The latest index from the Nationwide shows no change in house prices as demand remains subdued as a home purchase is less affordable.
CBI business leaders have urged the government to tackle the housing crisis to meet their target of a million new homes by 2020.
The government has closed the Help to Buy mortgage guarantee scheme that has helped 86,341 first timer buyers on to the housing market.
Data from the CML has revealed older borrowers have higher levels of equity to debt with repayment rather than interest only mortgages.
House prices in the UK are up over the year and remain stable as the number of sales completed have dropped by up to a third.
One in six families have been offered a smaller mortgage from a lender due to their childcare costs adding to parents stress and anxiety.
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