New research from Moneyfacts.co.uk has shown that the number of mortgage products available to first-time-buyers has gone up by over 31 per cent in the last year.

There are now 183 mortgage deals available for young buyers, compared with 139 in June last year. The figures have also risen form 174 in January 2011 and almost trebled since June 2009, whene there were only 62 products available.

Spokeswoman for Moneyfacts.co.uk, Louise Holmes said: "Higher loand to value mortgages have made a return to the market over recent months, suggesting lenders are taking positive steps to help the first-time-buyer market."