Figures from the Building Societies Association (BSA) property tracker revealed that 12% are more likely to purchase property now than they were at the start of the year, while just 4% are less likely.

Of those more likely to purchase property, 44% said a change in personal circumstances had put them in a better position to do so than the previous year.

Paul Broadhead, head of mortgage policy at the BSA, said: “With more people viewing now as a good time to buy a property, the BSA’s September property tracker results show a bounce back in consumer confidence.

“Following the [EU referendum result], there were numerous media reports of buyers pulling out of property purchases, but the fundamentals of the housing market remain strong, and there has not been a significant reduction in housing demand.

“Mortgage interest rates are at an all-time low and UK building societies continue to offer market leading products.”

Despite the rise in confidence, 20% claimed that a change in personal circumstances had made them less likely to buy a home.

Meanwhile, 17% of consumers believed house prices were likely to fall in the next 12 months.

Earlier this month, Halifax revealed that house prices had already fallen by 0.2% in August.

Paul went on to say that the government needed to act in order to protect the UK housing sector. 

“Looking ahead, housing market sentiment will ultimately be determined by the health of the UK economy, and more specifically wage growth and job security.

“To support the housing market it’s vital that the government continues to increase housing supply and ensure that we build enough homes to house the UK’s current population.”