Community assets and ownership

My Community brings you the latest tools, tips and ideas to help make your community a brilliant place to live.

The resources in this hub have been designed to help you protect, save, or manage a community space or community asset in your local area.

When we talk about a community asset or space we mean buildings or land which are used for the well-being or social interest of the local community. These may include parks and open green spaces, libraries, cinemas and other cultural spaces, swimming pools and other leisure facilities, community centres, youth centres, nurseries or pubs

Community ownership ensures that local people have control over the buildings and spaces that have significance to them and that these spaces are used in ways that meet the priorities and needs of the local community.

‘Community Asset Transfer’ (CAT) refers specifically to the transfer of a piece of land or building from public ownership to community ownership. In most cases this involves a local authority transferring the ownership of an asset to a community organisation such as a Development Trust, Community Interest Company (CIC) or social enterprise.

The majority of the time CAT will take place at less than market value and the project will be intended to provide social, economic or environmental benefits to the local community.

Although hugely rewarding, the road towards community ownership can be a long and complex. The resources in this hub, including guides, templates, case studies and reports, will provide you with the information and advice you require throughout this process.

Understanding the Community Right to Bid

Guide
Last updated: 12 May 2020

Community Right to Bid allows communities to nominate buildings/land as an asset of community value.

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What are Assets of Community Value?

Video
Last updated: 14 May 2020

Understand the basics of the process for potential nominators, bidders and owners alike.

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Glossary: Community Asset Transfer

Glossary
Last updated: 13 May 2020

Some commonly used terms used when talking about Community Asset Transfer (CAT).

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What is a Community Buyout?

Guide
Last updated: 27 April 2020

Find out how community groups can take on an existing business or space.

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How to manage parks and green spaces

Guide
Last updated: 14 May 2020

Opportunities and challenges in developing community-led models of parks and green space management.

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Localism Act 2011

Explanation
Last updated: 14 May 2020

The Localism Act is a range of measures to devolve more powers to councils and local communities.

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What are Community Rights?

Guide
Last updated: 12 May 2020

Community Rights are a set of powers that give you a greater say over how your community develops.

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