Garden plot option agreements in Southwark

If your garden in Southwark has potential but the route to planning isn’t simple, an option may be the most honest arrangement. It recognises that we need time, perhaps to secure access, bring in a neighbour’s land or work through the council’s Local Plan, and that you shouldn’t be asked to sell before that work is done.

You grant the right; we take on the cost and effort of planning. When an acceptable permission is in place, we can buy at the price the agreement sets, usually through a formula with a minimum underneath. Until then, nothing changes hands, and your reasonable legal fees are covered within an agreed cap.

Legal agreement, pen and a title plan with a garden plot outlined in red on a desk
Planning authority
London Borough of Southwark
Postcodes
SE5, SE15, SE16, SE17, SE22
Noon sun, 21 March
About 39°
Shadow from a 5 m eaves line
About 6.3 m
Planning plan
Local Plan
County
Greater London

What the council will look at in Southwark

Garden plots rarely sit alone. Where several long gardens run side by side, whether in Southwark, in nearby Lambeth, Lewisham and Tower Hamlets 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. The London Borough of Southwark would then consider one well-planned scheme instead of several piecemeal ones.

Section showing noon sun and shadows in Southwark: about 39 degrees on 21 March and 15 degrees on 21 December21 m21 Mar, noon: sun 39°, shadow 6.3 m21 Dec, noon: sun 15°, shadow 18.5 mExistingNew home
This section is worked out for the latitude of Southwark: around 39° of sun at midday in late March and about 15° at midwinter. It shows why the gap between your house and a new home behind it is about light as well as privacy. Garden assumed to face north.

What happens next in Southwark

After your enquiry, we carry out the free appraisal and compare an option with an outright sale and a conditional contract for your plot. If you choose the option, your solicitor reviews the agreement before signing, and once it is in place we start the planning work, share the drawings before submission and keep you updated.

  1. 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.

  2. 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.

  3. 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.

  4. 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

  • 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.
  • Deductions agreed at the start, such as planning costs, reduce what you receive, so check them closely.

Southwark: questions to ask

Do I pay Stamp Duty Land Tax (SDLT) if you exercise an option over my Southwark 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.

Who decides planning on an option plot in Southwark?

The decision belongs to the London Borough of Southwark, which will weigh the scheme against the council’s Local Plan and the National Planning Policy Framework (NPPF). Our job during the option period is to put in the strongest application the plot allows and answer the council’s questions. The agreement sets out what happens if permission is refused.

Could my neighbours in Southwark 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 the London Borough of Southwark is more likely to approve.

Will you cover my legal fees on an option in Southwark?

Yes. We cover reasonable legal fees for your own solicitor on an option agreement, up to a cap agreed in heads of terms. Choose a solicitor experienced with development land, and agree the cap with us before they begin, so their fees stay within it.

Other options in Southwark

Option agreement near Southwark

Find out what your garden could become

Free garden plot appraisal. No cost, no obligation, and a straight answer if it won’t work.