- Planning authority
- Rushmoor Borough Council
- Postcodes
- GU11, GU14
- Noon sun, 21 March
- About 39°
- Shadow from a 5 m eaves line
- About 6.2 m
- Planning plan
- Local Plan
- County
- Hampshire
The local picture in Farnborough
A finished home in a joint venture is sold, or handed back to you, into a local market that includes Farnborough and places such as Camberley, Aldershot and Fleet. 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 Rushmoor Borough Council is likely to view the size of home proposed.
How we’d take it forward in Farnborough
A joint venture in Farnborough 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.
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.
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.
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.
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.
Worth checking early
- 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.
- Tax can differ from a simple sale of garden land, so take advice from a tax adviser before you sign.
Questions about garden plots in Farnborough
Can I do a joint venture on my garden in Farnborough 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 Farnborough?
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.
Will a joint venture in Farnborough 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.
How long does a garden joint venture in Farnborough usually take?
Longer than a sale, because planning, building and selling all happen before you receive your share. The council’s decision time, the build programme and the market drive the timing. We give you a realistic range for each stage after the appraisal rather than a single promised date.
Other options in Farnborough
- Planning permission for a garden plot
- Build a new home in your garden
- Planning promotion for your garden plot
- Garden plot option agreement
- Build a home for family in your garden
- Garage courts and yards