Flintshire homebuilder welcomes Help to Buy Wales extension

A Flintshire-based homebuilder has praised the Welsh Government’s decision to extend the Help to Buy Wales scheme, which enables buyers to step onto the property ladder with a smaller deposit.

The scheme, which was due to end in March 2025, has been extended by 18 months and will now run until the end of September 2026. It allows first-time buyers and existing homeowners to take out an equity loan for up to 20% of the purchase price of a new home, interest-free for the first five years.

Anwyl Homes, based in Ewloe and one of 50 developers registered to offer the scheme, said the extension would provide much-needed support for homebuyers and the housing market.

Graeme Gibb, sales director at Anwyl Homes Cheshire and North Wales, said: “Help to Buy Wales provides a lifeline for many buyers who may otherwise be priced out of buying a home of their own.

“It ensures that even those with a smaller deposit can access more competitive interest rates, backed by an equity loan.

“It also provides an additional stimulus for the housing market, which in turn supports local economies where new homes are being built – bringing new people into the area to support jobs and local businesses and provide additional tax revenue.

“We welcome the Welsh Government’s pledge to extend the scheme and look forward to helping more people to achieve the dream of homeownership.”

The scheme is available exclusively for new homes priced up to £300,000, including Anwyl’s developments in Flintshire and Llandudno.

At Summers Bridge in Deeside, part of the redevelopment of the former RAF Sealand site, prices start at £170,000 for a one-bedroom apartment. Buyers can also choose two or three-bedroom homes within the scheme’s price cap.

At Croes Atti in Oakenholt, current prices begin at £259,995 for a three-bedroom detached home, while Parc Bodafon in Llandudno offers one-bedroom apartments starting at £189,995.

Since its launch in 2014, Help to Buy Wales has assisted thousands of buyers, including 140 at Anwyl’s Summers Bridge and Croes Atti developments.

Designed to support first-time buyers and those returning to homeownership, it has been a key driver of the Welsh housing market.

The scheme’s extension, announced as part of the Welsh Government’s Draft Budget in December 2024, is expected to be confirmed in the final Budget in February.