Frequently Asked Questions

Frequently Asked Questions

What is an Option Agreement?

An Option Agreement is a binding contract between a landowner and a land buyer where the buyer has the option to purchase land within a certain time frame, subject to planning. 

What can you offer me? 

After a site visit, our planners and architects prepare a proposed scheme. We then return with an offer—usually within 4–6 weeks. 

Is the purchase price agreed before signing? 

Yes. The price is confirmed before the Option Agreement is completed. 

Will the offer price change? 

No. The agreed amount is fixed in the Option Agreement. 

Do you offer cash or outright purchases? 

Not usually. We typically purchase land via an Option Agreement due to planning risks. 

How long does an Option Agreement last? 

Usually 12 months, with a possible 6-month extension if required. 

Can the process be completed sooner?

Yes. We often secure planning earlier and may exercise the option once approved. 

Do I need a solicitor? 

Yes. A Commercial Solicitor experienced in Option Agreements is required. 

Can I set conditions and review the agreement? 

Yes. You can add conditions and review the final draft as many times as needed. 

How long does it take to sign the agreement? 

Typically 4–12 months, depending on the complexity of the site. 

How much will I have to pay? 

Nothing. We cover your legal fees (up to £2,500 + VAT) and all planning costs. 

Will there be much paperwork? 

Just the Option Agreement, Transfer Deed, and a few standard property forms. 

Will you need access to my property? 

Yes, for surveys and investigations. We always give at least 48 hours’ notice. 

Do I need permission from my mortgage lender? 

Yes, especially if selling part of your title. 

When will you submit planning? 

Usually within 4 months of signing the agreement. 

How long do councils take to decide planning? 

Typically 12–16 weeks, though this varies by region. 

When will you sell to a developer? 

We begin marketing during the planning process, aiming to secure a buyer once permission is granted. 

When are titles split if only part of my land is sold? 

At the final point of sale. 

What if planning is approved but you can’t sell the site? 

We may withdraw, but you retain land with planning permission. 

Will I need to pay Capital Gains Tax? 

It depends on your circumstances. We recommend seeking specialist advice. 

What experience do you have? 

Our team includes industry specialists, and our partners have over 10 years’ experience in planning uplift and land development.