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There has been a surge in serious home loan enquiries since the General Election, according to deVere Mortgages.

Its brokers have reported a 50% increase in the volume of enquiries in the seven days after David Cameron's surprise victory.

Kevin White, deVere's head of UK financial planning, said: "Since the election our mortgage consultants have reported a noticeable surge in serious home loan enquiries.

"The majority of these enquiries were from overseas buyers and British expats who want to purchase a UK property but who had been, for various reasons, waiting to see the outcome of the election."

White added: "It is to be expected that there was a significant uptick in mortgage enquiries in light of the Conservative win.

"It appears that investors held off in fear of a left-wing government taking power."

He said the UK property market should benefit from David Cameron's government. "There will be no mansion tax, and indeed property will be slightly less taxed if the Conservatives carry out their promise to exclude property under a certain value from inheritance tax."

White said the election result has confirmed that Britain remain a pro-business, pro-property owning country backed up by a robust legal framework. "The statist alternative, proposed by the Labour party, that would have led to more government intervention in the economy has been revealed to have little popular support.

"Additionally, the non-dom tax status will continue to be available to wealthy foreigners, even if it is further modified.

"This will continue to encourage inward investment and spending in the UK, particularly in property.

"The likelihood of continuing very low interest rates, supported by this week's Bank of England inflation report, will also fuel demand."

deVere Mortgages, which works with more than 200 UK and international lenders, can assist UK residents and overseas clients with the purchase and refinance of their UK home.

It also specialises in buy-to-let opportunities, remortgaging overseas properties and tax optimisation from rental income.

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