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Option agreements for land in Sunderland

We offer an option agreement on land across Tyne and Wear, including sites around Sunderland, Seaham and Washington.

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.

  • Free appraisal and written offer
  • No pressure to decide
  • We fund the planning work

Get an offer for land in Sunderland

Free, no-obligation appraisal.

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

Land around Sunderland

From Sunderland, it's 5 miles to Seaham and 5 miles to Washington. 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.

TownSunderland
CountyTyne and Wear
CountryEngland
Postcode districtSR1
OS grid squareNZ35
Nearest towns we coverSeaham (5 mi), Washington (5 mi), Houghton-le-Spring (6 mi)
Distance from Newcastle upon TyneAbout 10 miles south-east
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
  • Land needing access or infrastructure to be unlocked
  • 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

Option fee

A payment on signing, which you usually keep even if the option isn't exercised.

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.

Deductions

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

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. Solicitors complete the sale

    Exchange and complete, or exchange now and complete when planning is granted.

Rules that apply in England

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
  • A rough size, in acres or hectares
  • Your title number, if you know it
  • How soon you'd ideally like to sell

Common questions

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.

Can I sell to someone else during the option?

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

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.

Do you buy land in Sunderland?

Yes. We consider land in and around Sunderland and across Tyne and Wear. Whether we can make an offer depends on the land itself, especially its access and planning prospects, and we'll tell you either way.

Get a straight answer about your land

A free appraisal tells you what we'd pay and why.