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Even though home loans are extremely popular in London, some homebuyers steer clear of banks to pay their dream houses. Why? Banks typically require their clients to give their stock portfolio to a different lender for three to ten years, receiving 80% of their profit beforehand as the loan company assumes charge of the stocks. After 30-10 years of paying 3%-5% interest, the home owner can get their shares back when the total amount they given pays off. This may seem disappointing, but, if you wish to buy a house or perhaps luxury homes in London yet uncertain if you're able to pay, don't be concerned. Banks aren't your last choice to buy a house. There are offer approaches to make your home ownership less expensive in England:

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