Ray Boulger, the senior technical manager at John Charcol, observed: “Over the last two or three months we have seen more lenders coming into the 80, 85 and 90 per cent market.”
At the same time, there will be some constraints continuing into 2010, he stated, suggesting this will also be true of other prominent factors in the market in 2009.
Low interest rates and a much smaller number of repossessions than previously predicted will be among these, he forecast.
Concerning prices, however, Mr Charcol said it is likely these will increase at a slower rate than in recent months, with the main driver of the rises that do take place being demand from those who did not have the equity to buy in 2009, but will do next year.
Homebuyer lending has been on the increase, according to the latest figures from the British Bankers’ Association.
This showed that there were 44,713