There is a quiet unspoken problem sitting inside the Shepperton property market. In the last two years, only 52.71% of the homes that came on the market have ended up selling.

For decades, the flat was the natural starting point for many first-time home buyers. The first rung of the ladder. The affordable option. The stepping stone to something bigger. For landlords, it was a dependable investment. For first-time buyers, it was often the only way in.

When Britain voted to leave the European Union on 23rd June 2016, many predicted the UK housing market was heading for trouble. Then Chancellor, George Osborne, warned house prices could fall by as much as 18%.

Keir Starmer’s resignation will not automatically cause house prices to fall or mortgage rates to rise, but it does inject another dose of uncertainty into the UK property market