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 A new survey has revealed that the property market is slowing down - with September showing a marked decrease in the number of house sales.
According to the National Association of Estate Agents (NAEA), both the number of people wanting to sell and hoping to buy were below the average for this time of year.
The figures could reflect a possible crash in the market after interest rate rises and the sub prime market crisis has made people more cautious about buying and selling.
The roll out of Hips and indecision over a general election is also being blamed for the current lull.
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NAEA president, Stewart Lilly, said: "The survey this month has been characterised by extremes, from unusually high stock levels to unusually low buyer levels.
"The market has certainly been considerably quieter than one might expect moving into autumn.
"When you consider the major events that it has had to withstand recently, from the 'credit crunch' to the home information pack launch, this is not so surprising."
He added that homeowners needed to be prepared for "a more difficult sales environment over the coming months".
Julian King of National Homebuyers agrees: "This 'difficult sales environment' has been gathering pace over the last few months.
"Home sellers are experiencing longer delays before reaching completion, the introduction of Hips is throwing up unexpected questions from the buyers and the overall list of reasons why there are less and less available purchasers is getting longer and longer."
Mr King is a fast house sale expert at National Homebuyers, the UK's leading quick property sale company that guarantees to make a fast cash offer to purchase any property in the UK, regardless of its condition or location.
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