Community Asset Transfer

Community people

Introduction and purpose

Runnymede Borough Council is committed to empowering local Voluntary, Community and Social Enterprise (VCSE) organisations; to enhance the services and activities they deliver to residents and communities in the borough. Part of the way in which we will look to do so, is providing opportunities for organisations to take greater control of buildings and land currently owned by the Council, under a Community Asset Transfer (CAT), to further the activities, aims and aspirations of the organisation, and give greater control on its future.

The level of control that could be agreed under a Community Asset Transfer can vary from access rights under a lease arrangement, to the full transfer of the asset with full ownership being assumed by the organisation. The approach is not one size fits all and will depend upon the nature and size of the organisation, its requirements for the future, and crucially its ability to take responsibility for what is agreed, over the medium/long term.