Interest in fixed rate mortgage types also remains high.
The number of mortgage applications have risen by 9.8% year-on-year, Experian has found.
This follows the Bank of England announcing the base rate will be held at 0.75% last week.
Interest in fixed rate mortgage types also remains high.
The majority (88.3%) of those searching for a mortgage via Experian in August searched for a fixed monthly repayment deal.
Amir Goshtai, managing director of Experian Marketplace and Affinity, said: “Looking at the most recent barometer data, mortgage applications were up by 9.8% in August 2019 from the same period last year.
“With the Bank of England announcing last week the base rate will be held at 0.75%, it appears people are taking advantage of relatively low mortgage deals despite the general economic uncertainty.”
Some 7.1% of searches on Experian were for a variable repayment type whilst 4.7% were for a tracker.
