house price inflation

Bank of England should limit house price inflation, says surveyors' body

Research by the Royal Institute of Chartered Surveyors (RICS) proposes cap on price growth

The Bank of England’s Financial Policy Committee should consider limiting annual house price inflation to 5% in order to prevent another housing bubble, reckless bank lending and a dangerous build up in household debt, according to new RICS research launched on Friday 13 September.

RiCs...