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option agreements

Option agreements give prospective purchasers a right to buy a property at a predetermined price within a specified timescale. Both Landowners and developers have successfully utilised and benefited from option agreements for many years.

The terms of these agreements can be complex and our specialist legal team will simplify and guide you through the negotiation and documentation process. Our commercial property team will take time in preparing and negotiating an option agreement best suited for you and your business.

We have extensive experience in negotiating and completing option agreements for landowners and developers in Darlington, the North East, and nationally including foreign companies inwardly investing. Tim Haggie has specialist experience in relation to option and licence agreements for opencast mining and quarry sites. Neil Stevenson has particular expertise in option agreements for wind farms.

Whatever the nature of the option agreement, Latimer Hinks has the expertise to advise you. Our services include:

  • Preparing and Negotiating Option Agreements
  • Stamp Duty Land Tax Advice
  • Advising on Overage/Clawback Issues
  • Taxation Issues



specialist contacts

Tim Haggie
Neil Stevenson
Nicola Neilson


areas of expertise

Preparing and Negotiating Option Agreements

Stamp Duty Land Tax Advice

Overage/Clawback Issues

Taxation Issues


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Latimer Hinks Solicitors
5-8 Priestgate, Darlington DL1 1NL

 
Latimer Hinks is the trading name of Latimer Hinks Solicitors (Darlington) LLP and which is registered in England under number OC343522, registered office 5-8 Priestgate Darlington DL1 1NL , Tel: 01325 341500 Fax: 01325 381072 DX 69282 Darlington 6 Partners: Tim Haggie (SRA No. 464167) Anne Elliott (SRA No. 464221) Nick Poole (SRA No. 464166) P Neil Stevenson (SRA No. 464165) Andrew Way (SRA No. 535731) Mark Gardner, Nicola Neilson.

This firm is authorised and regulated by the Solicitors Regulation Authority. Any reference to a Partner means a member of the LLP or an employee with equivalent standing and qualifications.