Saving for my very own place...

savingwannabe

OMG. That's very mature of you. Make sure that you do go out sometimes but you are doing exactly the right thing to save money. Well done Blue Mango.

nyc_451

I have transferred my family emergency fund (£1000) from european account to my UK account. I know it's selfish of me but it's my money and they didn't know about it anyway I have also requested for my Zopa loans (£500) to be sold so I can withdraw the money. Just in case I need the funds at s short notice.

Currently have £11,500 in my ISA and £4,845 in HTB ISA.

Viewing another flat this weekend. I can feel how impatient I'm getting... I hope I will not commit to buying a place I'm not sure about just for the sake of moving out!

savingwannabe

Excellent work. Take a friend with you when you are viewing and take photos of the house so you see everything.

nyc_451

savingwannabe wrote: »

Excellent work. Take a friend with you when you are viewing and take photos of the house so you see everything.

Only one friend knows about it and he is working, so will have to rely upon myself...
I told another friend about my plans of 'renting' a flat in another town, I don't want too many people to know about my savings. People get jealous, even though they don't show it.

savingwannabe

Smart girl.

NineDeuce

You shouldnt have to save what to some people is a year's salary just to own your home.

People should be allowed 100% mortgages with housing benefit being used to back up first time buyers/single home owners.

The housing market is where the real disparity between poor and rich lies nothing will change until politicians really do something radical.

Spendless

NineDeuce wrote: »

You shouldnt have to save what to some people is a year's salary just to own your home.

People should be allowed 100% mortgages with housing benefit being used to back up first time buyers/single home owners.

The housing market is where the real disparity between poor and rich lies nothing will change until politicians really do something radical.

They used to do 100% mortgages, however it didn't end well....

Housing benefit is for the rental market.

House prices are far too high, I agree. We were fortunate enough to buy before a boom, but the leap to the next step is far too big, so we stay in a house that we probably outgrew a few years back As what I perceive to be the next step, a 4 bed detached from a 3 bed semi staying in the same area, due to education, transport and family/friend links would cost a further £100K.

Nictom80_2

Well done on your savings. I am saving too (and have been for a while) Need a much bigger deposit to afford even the most basic of places and have to move out of the area which I didn't want to do but needs must!

I am pretty boring these days (with 3 jobs) but I do allow myself the occassional social outing! Lol.

Hope our dedication and hard work pays off!

nyc_451

A little update.

The last flat I have viewed was perfect for my needs so I made an offer and am currently going through a mortgage application. Fingers crossed!!

It would have been wiser to wait a year and save up more...but...I really liked the place and thought, I may as well have an extra year of privacy...

savingwannabe

Hurrah. Hurrah. ~Fingers crossed.