Discount Market Sale: Eligibility and prioritisation

What is the Discount Market Sale eligibility criteria?

Discount Market Sale is a low-cost housing product designed to make homeownership more accessible, allowing eligible applicants to buy new-build properties at a discounted price. Homes under this scheme are available to help low and middle-income buyers living and/or working in London.

Learn more about Discount Market Sale and how it works here.

Am I eligible for Discount Market Sale?

If you’re interested in buying a home through the Discount Market Sale scheme, you’ll need to meet the following set of criteria:

• Location requirement: You need to live or work in the borough of the development, and there are instances where this will need to have been for a certain number of years.
• Income cap: At the time of application, your annual household income before taxes must not exceed 45% of the Discount Market Sale price of the property.
• Homeownership restriction: You must not already own another home.

What are the allocation and prioritisation rules for Discount Market Sale?

While there are no set allocation and prioritisation rules, we recommend checking with the relevant housing provider or local authority where the development is located as some councils may have additional requirements.

Where can I search for Discount Market Sale homes?

If you think the Discount Market Sale scheme could be your perfect path to homeownership, explore properties available through this housing product on our portal. Want to learn more before searching for a property? Explore our Discount Market Sale guides below for more information.