More than 73,000 homes have now been purchased via the government's flagship Help to Buy scheme.
Specifically, some 38,052 households have purchased new build homes under the Help To Buy (equity loan) scheme up to the end of November 2014, of which some 83 per cent are first time buyers (31,640) rising to 94 per cent outside London.
Another 30,269 households have purchased new or existing homes through the Help To Buy mortgage guarantee scheme.
And finally 5,518 households have purchased a new build home through the NewBuy scheme.
The government, keen to emphasise that this is not a south of England or London-centric scheme, says Leeds has had 628 sales, Milton Keynes some 516, Peterborough 512, Birmingham 465 and Bedford 454 sales.
Numbers of first-time buyers are at their highest since 2007, housebuilding continues to climb and planning permissions are at record levels. All these measures combined are helping record numbers of people into a new home, including 73,000 households benefiting from Help To Buy and we will keep striving to get that total even higher says housing and planning minister Brandon Lewis.
HTB has fuelled much debate within the property industry with some believing it artificially distorts the market.
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