Option agreements for land in Washwood Heath
If you own land near Washwood Heath, 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.
If your land could be allocated in a future local plan, an option keeps it moving towards development without you funding the work.
- Free appraisal and written offer
- No commission: we're the buyer
- No pressure to decide
Get an offer for land in Washwood Heath
We'll check the title and planning, then call you.
Where Washwood Heath sits
From Washwood Heath, it's 2 miles to Aston and 3 miles to Birmingham. We buy land across that whole stretch of the West Midlands, not only within the town.
Birmingham, Coventry, Wolverhampton and the Black Country, with extensive brownfield land and the West Midlands green belt around the edges.
| Town | Washwood Heath |
|---|---|
| County | West Midlands |
| Country | England |
| Postcode district | B8 |
| OS grid square | SP18 |
| Nearest towns we cover | Aston (2 mi), Birmingham (3 mi), Acocks Green (4 mi) |
| Distance from Birmingham | About 3 miles north-east |
| 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
Option fee
A payment on signing, which you usually keep even if the option isn't exercised.
Minimum price
A floor that protects you if values fall.
Deductions
Which planning and infrastructure costs come off the price before you're paid.
Your obligations
Agreements set what you can and can't do with the land in the meantime.
Land near Washwood Heath that an option agreement suits
Land with planning permission in Washwood Heath
Rarely needed once consent exists, but can suit phased sites.
Garden land and backland in Washwood Heath
Useful when several neighbours' gardens are being assembled.
Infill plots and gap sites in Washwood Heath
Seldom needed for single infill plots.
Landlocked land and access problems in Washwood Heath
Useful while access is negotiated with neighbours.
How a sale works
Tell us about your land
Send the postcode or address and a rough size.
We do the homework
We read the title and planning record and check flood risk and access.
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.
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.
When the land isn't straightforward
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
- A rough size, in acres or hectares
- Any planning applications or letters
- Details of any tenants or grazing agreements
- How soon you'd ideally like to sell
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 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 cover the villages around Washwood Heath?
Yes. Villages between Washwood Heath, Aston and Birmingham often have the kind of edge-of-settlement land we're looking for.
Option agreements near Washwood Heath
More land we buy in Washwood Heath
- 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 Washwood Heath
- Option agreements in the West Midlands
Ready to talk about your land in Washwood Heath?
A free appraisal tells you what we'd pay and why.