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Statistics

Help to Buy - Wales: Shared Equity Loan Scheme

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  • Release date: 24 January 2019
  • Period covered: 1 October to 31 December 2018
  • Next update: 25 April 2019
Data which includes information on the number of homes purchased and the value of the loans received under the scheme.

Key points

  • Between 1 October and 31 December 2018, 678 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 8,485.
  • Over the quarter, the total value of these equity loans was £26.8 million. The value of the properties purchased totalled £135.2 million.
  • At 31 December 2018 there were 547 applications for loans still outstanding.
  • The mean purchase price of a property bought using the scheme during the quarter was £199,424, with a mean equity loan value of £39,533.
  • Between 1 October and 31 December 2018 there were 83 completed purchases of leasehold properties. Of these only 3 were houses, which is significantly less than the 40 recorded in the same quarter of last year.
  • The majority of homes purchased through the scheme to date have been to first time buyers, accounting for 76 per cent of all completed purchases.

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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