- Planning authority
- South Kesteven District Council
- Postcodes
- NG31, NG32
- Noon sun, 21 March
- About 37°
- Shadow from a 5 m eaves line
- About 6.6 m
- Planning plan
- Local Plan
- County
- Lincolnshire
How it plays out in Grantham
A finished home in a joint venture is sold, or handed back to you, into a local market that includes Grantham and places such as Sleaford, Newark-on-Trent and Stamford. 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 South Kesteven District Council is likely to view the size of home proposed.
The next steps, locally
Once you’ve chosen a structure, we draft heads of terms setting out who funds what, your share or the home you receive, deadlines and protections. Your own solicitor reviews them and the development agreement that follows. Only then do we commission surveys and design, agree the key layout points with you, and submit the application to South Kesteven District Council.
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
- We’re a new brand within the S&K Group, so ask for open-book reporting and check every protection in writing.
- You’ll live next to a building site, and the new home’s design affects your own house and garden.
- Development lenders usually want security over the land, which your solicitor needs to fit around your own protections.
Questions about garden plots in Grantham
What if the build on my Grantham 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 take a new home back instead of cash in Grantham?
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.
Will a joint venture in Grantham 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.
Does my land stay in my name during a joint venture in Grantham?
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 Grantham
- Combine gardens with your neighbours
- Planning permission for a garden plot
- Large rear gardens
- Sell subject to planning
- Garage courts and yards
- Sell part of your garden