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Option agreements for land in Maesteg

Before you agree an option agreement on land near Maesteg, it helps to know exactly when you'd be paid, who carries the planning risk and how the price is set.

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.

  • No commission: we're the buyer
  • No pressure to decide
  • We fund the planning work

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.

Maesteg at a glance

Maesteg lies in Mid Glamorgan, roughly 10 miles west of Rhondda. Nearby, we also look at land around Briton Ferry (7 miles), Neath (7 miles) and Bridgend (8 miles).

TownMaesteg
CountyMid Glamorgan
CountryWales
Postcode districtCF34
OS grid squareSS89
Nearest towns we coverBriton Ferry (7 mi), Neath (7 mi), Bridgend (8 mi)
Distance from RhonddaAbout 10 miles west
Planning systemPlanning Policy Wales and Local Development 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?

  • 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
  • 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.

Purchase price

Often a percentage of market value with permission, less agreed costs.

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 Maesteg that an option agreement suits

Farmland and agricultural land in Maesteg

Common for edge-of-town farmland promoted through the local plan.

Barns and rural buildings in Maesteg

Less common for single buildings but can suit whole farmyards.

Infill plots and gap sites in Maesteg

Seldom needed for single infill plots.

Redundant commercial and industrial land in Maesteg

Useful where vacant possession is some way off.

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. 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.

What Wales's rules mean for your land

Planning framework

Planning in Wales follows Planning Policy Wales, the national plan Future Wales and the Local Development Plan, prepared by the council or, in a national park, the park authority. When plans are reviewed, landowners can put land forward as a candidate site.

Section 106 and CIL

Section 106 agreements apply in Wales, and a small number of Welsh councils charge the Community Infrastructure Levy.

Awkward details we deal with

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
  • Your title number, if you know it
  • Details of any tenants or grazing agreements
  • Photos of the land and its access

Common questions

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 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.

How do I get an offer for land in Maesteg?

Use the form on this page or call 0800 088 6248. Tell us the postcode, the rough size and anything you know about planning, and we'll come back to you.

Nearby towns

Other land in Maesteg

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

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