Mortgage sourcing system Mortgage Brain published its Monthly Product Analysis, where it showed that there had been an 86 per cent increase in the overall availability of mortgage products compared to the same period in 2010, and a 21 per cent rise compared to May this year representing a 42-month high. Last month the total number of live mortgage deals listed on the system fell by 1 per cent the first time this has occurred in 11 months from 14,361 to 14,203. Mortgage Brain said this was just a blip compared to indications from longer-term analysis. Chief executive Mark Lofthouse said: “Our latest data shows again that the UK mortgage market continues to fluctuate, however, there are still plenty of reasons for a positive outlook. Overall product availability is up 86 per cent compared to this time 12 months ago and the increase in the higher loan-to-value (LTV) banded products gives further encouragement to those looking to take their first step on the product ladder.” Mr Lofthouse’s company’s analysis showed that the number of mortgage products with an LTV of 80 per cent or under have have increased by 31 per cent since May and now represent an impressive 1,807 of all available products, a significant increase from the 1,379 available just six months ago. The number of tracker mortgages fell last month by 5 per cent, while there was a tiny 0.1 per cent drop in the number of fixed-rate deals available. Nevertheless, these remained the most popular form of mortgage, representing 8,517 of all available mortgage products although the best-performing mortgages were variable rate products, which increased for the second month in a row, by 1 per cent.