A government scheme has made dreams of homeownership possible for 105 home buyers at a new development in Rhyl, where just one home remains for sale.
Help to Buy Wales is still available on the final new home at Parc Aberkinsey, giving purchasers the chance to become part of this well-established community.
The Anwyl Homes venture has delivered 474 new homes in total, with more than a fifth of those purchased with the support of Help to Buy Wales.
Under the scheme, first time buyers and existing homeowners, can take out an equity loan for up to 20% of the purchase price, interest free for five years. They then only need a 5% deposit plus a mortgage from their lender of choice to cover the remaining 75%.
Graeme Gibb, sales director for Anwyl Homes Cheshire and North Wales, said:
“Help to Buy Wales is designed to assist those who wouldn’t be able to purchase a property otherwise. It’s a good option for first time buyers but can also provide a solution for other people including those who’ve owned a property previously and want a route back to homeownership, perhaps after a change of circumstances.”
