- Planning authority
- Redcar and Cleveland Borough Council
- Postcodes
- TS10
- Noon sun, 21 March
- About 35°
- Shadow from a 5 m eaves line
- About 7.0 m
- Planning plan
- Local Plan
- County
- North Yorkshire
The local picture in Redcar
Light can decide the size of the scheme an option leads to. Take the figures for Redcar: a midday sun of about 35° in late March means a wall rising 5 m to the eaves shades roughly 7.0 m of ground behind it, and with the December sun near 12°, that shade grows considerably.
Those figures help explain why a plot that could take two homes in one layout might take only one in another. Under a price formula, that difference flows through to the price, which is one reason options suit plots where the outcome is open.
From first call to decision
Here is what happens in Redcar. A conversation first, then a desk check, then a visit if the plot looks promising. We put proposed terms in writing, without obligation, and you take advice on them with your legal fees covered within the agreed cap. Nothing is binding until you sign the option agreement itself, and the appraisal costs nothing.
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
- Deductions agreed at the start, such as planning costs, reduce what you receive, so check them closely.
- Your plot is tied up for the option period and can’t be sold to anyone else meanwhile.
- With a market value formula, the final price isn’t known until the option is exercised.
Redcar: questions to ask
Will you cover my legal fees on an option in Redcar?
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.
Could my neighbours in Redcar 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 Redcar and Cleveland Borough Council is more likely to approve.
Do I pay Stamp Duty Land Tax (SDLT) if you exercise an option over my Redcar 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.
Do I still own my garden in Redcar 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 Redcar
- Planning permission for a garden plot
- Joint venture on your garden plot
- Sell part of your garden
- Tandem and landlocked plots
- Build a home for family in your garden
- Large rear gardens