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How we buy · Dyfed

Joint venture for land in Dyfed

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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Joint venture for land in Dyfed

Considering a joint venture for land in Dyfed? Here is how it works and where it fits. Dyfed covers west and south-west Wales, from Llanelli and the Amman valley to Carmarthen, Aberystwyth, Haverfordwest and the Milford Haven waterway. There is no green belt, but the Pembrokeshire Coast National Park and part of Bannau Brycheiniog National Park are major constraints. Phosphate limits in the Teifi and Cleddau river catchments have slowed some housing schemes, and sites often come forward as edge-of-town land, village infill and farm buildings.

Housing growth in Dyfed is planned through Local Development Plans, with land submitted at the candidate site stage. Llanelli, Carmarthen and the Haven towns see most demand, while flood risk under TAN 15 matters on the Loughor estuary, the coast and river valleys such as the Tywi.

Parts of Wales lie in river catchments where phosphate levels in protected rivers affect new housing, so drainage and nutrient solutions can be an early question.

In Wales a planning permission usually lasts five years before work must begin, and land purchases are subject to Land Transaction Tax rather than Stamp Duty Land Tax.

Parts of Dyfed fall within Pembrokeshire Coast National Park and Bannau Brycheiniog National Park. 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 Dyfed 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

In and around Carmarthen we are interested in land that sits naturally alongside existing streets, where new homes would read as part of the place. For owners who want to share in the value of the finished homes.

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Vacant fenced development plot with a council planning notice tied to a lamp post and terraced houses beyondWanted

Land with planning permission

We are interested in sites with planning across the Carmarthen area, including smaller consents that larger housebuilders may pass over. An option if you would rather share in the build than sell outright.

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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 Carmarthen 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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Horse paddock with post-and-rail fencing and a field gate on the edge of a village at eveningWanted

Farmland and paddocks

Fields that wrap around the edges of Carmarthen and its neighbouring villages are the farmland we most want to talk about. Suits owners who want to stay involved and share the upside.

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

Small sites

We want to hear about plots for a few homes anywhere around Carmarthen, including ones a larger builder has already turned down. Possible if you want a share of the finished homes.

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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 Carmarthen 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

Sites around Carmarthen with an old refusal can be worth a second look, especially where local or national policy has since changed. Possible where owners want to share the upside of a better scheme.

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Desk with a printed local plan proposals map showing coloured site boundaries and a housing layout sketchWanted

Allocated and promoted land

If your land near Carmarthen appears in the council's plan or its site assessments, send us the reference; it changes the conversation. For owners of larger allocations who want to share in delivery.

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Towns we cover in Dyfed

Joint venture: questions

Do I need to put money in?

Not usually. In most landowner joint ventures the land is the owner's contribution and we fund the costs, which are recovered from the proceeds before profit is shared. Structures vary.

How are profits shared?

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

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 Dyfed?

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

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