Assets of community value

This new community right is sometimes called the Community Right to Buy or Community Right to Bid. It allows defined community groups, including parish councils, to ask us to list certain assets as being of community value. The right is designed to give communities more opportunities to take control of assets and facilities important to them.

If an asset is listed and then comes up for sale, the new right could give communities that want it a total of six months to put together a bid to buy it. This includes a six week cut-off for an initial proposal to be put forward.

Assets of community value nomination form