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Option agreements for land in Wigston

If you own land near Wigston, you may be wondering whether an option agreement would suit you. The answer depends on your land's planning prospects and how soon you want to be paid.

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
  • We fund the planning work

Get an offer for land in Wigston

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

Land around Wigston

Wigston lies in Leicestershire, about 4 miles south-east of Leicester. Nearby, we also look at land around Oadby (2 miles), Leicester (4 miles) and Humberstone (5 miles).

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

TownWigston
CountyLeicestershire
CountryEngland
Postcode districtLE18
OS grid squareSP69
Nearest towns we coverOadby (2 mi), Leicester (4 mi), Humberstone (5 mi)
Distance from LeicesterAbout 4 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

Is an option agreement right for your land?

  • 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
  • Owners who want to keep farming until development

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.

Term

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

Your obligations

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

Land near Wigston that an option agreement suits

Development land in Wigston

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

Large strategic sites in Wigston

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

Infill plots and gap sites in Wigston

Seldom needed for single infill plots.

Landlocked land and access problems in Wigston

Useful while access is negotiated with neighbours.

What happens next

  1. Send us the address

    A postcode, a plan or a what3words location is enough to start.

  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 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.

When the land isn't straightforward

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 rough size, in acres or hectares
  • A plan, or a screenshot from an online map
  • Any planning applications or letters

Your questions answered

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.

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.

Can you visit land near Wigston?

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 Wigston

More land we buy in Wigston

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