Poll: Are you concerned about rising house prices?

On average, movers paid more than £50,000 extra in 2015 to take their next step on the property ladder than they would have done five years ago.

The average price paid for a home in the first six months of the year by someone who was on the property ladder and moving to their next property was £261,524, according to the Lloyds Bank Homemovers Review.

This was 25 per cent, or £52,870, more than the typical home mover paid in 2010, when the home they were moving into had a price tag of £208,654. London home movers face paying 45 per cent, or £153,535, more for a property than they would have done just five years ago, with homes there now costing £492,882 on average.

In Wales, home movers are paying 15 per cent more for a property than five years ago, and in Scotland the increase is 17 per cent.

Northern Ireland, where house prices still have some way to go to recover to their pre-financial crisis levels, is the only region of the UK where a home mover would pay less for a property than they would have done in 2010, with a seven per cent fall.

The average deposit put down by a home mover in 2015 was £87,954, which is eight per cent, or £6,405, more than in 2014. The typical deposit size equates to 34 per cent of the average £261,524 price tag for a home.

Across the UK,155,000 home owners moved to another property in the first six months of 2015 – 32 per cent more than in the depths of the housing market slump in 2009, but nine per cent fewer than the number moving in the first six months of 2014.

Andrew Mason, Lloyds Bank mortgages director, said: "Whilst the number of home movers has risen since 2009, it remains well below previous levels and has recovered less strongly than first-time buyer numbers.

"This is likely to partly reflect the high costs associated with moving home, as well as highlighting the difficulties that home owners can face in finding somewhere suitable to move to due to the shortage of properties available for sale."