Leasehold

Part of 3. Topical Questions – in the Senedd at 3:22 pm on 7 March 2018.

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Photo of Rebecca Evans Rebecca Evans Labour 3:22, 7 March 2018

Yes. Help to Buy—Wales is issuing new contract variations to all house builders using the scheme, not just the largest five. These new terms will limit the use of Help to Buy—Wales for houses on leasehold to exceptional circumstances. It will also ensure the leasehold terms for any Help to Buy—Wales home, including flats, are fair. In addition to this, the five major house builders have agreed not to market any new-build homes in Wales as leasehold, unless under exceptional circumstances.