The latest MLAR data from the Bank of England - provided by around 340 regulated mortgage lenders and administrators - shows that new lending at 90% LTV or above increased by 0.7 percentage points from the previous quarter to 4.6% in Q2 2017.
The Bank of England says the rise in new lending at higher LTVs and LTIs is consistent with the increase in the share of new lending for house purchases and the fall in the share of activity relating to remortgages.
The data shows an overall increase in new residential mortgage lending activity in Q2. £62.7 billion of new residential loans was advanced to individuals during Q2 2017, 3.8% higher than the previous quarter and a 8.1% increase from the same quarter last year.
The share of lending to first-time buyers has rebounded to 22.0% in Q2 2017 after the dip in Q1 which coincided with the end of mortgage guarantee part of the Help to Buy scheme.
The share of buy-to-let lending has decreased to 12.5% in Q2 2017 - the lowest percentage since Q3 2013.
