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Option agreements for land in Huntingdon

Before you agree an option agreement on land near Huntingdon, it helps to know exactly when you'd be paid, who carries the planning risk and how the price is set.

If your land could be allocated in a future local plan, an option keeps it moving towards development without you funding the work.

  • Free appraisal and written offer
  • No commission: we're the buyer
  • Independent advice encouraged

Get an offer for land in Huntingdon

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

Where Huntingdon sits

Our appraisals for Huntingdon start with the PE28 postcode district and the OS grid square TL27, then widen out to St Ives, St Neots and Sandy, all within about 15 miles.

Flat arable fenland in the north contrasts with a fast-growing Cambridge area in the south, where the Cambridge green belt surrounds the city.

TownHuntingdon
CountyCambridgeshire
CountryEngland
Postcode districtPE28
OS grid squareTL27
Nearest towns we coverSt Ives (5 mi), St Neots (9 mi), Sandy (15 mi)
Distance from PeterboroughAbout 17 miles south
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

Is an option agreement right for your land?

  • Larger fields and blocks on the edge of towns and villages
  • Owners happy to wait several years for a higher price
  • Holdings where several owners need to work together
  • Owners who want to keep farming until development

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.

The terms that matter

Option fee

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

Purchase price

Often a percentage of market value with permission, less agreed costs.

Exercise triggers

What has to happen before we can buy.

Your obligations

Agreements set what you can and can't do with the land in the meantime.

What happens next

  1. Tell us about your land

    Send the postcode or address and a rough size.

  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.

Awkward details we deal with

You want to be sure we'll actually pursue planning

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

You'd like your advisers' costs covered

Many option agreements include a contribution to the landowner's legal and agent costs. We'll tell you if ours does.

Useful to send us

  • The address or postcode
  • A plan, or a screenshot from an online map
  • Your title number, if you know it
  • Photos of the land and its access

Your questions answered

How is the price set?

Usually as a percentage of the land's market value once permission is granted, minus agreed costs, with a minimum price. The percentage and deductions are negotiated.

How long do options last?

It varies with the site. Several years is typical for land needing local plan allocation, often with extension rights.

Can I sell to someone else during the option?

Not usually. The option binds the land, and it's normally registered against your title.

Do you cover the villages around Huntingdon?

Yes. Villages between Huntingdon, St Ives and St Neots often have the kind of edge-of-settlement land we're looking for.

Ready to talk about your land in Huntingdon?

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