Shareholders and Trustees
The Bishop's Castle & District Community Land Trust's purpose is to provide affordable accommodation for local people in housing need.
It is owned and managed by its shareholders (also known as members) and governed by a board of voluntary trustees
Become a shareholder
Shares are £10 each and they mean that you part-own our assets of land and buildings.
These are lifelong shares in the Trust, and entitle you to one vote at the annual general meeting. Each community share comes with a beautifully presented share certificate. The shares are completely non-profit making and cannot be sold on or transferred (except by inheritance) – you are investing in the future.
There is no limit to the number of shares one person can own, but each shareholder will have one vote regardless of the volume of shares owned.
This means the society remains completely democratic.
Shares are refundable upon request; this is at the discretion of the board and may be subject to a small administration fee. However, the Trust may decide to withdraw this option without notice and at any given point.
These rules are designed to safeguard the Trust as a Community Benefit (not member-benefit) Society. We strongly recommend that you read the full text of the society rules before becoming a member.
Apply for election to the board of trustees
Governance of the Trust is overseen by a voluntary board of local trustees, presently including one of our tenants, a retired solicitor, a chartered surveyor, local business owners, a town councillor, and a county councillor.
Elections to the board are held every year. You do not have to be a shareholder to stand for election. We welcome enquiries from anyone interested in contributing to the work of the Trust.
For more information please contact us using the form below.