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Option agreements for land in Accrington

If you own land in or around Accrington, option agreements is one of four ways you can sell it to us. Here's how it works and when it makes sense.

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.

  • Figures explained, so you can check them
  • Independent advice encouraged
  • We fund the planning work

Get an offer for land in Accrington

We'll check the title and planning, then call you.

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

Accrington at a glance

Accrington lies in Lancashire, about 14 miles east of Preston. Nearby, we also look at land around Rawtenstall (5 miles), Blackburn (5 miles) and Darwen (6 miles).

Farmland on the coastal plain, the Forest of Bowland National Landscape inland, and green belt around Preston, Blackpool and the east Lancashire towns.

TownAccrington
CountyLancashire
CountryEngland
Postcode districtBB5
OS grid squareSD72
Nearest towns we coverRawtenstall (5 mi), Blackburn (5 mi), Darwen (6 mi)
Distance from PrestonAbout 14 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?

  • Owners happy to wait several years for a higher price
  • Holdings where several owners need to work together
  • Owners who want to keep farming until development
  • Sites with technical issues that need time to resolve

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.

How the money works

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.

Term

How long we have to secure permission and exercise the option.

What happens next

  1. Tell us about your land

    Send the postcode or address and a rough size.

  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 Lancashire

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'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 plan, or a screenshot from an online map
  • Your title number, if you know it
  • Any planning applications or letters

What people ask us about an option agreement

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

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

Can I sell to someone else during the option?

Not usually. The option binds the land, and it's normally registered against your title.

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.

Do you cover the villages around Accrington?

Yes. Villages between Accrington, Rawtenstall and Blackburn often have the kind of edge-of-settlement land we're looking for.

Get a straight answer about your land

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