Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Levelling Up, Housing and Communities, what assessment the Department has made of the potential merits of mitigating the cost to local authorities of renewing Assets of Community Value.
Councils are responsible for the design and oversight of their Assets of Community Value scheme. The existing 5-year listing period is considered proportionate to ensure that the scheme balances the interests of the community with the rights of property owners.