The fear that house prices might be about to rise is thought to be driving a surge in the number of people who want to take their first step on to the property ladder.
More than a quarter of people intending to buy a house within the next 12 months were found to be first time buyers in research conducted by Rightmove, the highest level reported for a year.
However, the rise also coincides with an increase in the amount of people who expect house prices to be higher this time in 2012.
The property website said a third (33%) of first time buyers expect prices to have increased in 12 months' time, compared with just 22% who were of the same opinion in the previous survey three months earlier.
"This quarter's survey appears to indicate more first time buyers are calling the bottom of the market," said Miles Shipside, director of the property website.
"A significantly higher proportion of them now believe prices are set to increase over the next 12 months and so they are perhaps looking to enter the property market in greater numbers before their affordability deteriorates."
For the second consecutive survey first time buyers said their single biggest concern in the property market is raising enough of a deposit to purchase.
Fortunately, recent research suggests some of the barriers which have recently obstructed first time buyers are starting to come down.
According to Moneyfacts.co.uk, rates on mortgage deals requiring a 10% deposit have this week fallen below 6% for the first time since March 2008.
The average rate on a two year fixed rate mortgage at 90% loan-to-value (LTV) currently stands at 5.98%.
It was also revealed that 229 such mortgage deals are available at present, 41% more than a year ago.
HSBC and Yorkshire Building Society are amongst the lenders willing to lend to borrowers with just a 10% deposit, while Woolwich and first direct have mortgage deals open to those with a 15% deposit.
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