:00:13. > :00:17.Good evening. The gap between house prices in
:00:18. > :00:21.London and the rest of the country has reached a record high. Prices in
:00:22. > :00:24.the capital have risen by 18% over the last year,according to the
:00:25. > :00:27.Nationwide building society. That's almost double the national `verage.
:00:28. > :00:35.Nick Beake reports on what ht means for first time buyers and
:00:36. > :00:41.home`owners alike. Two Londoners, two very different
:00:42. > :00:45.reactions to the latest news on the capital's spiralling house prices.
:00:46. > :00:50.Theatre lecturer Simone got the keys to her Peckham Rye flat 18 xears
:00:51. > :00:56.ago. It has raced up in valte. She thinks it is now worth nine times
:00:57. > :01:00.what she paid for it. I am not a property developer but it is good
:01:01. > :01:06.news for me, in terms of my pension, it is better place for me to put my
:01:07. > :01:10.money. Buying a house is solething Melanie knows about, it is ` shame
:01:11. > :01:15.it is not her own. You know it is a tough time for house`buyers when
:01:16. > :01:19.even an estate agent cannot get on the property ladder. As well as
:01:20. > :01:23.prices rising, the rental prices are going up as well so ultimatdly we
:01:24. > :01:31.will be priced out of a rental market as well. It is scary.
:01:32. > :01:35.Robidoux prices have shot up 18 . Nationwide says the typical London
:01:36. > :01:43.price is now more than ?360,000 It is the strongest price growth since
:01:44. > :01:51.2003. Every borough except Harrow has seen a 10% rise. Brent has seen
:01:52. > :01:58.a 31% rise, Lambeth with 30$ and Southwark with 26% have been the
:01:59. > :02:04.biggest surges. What is driving this? A lack of supply. Not enough
:02:05. > :02:08.houses are being built. There are more first`time buyers helpdd by new
:02:09. > :02:12.government schemes and the record low mortgage rates which me`n many
:02:13. > :02:17.have invested in property r`ther than savings, in the hope of a
:02:18. > :02:27.higher return. This is a ond bed flat we sold in October 2012 for
:02:28. > :02:30.2008000. It has come back on the market this weekend at 350,000.
:02:31. > :02:33.Already they have 17 viewings lined up this weekend. Here in Sotthwark,
:02:34. > :02:39.like so many other borough 's competition is getting fiercer.
:02:40. > :02:44.There is not a first`time btyer who comes to view a property who has not
:02:45. > :02:49.had the experience of having their offer rejected on at least five or
:02:50. > :02:53.six other properties. All this brings talk about housing btbble
:02:54. > :02:59.which can burst. Nationwide played down those fears but said the
:03:00. > :03:02.current rate is unsustainable. I think it is unlikely we will
:03:03. > :03:09.continue to seek house pricds outstrip the earning margin. But for
:03:10. > :03:12.now, plenty who can afford ht are willing to pay what it takes for a
:03:13. > :03:16.place of their own. So, what's being to done to help
:03:17. > :03:24.solve London's housing problems Our reporter, Chris Rogers, is `t City
:03:25. > :03:30.Hall for us tonight. 42,000 new homes to be built every year. That
:03:31. > :03:33.is the promise of Boris Johnson He is drawing optimism from thd
:03:34. > :03:38.increasing number of developers seeking planning permission for new
:03:39. > :03:41.schemes. But the test for Boris is whether he will continue to back
:03:42. > :03:46.more and more high rises along the river which tend to attract foreign
:03:47. > :03:50.investors. Or whether he will encourage investors to build family
:03:51. > :03:54.friendly houses in the right area with a decent percentage of
:03:55. > :03:59.affordable homes. It is the latter which will be difficult. Thd amount
:04:00. > :04:02.of money the government givd to developers to subsidise affordable
:04:03. > :04:05.homes is not what it used to be Thank you.
:04:06. > :04:08.As we've heard, Chelsea werd beaten 3`1 by Paris St Germain tonhght
:04:09. > :04:11.There were reports of trouble before the game in Paris in the city
:04:12. > :04:15.centre, with disturbances around the Rue St Denis. We'll have more on
:04:16. > :04:18.that story in our breakfast bulletins from six thirty tomorrow
:04:19. > :04:21.morning. The car maker Ford has reached a
:04:22. > :04:25.deal with the Unite union in a dispute over workers' pensions.
:04:26. > :04:28.Plants in Basildon and Enfidld were taken over by a company called
:04:29. > :04:31.Visteon in 2000. But employdes claim they lost up to half their pensions
:04:32. > :04:34.when the company went into administration five years ago. Our
:04:35. > :04:43.political correspondent, Karl Mercer, reports.
:04:44. > :04:47.Marching for what could be the last time, the former Ford workers who
:04:48. > :04:52.have spent five years fighthng the company to get more of their pension
:04:53. > :04:56.money back. Many had spent decades working for Ford and were
:04:57. > :05:00.transferred to another comp`ny called Visteon. They were told their
:05:01. > :05:05.pensions would be protected but when the firm went bust in 2009, they
:05:06. > :05:13.were hit in the pocket. I thought I had security in retirement `nd to
:05:14. > :05:18.find I had lost 40% of it when it went into administration, and then
:05:19. > :05:25.pay money back, was a bitter blow. All the plans I had in lattdr years
:05:26. > :05:30.have been dissolved overnight. I was one of those who kept going until
:05:31. > :05:35.today. If we do not get what we want I will keep going. What was mine and
:05:36. > :05:42.what I paid in is what they owed me and I want it back. Back in 200 ,
:05:43. > :05:47.Linda was one of the Enfield Visteon workers who occupied their factory
:05:48. > :05:51.when they were laid off, only coming back after talks with managdment. Do
:05:52. > :05:58.you think you have achieved anything? Yes, they will talk to
:05:59. > :06:03.us, that is what we want. Workers at the Basildon plant staged a protest.
:06:04. > :06:07.We really felt that an agredment was an agreement and we felt re`lly
:06:08. > :06:11.cheated, really hurt by the whole thing. As well as financially, it is
:06:12. > :06:17.a real blow because you havd worked so hard for a company to end up with
:06:18. > :06:21.nothing. Today, it appears ` deal could be on the table. That deal
:06:22. > :06:47.will be put to the Visteon pensioners next week. This hs a good
:06:48. > :06:50.deal for pensioners and I think there are colleagues on all sides of
:06:51. > :06:53.the house who have been involved in this, I think they are to bd
:06:54. > :06:55.credited for the work they have done with Ford to get justice. It is
:06:56. > :06:57.believed 1500 pensioners will get lump sums. They hope it will be the
:06:58. > :07:09.end of their battle. . Overnight tonight, a brisk dasterly
:07:10. > :07:15.wind flowing up the estuary. We are looking at temperatures falling no
:07:16. > :07:20.lower to 11 or 12 degrees. Tomorrow it will be a nice one for the early
:07:21. > :07:26.risers. Hazy sunshine for the rest of the day. There will be the odd
:07:27. > :07:29.spot of rain to parts of thd west around Hampshire. Most placds will
:07:30. > :07:34.be dry. The air pollution h`s been be dry. The air pollution has been
:07:35. > :07:40.hitting the headlines today. For more information on that, here is my
:07:41. > :07:44.colleague. Good evening. Very hazy skies in
:07:45. > :07:51.London today and many other towns and cities across the UK. On
:07:52. > :07:54.Thursday there is the chance of some pretty high pollution in the
:07:55. > :08:01.south-east and East Anglia but by the time we get towards the end of
:08:02. > :08:05.the week, we will see clearer Atlantique air coming in and we
:08:06. > :08:07.should get rid of the Saharan dust which has been