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Option agreements for land in Wellington

For owners in Wellington and the TF1 area, an option agreement is worth understanding before you talk to any buyer, including us.

If your land could be allocated in a future local plan, an option keeps it moving towards development without you funding the work.

  • Free appraisal and written offer
  • No pressure to decide
  • Independent advice encouraged

Selling land near Wellington?

We'll check the title and planning, then call you.

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

Land around Wellington

From Wellington, it's 3 miles to Telford and 10 miles to Shrewsbury. We buy land across that whole stretch of Shropshire, not only within the town.

A rural county with the Shropshire Hills National Landscape, green belt in the east near the West Midlands, and growth around Shrewsbury and Telford.

TownWellington
CountyShropshire
CountryEngland
Postcode districtTF1
OS grid squareSJ61
Nearest towns we coverTelford (3 mi), Shrewsbury (10 mi), Bridgnorth (12 mi)
Distance from TelfordAbout 3 miles north-west
Planning systemNational Planning Policy Framework and local 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
  • Owners happy to wait several years for a higher price
  • Holdings where several owners need to work together
  • 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.

How the money works

Purchase price

Often a percentage of market value with permission, less agreed costs.

Deductions

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

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 Wellington that an option agreement suits

Land without planning permission in Wellington

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

Land for affordable homes in Wellington

Useful while housing need is evidenced and a scheme is prepared.

Building plots in Wellington

Rarely needed for single plots.

Landlocked land and access problems in Wellington

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.

What England's rules mean for your land

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 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 rough size, in acres or hectares
  • A plan, or a screenshot from an online map
  • How soon you'd ideally like to sell

Questions from landowners near Wellington

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.

Can I sell to someone else during the option?

Not usually. The option binds the land, and it's normally registered against your title.

Can you visit land near Wellington?

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 Wellington

Other land types and routes

Ready to talk about your land in Wellington?

Call 0800 088 6248 or send the details. There's no obligation.

Get an offerCall 0800 088 6248