Option agreements for land in Bow
Before you agree an option agreement on land near Bow, 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.
- Free appraisal and written offer
- No commission: we're the buyer
- Figures explained, so you can check them
Tell us about your land
We'll check the title and planning, then call you.
Bow at a glance
From Bow, it's 1 mile to Stratford and 1 mile to Canary Wharf. We buy land across that whole stretch of Greater London, not only within the town.
| Town | Bow |
|---|---|
| County | Greater London |
| Country | England |
| Postcode district | E3 |
| OS grid square | TQ38 |
| Nearest towns we cover | Stratford (1 mi), Canary Wharf (1 mi), Canning Town (2 mi) |
| Distance from central London | About 5 miles 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
- Land needing access or infrastructure to be unlocked
- Owners who want to keep farming until development
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.
How the money works
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.
Deductions
Which planning and infrastructure costs come off the price before you're paid.
Exercise triggers
What has to happen before we can buy.
Land near Bow that an option agreement suits
Land without planning permission in Bow
We pay for the right to buy later and fund the planning work meanwhile.
Garden land and backland in Bow
Useful when several neighbours' gardens are being assembled.
Brownfield land in Bow
Can suit larger brownfield sites with a longer planning route.
Redundant commercial and industrial land in Bow
Useful where vacant possession is some way off.
From first call to completion
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.
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 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
- Any planning applications or letters
- Details of any tenants or grazing agreements
- Photos of the land and its access
Questions from landowners near Bow
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.
How long do options last?
It varies with the site. Several years is typical for land needing local plan allocation, often with extension rights.
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 Bow?
Yes. Villages between Bow, Stratford and Canary Wharf often have the kind of edge-of-settlement land we're looking for.
Other land in Bow
- 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 Bow
- Option agreements in Greater London
Get a straight answer about your land
Call 0800 088 6248 or send the details. There's no obligation.