Community Shares – Investing in our Community
We are inviting investment in our town to help us keep Fielden Hall, its houses and land, a community asset forever.
Community-led efforts can help create and protect the affordable homes and community facilities that we need in our valley and Todmorden.
Please support the purchase of the Fielden Acre.
The Community Shares Standard Mark is awarded by the Community Shares Unit to offers that meet national standards of good practice.
For more information about community shares, the Community Shares Standard Mark and the Community Shares Unit go to:
“This share offer will help keep this house, which has been my home for decades, a happy place for local people to live securely for the long-term, keeping the village real. Community ownership ensures affordable places to live. That’s why I’m delighted to support this investment in our community. ”
HOW YOUR INVESTMENT WILL HELP OUR COMMUNITY
The purpose of this share offer is to raise the finance to purchase a small residential freehold property in the village of Heptonstall. The property will be refurbished by local contractors to improve its energy efficiency. The property will then be let at an affordable rent. We aim to prioritise local tenants under age 35 - people who are currently being priced out of the community.
The village is a well-known conservation area and has been used as the setting for several high profile TV and film productions, leading to a growth of holiday lets and second homes, which, together with general house price inflation and the desirability of the village, has driven up house prices in the area to unaffordable levels for many local young people. This project aims to help address the housing need this has created.
Hepstonstall - living heritage
Northfield has several listed buildings, (though this isn't one) and is in the conservation area. By investing in the Northfield Project community share offer you can help secure the future of our beautiful village as a thriving community with affordable homes for local people.
Affordable Homes
By buying this house, the CLT will ensure that it stays as an affordable home for the long term. Having the house in community hands prevents the home being taken out of the housing market by becoming a holiday let or second home.
LAUNCH EVENT - The Northfield Project Community Share Offer
Join us for the launch of this exciting project.
Heptonstall Bowling Club
Saturday 25th October 2025
Time:
Launch presentation: 10am -11 am
Drop-in for a chat: 11am - 12pm
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Hear More about the Northfield Project
In our short videos from our youtube channel
THE NORTHFIELD PROJECT LEAFLET
For a quick overview of the Northfield Project and the social benefit it can deliver, you can download a copy of our leaflet. Full details are contained in the Share Offer document and in the Business plan further down the page.
AFFORDABLE PLACES TO LIVE; SAFEGUARDING OUR HERITAGE
Buying the house in Northfield will ensure an secure, long-term affordable home for local people, but also protect the building in a street full of listed houses and in the heart of the Heptonstall conservation area.
WOULD YOU LIKE TO KNOW MORE?
Please let us know by email at info@caldervalleyclt.org.uk, and, without obligation, and we will send you a link to the share offer information and any updates on the offer as it progresses.
Thank you
You could lose some or all of the money you invest in this share offer, without recourse to the Financial Services Compensation Scheme or the Financial Ombudsman Service.
Social Investment Award winners
Calder Valley CLT were the proud winners of the 2019 Social Investment award from Social Enterprise Yorkshire & Humber for the innovative funding of the six bungalows we developed independent living for people in later life, in Walsden. As part of the financing of these homes we successfully raised £94,000 in community share capital from within our valley.
What are Community Shares?
Community Shares are a way for local communities – and other supporters – to invest in community projects. They cannot be ‘traded’; you cannot sell your shareholding on to someone else. The value of Community Shares cannot increase, but can go down.
Community shares are withdrawable but at no more than their original value. Shares cannot be withdrawn on this offer before early 2024.
This share offer holds the Community Shares Unit Community Shares Standard Mark. This is awarded by the Community Shares Unit (CSU) to offers that meet national standards of good practice. These standards ensure that:
- The offer document and application form are easy to understand
- You are provided with all the facts you need to make an informed decision
- The facts are supported by the annual accounts and/or business plan of the society
- Nothing in the documents is purposefully incorrect, confusing or misleading
Societies are asked to sign a Code of Practice requiring them, among other things, to give the public a right of complaint to the Community Shares Unit.
For more information about community shares, the Community Shares Standard Mark and the Community Shares Unit, go to www.communityshares.org.uk
Statement from CVCLT Board
At the October CVCLT board meeting the trustees reaffirmed the priority it gives to protecting the community share investments that are made in the CVCLT. This is important because community shares are not formally regulated. The board's statement includes the following.
“The Board of Trustees takes its responsibilities towards those individuals and organisations investing in CVCLT through its community share issue extremely seriously. It has launched the current Northfield Project share issue having satisfied itself that the business plan and share offer document are robust and having received external validation through the Community Share Standard Mark.
The Board confirms its previous decision that these investments will attract 2% pa interest. While the Board is aware that it has the legal power to alter the rate of interest, the Board confirms that it has no current intention of changing the interest being offered in the foreseeable future and that any reduction in interest would not be introduced except in exceptional circumstances and only when the Board had first called a Special General Meeting of members.”
The Community Shares Standard Mark is awarded by the Community Shares Unit to offers that meet national standards of good practice.
For more information about community shares, the Community Shares Standard Mark and the Community Shares Unit go to:
Investor Testimonials
text here. I like the way CLTs are led by and involve the community which will benefit
I'm genuinely excited to be part of an initiative that's building a shared future and making our communities as inclusive as possible. It also makes sense for me as an investor to know that the money I've invested gives me the chance of a small return while helping to make the Calder Valley a better place to live.
I want to invest in affordable housing, particularly low carbon housing. I want my money to be invested in something useful.
It is important to me that my friends and family and remain living in the area where they grew up, it strengthens and binds the community to have this stability. Calder Valley Community Land Trust are putting their time, energy and money into making this happen and if I want this dream then I need to do the same and support them to make my community happen.
It is important to me that my friends and family and remain living in the area where they grew up, it strengthens and binds the community to have this stability. Calder Valley Community Land Trust are putting their time, energy and money into making this happen and if I want this dream then I need to do the same and support them to make my community happen.
Investing in the CLT's fund to buy this historic affordable home and keep it in the hands of the community seemed like a really good thing to do with money that earnt very little in the bank. I now feel a part of this exciting project.
