60% of mortgages taken in June 2010 were for purchases, according to the latest John Charcol mortgage index.

The index tracks three statistics each month, based on the number of cases submitted rather than the mortgage amount, and are the percentage split between fixed rates, capped rates and tracker/discount rates between purchases, remortgages and product transfers, and of first time buyers compared to all purchasers.

Drew Wotherspoon, director of marketing, said: “Purchase activity continues to maintain dominance over remortgaging