Last year 94 payouts, known as equity loans, were made in the district following the launch of the initiative in April. Under the scheme, the Government lends up to 20 per cent of the value of the home, with buyers providing a cash deposit of five per cent, leaving a 75 per cent mortgage. There are no interest fees on the loan for the first five years. In the second quarter of last year, there were just three loans in Huntingdonshire, totalling £125,589. But that figure increased to 33 in the third, amounting to £1,482,860. The final three months of 2013 were the busiest for lending, with 58 deals and a total value of £2,376,294. Among the East of Englands 48 local authorities, only Bedford, Central Bedfordshire, Colchester, Peterborough, South Cambs and South Norfolk had a higher total number of loans made than Huntingdonshire. Nationally, more than 41,000 homes have been bought through Help to Buy.