As state funding reduces, and communities look to take responsibility themselves, there are places in many communities that are of particular importance to the local people. They may be facing closure or sale or may be being considered by the council for alternative uses or being run in alternative ways.
Community asset transfers look to put ownership and/or management back into the hands of the community and the organisations and charities that represent them.
We are holding a seminar jointly with the Ethical Property Foundation for small charities and other organisations to consider how they can become involved in community asset transfer.
This is an area of particular interest as town halls, parks, libraries and other buildings are considered for transfer of ownership or management from a statutory body, such as the council, to a community group or charity at less than the market value provided they are used for social, economic or environmental benefit.
There is clearly a myriad of issues to consider, from: understanding exactly what asset transfer involves; understanding the liabilities that can be taken on; financial management and risk management; as well as looking at the relevant legal structure to enable community bodies and groups of individuals to succeed.
We have been lucky to be involved with a number of community asset transfers which have seen, amongst other things, the following:
This seminar will look to uncover some of the issues involved and give real life examples of successes and failures to enable those attending to better understand the opportunities for them.
If you are interested in attending this event please sign up here.
For further advice or information on community asset transfers please contact Dominic Curran.
Last week, the NHF published its final version of its new Code of Governance and made some important changes from the previous draft that will impact on those housing associations looking to adopt it.
As the end of 2020 beckons, we take a look at what progress the Sterling market has made in its preparations for the end of the London Interbank Offered Rate (LIBOR) on 31 December 2021.
Finally, there is a glimmer of hope that perhaps the Covid-19 pandemic could be reaching its end.
For part 2 in this series of short podcasts, Chris Lloyd-Smith interviews senior associate Lisa Whitehouse on how she has been coping during these unprecedented times.
Delayed since Spring 2020 as the Government tackled the Covid-19 crisis, Tuesday 17 November saw the publication of the Social Housing White Paper, setting out the future regulation of the sector
In this ebriefing, we examine how the duty holder regime will apply to social housing providers with existing HRRBs in their housing stock.
Following Katherine's "heads up" last week, the Government has now confirmed that for claim periods post 1 December, employers will not be able to claim for employees who are serving their notice
For part 1 in this series of short podcasts, Chris Lloyd-Smith interviews solicitor Puja Desai on how she has been coping during these unprecedented times.
Over 100 trainees and future trainees from Birmingham joined the BTSS for a webinar to address concerns around training remotely and qualifying during a possible recession.
Anthony Collins Solicitors has supported Birmingham-based Complete Care Holdings in its acquisition of Amegreen Complex Homecare Ltd.
To receive invitations to our events, as well as information and articles on legal issues and sector developments that are of interest to you, please sign up to Newsroom.