Option agreements for land in Coulsdon
If you own land near Coulsdon, you may be wondering whether an option agreement would suit you. The answer depends on your land's planning prospects and how soon you want to be paid.
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
Selling land near Coulsdon?
We'll check the title and planning, then call you.
Land around Coulsdon
The land we're most interested in near Coulsdon sits on the edge of the built-up area or in the villages towards Purley (2 miles) and Banstead (3 miles).
| Town | Coulsdon |
|---|---|
| County | Greater London |
| Country | England |
| Postcode district | CR5 |
| OS grid square | TQ25 |
| Nearest towns we cover | Purley (2 mi), Banstead (3 mi), Wallington (3 mi) |
| Distance from central London | About 13 miles south |
| 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 |
When an option agreement suits land near Coulsdon
- Larger fields and blocks on the edge of towns and villages
- Holdings where several owners need to work together
- 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.
Exercise triggers
What has to happen before we can buy.
Your obligations
Agreements set what you can and can't do with the land in the meantime.
Land near Coulsdon that an option agreement suits
Land for affordable homes in Coulsdon
Useful while housing need is evidenced and a scheme is prepared.
Farmland and agricultural land in Coulsdon
Common for edge-of-town farmland promoted through the local plan.
Garden land and backland in Coulsdon
Useful when several neighbours' gardens are being assembled.
Small sites in Coulsdon
Useful if land needs assembling from more than one owner.
From first call to completion
Send us the address
A postcode, a plan or a what3words location is enough to start.
We do the homework
We read the title and planning record and check flood risk and access.
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.
Common problems, and how we handle them
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 plan, or a screenshot from an online map
- Your title number, if you know it
- 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.
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 you visit land near Coulsdon?
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.
More land we buy in Coulsdon
- Development land
- Land with planning permission
- Land without planning permission
- Large strategic sites
- Green belt and grey belt land
- Land for affordable homes
- Farmland and agricultural land
- Paddocks and equestrian land
- Barns and rural buildings
- 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 Coulsdon
- Option agreements in Greater London
Ready to talk about your land in Coulsdon?
Send the postcode and a rough size. We'll check the title and planning position and come back to you.