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Thu 05 May 2004Report shows builders seeking stage-paymentsPurchasers of new homes under stage-payment schemes are each being charged an average of €7,000 for the construction industry practice, a new report claims.The study, prepared for the Law Society by Dublin-based financial adviser Mr Des Peelo, found that stage payments are sought by builders on up to 25,000 new houses annually in various parts of the Republic - costing purchasers up to €175 million.