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Labour incompetence lets down first time buyers in Wales.

April 17, 2013 9:47 PM

As part of the budget deal negotiated by the Welsh Liberal Democrats in 2011 the Welsh Labour Government agreed to set up a scheme to help first time buyers onto the housing ladder. The 'NewBuy Cymru' scheme should have helped up to 3,000 buyers to purchase new build homes.

There have already been concerns over the delay in putting the scheme into operation, but the Minister assured the Assembly he would be launching it on June 3rd. Yet today he did a complete U-turn and told Members that it is to be abandoned, apparently because the house builders who were backing the scheme have pulled out.

The statement from Carl Sargeant, who only took over the role of Minister with responsibility for Housing in the recent reshuffle, was quite astounding in that this too, according to Labour id the fault of the UK coalition Government. How? Because the recent budget contained an announcement that the Government would roll out a £130bn Help-to-Buy mortgage guarantee scheme to help UK buyers get on to the housing ladder from next year.

As a result, says Mr Sargeant, "The stakeholders involved in this process have understandably removed their commitment to that, because there is a lesser financial risk with using the UK model."

So the Welsh Labour Government has failed to deliver on a promise based on a Welsh Liberal Democrat proposal because the Liberal Democrats in the Westminster coalition have delivered a better scheme?

If the Labour Ministers had got their act together earlier then the Wales scheme would be in place by now. As usual they trot out the usual mantra that it is not their fault, wanting all of the power and none of the responsibility.