Garden plot joint ventures in Banstead

A joint venture is one way to develop a garden plot in Banstead without selling it outright or paying for a build yourself. You put in the land behind or beside your house, and we fund and manage the design, planning application and construction. In return you share in the result, as an agreed share of the sale proceeds or a finished home handed back to you.

You keep your house throughout. Before anything is signed, your own solicitor reviews the heads of terms and advises on the protection that suits you, such as the land staying in your name until an agreed stage.

Modern new home with timber cladding at the end of a long garden at dusk, lights on inside
Planning authority
Reigate and Banstead Borough Council
Postcodes
KT20, SM7
Noon sun, 21 March
About 39°
Shadow from a 5 m eaves line
About 6.2 m
Planning plan
Local Plan
County
Surrey

Banstead: light, access and policy

A finished home in a joint venture is sold, or handed back to you, into a local market that includes Banstead and places such as Ewell, Epsom and Sutton. 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 Reigate and Banstead Borough Council is likely to view the size of home proposed.

Section showing noon sun and shadows in Banstead: about 39 degrees on 21 March and 15 degrees on 21 December21 m21 Mar, noon: sun 39°, shadow 6.2 m21 Dec, noon: sun 15°, shadow 18.4 mExistingNew home
Noon sun in Banstead on 21 March sits about 39° above the horizon, so a typical two-storey eaves line (about 5 m) throws a shadow of roughly 6.2 m. In December the sun is only about 15° up and shadows stretch much further. Drawn for a garden facing north, where it matters most.

How we’d take it forward in Banstead

Before any agreement for a Banstead 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.

  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. 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.

  4. 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

  • Tax can differ from a simple sale of garden land, so take advice from a tax adviser before you sign.
  • A joint venture takes longer than any sale: planning, then building, then selling or handover.
  • You’ll live next to a building site, and the new home’s design affects your own house and garden.

Banstead: questions to ask

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

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.

Who decides planning for a joint venture plot in Banstead?

Reigate and Banstead Borough 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.

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

Can my neighbours join a joint venture in Banstead?

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 Banstead

Garden plot joint venture near Banstead

Find out what your garden could become

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