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Option agreements for land in Fareham

For owners in Fareham and the PO16 area, an option agreement is worth understanding before you talk to any buyer, including us.

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
  • No pressure to decide
  • Independent advice encouraged

Selling land near Fareham?

Send the postcode and a rough size.

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

Land around Fareham

Fareham lies in Hampshire, some 10 miles east of Southampton. Nearby, we also look at land around Gosport (4 miles), Portsmouth (5 miles) and Waterlooville (7 miles).

TownFareham
CountyHampshire
CountryEngland
Postcode districtPO16
OS grid squareSU50
Nearest towns we coverGosport (4 mi), Portsmouth (5 mi), Waterlooville (7 mi)
Distance from SouthamptonAbout 10 miles east
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?

  • 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

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

Purchase price

Often a percentage of market value with permission, less agreed costs.

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 Fareham that an option agreement suits

Paddocks and equestrian land in Fareham

Useful where the paddock could form part of a wider site.

Barns and rural buildings in Fareham

Less common for single buildings but can suit whole farmyards.

Building plots in Fareham

Rarely needed for single plots.

Infill plots and gap sites in Fareham

Seldom needed for single infill plots.

What happens next

  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. 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.

Planning and legal points for land in Hampshire

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.

When the land isn't straightforward

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

  • A rough size, in acres or hectares
  • Any planning applications or letters
  • Details of any tenants or grazing agreements
  • How soon you'd ideally like to sell

What people ask us about an option agreement

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 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.

How do I get an offer for land in Fareham?

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.

Option agreements near Fareham

Other land types and routes

Get a straight answer about your land

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

Get an offerCall 0800 088 6248