Option agreements for land in Boston
If you own land near Boston, 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
- No commission: we're the buyer
- Figures explained, so you can check them
Selling land near Boston?
We'll check the title and planning, then call you.
Land around Boston
Boston lies in Lincolnshire, roughly 27 miles south-east of Lincoln. Nearby, we also look at land around Spalding (14 miles), Skegness (19 miles) and Wisbech (23 miles).
A large arable county with the Lincolnshire Wolds National Landscape and wide low-lying areas where flood risk guides new building.
| Town | Boston |
|---|---|
| County | Lincolnshire |
| Country | England |
| Postcode district | PE21 |
| OS grid square | TF34 |
| Nearest towns we cover | Spalding (14 mi), Skegness (19 mi), Wisbech (23 mi) |
| Distance from Lincoln | About 27 miles south-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 |
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
- Land needing access or infrastructure to be unlocked
- 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.
What to check in an option agreement
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 Boston that an option agreement suits
Land with planning permission in Boston
Rarely needed once consent exists, but can suit phased sites.
Land for affordable homes in Boston
Useful while housing need is evidenced and a scheme is prepared.
Garden land and backland in Boston
Useful when several neighbours' gardens are being assembled.
Garage sites in Boston
Rarely needed unless several garage owners are involved.
What happens next
Tell us about your land
Send the postcode or address and a rough size.
We do the homework
We read the title and planning record and check flood risk and access.
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'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
- Photos of the land and its access
- How soon you'd ideally like to sell
What people ask us about an option 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.
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.
Do you buy land in Boston?
Yes. We consider land in and around Boston and across Lincolnshire. Whether we can make an offer depends on the land itself, especially its access and planning prospects, and we'll tell you either way.
More land we buy in Boston
- 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 Boston
- Option agreements in Lincolnshire
Find out what we'd pay for your land near Boston
Call 0800 088 6248 or send the details. There's no obligation.