Garden plot joint ventures in Portsmouth

If you own a garden plot in Portsmouth and aren’t in a hurry, a joint venture can give you a share of what is built rather than one figure for the land. In the usual structure we fund and manage everything from the measured survey to handover, using our own money and often development finance.

That finance is why security matters. Your solicitor will advise on how your land is protected, which might mean it stays in your name until homes are sold, or a legal charge in your favour if it transfers earlier. Tax also needs advice before you sign.

Modern new home with timber cladding at the end of a long garden at dusk, lights on inside
Planning authority
Portsmouth City Council
Postcodes
PO1, PO2, PO3, PO4, PO5
Noon sun, 21 March
About 39°
Shadow from a 5 m eaves line
About 6.1 m
Planning plan
Local Plan
County
Hampshire

Portsmouth: light, access and policy

As the neighbour, you’ll live with the new home’s shadow. Picture the spring equinox in Portsmouth: at midday the sun climbs to about 39°, and a new home with 5 m eaves shades roughly 6.1 m of ground behind it. Near the winter solstice, with the sun at around 16°, that shade stretches much further.

In a joint venture you approve the layout before the application goes in, so we can show you where the shadow will fall on your garden at different times of year. Keeping the eaves low or setting the home further back can make a real difference.

Section showing noon sun and shadows in Portsmouth: about 39 degrees on 21 March and 16 degrees on 21 December21 m21 Mar, noon: sun 39°, shadow 6.1 m21 Dec, noon: sun 16°, shadow 17.7 mExistingNew home
This section is worked out for the latitude of Portsmouth: around 39° 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 Portsmouth

A joint venture in Portsmouth 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. 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. 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

  • Development lenders usually want security over the land, which your solicitor needs to fit around your own protections.
  • Tax can differ from a simple sale of garden land, so take advice from a tax adviser before you sign.
  • Your return isn’t fixed. It depends on build costs, sale prices and timing, unless you choose a structure with a fixed element.

Portsmouth: questions to ask

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

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 Portsmouth?

Portsmouth 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 Portsmouth 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 Portsmouth 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.

Other options in Portsmouth

Garden plot joint venture near Portsmouth

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