Arguments to free Help to Buy users from DIY restrictions in Wales

Fri, 20 Feb 2015

Arguments to free Help to Buy users from DIY restrictions in Wales
Plaid Cymru - The Party of Wales - have objected to restrictions that prevent Help to Buy purchasers from making large DIY projects to their homes after buying them with a cheaper deposit due to help from the Welsh Government.

Housing minister Lesley Griffiths has spoken out in response to the criticism that the leading political rule is restricting people from making their newly purchased houses the homes that that want.

The defence of this regulation is that people are not allowed to make home improvements that would increase the amount of debt that the homebuyers owe to the government.

"Significant home improvements are not permitted on Help to Buy Wales properties in order to protect customers from making investments which would increase the value of their property and, as a result, also increase their debt to the Welsh Government," explained a spokesperson for the Welsh government. "This approach is consistent with Help to Buy shared equity initiatives across the UK."

Jocelyn Davies, AM, speaking for Plaid Cymru claimed, "Many new build houses are left by developers without the finishing touches. Help to Buy is supposed to help those who would not otherwise be able to afford to buy a house find a property that suits them. They should be free to make changes to turn their new build property into a comfortable home.

"I urge the Welsh Government to rethink this ban."
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