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Option agreements for land in Basildon

If you own land in or around Basildon, option agreements is one of four ways you can sell it to us. Here's how it works and when it makes sense.

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.

  • No commission: we're the buyer
  • Independent advice encouraged
  • We fund the planning work

Tell us about your land

We'll check the title and planning, then call you.

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Free and no obligation. We're the buyer, so there's no commission.

Where Basildon sits

Our appraisals for Basildon start with the SS14 postcode district and the OS grid square TQ78, then widen out to Pitsea, Stanford-le-Hope and Wickford, all within about 4 miles.

Metropolitan Green Belt covers the south and west of the county, while mid and north Essex have larger areas of farmland around growing towns.

TownBasildon
CountyEssex
CountryEngland
Postcode districtSS14
OS grid squareTQ78
Nearest towns we coverPitsea (2 mi), Stanford-le-Hope (3 mi), Wickford (4 mi)
Distance from Southend-on-SeaAbout 11 miles west
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

Who an option agreement works best for

  • Land being considered in a local plan review
  • Owners happy to wait several years for a higher price
  • Holdings where several owners need to work together
  • Owners who want to keep farming until development

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.

What to check in an option agreement

Option fee

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

Purchase price

Often a percentage of market value with permission, less agreed costs.

Term

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

Exercise triggers

What has to happen before we can buy.

What happens next

  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. We put an offer in writing

    It shows how we got there. There's no obligation to accept.

  4. The legal work

    Your solicitor and ours handle the contract through to completion.

What England's rules mean for your land

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'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
  • A rough size, in acres or hectares
  • A plan, or a screenshot from an online map
  • Any planning applications or letters

What people ask us about an option agreement

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 Basildon?

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.

Get a straight answer about your land

A free appraisal tells you what we'd pay and why.