London house prices showed a slight recovery in May, but confidence elsewhere in the South-east of England nosedived last month, according to the latest UK residential market survey from the RICS.

RICS’ most recent study said outright declines in new buyer interest had shown signs of stabilising after the country put back plans to leave the EU until the end of October.

But a slightly less negative sentiment did not mean firms were expecting an increase in transactions “any time soon”, RICS added.