- Planning authority
- Bolton Metropolitan Borough Council
- Postcodes
- BL3, BL4
- Noon sun, 21 March
- About 36°
- Shadow from a 5 m eaves line
- About 6.8 m
- Planning plan
- Local Plan
- County
- Greater Manchester
What shapes a plot in Farnworth
When we look at a garden in BL3 and BL4 for a possible option, we measure the things that create uncertainty: the width and ownership of the access, the distance to neighbouring windows, the trees and their roots, and the levels across the plot. Those findings decide how long the option period needs to be and what the agreement asks of us.
If access depends on a neighbour, the option holds your plot while we negotiate. If Bolton Metropolitan Borough Council is likely to want a revised scheme, the period allows for it.
How we’d take it forward in Farnworth
The first stage, from enquiry to heads of terms, usually takes a few weeks. Agreeing and signing the option itself often takes a few months more, depending on how quickly both solicitors work and whether the title raises questions. The planning work then runs within the option period, at a pace set by surveys, pre-application advice and the decision time at Bolton Metropolitan Borough Council.
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
- Options have their own Capital Gains Tax treatment, so take advice from a tax adviser before signing.
- Deductions agreed at the start, such as planning costs, reduce what you receive, so check them closely.
- With a market value formula, the final price isn’t known until the option is exercised.
Your questions, answered for Farnworth
How long would an option on my Farnworth 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.
Will you cover my legal fees on an option in Farnworth?
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.
Is an option better than selling my Farnworth 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.
Do I pay Stamp Duty Land Tax (SDLT) if you exercise an option over my Farnworth 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 Farnworth
- Planning promotion for your garden plot
- Garage courts and yards
- Corner and side plots
- Combine gardens with your neighbours
- Plot feasibility and design
- Sell subject to planning