Data on the number of homes purchased and the value of the loans received under the scheme for July to September 2023.
In December 2022 the Minister for Climate Change announced the scheme in Wales would continue until March 2025 with all homes sold through the scheme needing to meet a minimum of EPC B and the purchase price cap rising from £250,000 to £300,000.
Since its inception on 2 January 2014 to 30 September 2023, there have been 13,871 completions under Help to Buy Wales. First time buyers accounted for over three quarters of these completions and over half of the completions were 3 bedroom properties.
- 102 property purchases were completed using a Welsh Government shared equity loan.
- Between 1 July and 30 September 2023 there were 5 completed purchases of leasehold properties, all of which were flats.
- At 30 September 2023 there were 196 applications for loans still outstanding.
- During the quarter, the value of properties purchased totalled £25.0 million whilst the value of equity loans totalled £5.0 million.
- The mean property purchase price using the scheme during this quarter was £245,548 with a mean equity loan value of £49,040.
The information is collected on behalf of the Welsh Government by Help to Buy - Wales Ltd. Information at a local authority level is published on StatsWales.
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