Help to Buy - Wales (Shared Equity Loan Scheme): July to September 2024

In December 2024 the Cabinet Secretary for Housing and Local Government announced the scheme in Wales would continue until September 2026.

• Since its inception on 2 January 2014 to 30 September 2024, there have been 14,490 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.
• Between 1 July and 30 September 2024, 112 property purchases were completed using a Welsh Government shared equity loan. 
• Between 1 July and 30 September 2024 there were 3 completed purchases of leasehold properties, all of which were flats.
• At 30 September 2024 there were 185 applications for loans still outstanding.
• During the quarter, the value of properties purchased totalled £28.3 million whilst the value of equity loans totalled £5.6 million.
• The mean property purchase price using the scheme during this quarter was £252,371 with a mean equity loan value of £50,000.

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.

Statistician: Craig McLeod
Email: stats.housing@gov.wales

Media: 0300 025 8099