Snowdonia home buy help project has no successful applicants

Image source, Alan Hughes | Geograph

Image caption, Snowdonia National Park Authority set up 成人快手buy offering loans of up to 50% in 2015

A housing project to help local people buy a home in Snowdonia has not had a single successful applicant since it was set up in 2015, according to a report.

Snowdonia National Park Authority introduced 成人快手buy with loans of up to 50% for people who meet its criteria.

People aged over 18 must be working, have an income of between 拢16,000 and 拢45,000, and have local connections.

"The reason for the lack of interest is unclear," said the .

"To date, there have been no successful applications for the 成人快手buy scheme within the national park.

"It may be due to personal reasons or financial reasons where the applicant cannot secure a mortgage."

In January 2020, the authority began liaising with Conwy County Borough Council over a scheme to help first-time buyers to renovate empty properties or convert properties to residential use.

A sum of 拢100,000 was allocated for that project and, to date, 拢86,000 has been awarded for properties in Betws-y-Coed and Trefriw.