Help to Buy - Wales (Shared Equity Loan Scheme): October to December 2019

Main points

• Between October to December 2019, 623 property purchases were completed using a Welsh Government shared equity loan.
• This brings the total number of purchases under Help to Buy-Wales since its introduction on 2 January 2014 to 10,215.
• Over the quarter, total value of these equity loans was £25.2 million. The value of properties purchased totalled £127.6 million.
• At 31 December 2019 there were 442 applications for loans still outstanding.
• The mean property purchase price using the scheme during this quarter was £204,875, with a mean equity loan value of £40,439.
• Between 1 October and 31 December 2019 there were 54 completed purchases of leasehold properties. All leasehold properties were flats.
• The majority of homes purchased through the scheme to date have been to first time buyers, accounting for 76% of all completed purchases.

Note

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.