It said there were 36 new mortgage deals with loan-to-value ratios of 85% or above launched during the month, a stark contrast to July when the numbers fell by 26.
During August five new products were launched with LTVs of 95%, all fixed rate, with a further 15 in the 90% LTV tier, of which nine were fixed and six were variable rates.
The report said that of the high LTV deals, two-thirds were launched by building societies.
Sylvia Waycot, finance expert at Moneyfacts.co.uk, said: “Attaining a deposit becomes more realistic if LTVs are raised and so after years of frustration potential FTBs must be doing jigs of joy in the street.
“Increasing LTVs will create a knock-on effect in the whole housing market. Not only will it aid the stagnation of the FTB market, but also the second movers market because they need FTBs to sell to.
“House buying as we all know is a chain and every link is essential; strengthen one link and the whole chain benefits.”
