Option agreements for land in Andover
If you own land near Andover, 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.
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.
- Free appraisal and written offer
- No commission: we're the buyer
- Independent advice encouraged
Selling land near Andover?
Send the postcode and a rough size.
Where Andover sits
From Andover, it's 13 miles to Winchester and 15 miles to Newbury. We buy land across that whole stretch of Hampshire, not only within the town.
| Town | Andover |
|---|---|
| County | Hampshire |
| Country | England |
| Postcode district | SP10 |
| OS grid square | SU34 |
| Nearest towns we cover | Winchester (13 mi), Newbury (15 mi), Salisbury (16 mi) |
| Distance from Southampton | About 22 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 |
Is an option agreement right for your land?
- Owners happy to wait several years for a higher price
- Holdings where several owners need to work together
- 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.
What to check in an option agreement
Option fee
A payment on signing, which you usually keep even if the option isn't exercised.
Term
How long we have to secure permission and exercise the option.
Deductions
Which planning and infrastructure costs come off the price before you're paid.
Exercise triggers
What has to happen before we can buy.
Land near Andover that an option agreement suits
Development land in Andover
Suits larger fields where the planning route may take several years.
Land for affordable homes in Andover
Useful while housing need is evidenced and a scheme is prepared.
Barns and rural buildings in Andover
Less common for single buildings but can suit whole farmyards.
Small sites in Andover
Useful if land needs assembling from more than one owner.
From first call to completion
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.
The legal work
Your solicitor and ours handle the contract through to completion.
Rules that apply in England
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
- The address or postcode
- A rough size, in acres or hectares
- A plan, or a screenshot from an online map
- Any planning applications or letters
Questions from landowners near Andover
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.
Can you visit land near Andover?
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.
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 Andover
- Option agreements in Hampshire
Find out what we'd pay for your land near Andover
A free appraisal tells you what we'd pay and why.