Newcastleton and District Community Trust’s (‘NDCT’) concluded their purchase of Holm Hill, from Buccleuch’s Borders Estate.
And Buccleuch said it was delighted that NDCT have been able to complete the purchase and, as a community, are able to develop their plans for the area.
Executive chairman Benny Higgins said: “This is a very significant community buyout and demonstrates what can be achieved through people working shoulder to shoulder in order to turn hopes and dreams into reality.
“We are delighted to have worked alongside the Newcastleton and District Community Trust, whose passion and commitment is tremendous.
“We heartily congratulate the trust team who spared no effort in ensuring the transfer of this land has been completed as quickly and smoothly as possible. We look forward to watching their plans come to fruition.”
Buccleuch has been reducing the footprint of its landholdings in the last decade and has sold approximately 30,000 acres of land in this period to farmers and community organisations.
Revenue has been reinvested in a variety of business projects across the farming, forestry, renewable energy and leisure and hospitality sectors.
Buccleuch is currently in dialogue with two further community groups, at Wanlockhead and Langholm, over their community buyout proposals.