Discounted market sales housing - Revision history

Editor at 12:56, 20 February 2024

2024-02-20T12:56:16Z

← Older revision		Revision as of 12:56, 20 February 2024
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	= Related articles on Designing Buildings =		= Related articles on Designing Buildings =

−	* Affordable housing.	+	* Affordable housing
	* Affordable housing for rent.		* Affordable housing for rent.
	* National Planning Policy Framework.		* National Planning Policy Framework.

Editor at 12:51, 20 February 2024

2024-02-20T12:51:37Z

← Older revision		Revision as of 12:51, 20 February 2024
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−	~~The~~ National Planning Policy Framework (NPPF), ~~published~~ by the ~~Ministry of Housing, Communities~~ and ~~Local Government in~~ 2021~~, suggests that discounted~~ market sales housing~~: ‘…is~~ that sold at a discount of at least 20% below local market value. Eligibility is determined with regard to local incomes and local house prices. Provisions should be in place to ensure housing remains at a discount for future eligible households.’	+	Affordable housing is defined in the National Planning Policy Framework (NPPF) as 'housing for sale or rent, for those whose needs are not met by the market (including housing that provides a subsidised route to home ownership and/or is for essential local workers); and which complies with one or more of the following definitions (Affordable Homes Update Written Ministerial Statement published on 24 May 2021)
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		+	In particular section c) Discounted market sales housing is defined as "that sold at a discount of at least 20% below local market value. Eligibility is determined with regard to local incomes and local house prices. Provisions should be in place to ensure housing remains at a discount for future eligible households."
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		+	The National Planning Policy Framework was revised in response to the Levelling-up and Regeneration Bill: reforms to national planning policy consultation on 19 December 2023 and sets out the government’s planning policies for England and how these are expected to be applied. This revised Framework replaces the previous National Planning Policy Framework published in March 2012, revised in July 2018, updated in February 2019, revised in July 2021 and updated in September 2023, for further details follow this link [https://www.gov.uk/government/publications/national-planning-policy-framework--2 National Planning Policy Framework updated 2023].

	= Related articles on Designing Buildings =		= Related articles on Designing Buildings =

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The National Planning Policy Framework (NPPF), published by the Ministry of Housing, Communities and Local Government in 2021, suggests that discounted market sales housing: ‘…is that sold at a discount of at least 20% below local market value. Eligibility is determined with regard to local incomes and local house prices. Provisions should be in place to ensure housing remains at a discount for future eligible households.’

= Related articles on Designing Buildings =

* Affordable housing.
* Affordable housing for rent.
* National Planning Policy Framework.
* Planning permission.
* National Planning Framework.
* National Planning Practice Guidance.
* Neighbourhood development order.
* Outline planning permission.
* Planning legislation.

[[Category:DCN_Definition]] [[Category:Definitions]]