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Option agreements for land in Great Yarmouth

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

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.

  • Free appraisal and written offer
  • Independent advice encouraged
  • We fund the planning work

Selling land near Great Yarmouth?

Free, no-obligation appraisal.

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

Where Great Yarmouth sits

Great Yarmouth (NR30) sits in OS grid square TG50, about 18 miles east of Norwich. Sites between here and Bradwell or Beccles are just as much of interest to us.

TownGreat Yarmouth
CountyNorfolk
CountryEngland
Postcode districtNR30
OS grid squareTG50
Nearest towns we coverBradwell (3 mi), Lowestoft (9 mi), Beccles (12 mi)
Distance from NorwichAbout 18 miles 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

When an option agreement suits land near Great Yarmouth

  • Larger fields and blocks on the edge of towns and villages
  • Land being considered in a local plan review
  • Holdings where several owners need to work together
  • 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.

How the money works

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.

Deductions

Which planning and infrastructure costs come off the price before you're paid.

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. The legal work

    Your solicitor and ours handle the contract through to completion.

Planning and legal points for land in Norfolk

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.

Awkward details we deal with

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

  • A rough size, in acres or hectares
  • Any planning applications or letters
  • Details of any tenants or grazing agreements
  • Photos of the land and its access

Common questions

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.

How do I get an offer for land in Great Yarmouth?

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.

Get a straight answer about your land

Send the postcode and a rough size. We'll check the title and planning position and come back to you.