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Government entities-backed plan assists homeowners in the united kingdom obtain mortgages from up in order to £600,000 which have a 5% put. To have consumers, the borrowed funds ensure plan performs in a similar manner method while the most other 5% deposit mortgages. The big differences is that loan providers maybe you have make you a five-season fixed-rates offer – so that your interest rate and you will monthly repayments are ready for five years.

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