people wanting to buy

The number of people wanting to buy a house has fallen to the lowest level since mid-2008 amid post-referendum uncertainty, according to the Royal Institution of Chartered Surveyors.

In its residential market survey, which has been carried out since the referendum, 27pc more surveyors polled said that house prices would fall rather than rise across the country in the next three months.

That dip in prices is expected to remain in London and the east of England for the next 12 months. This fall is not expected to be in the long term, however: those polled said that prices are still expected to rise over the next five years across the country, by an average of 14pc