Understanding option agreements
An option agreement is a contract between you and us that gives us the right to purchase your land within an agreed timeframe, once planning permission is secured. This protects both your interests and ours throughout the development process.
Common Questions
How we determine the value
After visiting your site, our team of planners and architects will create a proposed scheme. Within 4-6 weeks, we'll present you with a clear offer. We're happy to discuss your expectations beforehand to ensure we're aligned.
About the offer
The price is agreed before signing the option agreement
Once agreed, the price is fixed - it won't change
We focus on option agreements rather than cash purchases due to the planning process
You'll receive the full amount when the sale completes
Timeframes and process
We typically work with a 12-month option agreement, with a possible 6-month extension if needed. Many projects complete sooner, and we'll keep you informed throughout. Once planning is approved, we can move forward with the purchase.
Legal aspects and paperwork
You'll need a commercial solicitor who understands option agreements - we can recommend experienced professionals
We cover your legal costs up to £2,500 (plus VAT)
You can review the agreement as many times as you need
We handle all planning costs
Working together
We'll need occasional access to your property for surveys
We'll always give at least 48 hours' notice
We aim to submit planning within 4 months of signing
Planning decisions typically take 12-16 weeks
We begin marketing to our developer network during the planning process
Practical considerations
Mortgage lenders need to be informed
Property titles are split at final sale if selling part of your land
House values typically aren't affected
We can arrange flexible completion dates if you need to move
If planning is secured but we can't complete the sale, planning permission remains granted
Understanding option agreements
An option agreement is a contract between you and us that gives us the right to purchase your land within an agreed timeframe, once planning permission is secured. This protects both your interests and ours throughout the development process.
Common Questions
How we determine the value
After visiting your site, our team of planners and architects will create a proposed scheme. Within 4-6 weeks, we'll present you with a clear offer. We're happy to discuss your expectations beforehand to ensure we're aligned.
About the offer
The price is agreed before signing the option agreement
Once agreed, the price is fixed - it won't change
We focus on option agreements rather than cash purchases due to the planning process
You'll receive the full amount when the sale completes
Timeframes and process
We typically work with a 12-month option agreement, with a possible 6-month extension if needed. Many projects complete sooner, and we'll keep you informed throughout. Once planning is approved, we can move forward with the purchase.
Legal aspects and paperwork
You'll need a commercial solicitor who understands option agreements - we can recommend experienced professionals
We cover your legal costs up to £2,500 (plus VAT)
You can review the agreement as many times as you need
We handle all planning costs
Working together
We'll need occasional access to your property for surveys
We'll always give at least 48 hours' notice
We aim to submit planning within 4 months of signing
Planning decisions typically take 12-16 weeks
We begin marketing to our developer network during the planning process
Practical considerations
Mortgage lenders need to be informed
Property titles are split at final sale if selling part of your land
House values typically aren't affected
We can arrange flexible completion dates if you need to move
If planning is secured but we can't complete the sale, planning permission remains granted
Understanding option agreements
An option agreement is a contract between you and us that gives us the right to purchase your land within an agreed timeframe, once planning permission is secured. This protects both your interests and ours throughout the development process.
Common Questions
How we determine the value
After visiting your site, our team of planners and architects will create a proposed scheme. Within 4-6 weeks, we'll present you with a clear offer. We're happy to discuss your expectations beforehand to ensure we're aligned.
About the offer
The price is agreed before signing the option agreement
Once agreed, the price is fixed - it won't change
We focus on option agreements rather than cash purchases due to the planning process
You'll receive the full amount when the sale completes
Timeframes and process
We typically work with a 12-month option agreement, with a possible 6-month extension if needed. Many projects complete sooner, and we'll keep you informed throughout. Once planning is approved, we can move forward with the purchase.
Legal aspects and paperwork
You'll need a commercial solicitor who understands option agreements - we can recommend experienced professionals
We cover your legal costs up to £2,500 (plus VAT)
You can review the agreement as many times as you need
We handle all planning costs
Working together
We'll need occasional access to your property for surveys
We'll always give at least 48 hours' notice
We aim to submit planning within 4 months of signing
Planning decisions typically take 12-16 weeks
We begin marketing to our developer network during the planning process
Practical considerations
Mortgage lenders need to be informed
Property titles are split at final sale if selling part of your land
House values typically aren't affected
We can arrange flexible completion dates if you need to move
If planning is secured but we can't complete the sale, planning permission remains granted
