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Option agreements for land in Woodford Green

For owners in Woodford Green and the IG8 area, an option agreement is worth understanding before you talk to any buyer, including us.

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.

  • Free appraisal and written offer
  • Figures explained, so you can check them
  • Independent advice encouraged

Get an offer for land in Woodford Green

We'll check the title and planning, then call you.

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Free and no obligation. We're the buyer, so there's no commission.

Land around Woodford Green

Land around Woodford Green falls under England's planning system. The closest towns we also cover are Chingford, 2 miles away, and Walthamstow, 2 miles away, and central London is 10 miles away.

TownWoodford Green
CountyGreater London
CountryEngland
Postcode districtIG8
OS grid squareTQ49
Nearest towns we coverChingford (2 mi), Walthamstow (2 mi), Leytonstone (3 mi)
Distance from central LondonAbout 10 miles north-east
Planning systemNational Planning Policy Framework and local plan
When you're paidOption fee now, price when the option is exercised
Planning costsOurs, sometimes recoverable from the price
Two people in outdoor jackets walking along a hedgerow, one pointing across the field

Is an option agreement right for your land?

  • 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
  • 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.

The terms that matter

Purchase price

Often a percentage of market value with permission, less agreed costs.

Minimum price

A floor that protects you if values fall.

Term

How long we have to secure permission and exercise the option.

Exercise triggers

What has to happen before we can buy.

Land near Woodford Green that an option agreement suits

Garden land and backland in Woodford Green

Useful when several neighbours' gardens are being assembled.

Infill plots and gap sites in Woodford Green

Seldom needed for single infill plots.

Garage sites in Woodford Green

Rarely needed unless several garage owners are involved.

Brownfield land in Woodford Green

Can suit larger brownfield sites with a longer planning route.

What happens next

  1. Send us the address

    A postcode, a plan or a what3words location is enough to start.

  2. We check it properly

    Title, planning history, access, flood maps and local policy.

  3. We put an offer in writing

    It shows how we got there. There's no obligation to accept.

  4. 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

  • Your title number, if you know it
  • Any planning applications or letters
  • Details of any tenants or grazing agreements
  • Photos of the land and its access

Common questions

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 long do options last?

It varies with the site. Several years is typical for land needing local plan allocation, often with extension rights.

Do you buy land in Woodford Green?

Yes. We consider land in and around Woodford Green 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.

Nearby towns

Other land in Woodford Green

Ready to talk about your land in Woodford Green?

Send the postcode and a rough size. We'll check the title and planning position and come back to you.

Get an offerCall 0800 088 6248