Discount Market Rent (DMR) Definition

A form of Intermediate Rent housing made available at a cost lower than open market private rents to certain eligible households without any form of public sector subsidy. In order to qualify as affordable housing for the purpose of this policy, a landlord would have to offer DMR tenancies in accordance with the requirements and parameters set out in DfC's Intermediate Rent Policy (March 2023) detailed in relation to the Subsidised Intermediate Rent product above (see Footnote 5), but without any public sector subsidy. As this does not require the involvement of the Intermediate Rent Operator, it is considered particularly suitable for Build to Rent developments. The delivery and monitoring of DMR units will be secured as part of the s76 Agreement (refer to Section 5.3).