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Option agreements for land in Yate

If you own land in or around Yate, 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.

  • Free appraisal and written offer
  • No pressure to decide
  • We fund the planning work

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Yate at a glance

Our appraisals for Yate start with the BS37 postcode district and the OS grid square ST78, then widen out to Mangotsfield, Kingswood and Bristol, all within about 10 miles.

The Cotswolds National Landscape on the high ground, the Severn vale below, and green belt keeping Gloucester and Cheltenham apart.

TownYate
CountyGloucestershire
CountryEngland
Postcode districtBS37
OS grid squareST78
Nearest towns we coverMangotsfield (5 mi), Kingswood (7 mi), Bristol (10 mi)
Distance from GloucesterAbout 24 miles south
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

  • Larger fields and blocks on the edge of towns and villages
  • Owners happy to wait several years for a higher price
  • Owners who want to keep farming until development
  • Sites with technical issues that need time to resolve

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.

Minimum price

A floor that protects you if values fall.

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.

What happens next

  1. Tell us about your land

    Send the postcode or address and a rough size.

  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.

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.

Awkward details we deal with

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

  • A plan, or a screenshot from an online map
  • Your title number, if you know it
  • Details of any tenants or grazing agreements
  • How soon you'd ideally like to sell

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 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.

Can you visit land near Yate?

Yes. Once we've looked at the title and planning position, we arrange a site visit if the land looks suitable. Send the address or postcode to start.

Ready to talk about your land in Yate?

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