Help to Buy is a government scheme that helps first-time buyers step onto the property ladder. The scheme is open in Wales until 31 March 2025, but it has closed to new applicants in the rest of the UK. There are other schemes that can help you buy a home if you missed out on Help to Buy.
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Help to Buy - Wales: builder and developer agreement. Help to Buy - Wales: application guidance for financial advisors and mortgage brokers. Help to Buy - Wales: post-sale information leaflet. Help to Buy - Wales: equity loan calculator. Help to Buy - Wales: change of ownership form.
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Help to Buy – Wales is a Welsh Government scheme that provides a shared equity loan to home buyers.
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The Help to Buy scheme for the purchase of new build houses will be extended in Wales until 2025. The Finance Minister, Rebecca Evans, confirmed that the Welsh government will spend £63m to...
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Homebuy – Wales: Equity loan scheme of between 30% to 50% for those who meet specific criteria to buy a property. Use our tool to help find which home ownership is suitable for you.
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Help to Buy – Wales is an equity loan from the Welsh Government that you put towards the cost of buying a newly built home. Help to Buy – Wales aims to provide support to people, who would not be able to get onto the property ladder without the support of the scheme.
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Use this tool to find a home ownership scheme suitable for you.
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Help to Buy – Wales is a Welsh Government scheme that provides shared equity loan assistance to home buyers.
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From the 1 st April all homes sold through the scheme, will need to meet a minimum of EPC B and the purchase price cap will rise from £250K to £300K. Download the application form for the extended scheme.
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From April 2023 until March 2025, Help to Buy – Wales is available on new-build houses with an EPC rating of B or higher and a purchase price of no more than £300,000. Calculate what monthly payments are affordable for you. Cost Of Property : £200,000. Mortgage Term : 30 Years. Your Deposit : £10,000.
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If you're buying in Wales ask about the Welsh Government's Help to Buy - Wales scheme. Available until March 2025, Help to Buy Wales is a scheme to benefit to both first-time buyers and people already on the property ladder.
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With a Help to Buy - Wales equity loan, you can purchase your newly built home with just a 5% deposit. As part of the scheme, the Government lends you up to 20% of the cost of your home, meaning that you’ll only need a 75% mortgage to make up the rest.
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Similar to the Help to Buy England and Help to Buy Scotland schemes, the Help to Buy Wales Equity Loan scheme could allow you to move home with as little as a 5% deposit and a 75% mortgage. Under the Help to Buy Wales scheme you can make up the rest with a 20% equity loan from the government.
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Help to Buy – Wales is an initiative that provides shared equity loan assistance to home buyers from Help to Buy (Wales) Limited (HtBW) with funding provided by the Welsh Government.
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To apply for the scheme you must: read the Help to Buy – Wales Buyers Guide, which provides full details about the scheme. find an approved Help to Buy – Wales independent financial advisor. find an eligible property being offered by a registered Help to Buy – Wales builder.
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Help to Buy - Wales: frequently asked questions. What homebuyers can and cannot do as part of the equity loan scheme. Part of: Help to buy a home. First published: 29 June 2021. Last updated: 26 July 2024. Is the Help to Buy – Wales Scheme only available for new builds?
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With Help to Buy – Wales, you could buy a brand-new home sooner than you think. You only need a 5% deposit. The Government lends you up to 20% of the value of the property. The loan is interest-free for five years, making your brand-new home more affordable. You then need to secure a 75% mortgage.
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The Equity Mortgage needs to be repaid within 25 years. However, you are free to pay off your Equity Mortgage at any point within that period. You can repay either a proportion or the entirety of the amount owing under your Equity Mortgage with or without selling your Property.
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Help to Buy - Wales: participating lenders. To be eligible for the scheme you must take out a first charge repayment mortgage with one of the registered Help to Buy – Wales lenders. To be eligible your home must be bought with a mortgage from one of these lenders.
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This guidance contains comprehensive information for those looking to apply for the Help to Buy – Wales scheme. It contains details about: how the scheme works; eligibility; how to apply; terms and conditions; The guidance should be read before completing the Help to Buy – Wales application form.
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