Prices of houses could rise by 20% from 2012 to 2014.

The National Housing Federation said that prices will fall by 12.2/cent in total this year and 4.6/cent next year before 2011.

Banks are lending and preventing first-time buyers and other low-come households from taking advantage from steep falls in house prices to get on the ladder.

Whereas, the National Housing Federation appended that althought these rises will not be enough to pull homeowners who bought with high loan-to-value mortgages at the peak of the market in 2007 out of negative equity. Prices have already fallen by about 25/cent from peak to trough.

Tags:  Enlarge fall household Housing market National Housing Federation Price restart