Miller Homes, the nation's largest privately owned housebuilder, are delighted to have been granted FirstBuy funding - the government's latest scheme to help new buyers onto the property ladder, as announced yesterday by the Department for Communities and Local Government (DCLG).

FirstBuy is a new equity loan scheme that will replace the hugely successful government scheme, HomeBuy Direct, which has helped tens of thousands of buyers to purchase a brand new home.

Miller Homes will be offering FirstBuy on its sites across the East Midlands, offering first time buyers the opportunity to achieve their home owning dreams.

Buyers qualifying for the scheme will have the opportunity to select one of the Firstbuy properties available from Miller Homes and will have the opportunity to purchase 100% of their home by paying up to 80% of the value now, with both Miller Homes and the Government equally funding the remaining 20%.

Paul Walters, senior sales manager for Miller Homes East Midlands, said: "FirstBuy will prove an excellent tool to help new buyers into the market. HomeBuy Direct was such a huge success that we are delighted to have a new scheme in place to help buyers find a fast, affordable way to purchase the home of their dreams."

FirstBuy funding will be available across Miller Homes' sites across the East Midlands in September 2011.