More than 40% of mortgages have been taken off the market since the chancellor's mini-budget on Friday, and companies involved in property and construction have had their value fall as the UK stock market was hit.

Of the 12 companies whose shares fell furthest on Thursday, six of them were involved in the property market directly or indirectly.

Shares in Barratt Developments fell 12.54% to 324.2p; Taylor Wimpey fell by 7.17%, to 84.44p; Persimmon fell 5.56% to £11.80; and Berkeley's shares were down by 4.64%.

Shares in Rightmove, the property portal, fell by 5.50%, to 477.80p, and shares in Kingfisher, which owns the hardware chains B&Q and Screwfix, fell by more than 4.5%.

More than 300 residential mortgages were withdrawn from the market in the past day, meaning 40% of products have been taken off the market since Kwasi Kwarteng announced extensive tax cuts funded by borrowing in the mini-budget.

Since then 1,621 products have been withdrawn, leaving 2,340 on sale.

Ian King, Sky's business presenter, said: "This is obviously concerning the mortgage market right now, a lot of pressure on lenders, a lot of lenders withdrawing products from the mortgage market."

The day's other big fallers were Next, Ocado, Smurfit Kappa, Whitbread, Sainsbury's and DS Smith.

By the close of trading at 4.30, Barratt Developments was still the biggest loser with a share price of 323.40p, a fall of 12.76%. Rightmove's loss had also risen 7.71% to 466.60p.

Taylor Wimpey and Persimmon remained in the top 12 daily loss makers in the FTSE 100.

A 6.46% fall dropped Taylor Wimpey's share price to 85.08p while a 6.00% loss was reduced Persimmon's share price to 1,175.00p.