Help to Buy – Wales Shared Equity Scheme »This shared equity loan will make up the shortfall between the purchase price of a property and the funding available to buyers through their cash deposit and mortgage offer.Learn more »
“Autumn Statement has done little to change the challenging public finance outlook for Wales” – Jane Hutt
Wales’ Finance Minister Jane Hutt has responded to the UK Government’s Autumn Statement – saying that it has done little to change the challenging public finance outlook for Wales.
- New guidance on care and support for over 65s
- Independent report revealed at the Event Wales International Conference 2013 outlines positive impact of games and events for Wales
- “Autumn Statement has done little to change the challenging public finance outlook for Wales” – Jane Hutt
- Consultation on Regional engagement partnership structures in the tourism sector
- Implementation of Commission Directive 2013/45/EU concerning the change to the botanical name of tomato
- School term dates regulations
- Beyond 2011: Consultation on Census and future provision of population statistics in England and Wales
- M4 Corridor around Newport Consultation
- Undertaking fatal and non-fatal drug poisoning reviews in Wales
Featured consultation »New guidance for the Risk Assessment of Walked Routes to School
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In this section
Section highlightThe Housing (Wales) Bill
The Bill will introduce significant improvements across the housing sector to ensure that people have access to a decent, affordable home and better housing-related services.
Legislative programme 2013 - 2014 »
The First Minister detailed the 8 bills in the Welsh Government’s 5-year Legislative Programme that will be brought forward during the 3rd year of the Welsh Assembly.Learn more »
Section highlightProject pipeline update - December 2013
This Wales Infrastructure Investment Plan annex highlights planned investments and potential procurement opportunities.
Final Budget 2014-15 »
The amount of funding allocated to Welsh Government Departments for 2014-15 is £14.9bn.Learn more »
- Statistics & Research
Written - Mortgage Rescue
I am pleased to announce an expanded housing measure to address an unfortunate consequence of the current ‘credit crunch’.
The position that a growing number of home owners are finding themselves in is one where they unable to meet the payments on their mortgage and facing repossession proceedings, this is of great concern to me. There are serious consequences when a family loses their home and becomes homeless, children have to move schools, and the health and wellbeing of all family members can often deteriorate. I am therefore expanding the existing scheme in order to help significantly more families finding themselves in these circumstances. I will be working with local authorities and housing associations to allow families facing homelessness to access our mortgage rescue scheme, where a housing association can either purchase the home outright so that the home owners then become assured tenants, or can purchase an equity share where the mortgagees can afford a smaller loan.
This will of course be a demand led scheme, and although previously housing associations have had to find the funds from existing allocations, I am now ensuring that all registered housing associations will be able to participate by awarding additional funds to this programme.
This demonstrates the ability of the Welsh Assembly Government to be responsive to changes in the market. The homelessness prevention agenda is an important one and this intervention will alleviate pressure on local authorities and provide a safety net to those facing the unfortunate reality of eviction and becoming homeless.