Gross mortgage lending rose by 17% in the second quarter of 2015 as the market performed strongly after the general election, data from the Council of Mortgage Lenders has revealed.
In the second quarter £52.2bn was lent compared to £44.5bn in the first quarter.
Mohammad Jamei, CML economist, said: "Activity is picking up after a slow start to the year.
"Our lending figure for June may be flattered by the end of political uncertainties related to May's general election, and the underlying picture is likely to be one of only modest recovery.
"This should be supported by favourable conditions in the economy, though it will be limited by rising house prices and affordability pressures."
Lending in the second quarter only increased by 1% from last year's quarter two figure of £51.7bn, suggesting the rise could be attributed to a normal seasonal adjustment.
June lending was particularly strong, as it increased by 29% month-on-month and 15% year-on-year to £20.5bn.
