Option agreements for land in Dagenham
Before you agree an option agreement on land near Dagenham, it helps to know exactly when you'd be paid, who carries the planning risk and how the price is set.
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
- Figures explained, so you can check them
- No pressure to decide
Get an offer for land in Dagenham
Send the postcode and a rough size.
Where Dagenham sits
Land around Dagenham falls under England's planning system. The closest towns we also cover are Becontree, 2 miles away, and Romford, 2 miles away, and central London is 13 miles away.
| Town | Dagenham |
|---|---|
| County | Greater London |
| Country | England |
| Postcode district | RM10 |
| OS grid square | TQ58 |
| Nearest towns we cover | Becontree (2 mi), Romford (2 mi), Hornchurch (2 mi) |
| Distance from central London | About 13 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 |
Is an option agreement right for your land?
- Land being considered in a local plan review
- 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
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
Minimum price
A floor that protects you if values fall.
Term
How long we have to secure permission and exercise the option.
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.
Land near Dagenham that an option agreement suits
Farmland and agricultural land in Dagenham
Common for edge-of-town farmland promoted through the local plan.
Barns and rural buildings in Dagenham
Less common for single buildings but can suit whole farmyards.
Redundant commercial and industrial land in Dagenham
Useful where vacant possession is some way off.
Inherited and probate land in Dagenham
Can suit families who want to hold on while planning is explored.
How a sale works
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.
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
- The address or postcode
- A plan, or a screenshot from an online map
- Your title number, if you know it
- Photos of the land and its access
Your questions answered
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.
Can I sell to someone else during the option?
Not usually. The option binds the land, and it's normally registered against your title.
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.
Can you visit land near Dagenham?
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.
Option agreements near Dagenham
More land we buy in Dagenham
- 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 Dagenham
- Option agreements in Greater London
Ready to talk about your land in Dagenham?
A free appraisal tells you what we'd pay and why.