By Daniel Hunter

House prices in London are falling, according to the Royal Institute of Chartered Surveyors (Rics), bucking the trend of the rest of the UK.

The data, which collects prices from a range of surveyors, found more to have reported a fall in prices in the three months to the end of February than those reporting a rise.

Comparatively, surveyors around the country reported rises, particularly in Scotland and Northern Ireland.

Rics said that price growth accelerated in the South West and South East of England, but that was mainly driven by a lack of supply.

Despite seemingly falling house prices, Rics' chief economist Simon Rubinsohn said he believes that buying a house in London will become unaffordable before long.

He said: "There is a strong view in the survey that property will become even more unaffordable over the medium term. Respondents suggest, on average, that house prices will rise by a further 30% in the capital over the next five years."