By Jonathan Davies

Almost 50,000 people have now used the government's Help to Buy scheme to buy their home, according to new figures.

More than 48,000 homeowners have used the scheme since it was launched last year. But the figures suggest that interest in the scheme may have peaked.

The number of people using the mortgage guarantee part of Help to Buy scheme fell to 3,892 in June, compared to 4,026 in May.

Housebuilder Redrow also released data suggesting Help to Buy's popularity was falling.

Redrow's chairman, Steve Morgan, said: "The summer months of 2013 saw Help to Buy activity at its peak, with reservations running at particularly high levels.

"This year the period from 1st July to date has seen a more normal summer selling pattern."

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