David Cameron hopes 'Help to Buy' scheme will succeed

Steve Jones was able to purchase a house through the help to buy scheme, which required only a 5% deposit. The government and housing developers loaned 20% of the price, leaving him with a 75% mortgage. Without this scheme, Steve would have struggled to save a deposit and make repayments. Initially, the scheme was for first-time buyers of new builds, but it has since expanded to include any property under £600,000, allowing for a 95% mortgage.

What type of properties were eligible for the help to buy scheme during its initial phase?

As of October, what is the maximum property price for which one can apply for a 95% mortgage?