Garden plot option agreements in Guildford

Options are used on land of all sizes, from farmland to single back gardens. On a garden plot in Guildford, 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
Guildford Borough Council
Postcodes
GU1, GU2, GU3, GU4
Noon sun, 21 March
About 39°
Shadow from a 5 m eaves line
About 6.2 m
Planning plan
Local Plan
County
Surrey

What the council will look at in Guildford

Neighbours in GU1, GU2, GU3 and GU4 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 Guildford Borough Council considers. A scheme that answers those concerns in advance usually has a smoother time.

Section showing noon sun and shadows in Guildford: about 39 degrees on 21 March and 15 degrees on 21 December21 m21 Mar, noon: sun 39°, shadow 6.2 m21 Dec, noon: sun 15°, shadow 18.2 mExistingNew home
This section is worked out for the latitude of Guildford: around 39° 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

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.

  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

  • We have the right to buy, not a duty, so a sale isn’t certain even after a long wait.
  • 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.

Your questions, answered for Guildford

Do I pay Stamp Duty Land Tax (SDLT) if you exercise an option over my Guildford 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.

Is an option better than selling my Guildford 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.

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

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.

What happens to my Guildford 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.

Other options in Guildford

Option agreement near Guildford

Find out what your garden could become

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