Option agreements for land in Wood Green
We offer an option agreement on land across Greater London, including sites around Wood Green, Muswell Hill and Tottenham.
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 pressure to decide
- Independent advice encouraged
- We fund the planning work
Selling land near Wood Green?
Free, no-obligation appraisal.
Where Wood Green sits
From Wood Green, it's 1 mile to Muswell Hill and 2 miles to Tottenham. We buy land across that whole stretch of Greater London, not only within the town.
Land is scarce and mostly brownfield. The outer boroughs contain Metropolitan Green Belt and metropolitan open land, both closely protected.
| Town | Wood Green |
|---|---|
| County | Greater London |
| Country | England |
| Postcode district | N22 |
| OS grid square | TQ39 |
| Nearest towns we cover | Muswell Hill (1 mi), Tottenham (2 mi), Archway (2 mi) |
| Distance from central London | About 6 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 Wood Green
- 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.
The terms that matter
Option fee
A payment on signing, which you usually keep even if the option isn't exercised.
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.
Exercise triggers
What has to happen before we can buy.
Land near Wood Green that an option agreement suits
Land with planning permission in Wood Green
Rarely needed once consent exists, but can suit phased sites.
Infill plots and gap sites in Wood Green
Seldom needed for single infill plots.
Small sites in Wood Green
Useful if land needs assembling from more than one owner.
Landlocked land and access problems in Wood Green
Useful while access is negotiated with neighbours.
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.
Common problems, and how we handle them
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
- 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
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.
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 you visit land near Wood Green?
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.
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 Wood Green
- Option agreements in Greater London
Find out what we'd pay for your land near Wood Green
A free appraisal tells you what we'd pay and why.