Option agreements for land in Polesworth
If you own land in or around Polesworth, 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.
- No commission: we're the buyer
- Figures explained, so you can check them
- No pressure to decide
Selling land near Polesworth?
Send the postcode and a rough size.
Land around Polesworth
Our appraisals for Polesworth start with the B78 postcode district and the OS grid square SK20, then widen out to Tamworth, Atherstone and Hartshill, all within about 6 miles.
Farmland and historic towns, with the West Midlands green belt across much of the north and west of the county.
| Town | Polesworth |
|---|---|
| County | Warwickshire |
| Country | England |
| Postcode district | B78 |
| OS grid square | SK20 |
| Nearest towns we cover | Tamworth (4 mi), Atherstone (4 mi), Hartshill (6 mi) |
| Distance from Nuneaton | About 9 miles north-west |
| 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?
- Land being considered in a local plan review
- Holdings where several owners need to work together
- 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
Purchase price
Often a percentage of market value with permission, less agreed costs.
Minimum price
A floor that protects you if values fall.
Term
How long we have to secure permission and exercise the option.
Your obligations
Agreements set what you can and can't do with the land in the meantime.
Land near Polesworth that an option agreement suits
Green belt and grey belt land in Polesworth
Common for green belt land promoted through a local plan review.
Land for affordable homes in Polesworth
Useful while housing need is evidenced and a scheme is prepared.
Infill plots and gap sites in Polesworth
Seldom needed for single infill plots.
Garage sites in Polesworth
Rarely needed unless several garage owners are involved.
What happens next
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.
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.
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.
Common problems, and how we handle them
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
- The address or postcode
- A rough size, in acres or hectares
- Your title number, if you know it
- Details of any tenants or grazing agreements
What people ask us about an option agreement
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.
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 Polesworth?
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 Polesworth
Other land types and routes
- 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 Polesworth
- Option agreements in Warwickshire
Find out what we'd pay for your land near Polesworth
A free appraisal tells you what we'd pay and why.