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Homeowners are failing to progress up the housing ladder as quickly as they had hoped, according to new research from Lloyds Bank.

One in three homeowners expected to be further along the housing ladder than they are now.

This proportion is even higher for first-time buyers, with 44% expecting to have climbed higher at this stage.

And more than four out of five believe that homeowners have to wait a lot longer to reach their long term family home than a decade ago.

The research also showed that 31% of people are worried that their own financial situation will create a barrier to moving.

Despite recent improvements, 40% say that the property market is stifling homeowner aspirations, although this figure has fallen from 47% in 2013 and 53% in 2012.

And 48% of first-time buyers think that the housing market will hit their hopes of buying a family home.

Only 44% believe their long-term home is a realistic achievement while just 18% expect it to be a better property than their childhood home.

Andy Hulme, mortgages director at Lloyds Bank, said that higher house prices in some regions meaning people are waiting longer to move into their long-term family home.

"Despite this, almost two thirds still believe they'll be in their long term home in less than five years, with the vast majority thinking this will only require one more move."

The majority of people, 43%, aspire to own a home with three bedrooms, against 24% who want four bedrooms.

The average price of a three-bedroom home in 2014 stood at £190,420, with the average total income of the occupants being £46,140.

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