Estate agents have warned how house sales are already collapsing with lenders pulling mortgage offers in reaction to the Mini-Budget.
Soaring mortgage costs are set to hit the two million families on a variable deal over the next few months - with many fearing that they may be forced to sell up as a result.
The property market was left in turmoil this week following the Mini-Budget - which also sent the pound plunging to an all-time low against the US dollar.