Almost 350,000 people moved up the housing ladder in 2013 as rising house prices gave homemovers larger deposits to buy their next property.
The average homemover put down a deposit of £76,398 in 2013, up 6% from £72,000 in 2012, according to the latest Lloyds Bank Homemovers Review
Homemovers in London put down the largest average deposit of £144,505, equivalent to 34% of the average property value.
That was nearly four times the average deposit put down by homemovers in Northern Ireland of £36,951.
2013 saw the second successive annual increase in homemover house purchases, taking the total to an estimated 337,500 in 2013, a rise of 3%.
But that is still 55% lower than the annual average of 750,000 between 2003 and 2007.
Since 2008, the average price paid by a homemover has risen 5.5% from £220,587 to £230,549.
The average deposit of £76,398 equates to 33% of the price homemovers paid for their next property.
The average mortgage advance for a new homemover was £154,150 in 2013.
That is 41% higher than a decade ago, when the average was £109,496.
Marc Page, Lloyds Bank mortgages director, said: “As house prices have increased over the last 12 months, we’re seeing more people look to take the next step on the housing ladder.
"Higher levels of equity are increasing the average deposits and this, in turn, is giving homemovers more options.
"This year we’ll see Help to Buy enable more homeowners to progress to the next rung of the ladder, and as a result we would again expect the number of homemovers to increase in 2014.”