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Option agreements for land in Gosport

For owners in Gosport and the PO12 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.

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Gosport at a glance

Gosport (PO12) sits in OS grid square SZ69, some 14 miles south-east of Southampton. Sites between here and Portsmouth or Ryde are just as much of interest to us.

Home to the New Forest and part of the South Downs National Park, with growth around Southampton, Portsmouth, Basingstoke and the market towns.

TownGosport
CountyHampshire
CountryEngland
Postcode districtPO12
OS grid squareSZ69
Nearest towns we coverPortsmouth (2 mi), Fareham (4 mi), Ryde (5 mi)
Distance from SouthamptonAbout 14 miles south-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

When an option agreement suits land near Gosport

  • Larger fields and blocks on the edge of towns and villages
  • 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.

What to check in an option agreement

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.

How a sale works

  1. Tell us about your land

    Send the postcode or address and a rough size.

  2. We check it properly

    Title, planning history, access, flood maps and local policy.

  3. You get a written offer

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

  4. The legal work

    Your solicitor and ours handle the contract through to completion.

What England's rules mean for your land

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 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 plan, or a screenshot from an online map
  • Your title number, if you know it
  • Any planning applications or letters
  • How soon you'd ideally like to sell

Your questions answered

Do I keep the option fee if you don't buy?

Normally, yes. The terms are set out in the agreement.

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.

Do you cover the villages around Gosport?

Yes. Villages between Gosport, Portsmouth and Fareham often have the kind of edge-of-settlement land we're looking for.

Find out what we'd pay for your land near Gosport

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