Assets of Community Value
The assets of community value (ACV) scheme allows local groups a chance to nominate land or buildings they feel are important to the social wellbeing or interests of their community.
Local community groups can nominate land or property as an Asset of Community Value. If successful, this status will be listed with us for five years.
Being listed as an ACV will give the community extra time to put together a realistic bid to purchase the property if it comes up for sale.
The seller cannot complete a sale until this extra time has been given, but they do not have to sell to the community group.
We recommend any group that is interested in nominating an ACV to read the information on the following page carefully before applying.