Last year saw an increase in purchases with the intention to beat an increase in stamp duty charges and the impending EU referendum.
This year we have seen an unexpected general election, a ban on new build leaseholds and an impending letting agent fee.
The whole housing market is feeling the pinch...
Two of the country's estate agent chains have posted slumping profits in the face of a slowing housing market. London-focused estate agent Foxtons saw profits plunge 64% in the first six months of this year. Another estate agent, Countrywide, also saw profits tumble, also saw profits tumble, by 98% in its case. The firm said it would not pay a dividend. Foxton's head Nic Budden said demand had slowed due to "unprecedented economic and political uncertainty". Countrywide said house sales exchanges were down 20%, 24% in London.