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Established in Newport in 1869 to help local people build homes, we now help people across Wales and England buy properties and save for their future.
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14 Apr 2022

Homes for Ukraine

The Government Launched their ‘Homes for Ukraine’ scheme on 14th March which allows UK residents to become sponsors and host Ukrainian refugees into their homes and properties.

The Monmouthshire Building Society is proud to support the Homes for Ukraine scheme and want to help make this as simple as possible for our homeowners and ask that you keep us informed by contacting us using the details below.

We recommend that you keep up to date with Government advice here Homes for Ukraine: record your interest - GOV.UK (www.gov.uk)

It is important you consider whether by providing this support you are still able to afford your mortgage and household bills and that it doesn’t put you in financial difficulty. The Money Helper website Free and impartial help with money, backed by the government | MoneyHelper can give you free and impartial advice


Terms & Conditions:

1: The mortgage holder will need to continue to make their monthly mortgage payments.

2: Ukrainian Nationals will be hosted as non-paying guests for the duration of their stay.

3: We are unable to support your application if your account is more than 6 months in arrears, or possession proceedings are underway.

4: If your mortgage with the Society is a Buy to Let or Consent to Let you can still apply for the scheme. Any refugees you host will be regarded as guests so no formal tenancy agreement is required.

5: You may need to notify your home insurance provider so please refer to them.

  1. If you have a Help to Buy/Shared Ownership Mortgage we recommend that you speak with your registered provider.
  2. If your property is Leasehold, please check the terms and conditions of your lease. You can obtain free advice from the Leasehold Advisory Service (LEASE) Home - The Leasehold Advisory Service (lease-advice.org).


If you have been approved to participate in the scheme and matched with an individual or family, please let us know by emailing us at mortgageservicingsupport@monbs.com