Latest mortgage statistics released by

Date:Wednesday 23rd December 2009
Author: Susanna Kavka

The total number of mortgages on offer has fallen in the last week, according to

Currently, lenders have the choice of 2,439 products. However, this is ten mortgages less than were available last week.

For first-time buyers, the amount of 90 per cent loan-to-value (LTV) deals has increased by two, with 32 now on offer. The numbers offering 95 per cent and 100 per cent LTV has remained the same, at five and one respectively.

The number of lenders offering fixed-rate mortgages has remained the same, with 49 offering a two year fixed-rate, which is one less than last week. However there is one more institution offering a three year fixed-rate, bringing the total up to 52.

Overall, reported that the mortgage market is starting to increase after falling sharply at the start of the year, with the total number of mortgage products currently available standing at 19 per cent higher than it was in August.