Option agreements for land in Nottingham
We offer an option agreement on land across Nottinghamshire, including sites around Nottingham, West Bridgford and Arnold.
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
- Independent advice encouraged
- We fund the planning work
Get an offer for land in Nottingham
We'll check the title and planning, then call you.
Where Nottingham sits
The land we're most interested in near Nottingham sits on the edge of the built-up area or in the villages towards West Bridgford (2 miles) and Arnold (3 miles).
Former coalfield towns, farmland and Sherwood Forest, with the Nottingham and Derby green belt wrapped around the city.
| Town | Nottingham |
|---|---|
| County | Nottinghamshire |
| Country | England |
| Postcode district | NG1 |
| OS grid square | SK53 |
| Nearest towns we cover | West Bridgford (2 mi), Arnold (3 mi), Hucknall (6 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 |
Is an option agreement right for your land?
- Larger fields and blocks on the edge of towns and villages
- Holdings where several owners need to work together
- 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.
What to check in an option agreement
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.
Land near Nottingham that an option agreement suits
Large strategic sites in Nottingham
The usual route: an option fee now and a price based on market value later.
Barns and rural buildings in Nottingham
Less common for single buildings but can suit whole farmyards.
Garden land and backland in Nottingham
Useful when several neighbours' gardens are being assembled.
Garage sites in Nottingham
Rarely needed unless several garage owners are involved.
What happens next
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.
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.
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 Nottingham
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 Nottingham?
Yes. We consider land in and around Nottingham and across Nottinghamshire. Whether we can make an offer depends on the land itself, especially its access and planning prospects, and we'll tell you either way.
Option agreements near Nottingham
Other land in Nottingham
- 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 Nottingham
- Option agreements in Nottinghamshire
Find out what we'd pay for your land near Nottingham
Send the postcode and a rough size. We'll check the title and planning position and come back to you.