The CML has welcomed the year-on-year recovery in activity by home-movers seen in Scotland.
But the trade body has warned the next set of numbers will be affected by the introduction of the new land and buildings transaction tax.
This was introduced by the Scottish government on 1 April to replace UK stamp duty.
The CML research said: “The Scottish government has said that the introduction of the new tax means that 90 per cent of home-buyers will be better or at least no worse off.
“Anyone buying a home in Scotland for up to £330,000 will pay up to £400 less tax than under the stamp duty regime, and those buying for less than £145,000 will pay no tax at all.”
The true impact in Scotland of the tax replacing stamp duty is only likely to emerge over time, the research said, adding: “More generally in Scotland, as in the rest of the UK, there is a shortage of supply of housing in all tenures, and a need to increase investment in new homes.”
According to CML figures, movers took out 6,700 loans, worth a total of £1.1bn, in the first three months of the year.
Compared with the same period last year, borrowing by movers increased 5 per cent by volume and 24 per cent by value.
Jasper Sanghera, a mortgage adviser with Edinburgh-based Hunter Wealth Management, said: “Up to the break-even point of £330,000, the market is buoyant, and I am getting clients buying property below that point who are overjoyed at getting a reduction in tax in Scotland, so the new tax measure in Scotland is having a positive effect.
“Time will tell whether it has an effect above £330,000, but most people will benefit because of the price of property in Scotland.”