In this guide
1. Overview
Help to Buy – Wales provides a shared equity loan to buyers of new-build homes. The scheme supports the purchase of homes bought through a registered Help to Buy – Wales builder.
How it works
With Help to Buy – Wales:
- you must provide a 5% deposit
- the scheme provides a shared equity loan of up to 20% of the purchase price
- you must take out a repayment mortgage to cover the remaining amount
Financial example
| For a property worth £200,000 | Amount | Percentage |
|---|---|---|
| Cash deposit | £10,000 | 5% |
| Shared equity loan | £40,000 | 20% |
| Your mortgage | £150,000 | 75% |
Not sure if this is for you?
Use our scheme finder to find out which other home ownership schemes you may be eligible for.