Community right to buy: review
Third-party purchasers
The Right to Buy Land to Further Sustainable Development includes the option for community groups to nominate a third-party purchaser to exercise the right to buy (if granted). The policy objective here was to help address the issue of communities not having the expertise to take forward a project (such as affordable housing) themselves, but which (for example) a housing association would be able to deliver on their behalf.
There is no requirement for that third-party purchaser to adhere to any type of structure, to have any form of agreement in place with the community group, nor any business case for future of the asset.