reports information Bill Stamp

A third of house sales could collapse 'unless Rishi Sunak extends stamp duty holiday'

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www.mirror.co.uk

As many as a third of house sales could collapse on 31 March unless the chancellor takes urgent action to change the stamp duty holiday.

Rishi Sunak brought in the tax break - worth up to £15,000 on home purchases - in an effort to get the rpoperty market moving again after lockdown.

However, it's proved so popular that everyone from lawyers to surveyors to mortgage providers have been swamped. That means an awful lot of people might discover that, while they thought they were getting a tax break, their house purchase misses the March 31 window and they face a bill of thousands of pounds they hadn't budgeted for.

The Guild of Property Professionals found almost a third of buyers (31%) said they would very likely cancel their move if they

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