Common Questions
Frequently Asked Questions
What is an option agreement?
An option agreement grants Westmont the right — but not the obligation — to purchase your land at an agreed price once planning permission is secured. You remain the legal owner throughout the entire process. We will agree on a formal legal document and we always recommend you seek independent legal advice before signing anything.
Does this cost me anything?
No. All costs associated with the land assessment, planning applications, surveys, architect's drawings, and the legal process are borne entirely by Westmont Developments. You will not be asked to contribute financially at any point, and there is no charge if planning is ultimately refused.
How long does the process take?
The planning process typically takes between 12 and 24 months from the point an option agreement is signed, depending on the complexity of the application and the local planning authority. We keep you informed at every stage, and you are under no obligation to accept the final sale.
Do I have to sell my land?
No. An option agreement gives Westmont the right to purchase, not an obligation for you to sell. If planning is granted and you decide not to proceed, the agreement comes to an end and you retain full ownership of your land with no financial liability.
How is the land value determined?
The agreed price is set out in the option agreement and is typically calculated as a percentage of the open market value at the time of sale, determined by an independent RICS-registered valuer. This ensures you receive a fair and transparent uplift based on the land's true planning value.
What if my land doesn't qualify?
Not every site we assess will be suitable for promotion. If your land does not meet our criteria at this stage, we will let you know clearly and explain our reasoning. We are always happy to revisit a site if circumstances change.