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Option agreements for land in Lancaster

We offer an option agreement on land across Lancashire, including sites around Lancaster, Morecambe and Fleetwood.

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
  • Figures explained, so you can check them
  • No pressure to decide

Tell us about your land

Send the postcode and a rough size.

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Please enter a postcode, or at least the first half.
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Free and no obligation. We're the buyer, so there's no commission.

Where Lancaster sits

Our appraisals for Lancaster start with the LA1 postcode district and the OS grid square SD46, then widen out to Morecambe, Fleetwood and Thornton-Cleveleys, all within about 15 miles.

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

TownLancaster
CountyLancashire
CountryEngland
Postcode districtLA1
OS grid squareSD46
Nearest towns we coverMorecambe (3 mi), Fleetwood (12 mi), Thornton-Cleveleys (15 mi)
Distance from PrestonAbout 20 miles north
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 Lancaster

  • Larger fields and blocks on the edge of towns and villages
  • Land being considered in a local plan review
  • Land needing access or infrastructure to be unlocked
  • Sites with technical issues that need time to resolve

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.

The terms that matter

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.

Exercise triggers

What has to happen before we can buy.

Your obligations

Agreements set what you can and can't do with the land in the meantime.

Land near Lancaster that an option agreement suits

Development land in Lancaster

Suits larger fields where the planning route may take several years.

Building plots in Lancaster

Rarely needed for single plots.

Infill plots and gap sites in Lancaster

Seldom needed for single infill plots.

Landlocked land and access problems in Lancaster

Useful while access is negotiated with neighbours.

How a sale works

  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 want to be sure we'll actually pursue planning

Agreements can include obligations to use reasonable endeavours and set milestones.

Useful to send us

  • The address or postcode
  • A rough size, in acres or hectares
  • A plan, or a screenshot from an online map
  • Photos of the land and its access

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 Lancaster?

Yes. Villages between Lancaster, Morecambe and Fleetwood often have the kind of edge-of-settlement land we're looking for.

Option agreements near Lancaster

Other land types and routes

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

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

Get an offerCall 0800 088 6248