The Community Right to Bid was introduced as part of the Localism Act. It gives town/parish councils and local community groups the opportunity to nominate a local site or building to be included on a register of 'assets of community value'. We will assess all nominations received and decide whether the asset suggested meets the criteria as set out in the legislation.
The inclusion of an asset on the register does not provide a right for a parish and town council or community group to acquire the property. However, should the landowner wish to dispose of it, a request can be made by the nominating body to delay this for up to six months to allow time for that group to consider whether it is able to raise funding to purchase or run the asset itself.
Criteria for inclusion
In summary, the key tests which have to be applied are:
- is the current use of the building or land one which furthers the social wellbeing or social interests of the local community?
- if so, is it realistic to think that either this use or another of community value will continue in the future?
- if the use of social value has ceased, has this furthered social value in the recent past (for example two to three years) and is it realistic to think that it will do so again during the next five years?
Further guidance
Detailed guidance on Right to Bid, how to nominate a local asset and the process the borough council must follow is available on these web pages.
If you are considering making a nomination, please read these guidance notes carefully first as incomplete nominations cannot be processed.
Nominate an asset of community value
Please use a separate form for each asset to be nominated and provide as much information as you can about the asset.
Any further enquiries about the process can be emailed to community.asset@tmbc.gov.uk.
Successful nominations are included on our assets of community value list.
See government advice note about the Community Right to Bid (GOV.UK).