While the scheme has proved controversial since its launch in April 2013, with critics suggesting it is has contributed to the boom in property prices, it has helped thousands onto the housing ladder.

According to the most up-to-date official figures, 17,395 consumers have snapped up a home so far using the scheme since its launch. The vast majority of these people have been first time buyers.

Prime Minister David Cameron has said Help to Buy remains a key part of the Tories’ “long term economic plan” and as such, he has extended the equity loan arm of the scheme by four years to 2020.

To keep you informed and up-to-date on all Help to Buy developments, YourMoney.com has partnered with Barratt Homes to launch an exclusive hub, drawing together information, news and analysis on the scheme.

On the hub, you will find a two minute video explaining the ins and outs of the scheme, an easy-to-follow infographic as well as our comprehensive Help to Buy archive.

You can visit the hub by clicking HERE.

We hope you find it useful.

Joanna Faith is editor of YourMoney.com