A NEW SELF BUILD HOUSING SCHEME LAUNCHED IN WALES

£210 million has been invested in a new world leading housing scheme in Wales.

Plots will be available with planning already in place, and builders are expected to be able to get a 75% loan for the plot itself and a further loan to cover building costs. 

Self Build Wales the organisation behind the scheme is financed by the Welsh Government, being the first scheme of its kind in the world. 

Finances of the scheme will be managed by the Development Bank of Wales. 

People are required to live in their homes for at least five years before being able to sell or rent. 

The scheme’s principle aim are to eliminate all barriers around self-builds enabling the long term goal of the Welsh Government to build more homes across Wales.