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The First Homes application for xxx has been
approved, and the Authority to Proceed is issued for the purchase
of xxx Nursery Fields, xx Daffodil Avenue, Bognor Regis under the
First Homes scheme. The purchase price has been set at
£250,000 after a 38.25% discount on the market value of
£404,858, with a deposit of £12,500, and the remainder
covered by a mortgage from Halifax Bank for
£175,000.