Option agreements for land in Melton Mowbray
Before you agree an option agreement on land near Melton Mowbray, it helps to know exactly when you'd be paid, who carries the planning risk and how the price is set.
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
- No commission: we're the buyer
- No pressure to decide
Selling land near Melton Mowbray?
Free, no-obligation appraisal.
Where Melton Mowbray sits
Melton Mowbray lies in Leicestershire, about 14 miles north-east of Leicester. Nearby, we also look at land around Oakham (9 miles), Humberstone (12 miles) and Loughborough (13 miles).
Largely lowland farmland and growing towns. Unlike many Midlands counties, Leicestershire has no designated green belt.
| Town | Melton Mowbray |
|---|---|
| County | Leicestershire |
| Country | England |
| Postcode district | LE13 |
| OS grid square | SK71 |
| Nearest towns we cover | Oakham (9 mi), Humberstone (12 mi), Loughborough (13 mi) |
| Distance from Leicester | About 14 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 |
Who an option agreement works best for
- Land being considered in a local plan review
- Land needing access or infrastructure to be unlocked
- Owners who want to keep farming until development
- Sites with technical issues that need time to resolve
If your land could be allocated in a future local plan, an option keeps it moving towards development without you funding the work.
The terms that matter
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.
Deductions
Which planning and infrastructure costs come off the price before you're paid.
Your obligations
Agreements set what you can and can't do with the land in the meantime.
Land near Melton Mowbray that an option agreement suits
Land with planning permission in Melton Mowbray
Rarely needed once consent exists, but can suit phased sites.
Land for affordable homes in Melton Mowbray
Useful while housing need is evidenced and a scheme is prepared.
Infill plots and gap sites in Melton Mowbray
Seldom needed for single infill plots.
Small sites in Melton Mowbray
Useful if land needs assembling from more than one owner.
How a sale works
Tell us about your land
Send the postcode or address and a rough size.
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.
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.
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 plan, or a screenshot from an online map
- Photos of the land and its access
- How soon you'd ideally like to sell
Your questions answered
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.
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 buy land in Melton Mowbray?
Yes. We consider land in and around Melton Mowbray and across Leicestershire. Whether we can make an offer depends on the land itself, especially its access and planning prospects, and we'll tell you either way.
Option agreements near Melton Mowbray
More land we buy in Melton Mowbray
- Development land
- Land with planning permission
- Land without planning permission
- Large strategic sites
- 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 Melton Mowbray
- Option agreements in Leicestershire
Ready to talk about your land in Melton Mowbray?
Send the postcode and a rough size. We'll check the title and planning position and come back to you.