The number of loans taken out by first-time buyers rose by 22% in June compared with May, to 36,000, figures from UK Finance show.
The amount borrowed rose by 26% on the month and 9% on the year to £5.9bn.
Much of the increase is due to the government’s help-to-buy scheme, while low mortgage rates and a decrease in competition from buy-to-let investors is also providing support.
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