This scheme provides help to eligible first time buyers on middle incomes who cannot afford to purchase a suitable home from within the private housing sector without assistance, but who can meet the long-term financial commitment of home ownership.  

United Welsh works closely with the local authority and private sector house-builders to offer properties for sale on new-build housing developments  This  scheme involves no grant funding from the Welsh Assembly Government. 

The properties are for sale on a shared equity basis. Applicants are required to demonstrate that they can afford to purchase such properties and must be able to contribute approximately 70% of the purchase price through a mortgage and / or savings.  The remaining percentage equity share will be retained through a second charge (mortgage) on the property by United Welsh.    

You will need to provide a in-principle mortgage offer and proof of income, capital, savings, etc, to enable us to assess whether you meet the financial requirements of the scheme. 

Rent is not charged on the equity share owned by the Association. 

A deposit is required in order to reserve a plot.  Applicants will be advised of the amount payable on particular developments at the application form stage. 

There is also an administration charge of £600 payable to United Welsh that covers the cost of the administration of the scheme, also legal and valuation fees, etc. 

Once registered, you will be sent detailed application packs for those developments matching your criteria, as and when they become available.  You will need to complete a separate application form for each development. 

* A first time buyer – consideration may be given, on a case by case basis, to first time buyers ‘in their own right’ (eg those have sold their jointly owned property as a result of divorce)

For properties in development, have a look at the Homes For Sale link on the left-hand menu.