The International Monetary Fund (IMF) has upgraded its forecast for UK growth, saying that the country will no longer fall into recession this year. The latest release suggests UK growth will now reach 0.4%this year.
https://www.bbc.co.uk/news/business-65669399
The average price of houses coming to the market in May reached a new record of £372,894 with new sellers responding to an improving housing market.
According to Rightmove, average new seller asking prices jumped by 1.8%, or £6,647, this month.
https://propertyindustryeye.com/house-prices-at-new-high-as-market-conditions-improve/
The long-awaited Renters’ Reform Bill, which fulfils the Government’s commitment to abolish Section 21 no-fault evictions, has finally been published. This bill has sparked a significant debate and raised fears about the future of the rental market.
Finbri carried out the survey with over 1,000 landlords to gather their opinions and the results confirm that many landlords are worried about this bill.
An iconic house in Barry, Wales, made famous by the hit series Gavin and Stacey has gone on the market for £212,000.
Click on the link in the article to view the property on Rightmove.
https://www.rightmove.co.uk/properties/133826273#/?channel=RES_BUY
