House prices are predicted to rise 20% by 2014 due to a lack of supply and increased demand, according to the latest forecast from the National Housing Federation (NHF).
Nationwide has predicted positive house price growth for the rest of 2009, after prices rose by 1.3% in July.
Alistair Darling will today grill the chairmen and chief executives of Britain's largest banks over concerns that lenders are still failing to provide adequate capital to businesses, according to the Times.
Nationwide is offering a 125% mortgage to help existing customers in negative equity.
The Government is today expected to unveil an overhaul of the way the City of London is regulated in the wake of the worst financial crisis since the Great Depression, reports The Telegraph.
Property prices will rise by an average 1.4% over the next 12 months, consumers predict, a stark improvement on forecasts last month of a 6.1% drop over the same period.
House prices in Britain fell by 1.7% last month and by 17.7% in the three months to April compared with a year earlier, according to the latest Halifax house price index.
House prices fell 2.3% in February, negating the 2% increase in prices in January, according to the latest Halifax index.
There is no evidence house prices are approaching a floor following the latest report from the Department of Communities and Local Government (CLG).
Property prices will fall by 40% from their peak in 2007 unless Government action succeeds in boosting mortgage lending, according to the Centre for Economics and Business Research (CEBR).