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Option agreements for land in Haverhill

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

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.

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

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

Land around Haverhill

Land around Haverhill falls under England's planning system. The closest towns we also cover are Newmarket, 11 miles away, and Sudbury, 13 miles away, and Ipswich is 30 miles away.

Arable farmland, the Suffolk & Essex Coast & Heaths National Landscape and Dedham Vale. Suffolk has no designated green belt.

TownHaverhill
CountySuffolk
CountryEngland
Postcode districtCB9
OS grid squareTL64
Nearest towns we coverNewmarket (11 mi), Sudbury (13 mi), Braintree (15 mi)
Distance from IpswichAbout 30 miles 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

When an option agreement suits land near Haverhill

  • Larger fields and blocks on the edge of towns and villages
  • Owners happy to wait several years for a higher price
  • Land needing access or infrastructure to be unlocked
  • Sites with technical issues that need time to resolve

Options are the usual way to bring larger sites forward. They let us invest in planning while you keep ownership and the use of your land.

What to check in an option agreement

Purchase price

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

Term

How long we have to secure permission and exercise the option.

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.

From first call to completion

  1. Send us the address

    A postcode, a plan or a what3words location is enough to start.

  2. We do the homework

    We read the title and planning record and check flood risk and access.

  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.

Planning and legal points for land in Suffolk

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 want to be sure we'll actually pursue planning

Agreements can include obligations to use reasonable endeavours and set milestones.

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
  • Any planning applications or letters
  • Details of any tenants or grazing agreements

Your questions answered

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.

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.

Do you cover the villages around Haverhill?

Yes. Villages between Haverhill, Newmarket and Sudbury often have the kind of edge-of-settlement land we're looking for.

Get a straight answer about your land

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