The UK mortgage market is displaying all the signs of recovery, with higher percentage value lending options on offer increasing on a daily basis.

The number of mortgage lenders offering fixed rate mortgages with a 90% LTV or higher nearly doubling over the last year.

Recent mortgage market research has shown that there are more than 140 fixed-rate mortgage products now available for anyone who is looking to borrow 90% or more of the value of their property.

The fixed rate mortgage market has grown significantly and more than 46% in terms of new mortgage products being made available since February last year.

The research has confirmed that the average percentage advance for a fixed-rate mortgage is now 76.8%, which is an increase of 1.1% from the 75.7% average a year ago.

New Mortgage borrowers who are looking for a high LTV mortgages on a variable rate mortgage will have far less choice. The market has nearly tripled the number of variable rate mortgage products on offer, but the number of high LTV products has shown a very small increase from 43 in 2009 to 51 in 2010.

The increase in higher LTV mortgages has not excluded the first time buyers, but the majority of new 90% products are not available to those wanting to buy their first home. Moneymatchmaker.com reported saying that its mortgage broker network has access to some of the best mortgage deals and the number that are available to new mortgage borrowers has also increased.