Option agreements for land in Dyfed
We offer an option agreement on land across Dyfed, including sites around Llanelli, Ammanford and Aberystwyth.
If your land could be allocated in a future local plan, an option keeps it moving towards development without you funding the work.
- No commission: we're the buyer
- Independent advice encouraged
- We fund the planning work
Get an offer for land in Dyfed
Send the postcode and a rough size.
Option agreements in Dyfed at a glance
South-west Wales: Carmarthenshire, Ceredigion and Pembrokeshire, including the Pembrokeshire Coast National Park.
| County | Dyfed |
|---|---|
| Country | Wales |
| Towns we cover here | 10 |
| Main town | Carmarthen |
| Example postcode districts | SA15, SA16, SA18, SA31, SA43 |
| Planning system | Planning Policy Wales and Local Development Plan |
| When you're paid | Option fee now, price when the option is exercised |
| Timescale | Often several years |
When an option agreement suits land in Dyfed
- Larger fields and blocks on the edge of towns and villages
- Holdings where several owners need to work together
- 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
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.
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 an option agreement works for in Dyfed
Land for affordable homes in Dyfed
Useful while housing need is evidenced and a scheme is prepared.
Farmland and agricultural land in Dyfed
Common for edge-of-town farmland promoted through the local plan.
Paddocks and equestrian land in Dyfed
Useful where the paddock could form part of a wider site.
Building plots in Dyfed
Rarely needed for single plots.
Garage sites in Dyfed
Rarely needed unless several garage owners are involved.
Redundant commercial and industrial land in Dyfed
Useful where vacant possession is some way off.
How a sale works
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 Wales
Planning framework
Planning in Wales follows Planning Policy Wales, the national plan Future Wales and the Local Development Plan, prepared by the council or, in a national park, the park authority. When plans are reviewed, landowners can put land forward as a candidate site.
Section 106 and CIL
Section 106 agreements apply in Wales, and a small number of Welsh councils charge the Community Infrastructure Levy.
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
- The address or postcode
- A rough size, in acres or hectares
- Your title number, if you know it
- Any planning applications or letters
Common questions
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.
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.
Do you buy land in Dyfed?
Yes. We consider land across Dyfed, from Carmarthen to the smaller towns and villages. Whether we can make an offer depends on the land itself, and we'll tell you either way.
Option agreements by town in Dyfed
Find out what we'd pay for your land in Dyfed
Send the postcode and a rough size and we'll come back with a straight answer.