Affordable housing - discount market sale scheme customer information guide

To purchase a Discount Market Sale property, you must meet the eligibility criteria listed in this guide. Discount Market Sale properties can be sold either directly from the House Builder, a Registered Provider, or an Estate Agent. Enquiries should be made through the House Builder, Registered Provider, or Estate Agent who are marketing the property. If you are considering purchasing a new build Discount Market Sale property, the House Builder's sales office will advise you if the eligibility criteria applies to the sale as this is dictated by the length of time the property has been marketed for sale. If you are considering purchasing a re-sale Discount Market Sale property, the eligibility criteria is applicable during the twelve week notice period. If you have any questions about eligibility, please email strategichousing@stockton.gov.uk 

The discount is provided by the house builder for all initial purchases and by the existing property owner for resales. Stockton-on-Tees Borough Council determine the level of discount from open market value which needs to apply to each Discount for Market Sale dwelling. Details of the local discount applied will be contained within the property title deeds and part of the s106 planning conditions applied to the location of the Discount for Market Sale dwelling(s). Your solicitor should be able to advise you of any payments you need to make in completing the conveyancing and purchase of your new home. 

There are several new build developments in the Borough of Stockton-on-Tees. You should contact the House Builder, Registered Provider or Estate Agent through the sales office on site, or by telephone to discuss which properties are available as part of the Discount Market Sale Scheme.  

Sales of existing homes will be made by the current owner who may choose an Estate Agent to market the property. 

When purchasing through a House Builder, the sales office is required to contact the Strategic Housing Team to gain approval for the sale. When purchasing a re-sale property, the seller's solicitor is required to gain approval for the sale from Stockton-on-Tees Borough Council by emailing strategichousing@stockton.gov.uk   

We strongly recommend you obtain independent financial and legal advice prior to entering an agreement of sale. Stockton-on-Tees Borough Council are unable to provide or recommend details of independent financial or legal representatives.