Joint venture for land in Somerset
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 Somerset
We use joint ventures for suitable land across Somerset. Somerset, as used here, includes Bath, Weston-super-Mare, Portishead, Clevedon and Keynsham as well as Taunton, Yeovil, Bridgwater and Frome. Green Belt lies around Bath and Bristol in the north, and Exmoor National Park and the Mendip Hills, Quantock Hills, Blackdown Hills, Cranborne Chase and Cotswolds National Landscapes cover much of the rest. The Somerset Levels and Moors are at high flood risk, so sites on higher ground are often favoured.
Nutrient neutrality advice linked to the Somerset Levels and Moors protected sites has affected housing across much of the county. The M5 corridor through Bridgwater and Taunton, and growth linked to Hinkley Point C, have increased demand for land near those towns.
Since 6 August 2026, non-major development on sites of 0.2 hectares or less in England has generally been exempt from mandatory biodiversity net gain, unless priority habitat is affected. That makes many small sites simpler to bring forward.
The Planning and Infrastructure Act 2025 introduced Environmental Delivery Plans and a Nature Restoration Levy in England, which over time may offer an alternative to site-by-site mitigation for some environmental issues.
Some land in Somerset is designated Green Belt. If your land is within it, it may still qualify as grey belt or previously developed land under national policy, subject to the Golden Rules.
Parts of Somerset fall within Exmoor National Park, Mendip Hills National Landscape, Quantock Hills National Landscape, Blackdown Hills National Landscape, Cranborne Chase National Landscape and Cotswolds 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 Somerset that often suits a joint venture
WantedResidential development land
Around Taunton, the residential land that tends to work is close to existing homes, shops and transport rather than out on its own. For owners who want to share in the value of the finished homes.
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WantedLand without planning permission
Plenty of land around Taunton has never had permission. What we look for first is whether new homes would fit with the existing pattern of the place. For owners who want a bigger share of the upside in return for more risk.
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WantedInfill plots
Infill gaps in Taunton'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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WantedStrategic land
Larger landholdings on the approaches to Taunton 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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WantedCommercial and industrial sites
In Taunton, 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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WantedRedundant buildings
Across Taunton, 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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WantedGarage courts and yards
Garage courts tucked behind homes in Taunton 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
If a scheme near Taunton 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.
Learn moreTowns we cover in Somerset
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 Somerset?
Yes. We use joint ventures across Somerset and the rest of England, where the structure suits the site and the owner.