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Carl Sargeant welcomes Help to Buy success
Since the introduction of the Help to Buy Wales scheme in 2014 a total of 4,949 property purchases were completed using a Welsh Government Help to Buy-Wales shared equity loan.
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- Carl Sargeant welcomes Help to Buy success
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The amount of funding allocated to Welsh Government Main Expenditure Groups (MEGs) for 2017-18 is £15bn.Learn more »
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Help to Buy – Wales
Help to Buy – Wales (external link) is our initiative to help first time buyers and existing home owners purchase a new-build home up to a value of £300,000 with as little as a 5% deposit. It applies to all eligible buyers in Wales. All builders – large and small – are able to register with the scheme.
We are investing up to £290m in a second phase of the shared equity loan scheme, which will aim to support the construction of more than 6,000 additional new homes by 2021, significantly boosting Wales’ building industry and making home ownership achievable for thousands more families.
As with the current scheme, the second phase of Help to Buy - Wales will continue to provide shared equity loans of up to 20% of the price of a new build property up to the value of £300,000. This equates to loans of up to £60,000 interest free for 5 years and at below-market rates thereafter.
More information can be found on the Help to Buy – Wales website, or email:
Solicitors/Conveyancers - email@example.com
General Enquiries: firstname.lastname@example.org
Post Completions - email@example.com
Telephone: 08000 937 937 (Monday to Friday 9:00am – 17:30pm)