Help to Buy - Wales (Shared Equity Loan Scheme): April to June 2019

Main points

• Between 1 April and 30 June 2019, 477 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 9,208.
• Over the quarter, the total value of these equity loans was £19.8 million. The value of the properties purchased totalled £99.8 million.
• At 30 June 2019 there were 733 applications for loans still outstanding.
• The mean purchase price of a property bought using the scheme during the quarter was £209,271, with a mean equity loan value of £41,437.
• Between 1 April and 30 June 2019 there were 42 completed purchases of leasehold properties. All of the 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.