Option agreements for land in Farnborough
If you own land near Farnborough, 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.
- No commission: we're the buyer
- Figures explained, so you can check them
- No pressure to decide
Get an offer for land in Farnborough
We'll check the title and planning, then call you.
Farnborough at a glance
The land we're most interested in near Farnborough sits on the edge of the built-up area or in the villages towards Camberley (3 miles) and Aldershot (3 miles).
Home to the New Forest and part of the South Downs National Park, with growth around Southampton, Portsmouth, Basingstoke and the market towns.
| Town | Farnborough |
|---|---|
| County | Hampshire |
| Country | England |
| Postcode district | GU11 |
| OS grid square | SU85 |
| Nearest towns we cover | Camberley (3 mi), Aldershot (3 mi), Fleet (3 mi) |
| Distance from Southampton | About 39 miles north-east |
| 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?
- Larger fields and blocks on the edge of towns and villages
- Land being considered in a local plan review
- Holdings where several owners need to work together
- Land needing access or infrastructure to be unlocked
An option can capture more of your land's value where it needs a long planning journey, but the details matter. We explain every term before you commit.
What to check in an option agreement
Option fee
A payment on signing, which you usually keep even if the option isn't exercised.
Purchase price
Often a percentage of market value with permission, less agreed costs.
Minimum price
A floor that protects you if values fall.
Deductions
Which planning and infrastructure costs come off the price before you're paid.
Land near Farnborough that an option agreement suits
Farmland and agricultural land in Farnborough
Common for edge-of-town farmland promoted through the local plan.
Garden land and backland in Farnborough
Useful when several neighbours' gardens are being assembled.
Small sites in Farnborough
Useful if land needs assembling from more than one owner.
Garage sites in Farnborough
Rarely needed unless several garage owners are involved.
How a sale works
Send us the address
A postcode, a plan or a what3words location is enough to start.
We check it properly
Title, planning history, access, flood maps and local policy.
We put an offer in writing
It shows how we got there. There's no obligation to accept.
Solicitors complete the sale
Exchange and complete, or exchange now and complete when planning is granted.
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.
Common problems, and how we handle them
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
- The address or postcode
- A rough size, in acres or hectares
- Any planning applications or letters
- Photos of the land and its access
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.
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 Farnborough?
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 Farnborough
- Option agreements in Hampshire
Find out what we'd pay for your land near Farnborough
Call 0800 088 6248 or send the details. There's no obligation.