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Help to Buy - Wales

Help to Buy - Wales

If you are struggling to buy a home in Wales, you may be able to get financial support through a variety of home ownership initiatives.

There are two Help to Buy products available for buyers in Wales:

Help to Buy – Wales:
Shared Equity Loan

A Welsh Government 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.

This initiative is funded by the Welsh Government and applies to all eligible buyers in Wales.

Builders can register to participate

Help to Buy:
UK Mortgage Guarantee Scheme

Available on both pre-owned and new build properties up to the value of £600,000. The scheme supports mortgage lending of up to 95% of the purchase price.

You can apply direct to participating lenders to use the scheme. The lender will check you are able to make the repayments before they offer you a mortgage.

This is a UK Government scheme and applies to all eligible buyers in the UK.

You can also get help through the following Welsh affordable housing initiatives:


The Homebuy scheme is a Welsh Government scheme that offers support to households by providing an equity loan (normally 30% of the approved purchase price, but this can be increased to 50%) to assist in purchasing a property. It is the responsibility of Welsh local authorities to decide whether Homebuy is a priority for their Social Housing Grant allocation.

Rent First

Rent First is a Welsh Government scheme that provides rented housing at intermediate rents and an opportunity for tenants to buy their property outright. Local Authorities can allocate funding for the scheme via their Social Housing Grant allocation.