Garden plot joint ventures in Redruth

Homes for land is a joint venture structure that can suit families in Redruth. 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
TR15, TR16
Noon sun, 21 March
About 40°
Shadow from a 5 m eaves line
About 6.0 m
Planning plan
Local Plan
County
Cornwall

How it plays out in Redruth

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 Redruth. 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 Redruth: about 40 degrees on 21 March and 16 degrees on 21 December21 m21 Mar, noon: sun 40°, shadow 6.0 m21 Dec, noon: sun 16°, shadow 17.1 mExistingNew home
This section is worked out for the latitude of Redruth: 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.

How we’d take it forward in Redruth

Once you’ve chosen a structure, we draft heads of terms setting out who funds what, your share or the home you receive, deadlines and protections. Your own solicitor reviews them and the development agreement that follows. Only then do we commission surveys and design, agree the key layout points with you, and submit the application to Cornwall Council.

  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. Heads of terms

    The key terms go in writing: who funds what, your share or the home you receive, how your land is protected, deadlines, open-book reporting and what happens if planning is refused or the build stalls.

  4. 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.

Worth checking early

  • Development lenders usually want security over the land, which your solicitor needs to fit around your own protections.
  • Your return isn’t fixed. It depends on build costs, sale prices and timing, unless you choose a structure with a fixed element.
  • A joint venture takes longer than any sale: planning, then building, then selling or handover.

Questions about garden plots in Redruth

Can I do a joint venture on my garden in Redruth 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.

Can my neighbours join a joint venture in Redruth?

Yes. Combining adjoining gardens can give a better layout and one shared access. Each owner keeps their house, has their own solicitor and signs up to a collaboration agreement setting out how the result is shared, including fair treatment for the garden that provides the access.

Who decides planning for a joint venture plot in Redruth?

Cornwall Council decides, using the council’s Local Plan and national policy in the NPPF. We prepare and fund the application and deal with the council’s questions, but no developer can promise the outcome. If planning is refused, you keep your land, and in the usual structure the planning costs stay with us.

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

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 Redruth

Garden plot joint venture near Redruth

Find out what your garden could become

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