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Welsh Government unveils mortgage support scheme

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THE WELSH GOVERNMENT has announced a new funding package for Welsh homeowners having difficulty paying their mortgage.

Julie James, Wales’s Minister for Housing, unveiled the Help to Stay Wales Mortgage Support Scheme on Tuesday, November 7.

TARGETED SUPPORT

With rising interest rates, energy costs and cost-of-living expenses, many homeowners cannot meet mortgage repayments.

As part of the Co-operation Agreement, the Welsh Government and Plaid Cymru considered introducing Local Authority Mortgages. However, that idea is a non-starter.

Instead, the Help to Stay Wales Scheme formed part of discussions about the mortgage market and how the Welsh Government can provide targeted support.

PREVENTION BETTER THAN CURE

With increased investment, the Welsh Government aims to prevent many individuals and families from entering possession proceedings and becoming homeless, adding to the already stressed waiting lists and high temporary accommodation costs for Local Authorities.

During 2022-23 and 2023-24, the Welsh Government provided more than £3.3 billion of support to help people struggling with the cost of living through targeted programmes which put money back into people’s pockets.

As part of the budget agreement with Plaid Cymru for 2023-24, £40m repayable capital funding has been made available over this year and next year to bring forward schemes to provide flexible financial support.

WORKING ALONGSIDE EXISTING SCHEMES

Help to Stay Wales will work alongside support offered by mortgage providers through the UK Mortgage Charter for customers struggling to afford their mortgage payments.

The Scheme will provide an option for homeowners who are at serious risk of losing their home by offering a partial repayment of an existing mortgage balance via a low-cost equity loan, secured by a second charge (behind first charge lender), reducing revised mortgage repayments to a level the applicant can afford.

The Development Bank of Wales will operate the Scheme and be interest-free for the first five years.

The purpose of the Scheme is to reduce the number of homeowners at risk of repossession and homelessness by offering them time to resolve their underlying financial issues.

UK FINANCE AND LENDERS SUPPORT SCHEME

Julie James MS said: “The current economic climate presents many challenges for homeowners as they face the significant rise in fuel costs, high inflation, escalating rent and house prices with incomes often not keeping pace.

“The aim of the Help to Stay Wales Scheme is to help homeowners to continue living in their precious homes.

“By widening our current mortgage rescue offer, we can help more people at an earlier stage before they face the awful threat of repossession.

“I would like to thank UK Finance and mortgage lenders already supporting the Scheme. I hope more lenders will provide their support over the coming weeks.

“We will continue to do all we can with our powers to protect vulnerable households through this cost-of-living crisis.”

Designated Member Siân Gwenllian said: “The detailed work undertaken through the Co-operation Agreement on the mortgage market has led to the creation of Help to Stay Wales to support people affected by soaring interest rates.

“By utilising the financial institutions and the powers we currently have in Wales, we have created a Made in Wales solution which will provide direct support to those facing the greatest difficulties.

“Despite having limited powers and resources in this area, our hope is that the direct support being provided in Wales will provide an additional safety net.”

AVOIDING THE STRESS OF REPOSSESSION

Chief Executive for Shelter Cymru, Ruth Power, said: “We’ve been campaigning for more support for homeowners struggling with their mortgage repayments.

“We welcome any initiatives that get upstream to prevent homelessness and widen the safety net for households facing a cost of housing and cost-of-living crisis.

“This Scheme will offer eligible households assistance from the early point of arrears accruing rather than waiting until they face the incredible stress of repossession.

“We must now ensure that as many households as possible have the option to use it to stay in their homes, learning from people at risk of homelessness how best such a scheme can help them.

“Anyone at immediate risk of losing their home can contact Shelter Cymru’s helpline on 08000 495 495 for independent advice.”

Mortgage Rescue, which has operated in Wales since 2008, is still available and remains a valuable last resort, but requires people to already be in possession proceedings to qualify for support.

Help to Stay Wales will extend this to include those facing possession proceedings and financial hardship.

CONSERVATIVES PROPOSE

AMBITIOUS ALTERNATIVE

Welsh Conservative Shadow Housing Minister Janet Finch-Saunders MS said: “It is not the role of the Welsh Government to hand out loans to pay off people’s mortgages.

“The UK Government has already secured a wide range of support directly from mortgage providers to support people.

“The Scheme raises several questions, including whether it is being targeted correctly and why social landlords are not being supported to invest in homes threatened with repossession.”

Speaking to The Herald, Janet Finch-Saunders explained: “A social landlord mortgage rescue scheme can work in two ways.

“The first is through a shared equity loan. If a homeowner qualifies, they will be given an equity loan from a housing association, enabling them to keep up with their mortgage payments. The loan is repayable to the housing association but is interest-free.

“The second option is mortgage to rent. If an individual cannot afford to continue owning a share of their property, the housing association could buy the property and rent it back to the individual.

“Whilst the second option would mean that the individual no longer owns their own home, they would still be able to live there, but by renting from a social landlord.

“Individuals would reach out to the relevant local authority/social landlord, so there would be no preying on struggling homeowners”.

 

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Local Windsurf instructors ride the waves with Welsh Sailing Impact awards

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Local windsurfers who support the Windswept Watersports are riding the waves this month after being presented with their Welsh Sailing Impact Awards.

Volunteer instructors David Picker, Bob Jones, Leslie Burton and Graham Smith

have all been recognised for their commitment to encouraging the next

generation of windsurfers at the community watersports centre in Dale.

The dedicated team has played an essential role in supporting the Windswept

Warriors youth windsurfing club since its launch more than four years ago.

Sarah Bagley, Director of Windswept Watersports, said: “A huge congratulations go to

our windsurf volunteers on being chosen for Impact Awards – Bob, Leslie, Graham

and Dave have supported us so much by making our Windsurf Warrior sessions

happen every week, and they couldn’t deserve this more.

“They have made a huge impact in making the club what it is today and we’re able

to grow the club’s numbers and keep the costs down due to them giving up their

Sundays. Since the club started they’ve been so enthusiastic about inspiring

the next generation of windsurfers and their passion for the sport really is

Infectious.

“What’s more, the club has gone on to win medals at windsurfing national

championships and none of this would have happened without our superstar

volunteers.”

Windswept Watersports is a Not-For-Profit organisation which aims to make

activities accessible for all, including delivering outreach sessions to local schools,

youth and community groups, and running a variety of clubs encouraging local

people to enjoy getting on the water.

The Windswept Warriors group enables young people aged 10-19 to learn the

sport and take their skills to the next level, with Sunday morning sessions for just

£10 a go, including all equipment and tuition thanks to its volunteer instructors.

Impact Awardee Leslie said: “I didn’t start windsurfing until my late 30s so I really

love helping the juniors to progress. It’s great to see their confidence grow by just

having fun on, and in, the water. We just love sharing our sport with youngsters

and seeing the enjoyment they get from it, whether that’s improving and

progressing their skills or just having a go occasionally.”

Explaining their enthusiasm for giving back to the sport, fellow Impact Awardee

Graham said: “I’ve had some fantastic times and I’ve met some amazing people while

windsurfing and by volunteering I get the opportunity to give those chances to

others. I also love it when I see people progress and what it means to them.”

Award-winning team members Bob and Dave likewise sum up the satisfaction

and rewards of seeing young windsurfers progress from beginner to intermediate

to themselves becoming instructors. 

Bob said: “I love coaching the junior club, seeing their progression week by week, especially those big ‘Hallelujah, I did it’ moments. I’m super proud to be a colleague of Windswept’s young instructors who were part of the junior crew not so far back.” 

Welsh Sailing Impact Awards are presented by RYA Cymru Wales to recognise the

hard work of individuals and organisations who go the extra mile to support

activities afloat, in line with the governing body’s Together on our Waters strategy

to create a connected, inspired and inclusive sailing and boating community.

Hester Walker, Club Development Officer for RYA Cymru Wales, said: “This team

commit a huge amount of time to supporting the youth windsurfers at Windswept

Watersports. Their time allows for the training to be offered at a lower rate, helping

to remove the barrier of cost and enabling more young people to get on the

water. Dale has become one of the most active windsurfing communities thanks

to Windswept Watersports and the fantastic support of these volunteers.”

 

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Plaid tells Carmarthenshire voters: ‘Only we can stop Reform’

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PLAID CYMRU has urged voters in Sir Gaerfyrddin to back the party on Thursday, claiming it is the only party able to beat Reform UK in the new constituency.

The appeal comes after the latest ITV Cymru Wales, YouGov and Wales Governance Centre MRP poll suggested Plaid Cymru is on course to become the largest party in the Senedd, with Reform close behind. The poll put Plaid on 33% across Wales and Reform on 29%. (YouGov)

Sir Gaerfyrddin is one of the new Senedd constituencies being used for the first time in this election. It has been created from the Carmarthen and Llanelli Westminster seats and will elect six Members of the Senedd under the new closed-list system.

Plaid Cymru’s list in Sir Gaerfyrddin is led by Cefin Campbell, followed by Nerys Evans, Adam Price and Mari Arthur. (Who Can I Vote For?)

The party says the contest locally is now between Plaid Cymru and Reform UK, and has called on voters who want to stop Nigel Farage’s party from gaining ground in Carmarthenshire to “lend” Plaid their vote.

Nerys Evans said Plaid was offering “new leadership” and a “positive vision” for Wales, including childcare support, a National Development Agency to grow the economy, and a new numeracy and literacy scheme for children.

She said: “As the voters of Sir Gaerfyrddin head to the polls on Thursday, the choice could not be more stark.

“Only two parties can win here: Plaid Cymru, who offer new leadership, a positive vision, and which will be accountable only to the people of Wales; or Reform, which would divide our communities, threaten the future of our NHS, cut support for our culture and language and is controlled by Nigel Farage, billionaires, and ex-Tories in London.

“Support for Labour has disappeared in Carmarthenshire, with people unwilling to vote for a party that has let Wales down for over 27 years and in Westminster since Keir Starmer became Prime Minister.

“There is no evidence that the Greens or the Liberal Democrats will secure enough votes to come close to winning a seat.

“We ask anyone who wants to prevent a victory for Reform in Carmarthenshire to lend their vote to Plaid Cymru on Thursday.”

The Senedd election takes place on Thursday (May 7).

 

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Climate

Chris Packham backs Carmarthen ‘nature crisis’ climate screening

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BROADCASTER and environmental campaigner Chris Packham has backed a free public screening in Carmarthen aimed at encouraging local discussion about the climate and nature crisis.

The People’s Emergency Briefing will be shown at St Peters Civic Hall, Carmarthen, on Friday, May 22, at 7:00pm.

The screening will be followed by a facilitated community discussion involving residents, local leaders and invited decision-makers.

The event forms part of a UK-wide programme intended to help the public and policymakers better understand the risks posed by climate change and biodiversity loss.

The film follows the National Emergency Briefing held at Westminster Central Hall in November 2025, where more than 1,200 MPs, peers and leaders from business, culture, faith, sport and the media gathered to hear evidence from leading experts.

The briefing, introduced by Chris Packham CBE, examined the impact of climate and nature breakdown on food security, public health, infrastructure, the economy and national security.

It has since been adapted into a 50-minute public film, which launched nationally in April and is now being screened in communities across the UK.

Chris Packham said: “I’d encourage people everywhere to attend a screening of The People’s Emergency Briefing.

“It creates exactly the kind of honest local conversation we now urgently need, both about what these changes mean where we live, and about what we can do together to address them.”

Organisers say the Carmarthen event comes at a time of growing local concern over flooding on the rivers Towy and Gwili, as well as biodiversity loss linked to pollution incidents.

After the film, those attending will be invited to take part in a structured discussion about the issues raised and what they may mean locally.

Local MPs, councillors and other influential figures have also been invited.

Philip Hughes, one of the organisers, said: “This is about creating space for people to come together, look at the evidence, and begin a more open and informed conversation about what it means for our community.

“It is also about how we can support the bolder action now called for by the science, which will also do so much to improve lives, as the film explains.”

Tickets for the Carmarthen screening are free, but advance registration is encouraged.

 

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