Option agreements for land in Newquay
If you own land in or around Newquay, 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 agreement gives a buyer the right, but not the obligation, to buy land within a set period, usually once planning permission is obtained. The landowner receives an option fee up front and, if the option is exercised, a price normally based on market value with permission, less agreed deductions.
- Free appraisal and written offer
- No commission: we're the buyer
- Figures explained, so you can check them
Tell us about your land
We'll check the title and planning, then call you.
Newquay at a glance
Newquay lies in Cornwall, roughly 10 miles north of Truro. Nearby, we also look at land around Truro (10 miles), St Austell (14 miles) and Redruth (14 miles).
A mostly rural county with much of its coast inside the Cornwall National Landscape. New homes are concentrated in and around the main towns.
| Town | Newquay |
|---|---|
| County | Cornwall |
| Country | England |
| Postcode district | TR7 |
| OS grid square | SW86 |
| Nearest towns we cover | Truro (10 mi), St Austell (14 mi), Redruth (14 mi) |
| Distance from Truro | About 10 miles north |
| Planning system | National Planning Policy Framework and local plan |
| When you're paid | Option fee now, price when the option is exercised |
| Planning costs | Ours, sometimes recoverable from the price |
Is an option agreement right for your land?
- Land being considered in a local plan review
- Owners happy to wait several years for a higher price
- Holdings where several owners need to work together
- Sites with technical issues that need time to resolve
If your land could be allocated in a future local plan, an option keeps it moving towards development without you funding the work.
How the money works
Purchase price
Often a percentage of market value with permission, less agreed costs.
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 Newquay that an option agreement suits
Development land in Newquay
Suits larger fields where the planning route may take several years.
Land for affordable homes in Newquay
Useful while housing need is evidenced and a scheme is prepared.
Small sites in Newquay
Useful if land needs assembling from more than one owner.
Brownfield land in Newquay
Can suit larger brownfield sites with a longer planning route.
From first call to completion
Send us the address
A postcode, a plan or a what3words location is enough to start.
We check it properly
Title, planning history, access, flood maps and local policy.
You get a written offer
With the main figures behind it, so your adviser can check it.
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.
Common problems, and how we handle them
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
- The address or postcode
- Your title number, if you know it
- Details of any tenants or grazing agreements
- Photos of the land and its access
What people ask us about an option agreement
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.
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 do I get an offer for land in Newquay?
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.
Other land types and routes
- Development land
- Land with planning permission
- Land without planning permission
- Large strategic sites
- Land for affordable homes
- Farmland and agricultural land
- Paddocks and equestrian land
- Barns and rural buildings
- Building plots
- Garden land and backland
- Infill plots and gap sites
- Small sites
- Garage sites
- Brownfield land
- Redundant commercial and industrial land
- Inherited and probate land
- Landlocked land and access problems
- Outright purchase
- Subject-to-planning sale
- Joint ventures
- All land in Newquay
- Option agreements in Cornwall
Get a straight answer about your land
Call 0800 088 6248 or send the details. There's no obligation.