Option agreements for land in Newcastle upon Tyne
Before you agree an option agreement on land near Newcastle upon Tyne, it helps to know exactly when you'd be paid, who carries the planning risk and how the price is set.
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.
- No commission: we're the buyer
- Figures explained, so you can check them
- We fund the planning work
Tell us about your land
Free, no-obligation appraisal.
Where Newcastle upon Tyne sits
From Newcastle upon Tyne, it's 1 mile to Gateshead and 2 miles to Gosforth. We buy land across that whole stretch of Tyne and Wear, not only within the town.
Newcastle, Sunderland, Gateshead and the surrounding boroughs, with brownfield land in the urban core and green belt on the fringe.
| Town | Newcastle upon Tyne |
|---|---|
| County | Tyne and Wear |
| Country | England |
| Postcode district | NE1 |
| OS grid square | NZ26 |
| Nearest towns we cover | Gateshead (1 mi), Gosforth (2 mi), Felling (2 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 |
Who an option agreement works best for
- 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
- 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.
How the money works
Option fee
A payment on signing, which you usually keep even if the option isn't exercised.
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.
Your obligations
Agreements set what you can and can't do with the land in the meantime.
Land near Newcastle upon Tyne that an option agreement suits
Land without planning permission in Newcastle upon Tyne
We pay for the right to buy later and fund the planning work meanwhile.
Large strategic sites in Newcastle upon Tyne
The usual route: an option fee now and a price based on market value later.
Building plots in Newcastle upon Tyne
Rarely needed for single plots.
Small sites in Newcastle upon Tyne
Useful if land needs assembling from more than one owner.
How a sale works
Tell us about your land
Send the postcode or address and a rough size.
We check it properly
Title, planning history, access, flood maps and local policy.
We put an offer in writing
It shows how we got there. There's no obligation to accept.
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.
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 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
- Any planning applications or letters
- Details of any tenants or grazing agreements
- Photos of the land and its access
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.
Do I keep the option fee if you don't buy?
Normally, yes. The terms are set out in the agreement.
How long do options last?
It varies with the site. Several years is typical for land needing local plan allocation, often with extension rights.
Do you cover the villages around Newcastle upon Tyne?
Yes. Villages between Newcastle upon Tyne, Gateshead and Gosforth often have the kind of edge-of-settlement land we're looking for.
Other land in Newcastle upon Tyne
- 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 Newcastle upon Tyne
- Option agreements in Tyne and Wear
Get a straight answer about your land
A free appraisal tells you what we'd pay and why.