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Option agreements for land in East Dereham

Choosing how to sell matters as much as choosing who to sell to. For land near East Dereham, an option agreement trades certainty and timing in a particular way.

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

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East Dereham at a glance

Our appraisals for East Dereham start with the NR19 postcode district and the OS grid square TF91, then widen out to Attleborough, Norwich and Thetford, all within about 20 miles.

TownEast Dereham
CountyNorfolk
CountryEngland
Postcode districtNR19
OS grid squareTF91
Nearest towns we coverAttleborough (12 mi), Norwich (16 mi), Thetford (20 mi)
Distance from NorwichAbout 16 miles west
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 East Dereham

  • Land being considered in a local plan review
  • Owners happy to wait several years for a higher price
  • 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.

How the money works

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.

From first call to completion

  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. 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.

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 want to be sure we'll actually pursue planning

Agreements can include obligations to use reasonable endeavours and set milestones.

Useful to send us

  • A plan, or a screenshot from an online map
  • Any planning applications or letters
  • Photos of the land and its access
  • How soon you'd ideally like to sell

Questions from landowners near East Dereham

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.

How long do options last?

It varies with the site. Several years is typical for land needing local plan allocation, often with extension rights.

Do you buy land in East Dereham?

Yes. We consider land in and around East Dereham and across Norfolk. Whether we can make an offer depends on the land itself, especially its access and planning prospects, and we'll tell you either way.

Get a straight answer about your land

A free appraisal tells you what we'd pay and why.