Land and buildings that you care about in your neighbourhood, such as your local park, your town hall, local pub or shop can be managed and even owned by you and your community using the community rights.
Assets of Community Value & the Community Right to Bid
The Community Right to Bid allows communities and parish councils to nominate buildings or land for listing by the local authority as an Asset of Community Value. An asset can be listed if its main use currently benefits the community (or it did so in the recent past).
Listed assets remain on the list for up to five years. If a listed asset is sold during this time, a moratorium (pause) on the sale process (of up to six months) may be invoked, providing local community groups with a window of time to raise the finance to make a bid to buy the asset on the open market.
Assets of Community Value
For land or buildings to be listed an Asset of Community Value (ACV), their current (or recent past) use must further local social wellbeing or social interests, and they could continue do so in the future. Social interests include sporting, cultural or recreational uses. There are some limited situations where land or buildings are exempt from being listed as an Asset of Community Value, including residential property.
>> Read stories about successful nominations of assets of community value here
How do I nominate an Asset of Community Value?
You can nominate land or buildings to be listed as Asset of Community Value through your local authority.
>> Find out more about how to nominate an asset here
The Moratorium period
If the owner of the listed asset decides to sell they must inform the local authority of their intention to do so. The community then have up to six weeks to express an interest in becoming potential bidders to buy the asset.
Once an expression of interest has been received, a further 4.5 month pause in the sale process is triggered. This gives potential bidders a total of six months to raise the funds required to purchase the asset.
>> Read more about the Moratorium period here
Find out more about Raising Finances for Community Asset Ownership.
The Community Right to Reclaim Land
The Community Right to Reclaim Land allows communities to challenge local councils and some other public bodies to release their unused and underused land.
As land is held on the behalf of the taxpayer, councils have a duty to use it effectively. If it is found that the land is being held without being adequately utilized, and that the council has no plans to bring the land into use, the Secretary of State for the Department for Communities and Local Government (DCLG) can direct the council to dispose of the land. Disposal is usually on the open market.
How do I submit a request?
>> Read more about the Community Right to Reclaim Land here
Where to find information on local authorities list of assets
The Local Government Transparency Code (2014) sets out the minimum data that local authorities should be publishing, the frequency it should be published and how it should be published. A part of the Code deals with the publication of data on land and building assets, the availability of which should make it easier for local people to contribute to local decision making processes.
>> Read more about the Local Government Transparency Code (2014) here