The government's controversial Help to Buy scheme is "providing desperately needed homes", the association representing property builders has said.
Home Builders Federation Executive Chairman Stewart Baseley said: "The Help to Buy Equity Loan scheme has supported demand for new build homes and its extension provides certainty about longer-term demand.
Mr Baseley said the scheme is helping the industry "plan ahead, rebuild capacity lost in the downturn and deliver".
More top news
Two doctors have been charged after a 30-year-old woman died while having an emergency caesarean.
Janet Faal was left badly injured after leaving the house for only the third time in ten years.
More than 100 small business owners say they support Ukip's policies to help small traders in a letter published in the Daily Express.