- 9 updates
Blencathra has been listed as a community asset by Eden District Council.
The sale of the Cumbrian fell was agreed with an unnamed bidder for more than the asking price of £1.75 million on Friday.
Community group Friends of Blencathra were disappointed not to win the sale but say they are delighted the mountain has been designated a community asset.
The Friends of Blencathra, the community group trying to buying the Lake District mountain, has responded to reports it has been sold to an 'unnamed party'.
The Cumbrian fell Blencathra has been sold to an unnamed bidder according to a press release issued by the agents H&H acting for the Lonsdale Estates.
Hugh Lowther put it on the market at 1.75 million pounds plus VAT as he needs to raise two million pounds to pay off a nine million pound inheritance tax bill.
Blencathra is one of the Lake District's most popular fells. When it was put up for sale in May it created a flurry of interest.
Locally a group, called the Friends of Blencathra, set up a social media campaign to raise the money to buy it. Thousands of people made pledges and on Tuesday, 24 hours ahead of the deadline for sealed bids, those involved with the charity had their fingers crossed that they would be successful.
Earlier a statement from the land agent said:
'We confirm that our client Lonsdale Settled Estate has instructed us to accept an offer from an unnamed buyer which exceeds the guide price for Blencathra Mountain.
Prior to reaching this decision we had discussions with representatives from ‘The Friends of Blencathra’. We have taken into account both their offer and the fact that there is a significant shortfall between this, and the successful offer.'
Debbie Cosgrove, founder and chair of the Friends of Blencathra says the group are shocked and disappointed as they had said they could match the higher offer within 24 hours.
Campaigners could face a lengthy wait to find out if they've been successful in their final bid to buy the Lake District mountain Blencathra.
Bids were sealed yesterday, after the iconic mountain was put on the market for nearly two million pounds by its current owner, the Earl of Lonsdale.
After six weeks of campaigning and fundraising, the wait is almost over for the Friends of Blencathra to see if they have done enough to reclaim the mountain in the Lake District for the community.
It was put up for sale in May with a guide price of £1.75m.
Since then, supporters from all over the country plus some celebs have joined the charity to try to buy it as a community asset. Bidding closed at midday today (July 2).
Kim Inglis met three generations who have grown up visiting the mountain and want to make sure the next three generations have the chance to do the same.
The deadline for sealed bids to buy a Lake District mountain closed at midday today (2nd July).
Blencathra was put on the market at 1.75 million pounds in May. Its owner Lord Lonsdale did it because he needs to raise nine million pounds to pay an inheritance tax bill.
It prompted a group called "Friends of Blencathra' to set up a campaign to raise enough money to buy it as a community asset.
Kim Inglis spent the day with the group in Threlkeld.
The deadline for sealed bids to buy a Lake District mountain closed at midday.
Blencathra was put on the market at £1.75 million by Lord Lonsdale in May.
A group called 'Friends of Blencathra' set up a social media campaign to encourage people to pledge money to buy it.
Kim Inglis caught up with Sir Chris Bonnington, who is part of the campaign, and the groups founder Debbie Cosgrove out celebrating the fact that their bid is in.
Bidding for the iconic mountain, Blencathra, closed at midday today (2nd July).
Campaigners fighting to keep Lake District mountain Blencathra in the community's hands must submit their final bid today.
The mountain, which is up for sale for nearly £2million pounds, was put on the market by the Earl of Lonsdale earlier this year.
The mountain went on sale on the 5th May. Thousands of people have already pledged money to buy the iconic mountain. Sealed bids must be submitted by midday.