Why will excess mortgage costs only be covered for the first 12 months?

A:

Homes for Lambeth cannot afford to subsidies your costs indefinitely; there therefore needs to be a time limit to this offer.  You will be living in a good quality new home, which should have lower energy, water and service charge costs (see Q&A on Living Costs), which will also help to offset any increased mortgage costs, if they were to arise.


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