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Great. UK is going affordable housing psycho again.
1 posted on 07/28/2013 2:43:34 PM PDT by whitedog57
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To: whitedog57

“Scheme” in British English does not have the negative connotations that it does in American English. It’s meaning is more akin to “plan”. For example a health insurance plan in AmE would be called a health insurance scheme in BrE.


2 posted on 07/28/2013 3:03:41 PM PDT by captain_dave
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To: whitedog57

O K I am stupid
“need to contribute at least 5% of the property price as a deposit * the government will give you a loan for up to 20% of the price “
how does this equal100%.


4 posted on 07/28/2013 3:39:00 PM PDT by RWGinger
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To: whitedog57

We were doing 125% LTV there for awhile back in the mid 2000’s. Big paydays.


5 posted on 07/28/2013 3:41:24 PM PDT by 2ndDivisionVet (I aim to raise a million plus for Gov. Palin. What'll you do?.)
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To: whitedog57

londonus ukfhfa homeownrateus mbapurchlt right back at you, spanky.


9 posted on 07/28/2013 4:22:17 PM PDT by humblegunner
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To: whitedog57

Sure, buy a house.

Or rather, buy three houses - one for yourself and two for the lender. In economics, this is called “interest”.


11 posted on 07/28/2013 4:58:20 PM PDT by LearsFool ("Thou shouldst not have been old, till thou hadst been wise.")
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