Option agreements for land in Daventry
Choosing how to sell matters as much as choosing who to sell to. For land near Daventry, an option agreement trades certainty and timing in a particular way.
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.
- No commission: we're the buyer
- No pressure to decide
- We fund the planning work
Get an offer for land in Daventry
Free, no-obligation appraisal.
Daventry at a glance
Daventry (NN11) sits in OS grid square SP56, about 12 miles west of Northampton. Sites between here and Rugby or Northampton are just as much of interest to us.
Rolling farmland and expanding towns such as Northampton, Corby and Kettering, with no designated green belt.
| Town | Daventry |
|---|---|
| County | Northamptonshire |
| Country | England |
| Postcode district | NN11 |
| OS grid square | SP56 |
| Nearest towns we cover | Rugby (9 mi), Towcester (11 mi), Northampton (12 mi) |
| Distance from Northampton | About 12 miles west |
| 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
- Holdings where several owners need to work together
- Land needing access or infrastructure to be unlocked
- Owners who want to keep farming until development
If your land could be allocated in a future local plan, an option keeps it moving towards development without you funding the work.
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.
Minimum price
A floor that protects you if values fall.
Exercise triggers
What has to happen before we can buy.
Land near Daventry that an option agreement suits
Land without planning permission in Daventry
We pay for the right to buy later and fund the planning work meanwhile.
Farmland and agricultural land in Daventry
Common for edge-of-town farmland promoted through the local plan.
Small sites in Daventry
Useful if land needs assembling from more than one owner.
Landlocked land and access problems in Daventry
Useful while access is negotiated with neighbours.
From first call to completion
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.
The legal work
Your solicitor and ours handle the contract through to completion.
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 want to be sure we'll actually pursue planning
Agreements can include obligations to use reasonable endeavours and set milestones.
Useful to send us
- The address or postcode
- A plan, or a screenshot from an online map
- Any planning applications or letters
- Details of any tenants or grazing agreements
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.
Do I keep the option fee if you don't buy?
Normally, yes. The terms are set out in the 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 do I get an offer for land in Daventry?
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.
More land we buy in Daventry
- 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 Daventry
- Option agreements in Northamptonshire
Find out what we'd pay for your land near Daventry
Call 0800 088 6248 or send the details. There's no obligation.