UK
Ireland
Scotland
London
Construction News
27/01/2014
Minister Congratulates First New Home Buyers
Housing Minister Carl Sargeant has visited a housing development in Wrexham to congratulate the first new home buyers taking advantage of the Help to Buy - Wales loan scheme.
With a Help to Buy - Wales shared equity loan, Daniel Jones and Rebecca Lawrence are buying their first home together from Bloor Homes at Gatewen Village.
Mr Jones said: "We are very excited to be able to purchase our very first home with a helping hand from Help to Buy - Wales. The scheme has given us the opportunity to get onto the housing ladder and to own a brand new home which otherwise would have been out of our reach."
The Welsh Government's £170m Help to Buy - Wales shared equity loan scheme, which opened for business on 2 January, makes home ownership easier for buyers of new homes who have small cash deposits.
Minister Sargeant said: "It's great to be here to congratulate Daniel and Rebecca on buying a new home and to see how the Help to Buy - Wales scheme is helping home buyers and the construction industry here in Wales.
"We launched the initiative earlier this month to help more people get onto the property ladder and provide a much needed boost to house builders and the economy.
"In little over two years, the scheme will support the purchase of around 5,000 new homes in Wales and it's good to hear that over 30 builders are already offering Help to Buy - Wales loans and we expect this figure to more than double over the coming months."
(CD/JP)
With a Help to Buy - Wales shared equity loan, Daniel Jones and Rebecca Lawrence are buying their first home together from Bloor Homes at Gatewen Village.
Mr Jones said: "We are very excited to be able to purchase our very first home with a helping hand from Help to Buy - Wales. The scheme has given us the opportunity to get onto the housing ladder and to own a brand new home which otherwise would have been out of our reach."
-- Advertisement --
The Welsh Government's £170m Help to Buy - Wales shared equity loan scheme, which opened for business on 2 January, makes home ownership easier for buyers of new homes who have small cash deposits.
Minister Sargeant said: "It's great to be here to congratulate Daniel and Rebecca on buying a new home and to see how the Help to Buy - Wales scheme is helping home buyers and the construction industry here in Wales.
"We launched the initiative earlier this month to help more people get onto the property ladder and provide a much needed boost to house builders and the economy.
"In little over two years, the scheme will support the purchase of around 5,000 new homes in Wales and it's good to hear that over 30 builders are already offering Help to Buy - Wales loans and we expect this figure to more than double over the coming months."
(CD/JP)
Latest Construction News
29/01/2025
Caddick Construction has been awarded a £43 million contract to deliver the first phase of Cole Waterhouse's flagship regeneration scheme in Digbeth, Birmingham.
The project, known as Upper Trinity Street, marks a significant step in the area’s transformation.
Spanning 182,986 square feet, the re
29/01/2025
McLaren Construction has been appointed by O&H Properties to deliver the first phase of a £60 million Foster & Partners-designed development at the corner of New Bond Street and Grafton Street in London’s West End.
The seven-storey, 5,400 square metre prime retail and office scheme will feature ret
29/01/2025
GMI Construction Group has been awarded a contract to develop three high-specification warehouse units totalling over 175,000 square feet at Precedent Drive, Milton Keynes.
The £20 million project, commissioned by DV5 Last Mile Developments (UK) Ltd, a joint venture between Coltham and Delancey Re
29/01/2025
Plans for 106 sustainable new homes in Southville, a neighbourhood in South Bristol, have been approved as the city seeks to increase housing delivery to address growing demand.
Top 10 award-winning housebuilder The Hill Group will create a £60 million development on Raleigh Road, on land that was
29/01/2025
Bouygues UK has reached a major milestone in the fourth phase of the Hallsville Quarter regeneration project in Canning Town, London.
The project, part of the £3.7 billion Canning Town and Custom House Regeneration Programme, recently held a topping out ceremony, marking the completion of the 11-s
29/01/2025
Willmott Dixon Interiors is carrying out a significant upgrade to the roof of the National Maritime Museum in Greenwich, one of London's most iconic cultural landmarks.
As part of the £12 million project, the company is installing over 23,000 square feet of sun-protected glazing above the museum’s
29/01/2025
Equans has been appointed by Babergh and Mid Suffolk District Councils to carry out crucial decarbonisation work across the councils' housing stock, using funding secured through the Social Housing Decarbonisation Fund (SHDF).
The councils used the South East Consortium's Zero Carbon Framework to s
29/01/2025
In the world of construction, the quest for energy efficiency and sustainability is ever-evolving. Among the array of solutions available, EPS (Expanded Polystyrene) insulation stands out as a versatile and effective option for enhancing the thermal performance of buildings, particularly when used f
29/01/2025
BCP Council has completed significant coastal protection works at Hamworthy Park, ensuring its resilience against erosion for the next 20 years.
A 200-metre stretch of sea wall along the eastern promenade has been reinforced using low-carbon concrete, while new steps have been constructed to improv
29/01/2025
Geo-environmental consultancy and remediation contractor, The LK Group, has strengthened its team with a trio of recruits.
The multidisciplinary company's latest raft of hires comprises a new director, associate director and remediation manager.
The geo-environmental specialist, headquartered i
