Discounted S106

Scheme

A developer builds houses and sells them on at a discounted price that is lower than the open market.
The discount % is agreed during the planning process.
Applicant will be required to comply with the eligibility criteria of the Section106. (Council Legal Document) e.g. Local Connection.
Discount can vary and you would be required to fund the remaining % with a combination of mortgage and savings.
A minimum deposit of 5%, subject to the requirements of the mortgage lender.
There is an assessment fee of £75.00.

Please note :- Since the 1st of April 2026, discounted S106 in Gwynedd is being administered by Gwynedd Council. Please contact tai@gwynedd.llyw.cymru / 01286 685100.

Eligibility Criteria

Be over 18 years of age.
Gross household Income must be between £16,000 - £60,000. See Income tab.
You will have to gain access to a mortgage or have sufficient savings and unable to purchase on the open market.
Local Connection - you will have to have at least 12 months of local connection to the area you choose to live in to be on the register e.g. living, working or close family contact :- Parents, grandparents, siblings, adult children. Each property will have their own local connection eligiblity criteria and this will be noted on the property advert.
Be unable to afford to buy a property suitable for your family size on the open market or through any other home ownership initiative.
You must be able to show the Tai Teg either that you are not adequately housed or that you can no longer afford to occupy your current home. e.g be unable to afford to buy a property suitable for your family size on the open market or through any other home ownership initiative. You must sell your current home before you can be considered for a property through Tai Teg. As part of the process a copy of your completion statement will be required from your solicitor.
Be British or an EU/EEA citizen, or have indefinite leave to remain.