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Help to Buy

Help to Buy in Wales

Buy a new home with just 5% deposit

Help to Buy is available across Wales

If you're buying in Wales ask about the Welsh Government's Help to Buy - Wales scheme.

Available to first-time buyers and people already on the property ladder, this scheme requires just a 5% deposit and a repayment mortgage of up to 75% of the value of the property. The remaining 20% of the purchase price is lent to you by the Welsh Government in the form of an equity loan. You won’t be charged interest on the 20% equity loan for the first 5 years of owning your home.

Help to Buy scheme
Help to Buy scheme example

Help to Buy for customers in Wales

The Welsh Government's Help to Buy - Wales equity loan scheme
  • Available on new-build properties in Wales up to £250,000
  • There's no household annual income limit and it's available to all types of home buyers
  • You only need: - a minimum 5% deposit; and - no more than a 75% repayment mortgage
  • The Welsh Government will lend you an equity loan of up to 20% of the full purchase price of the home, it's interest-free for the first five years.
  • You can repay your Help to Buy - Wales equity loan at any time, when you sell your home,or you can wait until the end of its term
5% deposit + 20% equity loan + 75% mortgage = 100% home ownership

Help to Buy FAQs

Where are the schemes available?

The Welsh Government backed Help to Buy – Wales scheme is available across all Persimmon developments in Wales only on homes up to £250,000.

Can you clarify the equity loan element?

The Welsh Government will provide you with an equity loan up to 20% value of the full purchase price of the property. This loan is interest-free for the first five years. From year six you will be required to pay an interest fee of 1.75% of the amount of your equity loan, rising each year after that by the increase (if any) in the Retail Prices Index (RPI) plus 1%.

What are the repayment terms of equity loans under the Help to Buy – Wales scheme?

You can repay the equity loan any time within the first 25 years (or the term of the mortgage), or when you sell the property. In addition, it is also possible to repay part of the equity loan subject to certain limits and criteria.

Are equity loans under the Help to Buy – Wales scheme available on pre-owned homes?

No, this scheme is only available on new-build homes like those built by Charles Church.

Can I use this scheme if I already own a home?

Yes, this scheme is available to both first-time buyers and existing homeowners.

Are equity loans under the Help to Buy – Wales scheme available under a buy-to-let option?

No. This scheme is only available to purchasers using the property as their main residence.

What types of mortgage are available with equity loans under the Help to Buy – Wales scheme?

You must arrange repayment mortgages with this scheme.

Where can I get independent financial advice?

Charles Church can put you in touch with a list of recommended independent financial advisers who can assist you every step of the way.

Help to Buy - Wales terms and conditions

The Help to Buy - Wales scheme has specific terms and conditions and is subject to affordability criteria as defined by the Welsh Government. The scheme is available on all plots in Wales, with a full purchase price up to £250,000, subject to status, terms and conditions apply. Help to Buy - Wales eligible applicants will be offered an equity loan of up to a maximum of 20% of the purchase price (based on the open market value). The registered provider will hold the second charge on the property. Applicants are required to fund at least 80% of the purchase price by means of a conventional mortgage, savings and any deposit where required. Applicants must obtain their conventional mortgage from a qualified lending institution (e.g. a bank or building society). For the first five years there is no fee charged on the equity loan component. At the start of year six a fee is collected of 1.75% of the market value of the property at the time the loan is entered into multiplied by the outstanding percentage under the equity loan, the annual fee of 1.75% will be uplifted by RPI +1% p.a. Visit: for further information.

**Available on selected plots subject to status. Terms and conditions apply.

A professional legal adviser is required to carry out the legal formalities of buying the home and to represent your interests. Charles Church can provide you with a list of recommended solicitors and/or financial advisers as necessary. Charles Church cannot advise you on a mortgage. The Help to Buy scheme is subject to availability and may be withdrawn at any time without notice. Not to be used in conjunction with any other purchase assistance scheme, offer or promotion. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE, YOUR EQUITY LOAN OR OTHER DEBT SECURED ON IT. For full details on the Help to Buy Scheme please visit

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