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Rishi Sunak: Mortgage holiday complications as Chancellor dubbed 'naive' | Personal Finance | Finance


| UPDATED: 14:09, Sun, Feb 14, 2021
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Rishi Sunak has been tasked with managing the Government’s economic response to the COVID-19 crisis over the 11 months. As part of his plan to help rescue the frozen property market, and assist those with financial struggles, he announced a mortgage holiday scheme alongside the Financial Conduct Authority (FCA) which was quickly taken up by millions. A mortgage holiday allowed Britons to temporarily pause their payments for a three month period, to help them get back on their feet financially. ....

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Stamp duty warning: 'Whole chains' face collapse due to shortage of removal companies


| UPDATED: 07:08, Mon, Jan 25, 2021
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A property expert has warned that there is a “big bottle neck” coming over the next few weeks. The stamp duty holiday is due to end on March 31 after Rishi Sunak enacted the tax break on July 8. The deadline is coming “hard and fast” and is pushing Britons to rush their transactions in order to save money. ....

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