Deals done however may likely be lower than expected, at prices lower than expected.
The market has been sluggish since 2014 especially at the top end, while lower priced properties - beneath £1m in Fulham and around the £500k mark London-wide - have enjoyed tremendous demand powered by cheap lending.
We were just beginning to see a thawing at the upper end of the property market, with deals beginning to happen above the £2m mark but now expect this to dial back again, although frankly the stagnation at this level can surely only continue so long.
Can we expect the amount of serious buyers and sellers in the market to reduce? We can also expect the gap between buyers and seller’s expectations to widen as sellers keep asking prices fairly steady.
What is clear though is that shares within the property sector have taken a pummeling.
Home builders Persimmon and Barratt Developments saw shares prices drop by as much as 40% on Friday, some of the largest falls in the market off the back of fears of increased labour costs.
London estate agent Foxtons have seen a 23% drop in its share price after it issued a profit warning with other London estate agencies apparently immediately experiencing some larger deals falling apart.
All this points towards a reduction in turnover as uncertainty starts to freeze over the property marketplace.
Despite an overwhelming remain vote of over 32,134 people in the borough of Hammersmith and Fulham it appears that the UK will be leaving the European Union.
What can we expect to happen to the property market in London and Fulham?