The scheme, which allows buyers to purchase a new build home with a 5% deposit, launched in March. NewBuy products are currently available through six lenders: aldermore, Halifax, Nationwide, RBS, Santander and Woolwich.

The HBF also announced that 50 builders are now participating in the scheme.

Stewart Baseley, executive chairman of HBF, commeted: “Reaching 2000 NewBuy reservations clearly demonstrates the customer need for such a scheme.

“Over the coming years NewBuy will make a real difference and help tens of thousands of people realise their ambitions of home ownership.

“In turn this will then help kick-start new home construction, creating economic growth and thousands of jobs across the country.”