Discounted Market Sale Scheme
Discounted home ownership from your local authority
What is discounted home ownership?
Discounted home ownership schemes are offered by some local councils. These give a 25-50% discount on a small number of new homes for those with local connections to the area.
The aim of the scheme is to help households with low income purchase their own new homes. Unlike shared ownership schemes, a discount market sale scheme means the purchaser will fully own their own home, but at a more affordable price.
Who offers discounted home ownership schemes?
Your council or local authority may offer an affordable home scheme or discounted sale scheme. A set number of discounted new build homes or properties in new developments may be available. Each authority sets their own criteria, usually including having a local work or family connection to the area.
How can I find out about discounted sales schemes in my area?
Take a look at your local council website as well as the Own Your Home website from the government. Our local sales consultants can help you with details of which Bovis Homes developments include such schemes.
Who should consider a discount sale scheme for new houses?
If you’re currently struggling to afford to buy a new house in an area where you’ve always lived, a discount market sale scheme could be for you.
You might want to consider a discounted home ownership scheme if:
- You’ve been priced out of the current market due to a steep rise in house prices and stagnant income.
- You want to own your own home without having part of your home owned by someone else.
- You want a new home that’s ready to move into.
If you’re currently living and working within a local authority area that has a discount sale scheme, one of our new homes could be within reach.
How can I find out about discounted sales schemes in my area?
The first step is to take a look at your local council website as well as the Own Your Home website, which offer local and national government advice on home ownership, respectively.
If you think you could be eligible, get in touch with our local sales consultants. They’ll be on hand to advise on which Bovis Homes developments include discounted sales schemes and affordable housing.