Option agreements for land in Tiverton
If you own land near Tiverton, you may be wondering whether an option agreement would suit you. The answer depends on your land's planning prospects and how soon you want to be paid.
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
- Independent advice encouraged
- We fund the planning work
Selling land near Tiverton?
Send the postcode and a rough size.
Tiverton at a glance
Tiverton (EX16) sits in OS grid square SS91, roughly 46 miles north-east of Plymouth. Sites between here and Exeter or Taunton are just as much of interest to us.
| Town | Tiverton |
|---|---|
| County | Devon |
| Country | England |
| Postcode district | EX16 |
| OS grid square | SS91 |
| Nearest towns we cover | Exeter (12 mi), Heavitree (13 mi), Taunton (19 mi) |
| Distance from Plymouth | About 46 miles north-east |
| 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 |
Who an option agreement works best for
- Larger fields and blocks on the edge of towns and villages
- Holdings where several owners need to work together
- Owners who want to keep farming until development
- Sites with technical issues that need time to resolve
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
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.
Your obligations
Agreements set what you can and can't do with the land in the meantime.
Land near Tiverton that an option agreement suits
Land with planning permission in Tiverton
Rarely needed once consent exists, but can suit phased sites.
Land without planning permission in Tiverton
We pay for the right to buy later and fund the planning work meanwhile.
Farmland and agricultural land in Tiverton
Common for edge-of-town farmland promoted through the local plan.
Small sites in Tiverton
Useful if land needs assembling from more than one owner.
What happens next
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.
The legal work
Your solicitor and ours handle the contract through to completion.
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
- Photos of the land and its access
- How soon you'd ideally like to sell
Your questions answered
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.
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.
How do I get an offer for land in Tiverton?
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 Tiverton
More land we buy in Tiverton
- 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 Tiverton
- Option agreements in Devon
Find out what we'd pay for your land near Tiverton
Send the postcode and a rough size. We'll check the title and planning position and come back to you.