First time buyers can now benefit from a multi-million pound boost to help them onto the housing ladder said Housing Minister Mark Prisk.
The Minister announced the first allocations from a £280million pot to help a further 16,500 first time buyers benefit from the FirstBuy scheme.
Mr Prisk confirmed that £40million will go to 41 developers to help 2,500 first-time buyers this year - and called on them to go further, and bid for a share of £240million to help deliver thousands more new homes under the scheme next year.
He said: "The scheme has become a major player in helping people onto the property ladder and getting Britain building again - and I'm determined to maintain that momentum.
"Firstbuy has already proved hugely successful, providing a practical alternative to the Bank of Mum and Dad for thousands of first-time buyers across the country."
