A total of 80% of the Help To Buy mortgage scheme loans granted in its first six months were given to first time buyers.
The Treasury said a total of 7,313 loans were issued, with a total value of £1bn.
The average value of each loan taken out under the controversial scheme was £136,742.
The figure shows that only about 1% of all mortgages taken out in the period were helped by the scheme, undermining critics of the programme who have said it is prompting a house price bubble.
Most mortgage completions through the scheme were completed on properties outside London and the South East, in regions where prices are lower.
A high proportion of homes supported by the scheme were in the North West and the East of England.
The mean value of a property purchased or remortgaged through the scheme is £151,597, compared to a national average house price of £252,000.
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