Landowner Joint Ventures in Salisbury
If you own land in Salisbury 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.
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- Nothing to pay upfrontOn promotion: we fund planning
- Direct purchaseSuitable sites, with or without planning
- UK-wideEngland, Wales, Scotland and NI
Our coverage in Salisbury
We cover Salisbury as part of Wiltshire. It is about 34 miles south of Swindon, around postcode district SP1. The nearest other places we cover are Andover (16 miles), Totton (17 miles) and Southampton (20 miles). Within England, Salisbury falls in the South West region.
Sites worth a conversation around Salisbury: land that already has planning permission, small holdings and pony paddocks and infill gaps along existing streets. Because Salisbury is in England, land titles are registered with HM Land Registry and transfers attract Stamp Duty Land Tax (SDLT).
If you own land near Salisbury, the first step is a free, no-obligation appraisal.
How we work in Salisbury
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.
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.
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.
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.
Planning and land rules in Salisbury
In England, most planning applications for new homes in Salisbury are decided by the local planning authority, usually the council, using its Local Plan and the National Planning Policy Framework. Many landowners sell without planning, either outright or through an option or promotion agreement that funds the application first. Land to Homes offers a free site appraisal, pays your reasonable legal fees on option and promotion agreements, and can buy suitable sites directly, subject to survey, title and contract.
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.
| Local planning document | Local Plan |
|---|---|
| Who decides applications | The local planning authority, usually the district, borough, city or unitary council (or a national park authority) |
| 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 Salisbury
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.
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.
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.
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 buy land in Salisbury?
Yes. Land to Homes looks at land in Salisbury and elsewhere in Wiltshire, including Trowbridge, Swindon and Chippenham. 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