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Rishi Sunak news: Budget contains a sting in the tail, warns taxation expert | Personal Finance | Finance


Rishi Sunak is grilled at a post-Budget press conference (Image: GETTY)
“If they cannot pay and dump the house back on the bank, they don’t have the loan follow them as it would in many countries.”
However, not everybody was a winner, Mr Lyddon warned.
The Mortgage Guarantee of 95 percent of Loan-to-Value (LTV) meant the State would guarantee to private lenders the repayment of the entire loan and interest.
Budget 2021 in summary (Image: Express)
He explained: “If the price goes to 130 percent of the initial LTV, the buyer gets the entire 30 percent.
“If the LTV goes to 70 percent, the buyer can walk away losing their five percent ....

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Tens of thousands of cancer sufferers denied treatment in UK during pandemic


Tens of thousands of cancer sufferers denied treatment in UK during pandemic
The COVID-19 pandemic has exacerbated the dire situation facing tens of thousands of UK cancer patients. At the end of December 2020 the worst month for medical backlogs since records began in 2007 almost 4.52 million patients in England were waiting to start hospital treatment. 224,205 people had been waiting more than a year.
Tens of thousands of cancer sufferers are among those waiting. Hundreds of them will die needlessly because of the Conservative government’s criminal response to the pandemic.
An article by the Cancer Research UK charity highlights the increasing numbers of patients waiting for cancer referrals, diagnoses and treatments. The article notes that, since the onset of the pandemic, waiting times for screening, tests and treatment have been steadily increasing. Roughly 40,000 fewer people started treatment for cancer in 2020 compared with previous years. According to Jon Sh ....

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