Home ownership

Discount Market Sale

Discount market sale (DMS) is a low cost home ownership product where a new build property or resale property is purchased at a discounted price.

Discount market sale allows you to purchase a new build/resale property that is discounted by at least 20% of the full market value, for example, the cost of purchasing a £250,000 home will be £200,000 after discount. 

The scheme aims to help people low and middle income earners living and/or working in the borough to get onto the property ladder.  

As the property is discounted, housing costs are reduced significantly.  Applicants will need a mortgage and/or savings to cover the discounted price of the property. Monthly outgoings will comprise of a mortgage payment and service charge only. 

When selling the property, the same discount is reapplied (on the full market value at the time of the sale) enabling the home to remain affordable to a resale purchaser.

Victoria Court front room 1Victoria Court, Linden Avenue, Ruislip (above Ruislip Manor Library) 

View images for Victoria Court

Check your eligibility for Discount Market Sale

One bedroom split level discount market sale apartment available for resale. The flat is valued at £320,000 and the 30% discounted resale price is £224,000. 

Features include:  

  • double bedroom with mirrored wardrobe storage 
  • Juliette balcony as well as a large open balcony via the bedroom
  • large storage cupboard in the hallway
  • large communal roof terrace on the first floor which also provides access to the flat. 
  • video entry phone system and a burglar alarm.
  • fob controlled entrance to the apartments   
  • allocated car parking space in a private gated underground car park which is also fob controlled.
  • walking distance to Ruislip Manor Station and shops  
  • eleven years old and situated above Ruislip Manor library 

To arrange a viewing please contact the leaseholder Debbi Douglas on 07739 722294.  Those interested will be considered on a first-come-first-served basis.

Page last updated: 17 Jan 2020