A picture shows a building under development in London on August 17, 2016 From computers and cars to carpets and food, Britain's decision to leave the EU is beginning to hit consumers in the pocket, having already spread uncertainty through the property market. There are fears over the UK housing market, but deflation is more of a concern than price rises in this key sector. Figures released Monday showed that residential rents for new lets in London had fallen for the first time in six years. In addition, homeowners have seen the value of their property rise on average by just 2.1 percent in the year up tol August, a slowdown from the breakneck growth of recent years, according to property website Rightmove. / AFP PHOTO / DANIEL LEAL-OLIVASDANIEL LEAL-OLIVAS/AFP/Getty Images

A construction worker works on a development site in London on August 17, 2016 From computers and cars to carpets and food, Britain's decision to leave the EU is beginning to hit consumers in the pocket, having already spread uncertainty through the property market. There are fears over the UK housing market, but deflation is more of a concern than price rises in this key sector. Figures released Monday showed that residential rents for new lets in London had fallen for the first time in six years. In addition, homeowners have seen the value of their property rise on average by just 2.1 percent in the year up tol August, a slowdown from the breakneck growth of recent years, according to property website Rightmove. / AFP PHOTO / DANIEL LEAL-OLIVASDANIEL LEAL-OLIVAS/AFP/Getty Images

Pedestrians leaving Westfield shopping center use an escalator in front of a building under development in London on August 17, 2016 From computers and cars to carpets and food, Britain's decision to leave the EU is beginning to hit consumers in the pocket, having already spread uncertainty through the property market. There are fears over the UK housing market, but deflation is more of a concern than price rises in this key sector. Figures released Monday showed that residential rents for new lets in London had fallen for the first time in six years. In addition, homeowners have seen the value of their property rise on average by just 2.1 percent in the year up tol August, a slowdown from the breakneck growth of recent years, according to property website Rightmove. / AFP PHOTO / DANIEL LEAL-OLIVASDANIEL LEAL-OLIVAS/AFP/Getty Images

Construction workers work on a development site in London on August 17, 2016 From computers and cars to carpets and food, Britain's decision to leave the EU is beginning to hit consumers in the pocket, having already spread uncertainty through the property market. There are fears over the UK housing market, but deflation is more of a concern than price rises in this key sector. Figures released Monday showed that residential rents for new lets in London had fallen for the first time in six years. In addition, homeowners have seen the value of their property rise on average by just 2.1 percent in the year up tol August, a slowdown from the breakneck growth of recent years, according to property website Rightmove. / AFP PHOTO / DANIEL LEAL-OLIVASDANIEL LEAL-OLIVAS/AFP/Getty Images

A picture shows an apartment building under development in London on August 17, 2016 From computers and cars to carpets and food, Britain's decision to leave the EU is beginning to hit consumers in the pocket, having already spread uncertainty through the property market. There are fears over the UK housing market, but deflation is more of a concern than price rises in this key sector. Figures released Monday showed that residential rents for new lets in London had fallen for the first time in six years. In addition, homeowners have seen the value of their property rise on average by just 2.1 percent in the year up tol August, a slowdown from the breakneck growth of recent years, according to property website Rightmove. / AFP PHOTO / DANIEL LEAL-OLIVASDANIEL LEAL-OLIVAS/AFP/Getty Images

A picture shows cranes next to a block of flats under development in London on August 17, 2016 From computers and cars to carpets and food, Britain's decision to leave the EU is beginning to hit consumers in the pocket, having already spread uncertainty through the property market. There are fears over the UK housing market, but deflation is more of a concern than price rises in this key sector. Figures released Monday showed that residential rents for new lets in London had fallen for the first time in six years. In addition, homeowners have seen the value of their property rise on average by just 2.1 percent in the year up tol August, a slowdown from the breakneck growth of recent years, according to property website Rightmove. / AFP PHOTO / DANIEL LEAL-OLIVASDANIEL LEAL-OLIVAS/AFP/Getty Images

Estate agents placards are seen in front of houses in London on August 17, 2016 From computers and cars to carpets and food, Britain's decision to leave the EU is beginning to hit consumers in the pocket, having already spread uncertainty through the property market. There are fears over the UK housing market, but deflation is more of a concern than price rises in this key sector. Figures released Monday showed that residential rents for new lets in London had fallen for the first time in six years. In addition, homeowners have seen the value of their property rise on average by just 2.1 percent in the year up tol August, a slowdown from the breakneck growth of recent years, according to property website Rightmove. / AFP PHOTO / DANIEL LEAL-OLIVASDANIEL LEAL-OLIVAS/AFP/Getty Images

A caution sign is seen in front of a construction site in London on August 17, 2016 From computers and cars to carpets and food, Britain's decision to leave the EU is beginning to hit consumers in the pocket, having already spread uncertainty through the property market. There are fears over the UK housing market, but deflation is more of a concern than price rises in this key sector. Figures released Monday showed that residential rents for new lets in London had fallen for the first time in six years. In addition, homeowners have seen the value of their property rise on average by just 2.1 percent in the year up tol August, a slowdown from the breakneck growth of recent years, according to property website Rightmove. / AFP PHOTO / DANIEL LEAL-OLIVASDANIEL LEAL-OLIVAS/AFP/Getty Images