Thousands of asking prices on property for sale across London have been slashed since the Brexit vote and hundreds of deals have fallen through, the Evening Standard has claimed.

But outside London, the picture seems completely different. Agents belonging to the Relocation Network, with over 700 offices nationwide, have painted a “consistently calm picture” of “business as usual”.

The Standard’s story comes up with examples of big price cuts, including a first-floor apartment in Belsize Park, put on the market in May at £1.5m but cut to £1.05m on the day the Referendum outcome was made clear.

Another flat, in Whitechapel, has had its price cut from £1.1m to £720,000. A house in Streatham that was listed at an initial £1.3m is now £850,000.

According to the Standard, an analysis of 13,000 homes listed on Zoopla suggests that one in six have had a price cut since the Leave vote. The paper also claims that “hundreds” of agreed deals in London have fallen through following the Brexit vote.

Separately, the Financial Times has reported that over £650m worth of commercial property deals in the City of London have collapsed since the vote.