Media playback is unsupported on your device

Bank of England 'should limit house price rises' - Rics

13 September 2013 Last updated at 20:15 BST

House price increases should be limited to 5% a year by the Bank of England to "take the froth out" of price booms, a surveyors' group says.

The Royal Institution of Chartered Surveyors (Rics) says that a 5% annual rise should trigger caps on how much people could borrow relative to their incomes or the value of the property.

It follows the business secretary Vince Cable's comments earlier this week that a government help to buy scheme could fuel an unsustainable rise in house prices.

Duncan Kennedy meets a first-time buyer and a seller, who have very different views on the idea.

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.