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The price of this home is 70% of the full market value. The DMV scheme is promoted by Durham County council. Explore through the front door to this two bedroom Kenley home and you’ll find a spacious lounge, perfect for relaxing with the family. Through the hall there is a contemporary kitchen/diner with French doors leading to the garden. Up a flight of stairs you’ll wake up in one of two spacious double bedrooms. Completing this home is a modern family bathroom.
Who can apply for the scheme: The scheme is for people who are unable to afford to buy a property from the open market. As mentioned above the eligibility criteria can vary but will generally include criteria such as: - Your income must be such that you cannot afford to buy a property at open market value in the area, a household income of no more than 45% of the discount market value of the home - You must have a local connection to the area – meaning that you must have lived in the rural west of the Councils administrative area continuous period of 3 years or have a close family connection with a person living in the Rural West for a continuous period of 3 years. - You must be legally allowed to own a property in the UK. - You must not have a financial interest in any other residential property.