UK property market "out of control" amid fears of housing bubble

Analysts are warning that yet more growth for house prices across Britain could spell trouble for people wanting to get their first foot on the property ladder, reports theguardian.com.

New data from the Office for National Statistics (ONS) shows the average price of a home in Britain rising 1.9 per cent over February, which allowed year-on-year growth to hit 9.1 per cent.

First-time buyers have been dealt a hammer blow over the last year and are now facing up to the prospect of spending an average of