Option agreements for land in Cardigan
If you own land in or around Cardigan, option agreements is one of four ways you can sell it to us. Here's how it works and when it makes sense.
Options are the usual way to bring larger sites forward. They let us invest in planning while you keep ownership and the use of your land.
- Figures explained, so you can check them
- No pressure to decide
- We fund the planning work
Tell us about your land
Free, no-obligation appraisal.
Land around Cardigan
From Cardigan, it's 22 miles to Carmarthen and 23 miles to Haverfordwest. We buy land across that whole stretch of Dyfed, not only within the town.
South-west Wales: Carmarthenshire, Ceredigion and Pembrokeshire, including the Pembrokeshire Coast National Park.
| Town | Cardigan |
|---|---|
| County | Dyfed |
| Country | Wales |
| Postcode district | SA43 |
| OS grid square | SN14 |
| Nearest towns we cover | Carmarthen (22 mi), Haverfordwest (23 mi), Tenby (28 mi) |
| Distance from Carmarthen | About 22 miles north-west |
| Planning system | Planning Policy Wales and Local Development 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
- Owners happy to wait several years for a higher price
- 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.
What to check in an option agreement
Purchase price
Often a percentage of market value with permission, less agreed costs.
Minimum price
A floor that protects you if values fall.
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 Cardigan that an option agreement suits
Barns and rural buildings in Cardigan
Less common for single buildings but can suit whole farmyards.
Brownfield land in Cardigan
Can suit larger brownfield sites with a longer planning route.
Redundant commercial and industrial land in Cardigan
Useful where vacant possession is some way off.
Inherited and probate land in Cardigan
Can suit families who want to hold on while planning is explored.
What happens next
Send us the address
A postcode, a plan or a what3words location is enough to start.
We do the homework
We read the title and planning record and check flood risk and access.
We put an offer in writing
It shows how we got there. There's no obligation to accept.
The legal work
Your solicitor and ours handle the contract through to completion.
Planning and legal points for land in Dyfed
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
- How soon you'd ideally like to sell
Questions from landowners near Cardigan
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.
Can I sell to someone else during the option?
Not usually. The option binds the land, and it's normally registered against your title.
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 cover the villages around Cardigan?
Yes. Villages between Cardigan, Carmarthen and Haverfordwest often have the kind of edge-of-settlement land we're looking for.
More land we buy in Cardigan
- 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 Cardigan
- Option agreements in Dyfed
Find out what we'd pay for your land near Cardigan
Send the postcode and a rough size. We'll check the title and planning position and come back to you.