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How we buy · the Isle of Wight

Joint venture for land on the Isle of Wight

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 on the Isle of Wight

We use joint ventures for suitable land across the Isle of Wight. The Isle of Wight has no Green Belt, but the Isle of Wight National Landscape covers much of the coast and downland. Housing is concentrated around Newport, Ryde, Cowes and East Cowes, Sandown and Shanklin, with many villages elsewhere. Typical sites are edge-of-town fields, infill plots, former holiday or commercial premises and farm buildings, with coastal change and ground instability relevant on parts of the coast.

Because the island drains to the Solent, nutrient neutrality advice has applied to new homes, alongside recreation mitigation for coastal birds. Development is focused on the larger towns and the Medina valley, with ferry links to the mainland at Cowes, East Cowes, Ryde and Yarmouth shaping access.

In England, a planning permission normally has to be implemented within three years unless the council sets a different period, and councils aim to decide minor applications within eight weeks and major ones within thirteen.

English councils keep brownfield land registers, and some previously developed sites can be granted permission in principle, a quicker way of establishing whether housing is acceptable before technical details are settled.

The Isle of Wight has no designated Green Belt, so the main policy questions near Newport are usually the settlement boundary, landscape and access.

Parts of the Isle of Wight fall within Isle of Wight 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 on the Isle of Wight that often suits a joint venture

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

Land without planning permission

Near Newport, 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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Cleared former industrial yard with cracked concrete, a palisade fence and an old brick warehouse wallWanted

Brownfield land

Former works, depots and yards in and around Newport can make good housing sites once the ground and neighbouring uses are understood. Can work where the owner wants to share in a redevelopment.

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

Infill plots

Infill gaps in Newport's established streets can be among the easiest small sites to bring forward when the design respects the neighbours. 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

We are looking for farmland near Newport with a realistic access, ideally land the owner has already put forward to the local plan. Suits owners who want to stay involved and share the upside.

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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

Larger landholdings on the approaches to Newport are where strategic land usually comes from, particularly near transport links. For owners who want a closer partnership and a share of the profit.

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

Commercial and industrial sites

In Newport, industrial land that has drifted out of use can often be reimagined as homes, subject to the council's view on employment land. Can suit owners who want to share in a redevelopment.

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Traditional red-brick barn with clay tile roof beside a modern steel portal-frame barn on a farmyardWanted

Barns and rural buildings

We look at barns and rural yards around Newport and give a straight view on whether conversion or replacement is realistic. Possible for larger farmyards.

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

Sites with lapsed or refused planning

We read the planning history of sites across Newport closely; a past refusal often points straight to the fix. Possible where owners want to share the upside of a better scheme.

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Towns we cover on the Isle of Wight

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.

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 on the Isle of Wight?

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

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