Help to Buy 'helped realise our dream'
Media playback is unsupported on your device

Help to Buy deposit contribution 'helped realise our dream'

Buyers of second hand houses should be able to access a Welsh Government-backed deposit contribution scheme, according to property experts.

More than a quarter of new Welsh homes sold last year used the government's £290m Help to Buy shared equity scheme.

But critics say while the initiative helps some, it "does not stimulate the housing market" and should be "widened for all" home-buyers.

Sally Fletcher, 43, said she and fiancée David Ebel - with three-year-old daughter Scarlett - were able to buy the "house of their dreams" with help from the initiative.

Help to Buy loaned the couple £53,500, 20% towards of their deposit, in April 2016 for the £268,000 four-bedroom home on the new Glan Lyn development in Newport.

"We couldn't have afford to buy a house without Help to Buy," she said.

  • 21 Aug 2017
Go to next video: Planning 'root' of Help to Buy shortage