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

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.