First-time buyer enquiries grew 472 per cent in the first week of March, says MoneySuperMarket.
This compares to the number recorded in the first month of February.
Alongside this, searches for 90 per cent and over LTV mortgages went up by 39 per cent within the same time frame.
These numbers drove an overall mortgage enquiry gain of 421 per cent, says MoneySuperMarket, which it puts down as a reaction to the stamp duty holiday being extended and the government guarantee scheme for 95 per cent mortgages.
It adds that searches for mortgages of the 95 per cent LTV variety made up 39 per cent of searches in the first week of March compared to having made up 20 per cent in the first week of the money before.
MoneySuperMarket finance expert Jo Thornhill comments: “The stamp duty holiday extension has clearly been welcomed by those looking to buy a new home, and in particular by FTBs.
“Similarly, the government backed scheme for those with a 5 per cent deposit has also sparked renewed interest in higher LTV mortgage products.
