Garden plot joint ventures in Dereham

Looking at a long garden in Dereham, you may want more than a price for the land. If you’d like to share in what gets built, or take one of the new homes for your family, a joint venture may suit you.

In the usual structure you contribute the plot and we fund the rest, as agreed in writing: surveys, design, planning, building control, construction and sale. Your return depends on the result, so it isn’t fixed in the way a sale price is, and the build takes time. We explain the trade-offs plainly at the free appraisal, alongside a simple sale.

Modern new home with timber cladding at the end of a long garden at dusk, lights on inside
Planning authority
Breckland Council
Postcodes
NR19
Noon sun, 21 March
About 37°
Shadow from a 5 m eaves line
About 6.6 m
Planning plan
Local Plan
County
Norfolk

The local picture in Dereham

A finished home in a joint venture is sold, or handed back to you, into a local market that includes Dereham and places such as Wymondham, Norwich and Thetford. 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 Breckland Council is likely to view the size of home proposed.

Section showing noon sun and shadows in Dereham: about 37 degrees on 21 March and 14 degrees on 21 December21 m21 Mar, noon: sun 37°, shadow 6.6 m21 Dec, noon: sun 14°, shadow 20.2 mExistingNew home
This section is worked out for the latitude of Dereham: 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.

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 Breckland Council.

  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. 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.

  4. 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.

Worth checking early

  • 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.
  • A joint venture takes longer than any sale: planning, then building, then selling or handover.

Your questions, answered for Dereham

Can I do a joint venture on my garden in Dereham 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.

Who decides planning for a joint venture plot in Dereham?

Breckland 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 Dereham 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 my neighbours join a joint venture in Dereham?

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 Dereham

Garden plot joint venture near Dereham

Find out what your garden could become

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