Help to Buy - Wales (Shared Equity Loan Scheme): April 2022 to March 2023

This release provides information for the period 2 January 2014, when the scheme was introduced, to 31 March 2023.

Main points

• Between 2 January 2014 and 31 March 2023, 13,641 properties were purchased under the Help to Buy-Wales scheme. 76% of total purchases were completed by first time buyers. Over this period, the total value of equity loans was £537.6 million and the total value of properties purchased was £2,721.0 million.
• Completed purchases using the Help to Buy-Wales scheme in 2022-23 totalled 472.
• To date, the mean purchase price paid for all completed purchases was £199,473 whilst the median was lower at £194,995.
• During 2022-23, the mean purchase price paid was £218,270 and the median was £231,995.
• Since the start of the scheme to 31 March 2023, almost three quarters (73%) of all completed purchases have been by those with an average household income of between £20,001 and £50,000.
• Over half (54%) of all purchases to date were of three bedroom properties and 47% were for households with 2 adults and no children.

Note

The information is collected on behalf of the Welsh Government by Help to Buy - Wales Ltd. Information at a local authority level is published on StatsWales.