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Groups that can apply

Nominations to list an asset for community value can be made by:

  • town and parish councils
  • unincorporated bodies with at least 21 individual members which do not distribute any surplus it makes to its members
  • registered charities
  • companies limited by guarantee which do not distribute any surplus they make to their members
  • industrial and provident societies which do not distribute any surplus they make to their members
  • community interest companies
  • a body designated as a neighbourhood forum under the Town and Country Planning Act

Listing an asset allows time for groups to prepare a bid if the asset is offered for sale within five years of the listing. Other potential buyers may also make an offer. Any sale after the six-month period takes place under normal market conditions.

The owner is under no obligation to sell to a community group and groups that have registered an interest are under no obligation to bid or purchase.