Low Cost Home Ownership / Homebuy

Newydd market homes for sale at below the market rates. These typically involve Newydd subsidizing the cost of a property by 30%. No rent is charged during the period of occupation however the owner is required to repay Newydd 30% of the market value when the property is sold.

For example:

Original purchase price: £100,000
Newydd contribution: £30,000
Purchaser contribution: £70,000

Resale price: £130,000
Repayment to Newydd: £39,000

For more information about Homebuy please follow this link:

Welsh Assembly Government HomeBuy Guide

For details of specific schemes or further information please contact us or go to the Homes Within Reach website.