- Planning authority
- North West Leicestershire District Council
- Postcodes
- LE67
- Noon sun, 21 March
- About 37°
- Shadow from a 5 m eaves line
- About 6.6 m
- Planning plan
- Local Plan
- County
- Leicestershire
Before you decide in Coalville
Homes in LE67, like homes anywhere, may have neighbours weighing up the same choice about their gardens. If the plot next door could join yours, a joint venture on the combined land may give a better scheme, with one shared access and more space between old and new homes.
Each owner would keep their house and have their own solicitor, and the agreement would set out each person’s share. Where only a single garden is involved, we design for that plot and its neighbours alone, and North West Leicestershire District Council judges it on its own merits.
What happens next in Coalville
A joint venture in Coalville 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.
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.
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.
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.
- You’ll live next to a building site, and the new home’s design affects your own house and garden.
- Your return isn’t fixed. It depends on build costs, sale prices and timing, unless you choose a structure with a fixed element.
Questions about garden plots in Coalville
Who decides planning for a joint venture plot in Coalville?
North West Leicestershire District 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.
What if the build on my Coalville 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 do a joint venture on my garden in Coalville 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.
Will a joint venture in Coalville 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 Coalville
- Planning permission for a garden plot
- Sell subject to planning
- Build a new home in your garden
- Plot feasibility and design
- Combine gardens with your neighbours
- Garage courts and yards