This is according to Mortgageforce, which also found that purchase applications increased by a half.
Commenting, Katie Tucker, technical manager for Mortgageforce, said: "Halifax's house price figures, combined with Nationwide's last week further reinforce the confidence we are seeing in the housing market as a result of improved mortgage availability.
"Stable house prices and the availability of higher loan to value mortgages support each other more than you might think: we all know that more 90% mortgages means more buyers can get on the ladder. But it works both ways, property values stabilising means lenders can offer higher loan-to-values without as much risk, so without needing as much deposit. We expect to see even more 85% - 95% deals out there soon."
Where 90% applications were sparse in June, they made up 4% of Mortgageforce's transactions in July. Tucker continued: "Half of the purchase transactions were on 85% and 90% loan to value deals, which is high against trend and undoubtedly a result of pent up demand."
Purchasers of all types have also increased this month, accounting for 41% of Mortgageforce's July transactions compared to 23% in June.
