Despite the numbers of Help to Buy sales numbering into the tens of thousands, there are still a shocking amount of post codes which haven’t seen the benefits of the scheme.

Across the UK, there is an excess of 400,000 homes which are eligible for the scheme. TotallyMoney.com have revealed that after the scheme has been underway for two years, only 1,261 districts of 2,117 throughout the UK have felt the benefit of it.

This equates to 42 per cent of districts that haven’t seen any of the 50,000 Help to Buy sales, leaving black spots across the country.

MK42 in Bedford is the postcode which has been most popular with Help to Buy mortgages, with 309 completions. Leicester is the most popular city with the scheme, however, with 892 sales.

The 5 per cent deposits that the scheme aims to provide can really help people to get onto the property ladder. This is a very significant discount for the first time buyers that the scheme is designed for. However, it is dubious how much it has helped the housing market.

With such disproportional sales in different areas of the UK, it is difficult to tell whether the housing market across the country has been affected in a positive or negative way by the scheme, which has always been a controversial enactment of chancellor George Osborne.