling my land?
Usually, yes. A sale gives you a known figure. In a joint venture, what you receive depends on build costs, sales values, funding and timing, all of which can change. If the market falls or costs rise, your share could be less than a straight sale would have achieved, which is why advice before committing matters.
Do you buy land in Redruth?
Yes. Land to Homes looks at land in Redruth and elsewhere in Cornwall, including Helston, St Austell and Camborne. Every enquiry starts with a free site appraisal, and on option and promotion agreements we pay your reasonable legal fees.
Read more: Landowner Joint Ventures · Guide: Landowner joint ventures explained: sharing in the development