- Planning authority
- Cornwall Council
- Postcodes
- TR18, TR20
- Noon sun, 21 March
- About 40°
- Shadow from a 5 m eaves line
- About 6.0 m
- Planning plan
- Local Plan
- County
- Cornwall
How it plays out in Penzance
Garden plots rarely sit alone. Where several long gardens run side by side, whether in Penzance, in nearby Camborne, Redruth and Falmouth or anywhere else, a scheme across two or three of them can be much stronger than one squeezed into a single plot.
Options are a common way to bring those gardens together. Each owner grants an option on their own land, and an agreement between the owners can share the outcome fairly, even though only one garden provides the access. Cornwall Council would then consider one well-planned scheme instead of several piecemeal ones.
From first call to decision
To explore an option on your Penzance garden, send us your address and a few details. We check the title, access and planning background, then call you with an honest view. If an option looks right, heads of terms set out the period, the price formula, the minimum price and the cap on your legal fees, which we cover.
Free plot appraisal
We look at your title, the access, the planning history and the policies that apply, then tell you honestly whether an option, an outright sale or a conditional contract fits your plot best. It costs you nothing.
Heads of terms
We set out the option period, the price formula and minimum price, any option fee, our planning obligations and the cap on your reasonable legal fees, which we cover. Nothing is binding at this stage.
Sign the option
Your solicitor and ours agree the option agreement and the plan of the plot. Once it is signed, the option is noted on your title, and you carry on living in your house and using the garden as normal.
Exercise or lapse
If an acceptable permission is granted, we serve notice, the price is fixed by the formula and the sale completes in the agreed time. If not, the option lapses, the entry comes off your title and the land stays yours.
Worth checking early
- Options have their own Capital Gains Tax treatment, so take advice from a tax adviser before signing.
- We have the right to buy, not a duty, so a sale isn’t certain even after a long wait.
- Your plot is tied up for the option period and can’t be sold to anyone else meanwhile.
Your questions, answered for Penzance
Do I still own my garden in Penzance during an option?
Yes. An option is a right to buy, not a sale, so the land stays yours until we exercise the option and the sale completes. You carry on using the garden, and the option is noted on your title so the plot can’t be sold elsewhere while it runs.
What happens to my Penzance plot if the option ends?
It stays yours, and the entry on your title is removed. You’re free to keep, sell or develop the land. If a permission was granted before the option ended, it generally stays with the land, though it will need to be started within its time limit.
Could my neighbours in Penzance be part of the same option scheme?
Yes. Where neighbouring gardens together would make a better scheme, each owner can grant an option on their own land, and an agreement between the owners can share the outcome fairly. It needs careful drafting and everyone’s agreement, and it often produces a scheme Cornwall Council is more likely to approve.
Do I pay Stamp Duty Land Tax (SDLT) if you exercise an option over my Penzance plot?
No. Stamp Duty Land Tax (SDLT) is paid by the buyer of land, so any amount due on completion falls to us. As the seller, you may have Capital Gains Tax to consider, and options have their own rules on timing, so take advice from a tax adviser before signing.
Other options in Penzance
- Bungalows on large plots
- Build a home for family in your garden
- Corner and side plots
- Combine gardens with your neighbours
- Tandem and landlocked plots
- Garage courts and yards