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Option agreements for land in Bethesda

We offer an option agreement on land across Gwynedd, including sites around Bethesda, Bangor and Caernarfon.

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

  • Figures explained, so you can check them
  • No pressure to decide
  • Independent advice encouraged

Get an offer for land in Bethesda

Free, no-obligation appraisal.

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

Where Bethesda sits

Our appraisals for Bethesda start with the LL57 postcode district and the OS grid square SH66, then widen out to Bangor, Caernarfon and Llangefni, all within about 12 miles.

North-west Wales, including Eryri National Park and Anglesey, where local need and the Welsh language feature in planning policy.

TownBethesda
CountyGwynedd
CountryWales
Postcode districtLL57
OS grid squareSH66
Nearest towns we coverBangor (4 mi), Caernarfon (9 mi), Llangefni (12 mi)
Distance from BangorAbout 4 miles south-east
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

Who an option agreement works best for

  • Land being considered in a local plan review
  • Owners happy to wait several years for a higher price
  • Land needing access or infrastructure to be unlocked
  • Owners who want to keep farming until development

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.

Exercise triggers

What has to happen before we can buy.

From first call to completion

  1. Send us the address

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

  2. We do the homework

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

  3. You get a written offer

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

  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're worried about the deductions

Ask for a clear list and a cap on what can be deducted. We'll explain each one.

You want to be sure we'll actually pursue planning

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

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

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.

Can you visit land near Bethesda?

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.

Get a straight answer about your land

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