Official HM Treasury statistics confirm that more than 62,000 property completions have been supported by the Help to Buy ISA scheme since it was launched in December 2015.
A number of banks, building societies and credit unions offer the Help to Buy ISA, which allows savers to deposit a maximum £12,000 to receive a 25% government bonus (maximum £3,000).
To date, more than 86,000 bonuses have been paid out by the government, totaling £54m. The average bonus paid is £625.