It appears that some positive news for 2021 is already in the making. Some lenders are opening up the lower deposit values again to buyers, surely aiding the market again.

HSBC UK is re-introducing its 90 per cent Loan To Value mortgages from next week - a possible lifeline for first time buyers scrabbling to save a deposit.

Many lenders withdrew low-deposit mortgage deals last year, as worries over the housing market’s response to the Coronavirus led to lenders becoming more cautious.

The Yorkshire Building Society and TSB have made tentative moves back towards low-deposit mortgages, but HSBC is seen as a symbolic ‘big player’ making such a move.