The number of people looking to buy a property is going up, according to figures from a comparison website.

Traffic to Moneysupermarket.com for searches relating to mortgages for house purchases increased by a fifth since the start of the year.

It comes after private landlords learned in mid-August that there have been signs of recovery within the buy-to-let market.

Figures from the Council of Mortgage Lenders, there was an improvement in buy-to-let arrears during the second quarter of 2009.

While there was a four per cent fall in new buy-to-let loans in the year's second quarter, this was described as "relatively modest".

Hannah Mercedes Skenfield of Moneysupermarket.com said that people may be seeking to gain from the low property prices, believing they will not decline further.

"Our figures provide fresh evidence that appetite to buy a house is coming back into the market,"she stated.

Remortgage searches, however, have dropped by a third since January, which Ms Mercedes Skenfield said could be due to standard variable rates being better than others on a short-term basis.

Written by John Weeks
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