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Option agreements for land in Radcliffe

If you own land in or around Radcliffe, option agreements is one of four ways you can sell it to us. Here's how it works and when it makes sense.

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.

  • Figures explained, so you can check them
  • Independent advice encouraged
  • We fund the planning work

Tell us about your land

Free, no-obligation appraisal.

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

Land around Radcliffe

Radcliffe lies in Greater Manchester, some 7 miles north-west of Manchester. Nearby, we also look at land around Whitefield (1 mile), Prestwich (3 miles) and Bury (3 miles).

TownRadcliffe
CountyGreater Manchester
CountryEngland
Postcode districtM26
OS grid squareSD70
Nearest towns we coverWhitefield (1 mi), Prestwich (3 mi), Bury (3 mi)
Distance from ManchesterAbout 7 miles north-west
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?

  • 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
  • Holdings where several owners need to work together

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

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.

Exercise triggers

What has to happen before we can buy.

Your obligations

Agreements set what you can and can't do with the land in the meantime.

Land near Radcliffe that an option agreement suits

Development land in Radcliffe

Suits larger fields where the planning route may take several years.

Large strategic sites in Radcliffe

The usual route: an option fee now and a price based on market value later.

Building plots in Radcliffe

Rarely needed for single plots.

Small sites in Radcliffe

Useful if land needs assembling from more than one owner.

What happens next

  1. Tell us about your land

    Send the postcode or address and a rough size.

  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. 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.

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 plan, or a screenshot from an online map
  • Any planning applications or letters
  • Photos of the land and its access
  • How soon you'd ideally like to sell

Questions from landowners near Radcliffe

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.

What's the difference between an option and a promotion agreement?

Under an option the buyer has the right to buy the land. Under a promotion agreement a promoter gets permission and then sells the land on the open market, taking a share of the proceeds. We offer options, not promotion agreements.

Do you cover the villages around Radcliffe?

Yes. Villages between Radcliffe, Whitefield and Prestwich often have the kind of edge-of-settlement land we're looking for.

Option agreements near Radcliffe

Other land in Radcliffe

Find out what we'd pay for your land near Radcliffe

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

Get an offerCall 0800 088 6248