two neighbours chatting outside the entrances of modern new‑build homes, each holding a drink and standing by pastel‑coloured front doors.

Help to Buy - Wales

Move with just a 5% cash deposit using the Welsh Government's Help to Buy - Wales scheme

Help to Buy Wales: Buy a new-build home with just a 5% dposit

If you're dreaming of buying a new home in Wales, the Help to Buy – Wales scheme could help you take the next step sooner.

Designed to make homeownership more accessible, the scheme allows eligible buyers to purchase a new-build home with just a 5% deposit by combining a mortgage with a Welsh Government equity loan.

At Persimmon Homes, we have a range of quality new homes in Wales, and our experienced sales teams are on hand to help you understand how the scheme works and whether it's the right option for you.

Please note: applications for the current Help to Buy – Wales scheme close on 31 March 2027, so if you're thinking about using the scheme, it's worth starting your home-buying journey as soon as possible.

What is the Help to Buy – Wales scheme?

Help to Buy – Wales is a Welsh Government initiative that helps eligible buyers buy a new-build home with a smaller deposit.

Here's how it works:

You provide a minimum 5% deposit.
The Welsh Government offers an equity loan of up to 20% of the purchase price.
You arrange a 75% repayment mortgage with a participating lender to cover the remaining balance.
The equity loan is interest-free for the first five years, helping to keep your initial home-buying costs lower. After this period, you'll begin paying interest on the loan until it's repaid.

The scheme is available on eligible new-build homes in Wales, up to the current maximum purchase price of £300,000 and is subject to the scheme's terms and conditions.

Who can apply?

The Help to Buy – Wales scheme is available to eligible buyers purchasing a qualifying new-build home in Wales. Whether you're buying your first home or moving up the property ladder, the scheme could help make your next move more affordable.

To apply, you'll need to meet the scheme's affordability criteria and be able to secure a repayment mortgage from a participating lender. The home you buy must also meet the scheme's eligibility requirements.

If you're unsure whether you qualify, our friendly sales advisors will be happy to explain the scheme and guide you through the process.

Browse participating developments

East Wales

Carn y Cefn, Ebbw Vale
Porth y Dyffryn, Merthyr Tydfil
The Parish @ Llanilltern Village, Creigiau

West Wales

Awel Y Mynydd, Burry Port
Bryn Awel, Carmarthen
Cwrt Y Brenin, Swansea
Ger Y Mor, Pembrokeshire
Llys Pentre, Swansea
Michaels Grove, Pontyclun
Morgans Walk, Pontyclun
Parc Y Fron, Carmarthen

North Wales

Queensgate, Deesside

Find your new home with Help to Buy - Wales

The Help to Buy - Wales scheme has specific terms and conditions and is subject to affordability criteria as defined by the Welsh Government. The Help to Buy - Wales scheme is available on plots in Wales, with a full purchase price up to £300,000, subject to status, terms and conditions apply. All homes purchased using the scheme will need to reach a minimum EPC B rating. Help to Buy - Wales eligible applicants will be offered an equity loan of up to a maximum of 20% of the purchase price (based on the open market value). The registered provider will hold the second charge on the property. Applicants are required to fund at least 80% of the purchase price by means of a conventional mortgage, savings and any deposit where required. Applicants must obtain their conventional mortgage from a qualified lending institution (e.g. a bank or building society). For the first five years there is no fee charged on the equity loan component. At the start of year six a fee is collected of 1.75% of the market value of the property at the time the loan is entered into multiplied by the outstanding percentage under the equity loan, the annual fee of 1.75% will be uplifted by RPI +1% p.a. Visit: gov.wales/help-buy-wales for further information.

**Available on selected plots subject to status. Terms and conditions apply.

A professional legal adviser is required to carry out the legal formalities of buying the home and to represent your interests. Persimmon can provide you with a list of recommended solicitors and/or financial advisers as necessary. Persimmon cannot advise you on a mortgage. The Help to Buy: Equity Loan scheme is subject to availability and may be withdrawn at any time without notice. Not to be used in conjunction with any other purchase assistance scheme, offer or promotion. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE, YOUR EQUITY LOAN OR OTHER DEBT SECURED ON IT. For full details on the Help to Buy: Equity Loan scheme please visit www.helptobuy.gov.uk.

Purchase schemes cannot be used in conjunction with any other scheme.