Step 1
Reserve a Bellway home
Get more information and updates from Bellway Homes regarding this development via:
Receive updates about other nearby developments from Bellway Homes and sister brand Ashberry Homes, as well as related products and news.
Get more information and updates from Bellway Homes regarding this development via:
Receive updates about other nearby developments from Bellway Homes and sister brand Ashberry Homes, as well as related products and news.
We’ve teamed up with one of the UK’s leading new homes mortgage specialists, New Homes Mortgage Helpline, to help find the right mortgage product for you.
Please note, by ticking the checkbox below you consent to Bellway sharing your data with New Homes Mortgage Helpline (a trading name of The New Homes Group Limited) who will contact you to offer unbiased, reliable and professional advice on mortgages available from a wide variety of lenders. Bellway will receive a commission of £350 when you complete on a mortgage arranged by the New Homes Mortgage Helpline through this portal. This commission does not affect mortgage terms and is not charged to homebuyers.
Helping first-time buyers in Wales purchase a brand new home with just 5% deposit.
Help to Buy – Wales is a government-backed scheme designed to help people buy a new-build home up to £300,000 and with an EPC rating of B or above in Wales. Oh, and the buyer needs just a 5% deposit.
The scheme can be used at a selection of our developments in Wales.
Find your home
With Help to Buy Wales, you could get the keys to your newly built home with just a 5% deposit. You enter a loan with the government, which is separate from your mortgage, and which can be up to 20% of your home’s cost.
This, along with your 5% contribution, means that you’ll only need to take out a 75% mortgage to make up the rest. You’ll own 100% of your home, too. Those are some good-looking percentages. Your loan with the government is completely interest free for the first five years, and you’ll need to repay it within 25 years.
This can be earlier if you sell your home. If you sell your home, you’ll have to repay the same percentage you borrowed. So, if you borrowed 20% on the purchase price from the government, you’ll have to pay 20% of the sold price back to the government.
Anybody who is looking to buy a new-build home in Wales to use as their only home can use the scheme.
Reserve a Bellway home
Apply for your mortgage with Help to Buy – Wales
Receive your mortgage offer
Move into your brand-new Bellway home
Yes, Help to Buy – Wales is still available, and will be available to buyers until September 2026.
Those using the scheme can buy a property up to £300,000. This property must be your only home and you must live in it. It must also hold an EPC rating of B or above. You can’t use Help to Buy – Wales alongside Part Exchange, and if you own a home currently, you need to have sold it before using Help to Buy – Wales.
If you’re using a mortgage to pay off your property bought with Help to Buy, it must be a repayment mortgage and not an interest-only mortgage.
If you’re looking to extend or alter your property bought using Help to Buy, you need to get permission first.
This scheme is only available on new-build homes, and price caps apply. In Wales, the scheme is available on new-build homes priced up to £300,000.
You need a 5% deposit.
In Wales, you can borrow up to 20% of the cost of the home, with a maximum property price of £300,000.
Help to Buy – Wales is interest free for the first five years, however, there is a management fee of £1 per month until the loan is repaid.
After five years, interest will apply. This interest is currently sitting at 1.75% in year six, then 1.75% and any increase in the Retail Index Price (RPI), plus 1% each following year.
The shared equity loan needs to be repaid within 25 years, or earlier when you sell your home. You have the flexibility to pay the shared equity loan off at any point within that period.
You can! You can pay back all or part of the loan at any time, with a minimum of 10% of the prevailing market value of your home.
I wouldn’t have been able to purchase a new home on my own without the support of Help to Buy, so the scheme has been hugely beneficial for me.Zoe Hanks, Bellway homeowner at Renovo
Help to Buy works slightly differently depending on the scheme you choose. Make sure to get the right information.
Trust us with the house, so you can find a home
*YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Help to Buy is subject to the Homes and Communities Agency’s (HCA) terms and conditions and is available on new build homes on selected Bellway developments where the property represents your only residence. Help to Buy is available to first-time eligible buyers only and is subject to maximum regional price caps. HomeBuy agent eligibility checks are required. The equity loan is interest free for the first five years. If you are an eligible first-time buyer, the Government will lend you a minimum of 5% and up to 20% (or up to 40% in London) of the market value of your new build home. You start to pay interest from year six, on the fifth anniversary of your equity loan and this is calculated at a rate of 1.75% of the equity loan amount. The interest rate will rise each year thereafter in April by the Consumer Price Index (CPI), plus 2%. The interest you pay during the life of the equity loan does not reduce the amount you owe. The amount of interest you pay will reduce if you make part repayments. Interest will be worked out on the amount of equity loan left to pay. You may be charged interest on overdue money and pay administration fees to make changes to your equity loan. When your equity loan starts you must pay a £1 monthly management fee; this is paid for the life of your equity loan. When you take out your equity loan, you agree to repay it in full, plus interest and management fees. You must repay your equity loan in full: at the end of the equity loan term (normally 25 years), when you pay off your repayment mortgage, when you sell your home and if you do not comply with the terms set out in the equity loan contract and you are asked to repay the loan in full. Help to Buy operates under terms and conditions imposed by the HCA and may be subject to change. Please visit www.helptobuy.gov.uk for further information. Help to Buy cannot be used in conjunction with other schemes. Information correct at time of broadcast. Please see www.helptobuy.gov.uk/equity-loan/eligibility/ for further information. †Terms and conditions apply.
