Three-quarters of homebuyers in London using the government’s Help to Buy loan scheme borrowed the largest amount possible during the past three years, according to new figures published today.

New data from the Ministry of Housing, Communities and Local Government showed of the 15,623 homes bought in London since the beginning of February 2016, when the government boosted the upper limit Help to Buy loan for purchasers in the capital to 40%, 11,783 – 75% – were made with a maximum loan.