Option agreements for land in Edmonton
Before you agree an option agreement on land near Edmonton, it helps to know exactly when you'd be paid, who carries the planning risk and how the price is set.
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.
- Figures explained, so you can check them
- Independent advice encouraged
- We fund the planning work
Get an offer for land in Edmonton
Free, no-obligation appraisal.
Where Edmonton sits
Our appraisals for Edmonton start with the N18 postcode district and the OS grid square TQ39, then widen out to Tottenham, Enfield Town and Chingford, all within about 3 miles.
Land is scarce and mostly brownfield. The outer boroughs contain Metropolitan Green Belt and metropolitan open land, both closely protected.
| Town | Edmonton |
|---|---|
| County | Greater London |
| Country | England |
| Postcode district | N18 |
| OS grid square | TQ39 |
| Nearest towns we cover | Tottenham (2 mi), Enfield Town (2 mi), Chingford (3 mi) |
| Distance from central London | About 9 miles north |
| 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 Edmonton
- 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
- 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.
Deductions
Which planning and infrastructure costs come off the price before you're paid.
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 Edmonton that an option agreement suits
Land with planning permission in Edmonton
Rarely needed once consent exists, but can suit phased sites.
Building plots in Edmonton
Rarely needed for single plots.
Inherited and probate land in Edmonton
Can suit families who want to hold on while planning is explored.
Landlocked land and access problems in Edmonton
Useful while access is negotiated with neighbours.
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.
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.
When the land isn't straightforward
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'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 rough size, in acres or hectares
- A plan, or a screenshot from an online map
- Any planning applications or letters
- How soon you'd ideally like to sell
Common questions
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 I sell to someone else during the option?
Not usually. The option binds the land, and it's normally registered against your title.
Do you buy land in Edmonton?
Yes. We consider land in and around Edmonton and across Greater London. Whether we can make an offer depends on the land itself, especially its access and planning prospects, and we'll tell you either way.
Also near Edmonton
More land we buy in Edmonton
- 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 Edmonton
- Option agreements in Greater London
Get a straight answer about your land
A free appraisal tells you what we'd pay and why.