Garden plot joint ventures in Formby

If you own a garden plot in Formby 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
Sefton Metropolitan Borough Council
Postcodes
L37
Noon sun, 21 March
About 36°
Shadow from a 5 m eaves line
About 6.8 m
Planning plan
Local Plan
County
Merseyside

What the council will look at in Formby

With the sun at about 13° at noon on 21 December, and around 36° in late March, low winter light is a real concern for gardens in Formby. A new home that sits too close or too tall can leave your garden or the one next door in shade for much of the year.

Sefton Metropolitan Borough Council will test this, often against separation distances in its design guidance. Many councils use around 21 metres between facing back windows, though your council’s own guide decides. In a joint venture you see the shading studies before we apply.

Section showing noon sun and shadows in Formby: about 36 degrees on 21 March and 13 degrees on 21 December21 m21 Mar, noon: sun 36°, shadow 6.8 m21 Dec, noon: sun 13°, shadow 21.7 mExistingNew home
This section is worked out for the latitude of Formby: around 36° of sun at midday in late March and about 13° 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 Formby

Getting started in Formby is straightforward. Tell us your address and roughly where the garden runs, and we check your title, access and the planning position from the desk, free of charge. If a joint venture looks realistic, we visit, then explain the structures side by side so you can choose before heads of terms are drafted.

  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. 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.

  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

  • 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.
  • We’re a new brand within the S&K Group, so ask for open-book reporting and check every protection in writing.

Formby: questions to ask

Will a joint venture in Formby 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 take a new home back instead of cash in Formby?

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.

How long does a garden joint venture in Formby 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.

Can my neighbours join a joint venture in Formby?

Yes. Combining adjoining gardens can give a better layout and one shared access. Each owner keeps their house, has their own solicitor and signs up to a collaboration agreement setting out how the result is shared, including fair treatment for the garden that provides the access.

Other options in Formby

Garden plot joint venture near Formby

Find out what your garden could become

Free garden plot appraisal. No cost, no obligation, and a straight answer if it won’t work.