Move with just a 5% deposit.

Available to first-time buyers and people already on the property ladder, you’ll need just a 5% deposit and a repayment mortgage of up to 75% of the value of the property. The remaining 20% of the full 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 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