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How we buy · Cornwall

Joint venture for land in Cornwall

You contribute the land, we fund and manage planning and delivery, and the proceeds are shared as agreed.

A landowner joint venture is a partnership where the owner contributes land and we fund and manage planning and delivery, with the proceeds shared on an agreed basis after agreed costs are recovered. It can unlock more value than a sale but involves more risk, longer timescales and closer involvement.

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Agents: any introducer fee is agreed in writing before details are shared and confirmed by the owner. How it works.

Joint venture for land in Cornwall

Considering a joint venture for land in Cornwall? Here is how it works and where it fits. Cornwall has no Green Belt, but landscape designation is extensive: the Cornwall National Landscape covers large stretches of coast and countryside, alongside the Tamar Valley and Isles of Scilly National Landscapes. Settlements are dispersed, from Truro, Camborne, Redruth and St Austell to many small coastal and inland villages. Sites coming forward are often edge-of-settlement fields, farm buildings, former mining and china clay land, and rural exception sites for local needs.

Second-home and holiday-let pressure has led to principal residence policies in some Cornish neighbourhood plans, and nutrient neutrality advice has applied in the River Camel catchment. Former mining land around Camborne and Redruth needs mining risk checks, while the A30 corridor towns attract more mainstream housing growth.

In England, the revised National Planning Policy Framework published on 17 August 2026 replaced the old "tilted balance" with new settlement policies: development within a settlement should normally be approved unless the harm substantially outweighs the benefits, while land outside a settlement can gain support in defined circumstances.

The Planning and Infrastructure Act 2025 introduced Environmental Delivery Plans and a Nature Restoration Levy in England, which over time may offer an alternative to site-by-site mitigation for some environmental issues.

Cornwall has no designated Green Belt, so the main policy questions near Truro are usually the settlement boundary, landscape and access.

Parts of Cornwall fall within Cornwall National Landscape, Tamar Valley National Landscape and Isles of Scilly National Landscape. Protected landscapes carry strong policy protection, so land in or next to them needs particularly careful assessment.

In short: you contribute the land, we fund and manage planning and delivery, and the proceeds are shared as agreed. It usually suits owners of larger or well-located sites; landowners who want a long-term interest; sites where a sale would undervalue the long-term potential. See how a joint venture works for the full process, pros and cons.

Land in Cornwall that often suits a joint venture

Edge-of-town meadow with timber survey stakes and orange marker pegs, houses along the far boundaryWanted

Residential development land

Around Truro, the residential land that tends to work is close to existing homes, shops and transport rather than out on its own. For owners who want to share in the value of the finished homes.

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Gently sloping green field next to an English village with a church tower behind a hawthorn hedgeWanted

Land without planning permission

Near Truro, land without planning is worth discussing where it adjoins existing homes or has been put forward to the council's plan. For owners who want a bigger share of the upside in return for more risk.

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Overgrown empty plot between two Edwardian semi-detached houses on a suburban streetWanted

Infill plots

We look for infill plots across Truro and the surrounding villages, particularly where there is room for parking off the road. Possible if you would like a share of the sale of the new home.

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High aerial view of large farmland fields beside a market town, a ring road and a river lined with willowsWanted

Strategic land

If you own a substantial holding near Truro, the council's plan timetable will shape when and how it could be promoted. For owners who want a closer partnership and a share of the profit.

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Corner plot of rough grass at a suburban road junction with houses along both roadsWanted

Small sites

In Truro, small sites are often the leftover pieces: a side garden, an old garage block or a gap where a building once stood. Possible if you want a share of the finished homes.

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Vacant single-storey industrial units with grey roller shutters and an empty tarmac forecourtWanted

Commercial and industrial sites

Older business land around Truro, especially units now surrounded by housing, is the kind of commercial site we would like to discuss. Can suit owners who want to share in a redevelopment.

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Disused two-storey 1960s brick office building with an empty weed-cracked car park among housesWanted

Redundant buildings

Redundant buildings in Truro often sit in the heart of things, close to shops and transport, which can make them strong residential sites. Possible where the owner wants to share in the conversion.

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Overgrown fenced plot with brambles and saplings behind a weathered hoarding between housesWanted

Sites with lapsed or refused planning

If a scheme near Truro was refused or ran out of time, the officer's report usually shows what a better application would need. Possible where owners want to share the upside of a better scheme.

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Towns we cover in Cornwall

Joint venture: questions

How are profits shared?

By agreement. Common models include a priority return for the land followed by a share of profit.

What if the venture does not get planning?

The agreement sets out what happens. In a simple contractual joint venture the land usually stays yours, but company or partnership structures, or a lender's charge, can change that, so take advice on the structure.

Is a joint venture right for me?

It suits owners comfortable with more risk and a longer timescale. We will say if a sale or option looks a better fit.

Do you use joint ventures for land in Cornwall?

Yes. We use joint ventures across Cornwall and the rest of England, where the structure suits the site and the owner.

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