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Option agreements for land in Sutton Coldfield

If you own land in or around Sutton Coldfield, 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.

  • Figures explained, so you can check them
  • Independent advice encouraged
  • We fund the planning work

Tell us about your land

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

Sutton Coldfield at a glance

Sutton Coldfield (B73) sits in OS grid square SP19, roughly 7 miles north-east of Birmingham. Sites between here and Washwood Heath or Aston are just as much of interest to us.

TownSutton Coldfield
CountyWest Midlands
CountryEngland
Postcode districtB73
OS grid squareSP19
Nearest towns we coverWashwood Heath (5 mi), Aldridge (5 mi), Aston (5 mi)
Distance from BirminghamAbout 7 miles north-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

When an option agreement suits land near Sutton Coldfield

  • Larger fields and blocks on the edge of towns and villages
  • 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

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.

What to check in an option agreement

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.

Minimum price

A floor that protects you if values fall.

Exercise triggers

What has to happen before we can buy.

Land near Sutton Coldfield that an option agreement suits

Paddocks and equestrian land in Sutton Coldfield

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

Barns and rural buildings in Sutton Coldfield

Less common for single buildings but can suit whole farmyards.

Infill plots and gap sites in Sutton Coldfield

Seldom needed for single infill plots.

Brownfield land in Sutton Coldfield

Can suit larger brownfield sites with a longer planning route.

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. We put an offer in writing

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

  4. 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 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

  • A rough size, in acres or hectares
  • A plan, or a screenshot from an online map
  • Your title number, if you know it
  • How soon you'd ideally like to sell

Your questions answered

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.

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.

Do you buy land in Sutton Coldfield?

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

Also near Sutton Coldfield

More land we buy in Sutton Coldfield

Ready to talk about your land in Sutton Coldfield?

Send the postcode and a rough size. We'll check the title and planning position and come back to you.

Get an offerCall 0800 088 6248