The Help to Buy Wales scheme will be extended until 2025, the Welsh Government has announced. The scheme, which no longer exists in England, has helped with the purchase of more than 13,400 homes since it was launched in 2014.
The scheme's extension was confirmed by Welsh Government finance minister Rebecca Evans ahead of a vote on the Welsh Government's final budget for the year. Ms Evans announced a £63m allocation in the budget to extend the scheme, saying: "The funding will assist Help to Buy to adapt to changes in the housing market, and address the impact of the economic climate on potential homeowners."
She added: "Close to £100m will be allocated towards measures to help people stay in their homes, and to support and create more social housing, aiming to avoid homelessness and repossessions."
