It is still very difficult for first-time buyers to enter the housing market because of the large deposits that are required for them to purchase a home, states one property expert.

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First-time buyers still face significant constraints, it has been claimed.

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House prices will continue to defy predictions of reverses, rising by 1 to 2 per cent over the course of next year, the Royal Institute of Chartered Surveyors (Rics) forecast yesterday. The body said that despite warnings that the housing market recovery might prove temporary, it believed that continued shortages of supply and rising demand would push prices up.

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RT @PropertyADD: The Modern Estate Agent: Top 5 on-site SEO tips for estate agents: http://bit.ly/6d8gOB

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A AHIPP: RIP? Not if Mike Ockenden has anything to do with it – he has spent much of this year trying to save the HIP industry (see O). A is also for accountable, a word the Government used a lot this year, meaning it isn’t, and everyone else is to blame.

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