Backland Development
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Garden plot joint ventures in Earl Shilton

The question to ask about a joint venture in Earl Shilton 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 Hinckley and Bosworth Borough 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.

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Modern new home with timber cladding at the end of a long garden at dusk, lights on inside
Planning authority
Hinckley and Bosworth Borough Council
Postcodes
LE9
Noon sun, 21 March
About 37°
Shadow from a 5 m eaves line
About 6.5 m
Planning plan
Local Plan
County
Leicestershire

How it plays out in Earl Shilton

Getting into the plot often decides whether a joint venture in Earl Shilton is worth doing. Hinckley and Bosworth Borough Council will look at the width of the drive past your house, visibility where it meets the road, and the effect of passing cars on the homes either side, including yours.

Bins and emergency access count too, because the build has to allow for fire engine access (or other measures, often sprinklers, agreed with building control and the fire service where a fire engine can’t get close enough). If a narrow drive means extra cost or a weaker scheme, that affects the shared result, so we cost access properly before suggesting terms for homes in LE9.

Section showing noon sun and shadows in Earl Shilton: about 37 degrees on 21 March and 14 degrees on 21 December21 m21 Mar, noon: sun 37°, shadow 6.5 m21 Dec, noon: sun 14°, shadow 20.1 mExistingNew home
This section is worked out for the latitude of Earl Shilton: around 37° of sun at midday in late March and about 14° 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.

How we’d take it forward in Earl Shilton

Before any agreement for a Earl Shilton garden, we recommend three conversations: one with us about the scheme and structure, one with your own solicitor about security for your land and your exit rights, and one with a tax adviser about how the deal affects you. Then decide in your own time, with no obligation from the appraisal.

  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.
  • 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 questions, answered for Earl Shilton

Who decides planning for a joint venture plot in Earl Shilton?

Hinckley and Bosworth Borough 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 Earl Shilton 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 Earl Shilton 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 Earl Shilton?

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 Earl Shilton

Garden plot joint venture near Earl Shilton

Find out what your garden could become

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