An authority, however, can dispose of land at a discounted rate to help improve the economic, social or environmental well-being of an area. This is known as disposal of land at “less than the best consideration that can reasonably be obtained”.
This is allowed if the shortfall does not exceed £2 million. If it is exceeded, the Secretary of State’s consent will be needed under The Local Government Act 1972: General Disposal Consent (England) 2003.
We process applications for the Secretary of State’s specific consent. Our role includes considering each application against criteria and advising the Secretary of State whether consent should be given.