Joint venture for land in Northumberland
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 Northumberland
Considering a joint venture for land in Northumberland? Here is how it works and where it fits. Northumberland's population is concentrated in the south-east, around Blyth, Cramlington, Ashington, Bedlington and Morpeth, with market towns such as Hexham and Berwick-upon-Tweed and many remote villages. Green Belt extends from the Tyne and Wear edge across the south-east, and Northumberland National Park and the Northumberland Coast and North Pennines National Landscapes cover much of the rest. Former colliery land, edge-of-town fields and farm buildings are common sources of housing land.
The reopened Northumberland Line rail service between Ashington, Bedlington, Blyth and Newcastle has made south-east Northumberland a focus for new homes. The coast has internationally protected bird and dune habitats, so coastal schemes often contribute to recreation mitigation, and coal mining legacy checks are common inland.
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.
Parts of Northumberland are Green Belt, though not every town has any nearby. We check early whether a site is inside it and, if so, whether a grey belt or previously developed land case could apply.
Parts of Northumberland fall within Northumberland National Park, Northumberland Coast National Landscape and North Pennines 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 Northumberland that often suits a joint venture
WantedResidential development land
In and around Morpeth 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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WantedLand with planning permission
We are interested in sites with planning across the Morpeth 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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WantedFarmland and paddocks
Around Morpeth, paddocks and fields beside existing homes can have real potential, even where they have been grazed or farmed for generations. Suits owners who want to stay involved and share the upside.
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WantedGreen Belt and grey belt land
If you own Green Belt land in Northumberland, its previous use and how enclosed it already is will shape whether a grey belt route exists. Possible for larger parcels where owners want to stay involved.
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WantedCommercial and industrial sites
Older business land around Morpeth, 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
Across Morpeth, empty offices, shops and former pubs can find a new life as homes when the building and the planning position line up. Possible where the owner wants to share in the conversion.
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WantedSites with lapsed or refused planning
Sites around Morpeth 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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WantedAllocated and promoted land
Around Morpeth, allocated sites and land put forward to the council are usually the furthest along, so they can often move faster than land at an earlier stage. For owners of larger allocations who want to share in delivery.
Learn moreTowns we cover in Northumberland
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 Northumberland?
Yes. We use joint ventures across Northumberland and the rest of England, where the structure suits the site and the owner.