Option agreements for land in Telford
Choosing how to sell matters as much as choosing who to sell to. For land near Telford, an option agreement trades certainty and timing in a particular way.
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.
- Free appraisal and written offer
- Figures explained, so you can check them
- We fund the planning work
Tell us about your land
We'll check the title and planning, then call you.
Where Telford sits
Our appraisals for Telford start with the TF3 postcode district and the OS grid square SJ60, then widen out to Wellington, Bridgnorth and Shrewsbury, all within about 13 miles.
A rural county with the Shropshire Hills National Landscape, green belt in the east near the West Midlands, and growth around Shrewsbury and Telford.
| Town | Telford |
|---|---|
| County | Shropshire |
| Country | England |
| Postcode district | TF3 |
| OS grid square | SJ60 |
| Nearest towns we cover | Wellington (3 mi), Bridgnorth (10 mi), Shrewsbury (13 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
- Land being considered in a local plan review
- Owners happy to wait several years for a higher price
- Land needing access or infrastructure to be unlocked
If your land could be allocated in a future local plan, an option keeps it moving towards development without you funding the work.
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.
Exercise triggers
What has to happen before we can buy.
Your obligations
Agreements set what you can and can't do with the land in the meantime.
Land near Telford that an option agreement suits
Paddocks and equestrian land in Telford
Useful where the paddock could form part of a wider site.
Small sites in Telford
Useful if land needs assembling from more than one owner.
Brownfield land in Telford
Can suit larger brownfield sites with a longer planning route.
Landlocked land and access problems in Telford
Useful while access is negotiated with neighbours.
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.
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.
Planning and legal points for land in Shropshire
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
- Your title number, if you know it
- Any planning applications or letters
Your questions answered
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.
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.
How do I get an offer for land in Telford?
Use the form on this page or call 0800 088 6248. Tell us the postcode, the rough size and anything you know about planning, and we'll come back to you.
More land we buy in Telford
- 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 Telford
- Option agreements in Shropshire
Get a straight answer about your land
A free appraisal tells you what we'd pay and why.