Some 58 per cent of Britons think now is a good time to buy a property, according to the Building Societies Association's (BSA) Property Tracker.

And private landlords concerned about the value of their assets may be interested to hear that respondents to the survey expect the price of property to grow 1.6 per cent in the next 12 months.

One of the reasons cited for this confidence in the market was a perceived increase in the availability of mortgage finance.

The research found that access to a mortgage was viewed as a barrier to property buying by 49 per cent of people, which was down on June and March's figures of 55 and 58 per cent respectively.

With recent Office for National Statistics figures showing that 2.47 million people were unemployed during the three months to July, it is perhaps no surprise that concerns about job security are given as the most significant obstacle to buying property.

Head of mortgage policy at the BSA Paul Broadhead said: "It is clear that home buyers are increasingly viewing the property market in a positive light as confidence increases in the market."

Written by Sarah Field
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