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Old 30th October 2008 | 21:02
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roll_over
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How do people afford these mortgages using the housing allowance? All the properties I have looked at, seem to be on plan which require installments of around 10% up until completion. So you would be using your housing allowance to pay a mortgage on a house, that you do not live in and will be built in a few years, which means you need to rent somewhere else in the mean time?
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