The government’s Help to Buy scheme is being used to such a degree in some parts of the country that it funds nearly all new-build home purchases in those areas.

Research conducted by modular homes manufacturer Project Etopia found that in Northampton 97% of all new home acquisitions in 2018 – some 241 purchases – relied on HTB financing.

Such is the reliance on the scheme that there are fears some housebuilders will suffer from sluggish sales once the scheme is wound down in 2023.