NewsStory

Wales proposes giving communities first chance to buy local assets

KROV newsroom

12 Nov 2026, 1:03 am IST1 min read

DiscussionThe story behind the news.

The Welsh Government opened a consultation on November 10 on giving eligible community groups the first chance to buy certain local assets when their owners decide to sell. The proposal would also give groups a protected period to work out whether they can take on the property, prepare a plan and raise the money.

Welsh ministers are seeking views on which assets and groups should qualify, how nominations and purchases would work, and what safeguards owners should have. The consultation closes on January 4, 2027. Responses will inform the final policy and legislation needed to establish the scheme.

Cover image is an AI-generated editorial illustration.

Sources and credits

Credit: Welsh Government, GOV.WALES (Crown copyright)

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