- Planning authority
- Leicester City Council
- Postcodes
- LE1, LE2, LE3, LE4, LE5
- Noon sun, 21 March
- About 37°
- Shadow from a 5 m eaves line
- About 6.5 m
- Planning plan
- Local Plan
- County
- Leicestershire
How it plays out in Leicester
Neighbours in LE1, LE2, LE3 and LE4 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 Leicester City Council considers. A scheme that answers those concerns in advance usually has a smoother time.
The next steps, locally
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 Leicester City 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.
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.
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.
- We have the right to buy, not a duty, so a sale isn’t certain even after a long wait.
Leicester: questions to ask
Do I still own my garden in Leicester 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.
Do I pay Stamp Duty Land Tax (SDLT) if you exercise an option over my Leicester 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 Leicester?
The decision belongs to Leicester City 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.
Will you cover my legal fees on an option in Leicester?
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 Leicester
- Bungalows on large plots
- Sell subject to planning
- Planning permission for a garden plot
- Build a new home in your garden
- Plot feasibility and design
- Large rear gardens