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For landowners · Greater Manchester

Landowner Joint Ventures in Stockport

Can I enter a joint venture on land in Stockport?

Joint ventures in Stockport 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.

Grass field bordered by a hedgerow, with the backs of a housing estate along one sideStockport · SK1

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  • Nothing to pay upfrontOn promotion: we fund planning
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Land and sites near Stockport

We cover Stockport as part of Greater Manchester. It is about 6 miles south-east of Manchester, around postcode district SK1. The nearest other places we cover are Hazel Grove (2 miles), Cheadle Hulme (3 miles) and Denton (4 miles). Stockport is in the North West region of England. From our Birmingham head office in Great Barr, Stockport is about 59 miles away.

Typical sites we review near Stockport include corner plots and side gardens, brownfield land in and around Stockport and large and long rear gardens. Because Stockport is in England, land titles are registered with HM Land Registry and transfers attract Stamp Duty Land Tax (SDLT).

If you own land near Stockport, the first step is a free, no-obligation appraisal.

What you get in Stockport

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.

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.

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.

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 English system, as it applies in Stockport

If your land near Stockport lies in the Green Belt, national policy still protects it, but England's planning framework now recognises grey belt: Green Belt land that is previously developed or does not strongly contribute to certain Green Belt purposes. Where there is evidenced unmet need and the location is sustainable, grey belt housing can be acceptable, with major schemes meeting the Golden Rules on affordable housing, infrastructure and green space. Planning is never guaranteed, so we check policy, access and constraints first.

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 Stockport
Who decides applicationsThe local planning authority, usually the district, borough, city or unitary council (or a national park authority)
In-principle consentOutline planning permission, with reserved matters approved later
Land registrationHM Land Registry
Developer contributionsSection 106 planning obligations, plus the Community Infrastructure Levy (CIL) where the council charges it

Common questions in Stockport

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 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 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.

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 you work with landowners in Stockport?

We do. We work with landowners in Stockport and elsewhere in Greater Manchester, including Swinton, Farnworth and Westhoughton. 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?

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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