Joint venture for land in Leicestershire
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.
Joint venture for land in Leicestershire
Joint venture is one of four ways we buy land in Leicestershire. Leicestershire surrounds the city of Leicester and includes Loughborough, Hinckley, Coalville, Melton Mowbray and Market Harborough, plus many villages. There is no Green Belt, although local plans use green wedges and areas of separation to keep settlements apart. Typical sites include edge-of-town and village fields, farm buildings, infill plots and former industrial land around Coalville and the north-west of the county.
The M1, M69 and Midland Main Line corridors carry most growth, with urban extensions around Leicester and Loughborough. In the north-west, nutrient advice for the River Mease has affected schemes, and much of the area near Coalville is former coalfield, so mining risk checks can apply.
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.
Where an English council cannot show a five-year supply of housing land, or its Housing Delivery Test result falls below 75%, the August 2026 NPPF can give policy support to suitable housing outside settlement boundaries.
Leicestershire has no designated Green Belt, so the main policy questions near Leicester are usually the settlement boundary, landscape and access.
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 Leicestershire that often suits a joint venture
WantedLand with planning permission
We are interested in sites with planning across the Leicester 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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WantedLand without planning permission
Near Leicester, 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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WantedStrategic land
Larger landholdings on the approaches to Leicester 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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WantedSmall sites
In Leicester, 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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WantedCommercial and industrial sites
Older business land around Leicester, 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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WantedRedundant buildings
Redundant buildings in Leicester 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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WantedGarage courts and yards
Garage courts tucked behind homes in Leicester are often ideal for a small number of new houses or bungalows. Possible for groups of courts.
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WantedSites with lapsed or refused planning
Sites around Leicester 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.
Learn moreTowns we cover in Leicestershire
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.
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.
Do you use joint ventures for land in Leicestershire?
Yes. We use joint ventures across Leicestershire and the rest of England, where the structure suits the site and the owner.