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Option agreements for land in Ebbw Vale

If you own land near Ebbw Vale, you may be wondering whether an option agreement would suit you. The answer depends on your land's planning prospects and how soon you want to be paid.

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.

  • No commission: we're the buyer
  • No pressure to decide
  • Independent advice encouraged

Tell us about your land

Send the postcode and a rough size.

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Please enter a postcode, or at least the first half.
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Free and no obligation. We're the buyer, so there's no commission.

Where Ebbw Vale sits

The land we're most interested in near Ebbw Vale sits on the edge of the built-up area or in the villages towards Merthyr Tydfil (8 miles) and Blackwood (8 miles).

South-east Wales, from the Valleys towns to Newport and the Wye Valley National Landscape in Monmouthshire.

TownEbbw Vale
CountyGwent
CountryWales
Postcode districtNP23
OS grid squareSO10
Nearest towns we coverMerthyr Tydfil (8 mi), Blackwood (8 mi), Gelligaer (8 mi)
Distance from NewportAbout 16 miles north-west
Planning systemPlanning Policy Wales and Local Development 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?

  • Holdings where several owners need to work together
  • 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

If your land could be allocated in a future local plan, an option keeps it moving towards development without you funding the work.

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.

Your obligations

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

Land near Ebbw Vale that an option agreement suits

Barns and rural buildings in Ebbw Vale

Less common for single buildings but can suit whole farmyards.

Building plots in Ebbw Vale

Rarely needed for single plots.

Garage sites in Ebbw Vale

Rarely needed unless several garage owners are involved.

Redundant commercial and industrial land in Ebbw Vale

Useful where vacant possession is some way off.

What happens next

  1. Tell us about your land

    Send the postcode or address and a rough size.

  2. We do the homework

    We read the title and planning record and check flood risk and access.

  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.

What Wales's rules mean for your land

Planning framework

Planning in Wales follows Planning Policy Wales, the national plan Future Wales and the Local Development Plan, prepared by the council or, in a national park, the park authority. When plans are reviewed, landowners can put land forward as a candidate site.

Section 106 and CIL

Section 106 agreements apply in Wales, and a small number of Welsh councils charge the Community Infrastructure Levy.

Awkward details we deal with

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
  • Any planning applications or letters
  • Photos of the land and its access

Your questions answered

How long do options last?

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

Can I sell to someone else during the option?

Not usually. The option binds the land, and it's normally registered against your title.

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.

Can you visit land near Ebbw Vale?

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.

Option agreements near Ebbw Vale

Other land in Ebbw Vale

Get a straight answer about your land

A free appraisal tells you what we'd pay and why.

Get an offerCall 0800 088 6248