Discount Market Sale
Discount Market Sale Homes
Discover an affordable way to buy a new build home with our Discount Market Sale (DMS) scheme, available on selected plots and developments.
What is the Discount Market Sale scheme?
The Discount Market Sale (DMS) scheme is a council-backed homebuying initiative, designed to make homeownership more accessible. It allows eligible buyers to purchase a brand-new home at a discounted price, typically between 20% and 30% off the full market value.
This discount is set by the local authority, allowing buyers to secure their new build home at a reduced price.
How does the Discount Market Sale scheme work?
The low-cost housing scheme is designed to support first-time buyers, families and local homebuyers by providing easier access to more affordable homes.
The discount is permanent and applies to all future resales, meaning the property must always be sold to another eligible buyer at the same percentage discount.
Who can buy a Discount Market Sale home?
Eligibility criteria will vary depending on your local council, but typically, buyers must:
- Be a first-time buyer, with evidence of no previous property ownership
- Have proof of local connection to the area and demonstrate the need for affordable housing
- Have a household income within a certain limit (agreed by the local council)
- Be able to secure a mortgage for the discounted market price (as specified by the local council and developer based on local housing needs)
To find out more about your eligibility and the availability of our discounted new homes near you, contact the Sales Executive at your chosen Gleeson development or speak to your local authority.
Discount Market Sale FAQs
Yes, the discount must remain in place all future resales. This is to ensure the property continues to support those in need of affordable housing and is sold at the same discounted rate as which it was first purchased.
Yes, with a Discount Market Sale home, you will own 100% of your home, you are simply purchasing it at a reduced market price.
Yes, you will still need a deposit as normal. The amount required will be subject to lender, developer and local authority criteria.
Browse our website and find your preferred new build development. If a plot is available via the DMS scheme, this will be listed on the development page. Alternatively, contact a Gleeson Sales Executive or speak to your local authority for more details.
Discount Market Sale Homes are subject to eligibility and Local Authority criteria and will only be available on selected plots and developments. This scheme cannot be used in conjunction with any other Gleeson offer or incentive unless specifically authorised by Gleeson in its absolute discretion (and subject to lender approval, which may include a minimum buyer contribution). Please speak to our Sales Executive for more information.