Two major lenders have reported a strong uptake in the first month of the government's extended Help to Buy mortgage guarantee scheme.
Royal Bank of Scotland (RBS) and Halifax said they had received a total of 2,384 applications, potentially worth £365m in mortgages.
The scheme is designed to encourage lenders to offer mortgages with deposits as low as 5%.
But critics are concerned it could help to create a UK housing bubble.
RBS and its subsidiary NatWest, and Halifax - owned by Lloyds Banking Group - are among the few lenders to offer mortgages under the government's extended scheme.
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