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How we buy · Mid Glamorgan

Joint venture for land in Mid Glamorgan

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 Mid Glamorgan

We use joint ventures for suitable land across Mid Glamorgan. Mid Glamorgan covers the South Wales valleys of the Rhondda, Cynon, Taff and Merthyr, along with Bridgend, Pontypridd, Maesteg and Porthcawl. There is no green belt, but green wedges are used locally and the northern uplands fall within Bannau Brycheiniog National Park. Former colliery and industrial land, terraced-street infill and edge-of-settlement fields are typical sources of housing sites, with coal mining legacy and steep slopes common checks.

The South Wales Metro and upgraded valley rail lines are a focus for growth, with stations at Pontypridd, Aberdare, Treorchy and Merthyr Tydfil. Lower-lying land around Bridgend, Pencoed and Llantrisant along the M4 corridor sees more demand for larger housing sites, and flood risk under TAN 15 matters on the valley floors.

In Wales, planning decisions are guided by Planning Policy Wales and Future Wales: the National Plan 2040, with land for housing identified through each council's Local Development Plan, including candidate site stages when plans are reviewed.

In parts of Wales where Welsh is widely spoken, councils may consider the effect of new housing on the Welsh language when preparing plans and deciding applications.

Parts of Mid Glamorgan fall within 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 Mid Glamorgan that often suits a joint venture

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

Land with planning permission

For consented land around Bridgend, the first things we read are the decision notice, the conditions and any legal agreement attached to the permission. An option if you would rather share in the build than sell outright.

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

Strategic land

Around Bridgend, strategic sites tend to be the big fields between the built edge and the main roads, where a whole new neighbourhood could be planned. 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

We look at yards and units across Bridgend where the business use has run its course or the site sits awkwardly among houses. 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

In the countryside around Bridgend, redundant barns and yards can sometimes become homes, depending on the building and the route available. Possible for larger farmyards.

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Row of lock-up garages with faded up-and-over doors around a tarmac court behind 1960s housesWanted

Garage courts and yards

Across Bridgend, lock-up blocks that are half empty can be a better use of land as homes, with parking handled sensibly. Possible for groups of courts.

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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 Bridgend 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 Mid Glamorgan

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 Mid Glamorgan?

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

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