With an option agreement, you aren’t committed to buying the land until you have secured planning permission. Even then, you are under no obligation to buy the land. An option agreement offers a de-risked route to buying land without planning approval, which gives you greater scope to build a home-based on your own design.
With our experience in developing homes on land and unused spaces in cities, we only hold options for plots that we are confident will gain planning permission. They all have planning and conveyancing surveys completed on them before we take on the options.
As with any legal contract, it’s very important that you get INDEPENDENT LEGAL ADVICE before signing an option agreement.