Landowner Joint Ventures in Haverfordwest
A landowner joint venture in Haverfordwest 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.
Haverfordwest · SA61Free 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 Haverfordwest
Haverfordwest sits about 35 miles west of Llanelli in Dyfed, in the SA61 postcode district. Close by, our coverage also takes in Carmarthen, Llanelli and Gorseinon.
Around Haverfordwest we look at backland plots with a workable access, large and long rear gardens and corner plots and side gardens. Because Haverfordwest is in Wales, land titles are registered with HM Land Registry and transfers attract Land Transaction Tax (LTT).
Tell us where your land is around Haverfordwest and we will explain the routes open to you.
How we work in Haverfordwest
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.
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.
Sale or rent agreed together
Homes can be built for sale, for rent, or as affordable housing with a council or housing association. The mix affects risk and when money comes back, so it is agreed before work starts.
The Welsh system, as it applies in Haverfordwest
Permission in Principle is not available in Wales, so the usual first step for land near Haverfordwest 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.
| In-principle consent | Outline planning permission, with reserved matters approved later |
|---|---|
| Land transaction tax (paid by the buyer) | Land Transaction Tax (LTT) |
| Land registration | HM Land Registry |
| Developer contributions | Section 106 planning obligations, plus the Community Infrastructure Levy (CIL) where the council has adopted it |
Questions about Landowner Joint Ventures in Haverfordwest
Can a joint venture include affordable or rental homes?
Yes. A scheme can combine homes for sale, homes for rent and affordable or social homes delivered with a council or housing association. The mix changes the cash flow and when money is paid out, so it should be agreed between the parties before the planning application is submitted.
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.
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.
Do you work with landowners in Haverfordwest?
We do. We work with landowners in Haverfordwest and elsewhere in Dyfed, including Ammanford, Aberystwyth and Carmarthen. Send us a postcode and we will start with a free, no-obligation appraisal of what the land could take.
Read more: Landowner Joint Ventures · Guide: Option agreement or promotion agreement: what is the difference?