Legal News

Help to Buy Wales scheme to be extended until March 2023

Published on: 18 September 2020
Published by LNB News

LNB News 18/09/2020

Document Information

Issue Date: 18 September 2020

Published Date: 18 September 2020

Jurisdiction(s): Wales

Article summary

The Welsh Minister for Housing and Local Government, Julie James, has announced that the Help to Buy Wales scheme is to be extended for a third phase until March 2023 subject to the availability of funding from the UK Government. The third phase of the scheme is to introduce some changes from April 2021, including a reduction of the price cap from £300,000 to £250,000, and ensuring that all homes purchased using the scheme are not just of good quality, but are also broadband ready.

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