Community asset transfer involves transferring the ownership and/or management of land or buildings from a statutory body to a community organisation, at less than its full market value, in order to further local social, economic and/or environmental objectives. The transfer can be either leasehold or freehold.
Transferring an asset to a community organisation on long leasehold or freehold transfer can unlock community enterprise, encourage volunteer commitment, help utilise local intelligence, and allow these organisations to attract the necessary capital investment to create a thriving community facility
Policy and guidance
Apply for an asset transfer
Contact the Asset Strategy Team
You can contact us for additional information or advice.