Garden plot joint ventures in Barnstaple

The question to ask about a joint venture in Barnstaple is who carries each risk. You carry time and market risk: the scheme takes longer than a sale, and what you receive depends on sale prices and, in some structures, build costs.

We carry the spending risk: planning costs that are lost if North Devon Council refuses, and build costs paid out long before any home is sold. The development agreement fixes those positions in advance, so both sides know where they stand if planning, the build or the market doesn’t go to plan, and neither has to argue it out later.

Modern new home with timber cladding at the end of a long garden at dusk, lights on inside
Planning authority
North Devon Council
Postcodes
EX31
Noon sun, 21 March
About 39°
Shadow from a 5 m eaves line
About 6.2 m
Planning plan
Local Plan
County
Devon

What the council will look at in Barnstaple

With the sun at about 15° at noon on 21 December, and around 39° in late March, low winter light is a real concern for gardens in Barnstaple. 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.

North Devon 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 Barnstaple: about 39 degrees on 21 March and 15 degrees on 21 December21 m21 Mar, noon: sun 39°, shadow 6.2 m21 Dec, noon: sun 15°, shadow 18.1 mExistingNew home
This section is worked out for the latitude of Barnstaple: around 39° of sun at midday in late March and about 15° 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 Barnstaple

Getting started in Barnstaple is straightforward. Tell us your address and roughly where the garden runs, and we check your title, access and the planning position from the desk, free of charge. If a joint venture looks realistic, we visit, then explain the structures side by side so you can choose before heads of terms are drafted.

  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. Planning and build

    We fund and manage the planning application, Building Regulations approval and construction, reporting costs and progress to you at agreed points. The council decides the application, and building control checks the work.

  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

  • 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.
  • You’ll live next to a building site, and the new home’s design affects your own house and garden.

Your questions, answered for Barnstaple

Will a joint venture in Barnstaple 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.

What if the build on my Barnstaple plot runs late?

The development agreement should set long-stop dates and say which delays are acceptable, such as severe weather, and which aren’t. If a deadline passes without good reason, you should be able to end the agreement. Your solicitor will check your land and share are protected if that happens.

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

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.

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

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.

Other options in Barnstaple

Garden plot joint venture near Barnstaple

Find out what your garden could become

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