Option agreements for land in Banbury
We offer an option agreement on land across Oxfordshire, including sites around Banbury, Brackley and Bicester.
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
- No pressure to decide
Selling land near Banbury?
We'll check the title and planning, then call you.
Land around Banbury
The land we're most interested in near Banbury sits on the edge of the built-up area or in the villages towards Brackley (8 miles) and Bicester (14 miles).
The Cotswolds and North Wessex Downs National Landscapes, the Oxford green belt, and growth at towns such as Bicester, Didcot and Banbury.
| Town | Banbury |
|---|---|
| County | Oxfordshire |
| Country | England |
| Postcode district | OX16 |
| OS grid square | SP44 |
| Nearest towns we cover | Brackley (8 mi), Bicester (14 mi), Daventry (15 mi) |
| Distance from Oxford | About 22 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 |
Is an option agreement right for your land?
- Larger fields and blocks on the edge of towns and villages
- Land being considered in a local plan review
- Owners happy to wait several years for a higher price
- Sites with technical issues that need time to resolve
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 Banbury that an option agreement suits
Farmland and agricultural land in Banbury
Common for edge-of-town farmland promoted through the local plan.
Paddocks and equestrian land in Banbury
Useful where the paddock could form part of a wider site.
Small sites in Banbury
Useful if land needs assembling from more than one owner.
Garage sites in Banbury
Rarely needed unless several garage owners are involved.
What happens next
Send us the address
A postcode, a plan or a what3words location is enough to start.
We check it properly
Title, planning history, access, flood maps and local policy.
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.
Planning and legal points for land in Oxfordshire
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'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
- A plan, or a screenshot from an online map
- Photos of the land and its access
- How soon you'd ideally like to sell
Questions from landowners near Banbury
Do I keep the option fee if you don't buy?
Normally, yes. The terms are set out in the agreement.
How long do options last?
It varies with the site. Several years is typical for land needing local plan allocation, often with extension rights.
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.
Can you visit land near Banbury?
Yes. Once we've looked at the title and planning position, we arrange a site visit if the land looks suitable. Send the address or postcode to start.
Option agreements near Banbury
Other land in Banbury
- 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 Banbury
- Option agreements in Oxfordshire
Find out what we'd pay for your land near Banbury
Send the postcode and a rough size. We'll check the title and planning position and come back to you.