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Copeland launch discount house buying scheme

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Copeland Council is helping residents secure a new home with the launch of a new Discounted Sale scheme.

The council is inviting eligible people to register their interest in a Discounted Sale property that can be sold for up to 80 per cent of its open market value. The council will then notify those on the register when Discounted Sale properties are awarded planning permission, and invite them to apply for when plots are released.

Residents who cannot afford to buy on the open market, who have a local connection to the parish or town and meet other qualifying criteria, will be prioritised initially. 

The number of Discounted Sale properties provided is secured through the planning process and, in most cases, the discount applies to any subsequent sales of the property.

Copeland Council has launched the register in partnership with Gleeson Homes, whose Florence Drive development in Egremont is the first in the borough to offer Discounted Sale properties, with three of its 28 homes available under this process.

Mike Starkie, Mayor of Copeland, said: "We are delighted to support any opportunity that helps people find the right house for them.

“We know the scheme will provide opportunities for our residents to get their foot on - or move up - the property ladder, by accessing high-quality housing that they would otherwise be out of their price range.

“The eligibility criteria we have set out ensures that by assessing applicants’ housing need and their ability to purchase, we are matching up the right people with suitable, local housing, at an affordable price.”

Arron Passarelli, Divisional Managing Director for Gleeson, said: “We are delighted to be adding three discount market sale plots to Florence Drive, our excellent new development in Egremont.

“These homes will allow local people to own a home they can truly make their own. The majority of our buyers live within five miles of their new home, therefore we develop homes for young people that allow them to stay within the areas that they already love, as well as remaining close to their families.”

The Discounted Sale Register is now live and application forms and all eligibility criteria are available on the Copeland website

Details of the three Discounted Sale properties at Florence Drive, Egremont, can be found at Gleeson Homes

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Little Ireland | CLEATOR MOOR: Copeland launch discount house buying scheme
Copeland launch discount house buying scheme
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Little Ireland | CLEATOR MOOR
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