Garden plot joint ventures in Corby

Homes for land is a joint venture structure that can suit families in Corby. You provide the garden plot, we design, seek planning for and build the new homes, and one finished home comes back to you, perhaps for a parent, a grown-up child or to let.

If you’d rather have cash, a share of the sale proceeds is the other common structure. Whichever you choose, the deal is written into a development agreement with long-stop dates, open-book reporting and security for your land, all checked by your own solicitor. Tax can differ between the two, so take advice from a tax adviser as well.

Modern new home with timber cladding at the end of a long garden at dusk, lights on inside
Planning authority
North Northamptonshire Council
Postcodes
NN17, NN18
Noon sun, 21 March
About 38°
Shadow from a 5 m eaves line
About 6.5 m
Planning plan
Local Plan
County
Northamptonshire

Before you decide in Corby

As the neighbour, you’ll live with the new home’s shadow. Picture the spring equinox in Corby: at midday the sun climbs to about 38°, and a new home with 5 m eaves shades roughly 6.5 m of ground behind it. Near the winter solstice, with the sun at around 14°, that shade stretches much further.

In a joint venture you approve the layout before the application goes in, so we can show you where the shadow will fall on your garden at different times of year. Keeping the eaves low or setting the home further back can make a real difference.

Section showing noon sun and shadows in Corby: about 38 degrees on 21 March and 14 degrees on 21 December21 m21 Mar, noon: sun 38°, shadow 6.5 m21 Dec, noon: sun 14°, shadow 20.0 mExistingNew home
This section is worked out for the latitude of Corby: around 38° 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 North Northamptonshire 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. 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

  • Development lenders usually want security over the land, which your solicitor needs to fit around your own protections.
  • A joint venture takes longer than any sale: planning, then building, then selling or handover.
  • Tax can differ from a simple sale of garden land, so take advice from a tax adviser before you sign.

Corby: questions to ask

Will a joint venture in Corby 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 my neighbours join a joint venture in Corby?

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.

How long does a garden joint venture in Corby 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.

Does my land stay in my name during a joint venture in Corby?

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 Corby

Garden plot joint venture near Corby

Find out what your garden could become

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