The firm compared the number of leads sold in the first three weeks of August to the same period in July, revealing demand had increased for first-time buyer leads by 88%, next-time buyer leads by 157% and buy-to-let leads by 223%.

Justin Rees, head of marketing at LeadPoint UK, said the increase in demand had come from existing lead buyers starting to get back into the mortgage market and new customers signing up to specifically look for those types of leads.

He explained: “An interesting trend that we are also witnessing is that many advisers are starting to snap up these cheap purchase leads so they can start to build a client bank for when the market begins to improve over the next few months.”