Option agreements for land in Northampton
If you own land near Northampton, you may be wondering whether an option agreement would suit you. The answer depends on your land's planning prospects and how soon you want to be paid.
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
- Figures explained, so you can check them
- No pressure to decide
Get an offer for land in Northampton
Send the postcode and a rough size.
Land around Northampton
Land around Northampton falls under England's planning system. The closest towns we also cover are Wellingborough, 9 miles away, and Towcester, 9 miles away.
| Town | Northampton |
|---|---|
| County | Northamptonshire |
| Country | England |
| Postcode district | NN1 |
| OS grid square | SP76 |
| Nearest towns we cover | Wellingborough (9 mi), Towcester (9 mi), Daventry (12 mi) |
| 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
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.
What to check in an option agreement
Purchase price
Often a percentage of market value with permission, less agreed costs.
Minimum price
A floor that protects you if values fall.
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 Northampton that an option agreement suits
Farmland and agricultural land in Northampton
Common for edge-of-town farmland promoted through the local plan.
Paddocks and equestrian land in Northampton
Useful where the paddock could form part of a wider site.
Building plots in Northampton
Rarely needed for single plots.
Small sites in Northampton
Useful if land needs assembling from more than one owner.
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.
We put an offer in writing
It shows how we got there. There's no obligation to accept.
Solicitors complete the sale
Exchange and complete, or exchange now and complete when planning is granted.
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.
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
- The address or postcode
- A rough size, in acres or hectares
- Your title number, if you know it
- 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.
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 Northampton?
Yes. We consider land in and around Northampton and across Northamptonshire. 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 Northampton
More land we buy in Northampton
- 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 Northampton
- Option agreements in Northamptonshire
Ready to talk about your land in Northampton?
Send the postcode and a rough size. We'll check the title and planning position and come back to you.