Plaid welcomes help for house buyers
A MORTGAGE guarantee scheme backed by the Welsh Government and house builders has been welcomed by Plaid.
It will come into force in the spring and is backed by £27million of Welsh Government cash.
It will see home builders and the Government act as guarantors for first-time buyers and those living in housing pressure areas.
Plaid has been calling for action to help people get on to the housing ladder.
These proposals have included a "rent now, buy later" scheme outside of social housing and help for first-time buyers in areas where demand for second homes has pushed up prices.
The party's housing spokesman Rhodri Glyn Thomas said: "We welcome the mortgage guarantee scheme which builds on the work the Party of Wales started under the One Wales Government with the home-buy scheme. Plaid believes that sufficient support should be available for first-time buyers who find it extremely difficult to make their first step on to the property ladder."