Welsh Help to Buy scheme set for January launch

Welsh housing minister Carl Sargeant said the scheme will be available to would-be homeowners with small deposits from 2 January next year. The move follows the launch of the Help to Buy equity loan schemes across England in April and Scotland in September. The Help to Buy mortgage guarantee scheme has been available across the UK since its launch in October. The Welsh scheme will be open to borrowers with a 5% deposit with the Welsh government contributing a loan of between 10% to 20% of the purchase price. The scheme will apply to new build homes only and the property must be a buye...