Option agreements for land in Thornaby-on-Tees
We offer an option agreement on land across North Yorkshire, including sites around Thornaby-on-Tees, Stockton-on-Tees and Yarm.
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.
- No commission: we're the buyer
- Figures explained, so you can check them
- We fund the planning work
Tell us about your land
Free, no-obligation appraisal.
Land around Thornaby-on-Tees
From Thornaby-on-Tees, it's 3 miles to Stockton-on-Tees and 3 miles to Yarm. We buy land across that whole stretch of North Yorkshire, not only within the town.
England's largest county, taking in the Yorkshire Dales and North York Moors National Parks, with green belt around York.
| Town | Thornaby-on-Tees |
|---|---|
| County | North Yorkshire |
| Country | England |
| Postcode district | TS17 |
| OS grid square | NZ41 |
| Nearest towns we cover | Stockton-on-Tees (3 mi), Yarm (3 mi), Billingham (4 mi) |
| Distance from York | About 41 miles north |
| 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 |
Who an option agreement works best for
- 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
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.
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.
Exercise triggers
What has to happen before we can buy.
Land near Thornaby-on-Tees that an option agreement suits
Land with planning permission in Thornaby-on-Tees
Rarely needed once consent exists, but can suit phased sites.
Land for affordable homes in Thornaby-on-Tees
Useful while housing need is evidenced and a scheme is prepared.
Brownfield land in Thornaby-on-Tees
Can suit larger brownfield sites with a longer planning route.
Landlocked land and access problems in Thornaby-on-Tees
Useful while access is negotiated with neighbours.
From first call to completion
Send us the address
A postcode, a plan or a what3words location is enough to start.
We do the homework
We read the title and planning record and check flood risk and access.
You get a written offer
With the main figures behind it, so your adviser can check it.
The legal work
Your solicitor and ours handle the contract through to completion.
Rules that apply in England
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'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
- Your title number, if you know it
Questions from landowners near Thornaby-on-Tees
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.
Can I sell to someone else during the option?
Not usually. The option binds the land, and it's normally registered against your title.
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 Thornaby-on-Tees?
Yes. We consider land in and around Thornaby-on-Tees and across North Yorkshire. Whether we can make an offer depends on the land itself, especially its access and planning prospects, and we'll tell you either way.
Also near Thornaby-on-Tees
More land we buy in Thornaby-on-Tees
- Development land
- Land with planning permission
- Land without planning permission
- Large strategic sites
- Green belt and grey belt land
- 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 Thornaby-on-Tees
- Option agreements in North Yorkshire
Get a straight answer about your land
A free appraisal tells you what we'd pay and why.