Community Right to Bid and Assets of Community Value
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Information about Community Right to Bid and Assets of Community Value
Across Hyndburn there are buildings and amenities that are important to the communities that use them. The closure or sale of these places can sometimes damage communities. Under the Localism Act 2011, communities now have the opportunity to identify a building or land which is important to their social well-being, and bid for it if it comes up for sale.
Under the new “community right to bid”, charities, parish councils and certain voluntary and community organisations can now nominate land or buildings to be included on a list of “assets of community value” held by the Council.