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Labour pledges to create one million more homeowners

One million more homeowners will be created if Labour wins a third term, Chancellor Gordon Brown will pledge today.
He will be joined by Deputy Prime Minister John Prescott to mark the handover of 100 disused NHS sites for development as 15,000 properties for first time buyers.

The Chancellor will say: 'We are proposing a further major extension of Britain's home-owning, asset-owning, property-owning democracy.'

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