- Planning authority
- Somerset Council
- Postcodes
- BA20, BA21, BA22
- Noon sun, 21 March
- About 39°
- Shadow from a 5 m eaves line
- About 6.2 m
- Planning plan
- Local Plan
- County
- Somerset
Before you decide in Yeovil
A finished home in a joint venture is sold, or handed back to you, into a local market that includes Yeovil and places such as Wells, Bridgwater and Taunton. 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 Somerset Council is likely to view the size of home proposed.
How we’d take it forward in Yeovil
Before any agreement for a Yeovil 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.
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.
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.
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.
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.
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.
- Tax can differ from a simple sale of garden land, so take advice from a tax adviser before you sign.
Your questions, answered for Yeovil
Will a joint venture in Yeovil 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 Yeovil?
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.
What if the build on my Yeovil 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 do a joint venture on my garden in Yeovil 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.
Other options in Yeovil
- Bungalows on large plots
- Large rear gardens
- Corner and side plots
- Combine gardens with your neighbours
- Sell subject to planning
- Sell part of your garden