Latest News

Agents’ views sought on property listings

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The National Trading Standards Estate and Letting Agency Team (NTSELAT) has today, 20 April, launched a consultation to gather information to develop guidance as to what should be considered material information on property listings and portals. Read More...

Record breaking activity in regional markets across the UK

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Market activity continues to grow and the appetite from prospective buyers is such that many properties are not being listed on the property portals, as agents focus on fulfilling Consumer Protection Regulations, completing Property Information Questionnaires, and marketing properties to those proceedable buyers, already registered with the agency. Read More...

New 95 per cent mortgage scheme launched

19 April 2021

The UK Government has today, 19 April, opened a Mortgage Guarantee Scheme to help first-time buyers and current owners with 5 per cent deposits buy a house up to £600,000. Read More...


Welsh Government launches new Help to Buy Equity Loan Scheme

Friday 12 March 2021

From 1 April 2021, a new Help to Buy scheme will be introduced in Wales, replacing the current scheme which closes to new applications on 31 March 2021.

Help to Buy – Wales, Equity Loan Programme 2021-2022 is a Welsh Government-backed equity loan programme that provides loans to potential homes buyers to help them afford a deposit. Guidance has been released, which outlines eligibility requirements and property developer’s obligations for the scheme.

Read the guidance

What has changed from the previous scheme?

The new scheme will provide loans of up to 20 per cent of the property value on a maximum property value of £250,000, down from the £300,000 cap for the previous scheme.

These loans are interest-free for the first five years but can only be used for new build properties.

Who is eligible?

To be eligible for the scheme, buyers must be purchasing an eligible home, be able to fund at least 80 per cent of the property price, and have a minimum deposit of 5 per cent.

The scheme is not available to buyers of second homes, buy-to-let investors or those seeking to part exchange an existing home.

For the full eligibility requirements visit the Welsh Government’s website.

Expand Help to Buy

On 8 March Propertymark released its Welsh Manifesto which outlined our key asks for the next Welsh Government, due to be decided in the Welsh Elections in May.

One of the key requests to the new Welsh Government is to expand the Help to Buy scheme to the second-hand homes market to provide a boost to house sales and allow more first-time buyers to get onto the property ladder.

A similar request was made to the UK Government in our 2021 Budget Representation in the run-up to the UK budget this year however, an expansion to Help to Buy was not included, despite successful campaigning elsewhere with the extension to the Stamp Duty holiday.

Propertymark will continue to lobby Government and decision-makers in the industry to make these vital changes.