Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

Help to Buy Wales Scheme Extended Until March 2027

Help to Buy Wales, which was due to close to new applications in September, has been extended until 31 March 2027. The Welsh government estimates that up to 400 additional households will be supported by this extension.

The scheme, which began in January 2014, has had £820 million allocated to it up to 30 September 2026. According to a Freedom of Information request, as of 26 June 2026, £631 million of this funding has either been reserved or invested. The scheme is described as demand-led, with the value of funds drawn depending on application levels. Not all allocated funding has been invested in equity loans, and the remaining balance is held by the Development Bank of Wales, to be released subject to its budget.

As of 26 June 2026, there were 104 reservations in the pipeline that had not yet completed, with 40 at the Authority to Proceed stage and 64 at the Authority to Exchange stage. The house price cap for the scheme will remain at £300,000.

In addition to the Help to Buy Wales extension, the Empty Homes Grant will also be extended to the end of March. This grant funds the renovation of up to 300 empty properties, turning neglected buildings into safe, energy-efficient family homes. Applications to the Empty Homes Grant have 12 months to complete after the deadline.

The Help to Stay – Wales scheme will also continue until 31 March 2027, providing support for homeowners struggling to meet their mortgage payments.

These measures are part of the Welsh government’s ongoing efforts to support families and address housing needs.