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For landowners · Greater Manchester

Landowner Joint Ventures in Old Trafford

Can I enter a joint venture on land in Old Trafford?

If you own land in Old Trafford and want more than a land price, a joint venture lets you stay involved in what gets built. The structure might be a contract, a joint venture company or a partnership. Each has different implications for control, risk, tax and funding, so independent legal and tax advice is essential before you commit.

Aerial view of open farmland with hedgerows on the edge of a townOld Trafford · M16

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Land and sites near Old Trafford

About 3 miles south-west of Manchester, Old Trafford is part of our Greater Manchester coverage, centred on postcode district M16. The nearest other places we cover are Salford (2 miles), Eccles (3 miles) and Manchester (3 miles). Within England, Old Trafford falls in the North West region.

Around Old Trafford we look at large and long rear gardens, paddocks on the edge of Old Trafford and former garage blocks and yards. In England, where Old Trafford sits, planning decisions are made by the local planning authority, usually the district, borough, city or unitary council (or a national park authority).

Tell us where your land is around Old Trafford and we will explain the routes open to you.

How we work in Old Trafford

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.

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.

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.

Land value agreed first

Your land is valued at the outset so everyone knows what it contributes. That figure often sets an entitlement paid to you before any profit is shared, which is a key protection in most structures.

Planning in Old Trafford: the English rules

Land with no planning permission can still be sold. Around Old Trafford, the usual routes in England are a direct sale, an option agreement or a promotion agreement, where the planning work is funded for you and the land is sold once consent is granted. Outline planning permission settles the principle, with reserved matters approved later. Section 106 obligations, the Community Infrastructure Levy where charged and biodiversity net gain all affect what a site is worth, so independent advice matters.

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.

Key rules in Old Trafford
National planning policyNational Planning Policy Framework (NPPF), revised August 2026, with national planning practice guidance
In-principle consentOutline planning permission, with reserved matters approved later
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

Landowner Joint Ventures in Old Trafford: questions

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.

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.

What is a landowner joint venture?

It is an arrangement where a landowner and a developer pool what they have to deliver a development. The landowner usually contributes the land, and the developer contributes expertise, management and access to funding. Instead of a fixed price at the start, the landowner shares in the outcome once homes are sold or let, under agreed terms.

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.

Is Old Trafford an area you cover for land?

Yes, we cover land in Old Trafford and elsewhere in Greater Manchester, including Dukinfield, Ashton-in-Makerfield and Stalybridge. 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: Option agreement or promotion agreement: what is the difference?

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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