Garden plot option agreements in Cheshunt

Options are used on land of all sizes, from farmland to single back gardens. On a garden plot in Cheshunt, the same principle applies on a smaller scale: you keep the land, we seek planning, and the sale only happens if we choose to buy once a permission we can work with is granted.

Backland Development is new, part of the S&K Group, and we’d rather be judged on the agreement in front of you than on any history. That means clear terms, your reasonable legal fees covered within an agreed cap, and an honest view on whether an option suits your plot at all.

Legal agreement, pen and a title plan with a garden plot outlined in red on a desk
Planning authority
Broxbourne Borough Council
Postcodes
EN7, EN8
Noon sun, 21 March
About 38°
Shadow from a 5 m eaves line
About 6.3 m
Planning plan
Local Plan
County
Hertfordshire

What shapes a plot in Cheshunt

Neighbours in EN7 and EN8 will hear about any application on your plot, and the option agreement can set out how and when that happens. Some owners prefer to talk to adjoining neighbours themselves before plans are public; others are happy for the council’s own notice to do the job.

Either way, we design with neighbours in mind, because privacy, light and the effect of a new access are among the first things Broxbourne Borough Council considers. A scheme that answers those concerns in advance usually has a smoother time.

Section showing noon sun and shadows in Cheshunt: about 38 degrees on 21 March and 15 degrees on 21 December21 m21 Mar, noon: sun 38°, shadow 6.3 m21 Dec, noon: sun 15°, shadow 18.8 mExistingNew home
This section is worked out for the latitude of Cheshunt: around 38° 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.

The next steps, locally

To explore an option on your Cheshunt 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.

  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. 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.

Worth checking early

  • Your plot is tied up for the option period and can’t be sold to anyone else meanwhile.
  • 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.

Cheshunt: questions to ask

Could my neighbours in Cheshunt 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 Broxbourne Borough Council is more likely to approve.

Is an option better than selling my Cheshunt 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 Cheshunt 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.

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

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 Cheshunt

Option agreement near Cheshunt

Find out what your garden could become

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