0800 088 6248 Get an offer
Land we buyWays to sellAreasGuidesAbout Contact Get an offer

Option agreements for land in Welshpool

If you own land in or around Welshpool, option agreements is one of four ways you can sell it to us. Here's how it works and when it makes sense.

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
  • Figures explained, so you can check them
  • No pressure to decide

Tell us about your land

Send the postcode and a rough size.

Please enter your name.
Please enter a UK phone number.
Please enter a valid email address.
Please enter a postcode, or at least the first half.
Please tick the box so we can contact you.

Free and no obligation. We're the buyer, so there's no commission.

Welshpool at a glance

From Welshpool, it's 12 miles to Newtown and 14 miles to Oswestry. We buy land across that whole stretch of Powys, not only within the town.

A large rural county including much of Bannau Brycheiniog National Park, with small market towns spread across it.

TownWelshpool
CountyPowys
CountryWales
Postcode districtSY21
OS grid squareSJ20
Nearest towns we coverNewtown (12 mi), Oswestry (14 mi), Shrewsbury (17 mi)
Distance from NewtownAbout 12 miles north-east
Planning systemPlanning Policy Wales and Local Development Plan
When you're paidOption fee now, price when the option is exercised
Planning costsOurs, sometimes recoverable from the price
Two people in outdoor jackets walking along a hedgerow, one pointing across the field

Who an option agreement works best for

  • Land being considered in a local plan review
  • Land needing access or infrastructure to be unlocked
  • 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

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.

Deductions

Which planning and infrastructure costs come off the price before you're paid.

Your obligations

Agreements set what you can and can't do with the land in the meantime.

Land near Welshpool that an option agreement suits

Land without planning permission in Welshpool

We pay for the right to buy later and fund the planning work meanwhile.

Paddocks and equestrian land in Welshpool

Useful where the paddock could form part of a wider site.

Infill plots and gap sites in Welshpool

Seldom needed for single infill plots.

Landlocked land and access problems in Welshpool

Useful while access is negotiated with neighbours.

How a sale works

  1. Tell us about your land

    Send the postcode or address and a rough size.

  2. We check it properly

    Title, planning history, access, flood maps and local policy.

  3. You get a written offer

    With the main figures behind it, so your adviser can check it.

  4. The legal work

    Your solicitor and ours handle the contract through to completion.

Rules that apply in Wales

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.

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
  • Details of any tenants or grazing agreements
  • How soon you'd ideally like to sell

Common questions

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.

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 Welshpool?

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.

Also near Welshpool

More land we buy in Welshpool

Find out what we'd pay for your land near Welshpool

Send the postcode and a rough size. We'll check the title and planning position and come back to you.

Get an offerCall 0800 088 6248