House prices will “continue to rise over the coming decades” without a “radical house building plan for both first-time buyer homes and purpose-built rental properties”, Landbay’s chief executive and co-founder has said of house prices rising by 5.4 percent in the year to September 2017.

The latest statistics from the government’s Office for National Statistics (ONS) show that the rise of 5.4 percent is an increase from the 4.8 percent rise in the year to August 2017, with the latest average recorded houses price £226,000 in Septem...