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Option agreements for land in Failsworth

We offer an option agreement on land across Greater Manchester, including sites around Failsworth, Droylsden and Ashton-under-Lyne.

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.

  • Free appraisal and written offer
  • No commission: we're the buyer
  • We fund the planning work

Tell us about your land

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 Failsworth

Land around Failsworth falls under England's planning system. The closest towns we also cover are Droylsden, 2 miles away, and Ashton-under-Lyne, 3 miles away, and Manchester is 3 miles away.

TownFailsworth
CountyGreater Manchester
CountryEngland
Postcode districtM35
OS grid squareSD80
Nearest towns we coverDroylsden (2 mi), Ashton-under-Lyne (3 mi), Chadderton (3 mi)
Distance from ManchesterAbout 3 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

When an option agreement suits land near Failsworth

  • Land being considered in a local plan review
  • Land needing access or infrastructure to be unlocked
  • 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.

How the money works

Option fee

A payment on signing, which you usually keep even if the option isn't exercised.

Purchase price

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

Deductions

Which planning and infrastructure costs come off the price before you're paid.

Exercise triggers

What has to happen before we can buy.

How a sale works

  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. You get a written offer

    With the main figures behind it, so your adviser can check it.

  4. The legal work

    Your solicitor and ours handle the contract through to completion.

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.

When the land isn't straightforward

You want to be sure we'll actually pursue planning

Agreements can include obligations to use reasonable endeavours and set milestones.

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

  • The address or postcode
  • A plan, or a screenshot from an online map
  • Your title number, if you know it
  • Details of any tenants or grazing agreements

What people ask us about an option agreement

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.

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.

Do you buy land in Failsworth?

Yes. We consider land in and around Failsworth and across Greater Manchester. Whether we can make an offer depends on the land itself, especially its access and planning prospects, and we'll tell you either way.

Ready to talk about your land in Failsworth?

Call 0800 088 6248 or send the details. There's no obligation.