In September, the number of surveys completed by Connells rose by 30% on August’s figures.

However, this level was still down 4% year-on-year, the first month during 2012 its figures showed an annual drop.

The monthly rise was predominantly down to a jump in the number of first-time buyers having properties valued.

New buyer surveys grew 38% on August levels and were 8% higher than September 2011.

Elsewhere, buy-to-let business now represents 14% of the surveying market, witnessing growth of 7% in the year to September.

John Bagshaw, corporate services director of Connells Survey & Valuation, said:

“The housing market tends to pick up pace in September, entering peak season as the school holidays end and buyers return from their summer hiatus.

“First-time buyers are the engine room of the housing market, and any increase in their numbers is to be welcomed. There are indications that higher LTV deals are becoming available, but it is still tough for the average new buyer to secure the finance they need.

“Lending criteria remains tight, and the growth is largely being driven by wealthier borrowers and those with substantial deposits.”

Remortgage activity dropped 12% on last September’s figures, although that sector of the market rose 29% month-on-month, with Bagshaw anticipating more growth in this area of the market over the coming months.

“The fear of a bank rate rise has receded somewhat with the UK in a double-dip recession, and fewer borrowers are looking to remortgage than a year ago.

“However, with SVR rises like Santander’s starting to effect many borrowers’ repayments, we could see an upturn in the number of mortgage holders looking for cheaper deals and longer term security.”