Community Right to Bid
Assets of Community Value
The Community Right to Bid, which was established by the 2011 Localism Act, came into force in September 2012. The right gives eligible groups the opportunity to identify and nominate assets that are of value to the local community and gives them a fair chance to make a bid to buy them on the open market if the owner decides to sell.
A community could use this right to buy a local asset like a village shop, community centre, library, children’s centre, allotment or pub. The right covers private as well as public assets.
We are required to keep a list of assets of community value in Bromsgrove and a list of assets nominated unsuccessfully.
Who can make a nomination?
We will only accept requests to include assets on the list from eligible community groups. Eligible groups must have a local connection to the land or property they wish to nominate and be one of the following types of organisations:
- Parish or town council.
- Unincorporated community groups with at least 21 members who are registered to vote within the Bromsgrove district.
- A neighbourhood forum, set up in accordance with section 61F of the Town and Country Planning Act 1990.
- A charity.
- A community interest company.
- A company limited by guarantee.
- An industrial and provident society.
We will not accept nominations from any other bodies.
How to make a nomination
If you want to nominate an asset of community value please fill in our nomination form. The form has three main sections covering: your organisation, the asset you wish to nominate and why you believe the asset is of community value. Please read our guidance notes and FAQs before you start filling in the form
Making a bid / expressing an interest
The owner of the property must advise the Council when they intend to sell the property and we will publicise this on our web site as well as informing the nominator.
If you want to make a bid you must inform us within six weeks of us telling you the property is available to purchase. An expression of interest form together with guidance notes are available to download from the bottom of the page. Once completed the form should be returned as detailed on the form.
If you do express an interest there is a 6 months period for you to put together the bid. The six months runs from when the owner advises us of their intention to sell and not from when you inform us of your intention. This is known as the 'moratorium period'. At any point before the end of the six months you may enter into negotiations with the property owner providing the owner is willing to do this. At the end of the moratorium period if you have successfully put a bid together the owner will have the option to either accept your bid or sell the property freely on the open market. The Council will not be involved in this process but we would ask that we are kept informed of developments.