Garden plot option agreements in Margate

A Margate homeowner considering an option usually wants to know three things: how long the land will be tied up, how the price will be worked out, and what happens if planning fails. The agreement answers all three in writing.

The option period is fixed at the start, with any extensions tied to specific events. The price follows a formula with a minimum. And if no acceptable permission is granted, or we don’t exercise the option, it simply ends and the land remains yours, free of our entry on the title. You can then keep the plot, sell it or try another route.

Legal agreement, pen and a title plan with a garden plot outlined in red on a desk
Planning authority
Thanet District Council
Postcodes
CT8, CT9
Noon sun, 21 March
About 39°
Shadow from a 5 m eaves line
About 6.3 m
Planning plan
Local Plan
County
Kent

What the council will look at in Margate

Garden plots rarely sit alone. Where several long gardens run side by side, whether in Margate, in nearby Broadstairs, Ramsgate and Deal 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. Thanet District Council would then consider one well-planned scheme instead of several piecemeal ones.

Section showing noon sun and shadows in Margate: about 39 degrees on 21 March and 15 degrees on 21 December21 m21 Mar, noon: sun 39°, shadow 6.3 m21 Dec, noon: sun 15°, shadow 18.4 mExistingNew home
Noon sun in Margate on 21 March sits about 39° above the horizon, so a typical two-storey eaves line (about 5 m) throws a shadow of roughly 6.3 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.

What happens next in Margate

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 Thanet District Council.

  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. 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

  • Your plot is tied up for the option period and can’t be sold to anyone else meanwhile.
  • Deductions agreed at the start, such as planning costs, reduce what you receive, so check them closely.
  • Options have their own Capital Gains Tax treatment, so take advice from a tax adviser before signing.

Questions about garden plots in Margate

What happens to my Margate 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.

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

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 Margate 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 Margate 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 Margate

Option agreement near Margate

Find out what your garden could become

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