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Garden plot option agreements in Basingstoke

If your garden in Basingstoke 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.

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Legal agreement, pen and a title plan with a garden plot outlined in red on a desk
Planning authority
Basingstoke and Deane Borough Council
Postcodes
RG21, RG22, RG24, RG25
Noon sun, 21 March
About 39°
Shadow from a 5 m eaves line
About 6.2 m
Planning plan
Local Plan
County
Hampshire

Before you decide in Basingstoke

When we look at a garden in RG21, RG22, RG24 and RG25 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 Basingstoke and Deane Borough Council is likely to want a revised scheme, the period allows for it.

Section showing noon sun and shadows in Basingstoke: about 39 degrees on 21 March and 15 degrees on 21 December21 m21 Mar, noon: sun 39°, shadow 6.2 m21 Dec, noon: sun 15°, shadow 18.3 mExistingNew home
Noon sun in Basingstoke on 21 March sits about 39° above the horizon, so a typical two-storey eaves line (about 5 m) throws a shadow of roughly 6.2 m. In December the sun is only about 15° up and shadows stretch much further. Drawn for a garden facing north, where it matters most.

How we’d take it forward in Basingstoke

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. 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.

  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

  • With a market value formula, the final price isn’t known until the option is exercised.
  • 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.

Your questions, answered for Basingstoke

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

Could my neighbours in Basingstoke 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 Basingstoke and Deane Borough Council is more likely to approve.

Who decides planning on an option plot in Basingstoke?

The decision belongs to Basingstoke and Deane Borough Council, 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.

Do I still own my garden in Basingstoke 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.

Other options in Basingstoke

Option agreement near Basingstoke

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