A new scheme from Welsh Government could help hundreds of home owners in Wales who are struggling with soaring mortgage costs. The Help to Stay Wales mortgage support scheme will offer equity loans to struggling owners for up to 15… Read more »
Home ownership
Welsh Government cuts Land Transaction Tax
Home buyers in Wales will pay no tax on homes worth up to £225,000 under plans announced by finance minister Rebecca Evans. The threshold for paying Land Transaction Tax is being increased from £180,000 and the change will come into… Read more »
Help to Buy extended by 12 months
Help to Buy Wales scheme will be extended until March 2022 in a third phase, housing minister Julie James has announced. The equity loan home ownership scheme, which was due to close to applicants on 31 March 2021, will be extended… Read more »
Land tax holiday extends threshold to £250,000
People buying their main homes in Wales costing less than £250,000 will not pay any tax under temporary measures announced by finance minister Rebecca Evans on Tuesday. The starting threshold for land transaction tax will increase from £180,000 to £250,000… Read more »
The Draft Budget and Welsh housing
Welsh Government protected the Supporting People programme and increased Social Housing Grant in its Draft Budget for 2016/17. Housing organisations welcomed this good news in the wake of a UK Spending Review that saw significant reductions in departmental funding. There… Read more »
Taking the Long View: the WHQ 100 lecture
Wales may be different but we are still exposed to market trends in a system that is now at breaking point. That was the message from Dr Peter Williams in The Welsh Housing Quarterly 25th Anniversary lecture. Peter (pictured right)… Read more »
Spending Review implications for Wales
Housing escaped the deep cuts that everyone feared in a UK Spending Review dismissed as ‘smoke and mirrors’ by Welsh Government. Chancellor George Osborne announced a funding floor for Wales of 115% of comparable spending per head in England but… Read more »