Garden plot joint ventures in Bodmin

Homes for land is a joint venture structure that can suit families in Bodmin. You provide the garden plot, we design, seek planning for and build the new homes, and one finished home comes back to you, perhaps for a parent, a grown-up child or to let.

If you’d rather have cash, a share of the sale proceeds is the other common structure. Whichever you choose, the deal is written into a development agreement with long-stop dates, open-book reporting and security for your land, all checked by your own solicitor. Tax can differ between the two, so take advice from a tax adviser as well.

Modern new home with timber cladding at the end of a long garden at dusk, lights on inside
Planning authority
Cornwall Council
Postcodes
PL31
Noon sun, 21 March
About 40°
Shadow from a 5 m eaves line
About 6.1 m
Planning plan
Local Plan
County
Cornwall

Bodmin: light, access and policy

With the sun at about 16° at noon on 21 December, and around 40° in late March, low winter light is a real concern for gardens in Bodmin. A new home that sits too close or too tall can leave your garden or the one next door in shade for much of the year.

Cornwall Council will test this, often against separation distances in its design guidance. Many councils use around 21 metres between facing back windows, though your council’s own guide decides. In a joint venture you see the shading studies before we apply.

Section showing noon sun and shadows in Bodmin: about 40 degrees on 21 March and 16 degrees on 21 December21 m21 Mar, noon: sun 40°, shadow 6.1 m21 Dec, noon: sun 16°, shadow 17.3 mExistingNew home
This section is worked out for the latitude of Bodmin: around 40° of sun at midday in late March and about 16° at midwinter. It shows why the gap between your house and a new home behind it is about light as well as privacy. Garden assumed to face north.

What happens next in Bodmin

Before any agreement for a Bodmin garden, we recommend three conversations: one with us about the scheme and structure, one with your own solicitor about security for your land and your exit rights, and one with a tax adviser about how the deal affects you. Then decide in your own time, with no obligation from the appraisal.

  1. Free plot appraisal

    We look at your title plan, access, neighbouring homes and the council’s planning policies, then talk through what might be built and whether a joint venture or a simpler sale suits you better.

  2. Choose the structure

    We explain the options side by side: a share of sale proceeds, a share of profit, a home back for your land, or a land payment plus a share. You choose what fits your plans and appetite for risk.

  3. Development agreement

    Your own solicitor and ours turn the heads of terms into a binding agreement. Your solicitor advises on the security that fits, such as the land staying in your name until a set stage or a legal charge.

  4. Sale or handover

    The new homes are sold and the proceeds are split as agreed through the solicitors, or your new home is handed over with its warranty, title and certificates in place.

Worth checking early

  • We’re a new brand within the S&K Group, so ask for open-book reporting and check every protection in writing.
  • A joint venture takes longer than any sale: planning, then building, then selling or handover.
  • Your return isn’t fixed. It depends on build costs, sale prices and timing, unless you choose a structure with a fixed element.

Bodmin: questions to ask

Will a joint venture in Bodmin affect my tax?

It may. Sharing in the development and sale of new homes can be taxed differently from a simple sale of garden land, and Stamp Duty Land Tax (SDLT) or VAT may arise depending on the structure. Take advice from a tax adviser on your own position before you commit.

Can I do a joint venture on my garden in Bodmin without paying anything?

In the usual structure, yes. You contribute the land, and we fund design, planning, construction and sale. You may still have your own costs, such as tax or your mortgage lender’s charges, so ask your solicitor and tax adviser to go through them before you sign.

Does my land stay in my name during a joint venture in Bodmin?

It can. One option keeps the land in your name until an agreed stage, with us building under a licence. Another transfers it earlier with a legal charge in your favour. Your solicitor advises which suits you, bearing in mind that a lender funding the build will want security too.

Can I take a new home back instead of cash in Bodmin?

Yes, if the plot can support it. Under a homes-for-land joint venture, one of the finished homes on your plot, or the only one, is transferred to you with its own title and paperwork. The agreement fixes the specification and the timetable.

Other options in Bodmin

Garden plot joint venture near Bodmin

Find out what your garden could become

Free garden plot appraisal. No cost, no obligation, and a straight answer if it won’t work.