Option agreements for land in Powys
We offer an option agreement on land across Powys, including sites around Newtown, Brecon and Welshpool.
If your land could be allocated in a future local plan, an option keeps it moving towards development without you funding the work.
- No commission: we're the buyer
- No pressure to decide
- We fund the planning work
Get an offer for land in Powys
Send the postcode and a rough size.
Option agreements in Powys at a glance
A large rural county including much of Bannau Brycheiniog National Park, with small market towns spread across it.
| County | Powys |
|---|---|
| Country | Wales |
| Towns we cover here | 4 |
| Main town | Newtown |
| Example postcode districts | LD1, LD3, SY16, SY21 |
| Planning system | Planning Policy Wales and Local Development Plan |
| When you're paid | Option fee now, price when the option is exercised |
| Timescale | Often several years |
Is an option agreement right for your land?
- Larger fields and blocks on the edge of towns and villages
- Owners happy to wait several years for a higher price
- 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
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.
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.
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 an option agreement works for in Powys
Development land in Powys
Suits larger fields where the planning route may take several years.
Land with planning permission in Powys
Rarely needed once consent exists, but can suit phased sites.
Land without planning permission in Powys
We pay for the right to buy later and fund the planning work meanwhile.
Paddocks and equestrian land in Powys
Useful where the paddock could form part of a wider site.
Garden land and backland in Powys
Useful when several neighbours' gardens are being assembled.
Inherited and probate land in Powys
Can suit families who want to hold on while planning is explored.
How a sale works
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.
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.
What Wales's rules mean for your land
Planning framework
Planning in Wales follows Planning Policy Wales, the national plan Future Wales and the Local Development Plan, prepared by the council or, in a national park, the park authority. When plans are reviewed, landowners can put land forward as a candidate site.
Section 106 and CIL
Section 106 agreements apply in Wales, and a small number of Welsh councils charge the Community Infrastructure Levy.
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
- Your title number, if you know it
- Details of any tenants or grazing agreements
- How soon you'd ideally like to sell
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.
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.
Do you buy land in Powys?
Yes. We consider land across Powys, from Newtown to the smaller towns and villages. Whether we can make an offer depends on the land itself, and we'll tell you either way.
Find out what we'd pay for your land in Powys
Send the postcode and a rough size and we'll come back with a straight answer.