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My FTB deposit was funded by...
zas31
Posts: 53 Forumite
My 15%+ FTB deposit was funded by
bank of mom and dad
frugal savings
what savings?
bonuses I deserved
bonuses I did not deserve
bank of mom and dad
frugal savings
what savings?
bonuses I deserved
bonuses I did not deserve
My 15%+ FTB deposit was funded by 24 votes
bank of mom and dad
20%
5 votes
frugal savings
66%
16 votes
what savings?
4%
1 vote
bonuses I deserved
4%
1 vote
bonuses I did not deserve
4%
1 vote
0
Comments
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I saved mine but then it was the pricely sum of £6200 so not a huge amountMF aim 10th December 2020 :j:eek:MFW 2012 no86 OP 0/2000
0 -
you missed one... inheritance.Kavanne
Nuns! Nuns! Reverse!
'I do my job, do you do yours?'0 -
We're in our late 20s and have been saving carefully for about 8 years. We have lived well, but without unecessary (imo) luxuries.
That's given us 15% of the house we wanted (completed on Friday)
On top of that, I got some early inheritance from my mother & my OH got gifted the remainder his "university fund" that his parents had sent up for him at birth (uni turned out cheaper than expected) .... so we upped the deposit to qualify for better mortgage offers ...0 -
My partner and I saved 20% by very hard work and saving like our lives depended on it. Feels good now that the house is going through OK *touchwood*
Rog0 -
We spent two years saving, resulted in £26k total for our house purchase, £19k for the deposit, the rest for furniture, decorating etc. We had nothing, as were living with my partners parents, so quickly burnt our way through the extra we had to buy the usual bits and bobs.0
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I have saved £30k and plan to carry on saving until I find somewhere. Ideally I want to hit 25% LTV but currently just under 20% (purchase price of 170k).
All funded entirely by me, without help from my parents. I'm currently saving about £1200 per month.0
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