Using an average purchase price of £187,543 this equates to £1.3 billion worth of house purchases, the FT calculated.
"The equity loan part of Help to Buy has got off to a flying start" said Stewart Baseley, executive chairman of the Home Builders Federation. "Take up has been relatively evenly spread across the country and it is enabling people in all areas to buy who otherwise would have been unable to" he said.
Under the Help to Buy scheme first time borrowers and house movers can borrow an equity loan of up to 20% of the purchase price of a property that is worth up to £600,000. The purchaser needs to contribute a deposit of at least 5% with the remaining 75% being financed by a conventional mortgage.
There has been criticism of the Help to Buy scheme from both the Office of Budget Responsibility and the International Monetary Fund who have warned that the scheme risks creating a housing price bubble.
The FT has reported that 300 housebuilders have signed up to the Help to Buy scheme and that a further 150 are looking to join.
