Giggerty is the most correct. If you take a long-term view, and if you are on the old housing scheme, then it is a simple problem. When we bought our first place, we had a 5 year timeframe. Our place would be paid in 5.5 years, and so virtually no financial risk for us. It has worked 3 times. Just don't buy expecting to make 20% in 12 months. You may be sorely disappointed.
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