Back in June The Telegraph speculated that house prices would fall 5pc nationwide and tumble even further in London as worried home owners back out, amid the uncertainty that the vote to the EU has created.

Since then, the market sentiment from both agents and solicitors has proved that this was indeed just a short blip with confidence from buyers now surging.

The former head of Savills' commercial auction team in Nottingham has joined a rival firm – where he will lead a new part of the business.

Paul Giles will now help set up Auction Estates, a new auction house that forms part of city property investment firm ALB Group.