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Option agreements for land in Wokingham

If you own land in or around Wokingham, option agreements is one of four ways you can sell it to us. Here's how it works and when it makes sense.

An option can capture more of your land's value where it needs a long planning journey, but the details matter. We explain every term before you commit.

  • Free appraisal and written offer
  • Figures explained, so you can check them
  • Independent advice encouraged

Get an offer for land in Wokingham

We'll check the title and planning, then call you.

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Free and no obligation. We're the buyer, so there's no commission.

Wokingham at a glance

Wokingham lies in Berkshire, about 7 miles south-east of Reading. Nearby, we also look at land around Crowthorne (3 miles), Bracknell (4 miles) and Lower Earley (4 miles).

TownWokingham
CountyBerkshire
CountryEngland
Postcode districtRG40
OS grid squareSU86
Nearest towns we coverCrowthorne (3 mi), Bracknell (4 mi), Lower Earley (4 mi)
Distance from ReadingAbout 7 miles south-east
Planning systemNational Planning Policy Framework and local plan
When you're paidOption fee now, price when the option is exercised
Planning costsOurs, sometimes recoverable from the price
Two people in outdoor jackets walking along a hedgerow, one pointing across the field

Who an option agreement works best for

  • Larger fields and blocks on the edge of towns and villages
  • Land needing access or infrastructure to be unlocked
  • Owners who want to keep farming until development
  • Sites with technical issues that need time to resolve

Options are the usual way to bring larger sites forward. They let us invest in planning while you keep ownership and the use of your land.

The terms that matter

Option fee

A payment on signing, which you usually keep even if the option isn't exercised.

Minimum price

A floor that protects you if values fall.

Deductions

Which planning and infrastructure costs come off the price before you're paid.

Exercise triggers

What has to happen before we can buy.

Land near Wokingham that an option agreement suits

Green belt and grey belt land in Wokingham

Common for green belt land promoted through a local plan review.

Barns and rural buildings in Wokingham

Less common for single buildings but can suit whole farmyards.

Building plots in Wokingham

Rarely needed for single plots.

Small sites in Wokingham

Useful if land needs assembling from more than one owner.

How a sale works

  1. Send us the address

    A postcode, a plan or a what3words location is enough to start.

  2. We check it properly

    Title, planning history, access, flood maps and local policy.

  3. We put an offer in writing

    It shows how we got there. There's no obligation to accept.

  4. Solicitors complete the sale

    Exchange and complete, or exchange now and complete when planning is granted.

Rules that apply in England

Planning framework

Planning decisions in England follow the National Planning Policy Framework, revised in August 2026, and the local plan, prepared by the council or, in a national park, the park authority. Plans are reviewed periodically, which is when new housing sites are usually allocated.

Section 106 and CIL

Larger schemes often need a Section 106 agreement for affordable housing or contributions, and councils that have adopted the Community Infrastructure Levy charge it per square metre of new floorspace.

When the land isn't straightforward

You're worried about the deductions

Ask for a clear list and a cap on what can be deducted. We'll explain each one.

You want to be sure we'll actually pursue planning

Agreements can include obligations to use reasonable endeavours and set milestones.

Useful to send us

  • A rough size, in acres or hectares
  • Your title number, if you know it
  • Photos of the land and its access
  • How soon you'd ideally like to sell

Questions from landowners near Wokingham

What is an option agreement?

A contract that gives the buyer the right to buy your land within a set period, usually after planning permission is granted. You receive an option fee now and the purchase price if the option is exercised.

Do I keep the option fee if you don't buy?

Normally, yes. The terms are set out in the agreement.

What's the difference between an option and a promotion agreement?

Under an option the buyer has the right to buy the land. Under a promotion agreement a promoter gets permission and then sells the land on the open market, taking a share of the proceeds. We offer options, not promotion agreements.

How do I get an offer for land in Wokingham?

Use the form on this page or call 0800 088 6248. Tell us the postcode, the rough size and anything you know about planning, and we'll come back to you.

Option agreements near Wokingham

Other land types and routes

Ready to talk about your land in Wokingham?

A free appraisal tells you what we'd pay and why.

Get an offerCall 0800 088 6248