Option agreements for land in Peckham
Before you agree an option agreement on land near Peckham, 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
- Figures explained, so you can check them
- We fund the planning work
Get an offer for land in Peckham
Free, no-obligation appraisal.
Where Peckham sits
The land we're most interested in near Peckham sits on the edge of the built-up area or in the villages towards Brixton (2 miles) and Greenwich (3 miles).
| Town | Peckham |
|---|---|
| County | Greater London |
| Country | England |
| Postcode district | SE15 |
| OS grid square | TQ37 |
| Nearest towns we cover | Brixton (2 mi), Greenwich (3 mi), Catford (3 mi) |
| Distance from central London | About 3 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 |

When an option agreement suits land near Peckham
- Larger fields and blocks on the edge of towns and villages
- 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
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.
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 Peckham that an option agreement suits
Land without planning permission in Peckham
We pay for the right to buy later and fund the planning work meanwhile.
Garden land and backland in Peckham
Useful when several neighbours' gardens are being assembled.
Infill plots and gap sites in Peckham
Seldom needed for single infill plots.
Garage sites in Peckham
Rarely needed unless several garage owners are involved.
What happens next
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.
We put an offer in writing
It shows how we got there. There's no obligation to accept.
Solicitors complete the sale
Exchange and complete, or exchange now and complete when planning is granted.
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.
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'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
- Your title number, if you know it
- Any planning applications or letters
- How soon you'd ideally like to sell
Your questions answered
Do I keep the option fee if you don't buy?
Normally, yes. The terms are set out in the agreement.
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.
Can I sell to someone else during the option?
Not usually. The option binds the land, and it's normally registered against your title.
How do I get an offer for land in Peckham?
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.
Also near Peckham
Other land types and routes
- 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 Peckham
- Option agreements in Greater London
Find out what we'd pay for your land near Peckham
Send the postcode and a rough size. We'll check the title and planning position and come back to you.