Option agreements for land in Blackheath
Before you agree an option agreement on land near Blackheath, it helps to know exactly when you'd be paid, who carries the planning risk and how the price is set.
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
- No pressure to decide
- Independent advice encouraged
Selling land near Blackheath?
We'll check the title and planning, then call you.
Where Blackheath sits
The land we're most interested in near Blackheath sits on the edge of the built-up area or in the villages towards Greenwich (1 mile) and Catford (2 miles).
Land is scarce and mostly brownfield. The outer boroughs contain Metropolitan Green Belt and metropolitan open land, both closely protected.
| Town | Blackheath |
|---|---|
| County | Greater London |
| Country | England |
| Postcode district | SE3 |
| OS grid square | TQ37 |
| Nearest towns we cover | Greenwich (1 mi), Catford (2 mi), Eltham (2 mi) |
| Distance from central London | About 7 miles south-east |
| Planning system | National Planning Policy Framework and local 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
- 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
- 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.
The terms that matter
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.
Your obligations
Agreements set what you can and can't do with the land in the meantime.
Land near Blackheath that an option agreement suits
Development land in Blackheath
Suits larger fields where the planning route may take several years.
Building plots in Blackheath
Rarely needed for single plots.
Small sites in Blackheath
Useful if land needs assembling from more than one owner.
Redundant commercial and industrial land in Blackheath
Useful where vacant possession is some way off.
What happens next
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.
Planning and legal points for land in Greater London
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
- A plan, or a screenshot from an online map
- Your title number, if you know it
- Any planning applications or letters
- Photos of the land and its access
Common questions
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.
Do I keep the option fee if you don't buy?
Normally, yes. The terms are set out in the agreement.
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.
How do I get an offer for land in Blackheath?
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.
More land we buy in Blackheath
- Development land
- Land with planning permission
- Land without planning permission
- 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 Blackheath
- Option agreements in Greater London
Find out what we'd pay for your land near Blackheath
Call 0800 088 6248 or send the details. There's no obligation.