FLEGG COMMUNITY LAND TRUST

Flegg Community Land Trust (FCLT), was formed to work on behalf of all communities within the scope of the Northern Parishes of the Great Yarmouth Borough , comprising :-

Ashby with Oby, Caister-on-Sea, Filby, Fleggburgh (with Clippesby and Billockby), Hemsby, Martham, Mautby (with Runham & Thrigby),
Ormesby St Margaret with Scratby, Ormesby St Michael, Repps with Bastwick, Rollesby, Somerton, Stokesby (with Herringby), Thurne and Winterton on Sea

Community Land Trusts (CLTs) are a way for people from a village, neighbourhood, town or city to get together and create a non-profit organisation for the good of their community. Run completely by volunteers, a CLT strives to meet the long-term needs of its community by acquiring assets, for example building permanently affordable housing or workspaces, or acquiring the local pub, library or shop. These then stay owned by the CLT organisation forever.

Why did we form a CLT ?

CLTs help local organisations and people like you with important issues in your area :–    

HOMES  

CLTs provide homes for people with strong local connections to their community, at levels that are genuinely affordable.    

AMENITIES  

CLTs don’t just build houses, they can provide other assets for the community.  This could include workspaces, recreational facilities, a shop, cafe or pub or anything that the community needs!    

PERPETUITY  

Homes and any other community assets are secured in perpetuity via a statutory asset lock.  As such, CLT homes also fall outside the scope of the Right to Buy.    

CONTROL  

Ultimately, CLTs allow communities to take back control over the future development of their local area, and provide the homes and amenities that they want.   

 

Contact Flegg CLT

For enquiries please email

For applications please email

FLEGG COMMUNITY LAND TRUST MEMBERSHIP APPLICATION

I fully support the objects of Flegg CLT and in particular I understand that :-
  • Members each have one vote at general meetings regardless of how many £1 (one pound) shares they hold;
  • Shares will never be worth more than I pay for them, could even reduce in value, and there will be no dividend payable to subscribers;
  • This is not a savings scheme and I may not get any or all of my money back should I ever ask for this in the future. If I wish to leave the CLT, the Trustees will consider whether my share money can be returned. Flegg CLT cannot guarantee it will have sufficient funds;
  • The shares are not backed by any compensation scheme or ombudsman;