- Planning authority
- Oldham Metropolitan Borough Council
- Postcodes
- M35
- Noon sun, 21 March
- About 36°
- Shadow from a 5 m eaves line
- About 6.8 m
- Planning plan
- Local Plan
- County
- Greater Manchester
The local picture in Failsworth
Garden plots rarely sit alone. Where several long gardens run side by side, whether in Failsworth, in nearby Droylsden, Ashton-under-Lyne and Chadderton 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. Oldham Metropolitan Borough Council would then consider one well-planned scheme instead of several piecemeal ones.
What happens next in Failsworth
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.
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.
Planning work
We commission surveys, design the scheme and apply for planning, keeping you updated and showing you the drawings before submission. The council decides; if it refuses, the agreement sets out whether we revise, reapply or appeal.
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
- Deductions agreed at the start, such as planning costs, reduce what you receive, so check them closely.
- We have the right to buy, not a duty, so a sale isn’t certain even after a long wait.
- With a market value formula, the final price isn’t known until the option is exercised.
Failsworth: questions to ask
Is an option better than selling my Failsworth garden plot outright?
Not always. An outright sale is quicker and certain once contracts are exchanged. An option suits plots where planning is uncertain or more land is needed, because it gives us time without forcing a guess at the price. Our free appraisal compares the routes for your plot.
Will you cover my legal fees on an option in Failsworth?
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.
Do I pay Stamp Duty Land Tax (SDLT) if you exercise an option over my Failsworth 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.
How long would an option on my Failsworth garden last?
The period is agreed at the start and should match the planning task: long enough for surveys, an application and, where sensible, a revised scheme or appeal, but no longer. On a single garden it is usually much shorter than on farmland. Any extension should be tied to specific events.
Other options in Failsworth
- Tandem and landlocked plots
- Planning promotion for your garden plot
- Bungalows on large plots
- Joint venture on your garden plot
- Corner and side plots
- Sell part of your garden