0800 088 6248 Get an offer
Land we buyWays to sellAreasGuidesAbout Contact Get an offer

Option agreements for land in Glyn-neath

If you own land near Glyn-neath, you may be wondering whether an option agreement would suit you. The answer depends on your land's planning prospects and how soon you want to be paid.

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
  • Independent advice encouraged

Tell us about your land

Free, no-obligation appraisal.

Please enter your name.
Please enter a UK phone number.
Please enter a valid email address.
Please enter a postcode, or at least the first half.
Please tick the box so we can contact you.

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

Glyn-neath at a glance

Glyn-neath lies in West Glamorgan, roughly 16 miles north-east of Swansea. Nearby, we also look at land around Ystalyfera (7 miles), Aberdare (8 miles) and Rhondda (9 miles).

Swansea and Neath Port Talbot, from former industrial sites to the Gower National Landscape.

TownGlyn-neath
CountyWest Glamorgan
CountryWales
Postcode districtSA11
OS grid squareSN80
Nearest towns we coverYstalyfera (7 mi), Aberdare (8 mi), Rhondda (9 mi)
Distance from SwanseaAbout 16 miles north-east
Planning systemPlanning Policy Wales and Local Development 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 Glyn-neath

  • Larger fields and blocks on the edge of towns and villages
  • Land being considered in a local plan review
  • Owners who want to keep farming until development
  • 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.

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.

Exercise triggers

What has to happen before we can buy.

Land near Glyn-neath that an option agreement suits

Land without planning permission in Glyn-neath

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

Farmland and agricultural land in Glyn-neath

Common for edge-of-town farmland promoted through the local plan.

Paddocks and equestrian land in Glyn-neath

Useful where the paddock could form part of a wider site.

Landlocked land and access problems in Glyn-neath

Useful while access is negotiated with neighbours.

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.

Rules that apply in Wales

Planning framework

Planning in Wales follows Planning Policy Wales, the national plan Future Wales and the Local Development Plan, prepared by the council or, in a national park, the park authority. When plans are reviewed, landowners can put land forward as a candidate site.

Section 106 and CIL

Section 106 agreements apply in Wales, and a small number of Welsh councils charge the Community Infrastructure Levy.

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'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 plan, or a screenshot from an online map
  • Your title number, if you know it
  • Details of any tenants or grazing agreements

Common questions

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.

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.

How do I get an offer for land in Glyn-neath?

Use the form on this page or call 0800 088 6248. Tell us the postcode, the rough size and anything you know about planning, and we'll come back to you.

Also near Glyn-neath

More land we buy in Glyn-neath

Find out what we'd pay for your land near Glyn-neath

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

Get an offerCall 0800 088 6248