Garden plot joint ventures in Chertsey

The question to ask about a joint venture in Chertsey is who carries each risk. You carry time and market risk: the scheme takes longer than a sale, and what you receive depends on sale prices and, in some structures, build costs.

We carry the spending risk: planning costs that are lost if Runnymede Borough Council refuses, and build costs paid out long before any home is sold. The development agreement fixes those positions in advance, so both sides know where they stand if planning, the build or the market doesn’t go to plan, and neither has to argue it out later.

Modern new home with timber cladding at the end of a long garden at dusk, lights on inside
Planning authority
Runnymede Borough Council
Postcodes
KT15, KT16
Noon sun, 21 March
About 39°
Shadow from a 5 m eaves line
About 6.3 m
Planning plan
Local Plan
County
Surrey

Before you decide in Chertsey

With the sun at about 15° at noon on 21 December, and around 39° in late March, low winter light is a real concern for gardens in Chertsey. 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.

Runnymede 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 Chertsey: about 39 degrees on 21 March and 15 degrees on 21 December21 m21 Mar, noon: sun 39°, shadow 6.3 m21 Dec, noon: sun 15°, shadow 18.4 mExistingNew home
Noon sun in Chertsey on 21 March sits about 39° above the horizon, so a typical two-storey eaves line (about 5 m) throws a shadow of roughly 6.3 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 Chertsey

A joint venture in Chertsey moves through clear stages: appraisal, structure, heads of terms, development agreement, planning, build, then sale or handover. You receive progress and cost reports at agreed points. Timing depends on the council, the build and the market, so we give realistic ranges with each stage rather than fixed dates, and update them as things move.

  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. 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.

  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

  • 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.
  • Development lenders usually want security over the land, which your solicitor needs to fit around your own protections.

Questions about garden plots in Chertsey

What if the build on my Chertsey 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.

Who decides planning for a joint venture plot in Chertsey?

Runnymede 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 take a new home back instead of cash in Chertsey?

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.

Will a joint venture in Chertsey 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.

Other options in Chertsey

Garden plot joint venture near Chertsey

Find out what your garden could become

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