Option agreements for land in Heywood
We offer an option agreement on land across Greater Manchester, including sites around Heywood, Middleton and Rochdale.
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 commission: we're the buyer
- Figures explained, so you can check them
- Independent advice encouraged
Tell us about your land
We'll check the title and planning, then call you.
Heywood at a glance
The land we're most interested in near Heywood sits on the edge of the built-up area or in the villages towards Middleton (3 miles) and Rochdale (3 miles).
A dense urban core where most new homes are on brownfield land, with green belt on the edges climbing towards the Pennines.
| Town | Heywood |
|---|---|
| County | Greater Manchester |
| Country | England |
| Postcode district | OL10 |
| OS grid square | SD81 |
| Nearest towns we cover | Middleton (3 mi), Rochdale (3 mi), Bury (3 mi) |
| Distance from Manchester | About 8 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 |

Who an option agreement works best for
- Land being considered in a local plan review
- 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
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.
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 Heywood that an option agreement suits
Land without planning permission in Heywood
We pay for the right to buy later and fund the planning work meanwhile.
Farmland and agricultural land in Heywood
Common for edge-of-town farmland promoted through the local plan.
Building plots in Heywood
Rarely needed for single plots.
Landlocked land and access problems in Heywood
Useful while access is negotiated with neighbours.
What happens next
Tell us about your land
Send the postcode or address and a rough size.
We do the homework
We read the title and planning record and check flood risk and access.
You get a written offer
With the main figures behind it, so your adviser can check it.
Solicitors complete the sale
Exchange and complete, or exchange now and complete when planning is granted.
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.
Common problems, and how we handle them
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
- A rough size, in acres or hectares
- A plan, or a screenshot from an online map
- Your title number, if you know it
- Details of any tenants or grazing agreements
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.
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 Heywood?
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 Heywood
Other land types and routes
- Development land
- Land with planning permission
- Land without planning permission
- Large strategic sites
- Green belt and grey belt land
- Land for affordable homes
- Farmland and agricultural land
- Paddocks and equestrian land
- Barns and rural buildings
- 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 Heywood
- Option agreements in Greater Manchester
Get a straight answer about your land
Call 0800 088 6248 or send the details. There's no obligation.