- Planning authority
- Isle of Wight Council
- Postcodes
- PO30
- Noon sun, 21 March
- About 39°
- Shadow from a 5 m eaves line
- About 6.1 m
- Planning plan
- Local Plan
- County
- Isle of Wight
Before you decide in Newport, Isle of Wight
Any option agreement on a Newport garden is shaped by the council’s Local Plan. If Isle of Wight Council’s current policies clearly support a new home on your plot, an option probably isn’t needed and a simpler route will serve you better. Where the policy position is balanced, or a review of the plan is under way, an option gives time for the planning case to be made properly. We read the relevant policies and recent decisions on similar plots before suggesting an option, and we explain what we found.
From first call to decision
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.
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.
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
- 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.
- We have the right to buy, not a duty, so a sale isn’t certain even after a long wait.
Your questions, answered for Newport, Isle of Wight
What happens to my Newport plot if the option ends?
It stays yours, and the entry on your title is removed. You’re free to keep, sell or develop the land. If a permission was granted before the option ended, it generally stays with the land, though it will need to be started within its time limit.
Do I pay Stamp Duty Land Tax (SDLT) if you exercise an option over my Newport 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 Newport?
The decision belongs to Isle of Wight 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 Newport 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 Newport
- Joint venture on your garden plot
- Garage courts and yards
- Sell part of your garden
- Bungalows on large plots
- Build a home for family in your garden
- Build a new home in your garden