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Option agreements for land in the West Midlands

We offer an option agreement on land across the West Midlands, including sites around Birmingham, Coventry and Wolverhampton.

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
  • No pressure to decide

Get an offer for land in the West Midlands

Send the postcode and a rough size.

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

Option agreements in the West Midlands at a glance

Birmingham, Coventry, Wolverhampton and the Black Country, with extensive brownfield land and the West Midlands green belt around the edges.

CountyWest Midlands
CountryEngland
Towns we cover here24
Main townBirmingham
Example postcode districtsB1, B6, B8, B27, B28
Planning systemNational Planning Policy Framework and local plan
When you're paidOption fee now, price when the option is exercised
TimescaleOften several years
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
  • Holdings where several owners need to work together
  • Land needing access or infrastructure to be unlocked
  • Owners who want to keep farming until development

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

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.

What happens next

  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. We put an offer in writing

    It shows how we got there. There's no obligation to accept.

  4. Solicitors complete the sale

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

Planning and legal points for land in the West Midlands

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'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
  • Your title number, if you know it
  • Any planning applications or letters
  • How soon you'd ideally like to sell

Questions from landowners in the West Midlands

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 buy land in the West Midlands?

Yes. We consider land across the West Midlands, from Birmingham to the smaller towns and villages. Whether we can make an offer depends on the land itself, and we'll tell you either way.

Find out what we'd pay for your land in the West Midlands

Send the postcode and a rough size and we'll come back with a straight answer.