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Statistics

Help to Buy - Wales: Shared Equity Loan Scheme

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  • Release date: 26 October 2017
  • Period covered: 1 July to 30 September 2017
  • Next update: 25 January 2018
Data which includes information on the number of homes purchased and the value of the loans received under the Help to Buy - Wales: Shared Equity Loan scheme.

Key points

  • Between 1 July to 30 September 2017, 357 property purchases were completed using a Welsh Government shared equity loan. This brings the total number of purchases under Help to Buy Wales since its introduction on 2 January 2014 to 5,838.
  • At 30 September 2017 there were 840 applications for loans still outstanding.
  • Between 1 July and 30 September 2017, the total value of these equity loans was £13.9 million, with the value of the properties purchased totalling £70.1 million.
  • The mean purchase price of a property bought using the Help to Buy – Wales Shared Equity Loan Scheme during the quarter was £196,416, with a mean equity loan value of £38,900.
  • The majority of homes purchased through the Help to Buy – Wales Shared Equity Loan Scheme between 1 July and 30 September 2017 were to first time buyers, accounting for 72 per cent of all completions.

Note

The information is collected on behalf of the Welsh Government by Help to Buy (Wales) Ltd.

Further information

Key results published quarterly and a report will be published annually. These will include StatsWales updates. The information published on StatsWales includes local authority level data.

Contact

Statistician
Tel: 0300 025 5055
Email: stats.housing@gov.wales

Media
Tel: 0300 025 8099

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