June's approvals beat May's 64,434, and the average of 62,971 over the past six months.
The number of approvals for remortgaging also rose, reaching 36,620 compared to the average of 33,759 over the previous six months.
Additionally, the report shows that mortgage lending increased by £2.6 billion in June compared to an average monthly increase of £2.0 billion over the previous six months - the biggest increase since July 2008.
Richard Pike, Phoebus Software sales and marketing director, said:
“Positively we have started to see a small increase in the number of approvals for remortgages which have been affected by post credit crisis lending policy and restrictions. However, with the market expecting rate rises in 2016, borrowers may be looking to secure low fixed rates and we may see a real resurgence in remortgaging in the coming months as people try to secure long term affordability and, ultimately, some peace of mind.”
Brian Murphy, Head of Lending at Mortgage Advice Bureau, commented:
"Mortgage approvals in June bounced back to similar levels seen in April, following the resounding election result and fuelled by rock-bottom loan rates. Despite the holiday season approaching, we are likely to see a burst of transactions continue into the second half of the year following Mark Carney’s comments about an early bate rate rise, as more people look to secure a loan before the curtain comes down on the era of low-cost mortgages.
"Existing borrowers are clearly making the most of these tempting rates with remortgage activity thriving during the second quarter of 2015. Previously, many were put off by the hassle of remortgaging, especially in the initial period of adjustment following the Mortgage Market Review. But there are signs consumers are now rushing to replace their existing deals and cut their repayments while they still can.
"Our latest data on mortgage applications shows that in June, the total number of products available surpassed 14,000 for the first time in over six years to reach a post-recession high. The current competitive environment between lenders is likely to continue regardless of a base rate rise and means that plenty of options remain for borrowers to take advantage of."
Peter Rollings, CEO of Marsh & Parsons, added:
“The mortgage market got its skates on in June, playing catch-up after May’s stumble in lending. This month-on-month boost has nearly brought lending back into line with April activity, and the energy building up in the housing market should carry it further forward.
“There’s now plenty of clear blue sky between borrowing totals now and a year ago, as buyer demand continues to mount. In London, we saw new buyer registrations climb 27% from January to June, and properties are changing hands quickly. This will cause further price rises over the summer, but buyers have plenty of cause for confidence, as cheap mortgage finance and smaller Stamp Duty fees keep homeownership within grasp.”
