Help to Buy – Wales

Description

A shared equity loan of up to 20% of the purchase price towards a new-build home in Wales costing no more than £300,000, bought from a builder registered with the scheme. You need a 5% cash deposit and a repayment mortgage, and between them the mortgage and deposit must cover at least 80% of the price. The scheme had been due to close to new applications on 30 September 2026, but the Welsh Government extended it in July 2026: applications now have to be submitted by 31 March 2027, with around 400 further households expected to be helped.

Eligibility summary

• Available in: Wales.
• Open to individuals — not restricted to businesses.
• Relevant income bands: earning under the Personal Allowance, basic rate taxpayers, higher rate taxpayers.

Notes

Open to home movers as well as first-time buyers. You cannot sublet the property, and you cannot rent out an existing home in order to buy a second one through the scheme. The equity loan is repaid when you sell or when you choose to buy it out, at the same percentage of the then-current value. Completion deadlines run some months beyond the application deadline but the revised completion backstop following the extension was not confirmed on the official pages during this pass — check with the scheme before relying on a completion date.

Requirement

Buying a new-build home in Wales priced at no more than £300,000 from a Help to Buy – Wales registered builder, with a minimum 5% cash deposit and a first-charge repayment mortgage from a qualifying lender covering, with the deposit, at least 80% of the price.