Help to buy

What is it?

A Welsh Government initiative to help first time buyers and existing home owners purchase a new-build home up to a value of £300,000 with as little as a 5% deposit.

This initiative is funded by the Welsh Government and applies to all eligible buyers in Wales.

Help to buy scheme

How does it work?

The Welsh Government will lend you up to 20% of the value of your new build WDL home up to the value of £300,000 through an interest free equity loan for 5 years.

This means you’ll only need to secure a 75% mortgage with a 5% deposit.

See the below for an explanation on a new home worth £200,000.


5% ( £10k*)

You will need to contribute at least 5% of the property price as a deposit.

The welsh government

20% (£40k*)

The welsh government will give you a shared equity loan for up to 20% of the price.

The mortgage lender

75% (£150k*)

You will need a mortgage of up to 75% to cover the rest.

*Based on a £200k home.