Community Right to Buy Scheme UK Pubs For Sale: Freehold Pubs For Sale

Community Right to Buy Scheme Faces Criticism

The private property industry has signalled its opposition to the ‘Right to Buy’ proposals contained in the Localism Bill and has implored the government to insert “safeguards” to stop communities making vexatious claims on properties, reports the Civil Society.

In its submission to the consultation on the scheme, the British Property Federation has recommended that any community group wishing to buy a community asset should have to prove its ability to raise the finance, before the local authority adds the property to its list of nominated properties.

The Community Right to Buy concept is intended to give community groups and other civil society organisations (CSOs) the power to nominate a piece of land or building to be listed with the local authority, and then be given time to prepare a bid to buy it if the owner wants to sell it. The Department for Communities and Local Government, which is sponsoring the Bill, hopes the legislation will help to save local community services from closure and also bring empty buildings back into use.

The National Council of Voluntary Organisations NCVO has recommended to government that the sector should be given first right of refusal over any such property, ahead of prospective private-sector buyers.

But the response submitted by the BPF indicates that it may not be willing to accept the proposals without a fight. It suggests that the scheme will do little to save local services such as post offices and pubs from closure, and could even be “hijacked” to stifle development and economic growth.

via pubs-for-sale.biz

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