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Option agreements for land in Saltash

For owners in Saltash and the PL12 area, an option agreement is worth understanding before you talk to any buyer, including us.

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.

  • No pressure to decide
  • Independent advice encouraged
  • We fund the planning work

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Saltash at a glance

The land we're most interested in near Saltash sits on the edge of the built-up area or in the villages towards Plymouth (4 miles) and Plymstock (7 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.

TownSaltash
CountyCornwall
CountryEngland
Postcode districtPL12
OS grid squareSX45
Nearest towns we coverPlymouth (4 mi), Plymstock (7 mi), Bodmin (22 mi)
Distance from TruroAbout 38 miles 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

When an option agreement suits land near Saltash

  • Land being considered in a local plan review
  • Holdings where several owners need to work together
  • Land needing access or infrastructure to be unlocked
  • Owners who want to keep farming until development

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

What to check in an option agreement

Option fee

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

Term

How long we have to secure permission and exercise the option.

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.

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. You get a written offer

    With the main figures behind it, so your adviser can check it.

  4. Solicitors complete the sale

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

Planning and legal points for land in Cornwall

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 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

  • A rough size, in acres or hectares
  • A plan, or a screenshot from an online map
  • Any planning applications or letters
  • Details of any tenants or grazing agreements

Questions from landowners near Saltash

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.

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 Saltash?

Yes. Villages between Saltash, Plymouth and Plymstock often have the kind of edge-of-settlement land we're looking for.

Get a straight answer about your land

Call 0800 088 6248 or send the details. There's no obligation.