Garden plot joint ventures in Plymouth

A joint venture is one way to develop a garden plot in Plymouth without selling it outright or paying for a build yourself. You put in the land behind or beside your house, and we fund and manage the design, planning application and construction. In return you share in the result, as an agreed share of the sale proceeds or a finished home handed back to you.

You keep your house throughout. Before anything is signed, your own solicitor reviews the heads of terms and advises on the protection that suits you, such as the land staying in your name until an agreed stage.

Modern new home with timber cladding at the end of a long garden at dusk, lights on inside
Planning authority
Plymouth City Council
Postcodes
PL1, PL2, PL3, PL4, PL5
Noon sun, 21 March
About 40°
Shadow from a 5 m eaves line
About 6.0 m
Planning plan
Local Plan
County
Devon

The local picture in Plymouth

A finished home in a joint venture is sold, or handed back to you, into a local market that includes Plymouth and places such as Saltash, Tavistock and Paignton. Who might buy or rent it shapes the design: the number of bedrooms, parking and garden size all affect what it’s worth and how quickly it sells.

We talk that through with you before the design is fixed. Value depends on location, size, access, the permission and the finish, so we won’t quote figures before an appraisal, but we will explain what drives them and how Plymouth City Council is likely to view the size of home proposed.

Section showing noon sun and shadows in Plymouth: 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 17.2 mExistingNew home
Noon sun in Plymouth on 21 March sits about 40° above the horizon, so a typical two-storey eaves line (about 5 m) throws a shadow of roughly 6.0 m. In December the sun is only about 16° up and shadows stretch much further. Drawn for a garden facing north, where it matters most.

How we’d take it forward in Plymouth

A joint venture in Plymouth moves through clear stages: appraisal, structure, heads of terms, development agreement, planning, build, then sale or handover. You receive progress and cost reports at agreed points. Timing depends on the council, the build and the market, so we give realistic ranges with each stage rather than fixed dates, and update them as things move.

  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. 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.

  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

  • A joint venture takes longer than any sale: planning, then building, then selling or handover.
  • Tax can differ from a simple sale of garden land, so take advice from a tax adviser before you sign.
  • You’ll live next to a building site, and the new home’s design affects your own house and garden.

Questions about garden plots in Plymouth

Can I do a joint venture on my garden in Plymouth 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 I take a new home back instead of cash in Plymouth?

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.

Who decides planning for a joint venture plot in Plymouth?

Plymouth City 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.

Will a joint venture in Plymouth 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.

Other options in Plymouth

Garden plot joint venture near Plymouth

Find out what your garden could become

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