We work with private developers to secure discounted sale properties on new housing developments. The properties we negotiate depend on the location of the development and the identified housing need in that area. Most of the properties are sold at 70% of the full market value to qualifying applicants; although the discounts are smaller on some older schemes. Homes bought this way are secured via a Section 106 Agreement which means the house will never be sold at full market rate. If you are not absolutely sure about how the Section 106 Agreement would affect you, or what the different clauses mean, you should consider seeking the advice of your own solicitor.
Who can buy these properties
You must apply to the council for these properties and would need to:
- demonstrate in financial terms that you require the discount on the property in order to afford it, and
- have a local connection to the parish, ward or district
How to apply
You must complete an application form for low cost housing and be registered on our waiting list. You can either:
- complete the low cost housing online form
- download the low cost housing application form (PDF 158KB)
- request a form by email lowcosthousing@cumberland.gov.uk or telephone 01228 817079
In addition to your application form, we will require:
- proof of ID, for example - Passport or Driving Licence
- last two months payslips (eight weeks if paid weekly)
- evidence of savings (must be recent)
- last two months bank/building society statements from all current account/s
- Decision in Principle or Mortgage Certificate - The mortgage advisor/lender must be made aware that the property is subject to a Section 106 Agreement
All information you provide will be treated as strictly confidential. We may also ask for further information depending on what is detailed in the application form.
What is currently available
| Address | Property type | Open market value | Discount value | Marketed with |
|---|---|---|---|---|
| New build Plot 51 (First Homes) Fawns Wood, Longtown | 2 bed house | £140,000 | £98,000 | Sold - subject to contract |
| Kittiwake Close | 3 bed house | £205,000 | £164,000 | Sold - subject to contract |
| Lowry Gardens | 2 bed apartment | £105,000 | £73,500 | BPK Estate Agents |
| Fenwick Drive | 2 bed first floor apartment | £128,000 | £89,600 | Sold - subject to contract |
| Turnstone Drive | 2 bed apartment | £125,000 | £100,000 | BPK Estate Agents |
| New build plots 45 and 46 (First homes) Fawns Wood, Longtown | 2 bed house | £145,000 | £101,500 | Sold - subject to contract |
If you would like to arrange a viewing or require further details on any of the properties, please contact the Estate Agent or Developer directly.
Self-Build and Custom Housebuilding
We have set up a register for people, or groups of people, interested in building or commissioning their own homes. Custom/ self-build housing is defined as:
Homes built or commissioned by individuals or groups of individuals for their own use, either by building the homes on their own, by employing builders or buying bespoke designs from a developer.
Find further information on self-build and custom housebuilding.
Home Reach / 'Heylo' Housing Shared Ownership
If you are interested in shared ownership housing - a part-rent / part-buy scheme where someone purchases a share in a property and pays a rent on the remainder.
Further information on the scheme is available on Heylo's website.