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Option agreements for land in Market Harborough

If you own land in or around Market Harborough, 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.

  • No commission: we're the buyer
  • Figures explained, so you can check them
  • Independent advice encouraged

Tell us about your land

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

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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.

Land around Market Harborough

From Market Harborough, it's 5 miles to Desborough and 10 miles to Corby. We buy land across that whole stretch of Leicestershire, not only within the town.

Largely lowland farmland and growing towns. Unlike many Midlands counties, Leicestershire has no designated green belt.

TownMarket Harborough
CountyLeicestershire
CountryEngland
Postcode districtLE16
OS grid squareSP78
Nearest towns we coverDesborough (5 mi), Corby (10 mi), Kettering (10 mi)
Distance from LeicesterAbout 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 Market Harborough

  • Land being considered in a local plan review
  • Owners happy to wait several years for a higher price
  • Holdings where several owners need to work together
  • 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

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.

Exercise triggers

What has to happen before we can buy.

Land near Market Harborough that an option agreement suits

Land without planning permission in Market Harborough

We pay for the right to buy later and fund the planning work meanwhile.

Large strategic sites in Market Harborough

The usual route: an option fee now and a price based on market value later.

Land for affordable homes in Market Harborough

Useful while housing need is evidenced and a scheme is prepared.

Small sites in Market Harborough

Useful if land needs assembling from more than one owner.

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. Solicitors complete the sale

    Exchange and complete, or exchange now and complete when planning is granted.

Planning and legal points for land in Leicestershire

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
  • Your title number, if you know it

Questions from landowners near Market Harborough

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.

Can you visit land near Market Harborough?

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.

Option agreements near Market Harborough

Other land types and routes

Ready to talk about your land in Market Harborough?

Send the postcode and a rough size. We'll check the title and planning position and come back to you.

Get an offerCall 0800 088 6248