A survey conducted by fixed rate mortgage provider, Halifax, has shown that housing in Britain has become more affordable, as reports have suggested that between January 2010 and June 2010 94% of first-time buyers were not needed to pay stamp duty on their purchases.

The survey has confirmed that no payment for the stamp duty was the major reason, which made them buy property. Reports have also shown that 80% of first-time mortgage applications were accepted.

The report argues that the percentage of monthly salary people paying for mortgages is now less than 25 year average and the situation has become better over the past few months.

As the reports have come from the UK's leading mortgage lenders, they appear to be different from similar surveys conducted over the last few weeks.

If this situation will remain same for the future then there are chances of improvement and growth in the property sector of UK.

On the other hand, Halifax is also admitting the fact that first-time buyers still have to face a lot of challenges, including the deposits needed to apply for a first-time mortgage.

"While there are still challenges in raising deposits, other market conditions are more positive", said Stephen Noakes, Commercial Director for mortgages at the Company.