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Option agreements for land in Hedon

For owners in Hedon and the HU12 area, an option agreement is worth understanding before you talk to any buyer, including us.

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.

  • Figures explained, so you can check them
  • Independent advice encouraged
  • We fund the planning work

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Hedon at a glance

Hedon lies in the East Riding of Yorkshire, about 6 miles east of Kingston upon Hull. Nearby, we also look at land around Kingston upon Hull (6 miles), Beverley (12 miles) and Grimsby (13 miles).

Open arable farmland on the Wolds and in Holderness, with low-lying land beside the Humber where flood risk shapes what can be built.

TownHedon
CountyEast Riding of Yorkshire
CountryEngland
Postcode districtHU12
OS grid squareTA12
Nearest towns we coverKingston upon Hull (6 mi), Beverley (12 mi), Grimsby (13 mi)
Distance from Kingston upon HullAbout 6 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 Hedon

  • Larger fields and blocks on the edge of towns and villages
  • Owners happy to wait several years for a higher price
  • Land needing access or infrastructure to be unlocked
  • 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.

The terms that matter

Minimum price

A floor that protects you if values fall.

Term

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

Deductions

Which planning and infrastructure costs come off the price before you're paid.

Your obligations

Agreements set what you can and can't do with the land in the meantime.

Land near Hedon that an option agreement suits

Land with planning permission in Hedon

Rarely needed once consent exists, but can suit phased sites.

Land without planning permission in Hedon

We pay for the right to buy later and fund the planning work meanwhile.

Inherited and probate land in Hedon

Can suit families who want to hold on while planning is explored.

Landlocked land and access problems in Hedon

Useful while access is negotiated with neighbours.

From first call to completion

  1. Send us the address

    A postcode, a plan or a what3words location is enough to start.

  2. We do the homework

    We read the title and planning record and check flood risk and access.

  3. You get a written offer

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

  4. 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.

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
  • Photos of the land and its access
  • How soon you'd ideally like to sell

What people ask us about an option agreement

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 Hedon?

Yes. Villages between Hedon, Kingston upon Hull and Beverley often have the kind of edge-of-settlement land we're looking for.

Nearby towns

More land we buy in Hedon

Ready to talk about your land in Hedon?

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

Get an offerCall 0800 088 6248