Last year, as property prices continued to climb, existing homeowners found the increased equity in their property enabled them to move, sending the number of home movers to around 365,400 – the highest figure noted in seven years.

The report by Lloyds Bank revealed that as well as being the highest number since 2007, it meant there had been an 8% increase year on year.

In 2014, there was an increased number of first-time buyers stepping onto the property ladder, which triggered the rise in house prices. For those people who were living in their first home and trying to take the step to their second property, they were able to do so due to their enhanced equity position.

Many first-time buyers were helped onto the property ladder with schemes such as Help to Buy, as it aided those with a lower deposit in the purchase of their dream home. In the last 12 months, the equity available in the properties of those looking to move from their first home has increased by around an additional £10,000.

Those of you who choose to work within the mortgage industry will be fully qualified to best advise customers who seek your help and support in realising their dreams. Having completed your CeMAP training and passed the end exams, you will be able to act with honesty and integrity within the limits of the regulation set out by the Financial Conduct Authority (FCA).

You will be the first point of contact for those looking at buying their first home, or moving onto second or subsequent properties.

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