Borrowers are getting access to a wide range of mortgage options.
Research by MoneySupermarket has found that there has been an 18 per cent increase in the number of mortgage products on the market since April.
Deals are particularly easy to come by in the 60, 75 and 80 per cent loan to value market at present, the study found.
Part of the reason for the upsurge in the sector is the announcement and rolling out of the Bank of England's Funding for Lending scheme, which seeks to make more money accessible to financial institutions.
Clare Francis, mortgage expert at MoneySupermarket, noted £80 million has been made available to the sector thanks to the Bank's scheme so far.
"Our analysis shows there are now more mortgages available than six months ago and fixed rates have been falling since April," she added.
Because of this, individuals may feel that now is a good time to try and get on the property ladder.
Ms Francis encouraged anyone considering taking out a mortgage to look at the total amount they will have to repay, including fees, over the term of the deal.