The 'We're saving for a deposit' thread

Jaymz

Just thought I post another update as I haven't for a while.

Got paid yesterday and have managed to save a bit more towards my house deposit. I only have another £2500 left to save (4-5months worth of saving) before I have reached my target

The plan is to move out from home and rent when I have reached my target (November-ish), keep an eye on the housing market for a year and then when I am ready to jump in I will already have my deposit.

Also, a big well done to those of you reaching milestones

Dinah93

To find the percentage saved divide the amount you have saved by your target, then times by 100. For example for me it would be (3003/40,000)x100 = 7.51%

MrDT

We've got a viewing tomorrow.

Hadn't been planning on any more viewings for a good few months having recently moved to a new rental house, but this place could be too good to miss. It's in the perfect area as far as I'm concerned, and houses don't crop up too often round there - only ten sales in the street since 2001.

The house is set to go to auction unless sold prior. I'm wary of buying at auction, so if it's right for us we may put an offer in prior to auction. The house ticks all the right boxes (on paper at least), it's in the right area, and we have plenty deposit saved so the mortgage would be affordable, but the timing doesn't feel right.

We'll see how we feel after viewing tomorrow.

happytails

MrDT wrote: »

We've got a viewing tomorrow.

Hadn't been planning on any more viewings for a good few months having recently moved to a new rental house, but this place could be too good to miss. It's in the perfect area as far as I'm concerned, and houses don't crop up too often round there - only ten sales in the street since 2001.

The house is set to go to auction unless sold prior. I'm wary of buying at auction, so if it's right for us we may put an offer in prior to auction. The house ticks all the right boxes (on paper at least), it's in the right area, and we have plenty deposit saved so the mortgage would be affordable, but the timing doesn't feel right.

We'll see how we feel after viewing tomorrow.

Seems like it could be good, definitely not one to miss a viewing and if you get there and decide its not for you or the timing still isnt right atleast you are not left thinking 'could it have been?', 'what if' etc

[Deleted User]

happytails wrote: »

No savings done today but i havent excessively spent anything, which is better than a kick in the teeth

How do people get into the babysitting role? Is it money extra or as an actual job? I have a little girl so well experienced in this! Maybe i could earn a few quid here and there?

Sarah
£4985 to go! + fees

Hi happytails,
I'm a Nursery Nurse and I look after one of the kids from my work place after Nursery 3 nights a week for anything from an hour to 3 or 4 hours a night. I also work for an agency who only hires qualified childcarers as babysitters. For me its extra money and I can make an extra £100 - £200 a month which I split between my house fund, holiday fund and my car fund.

rictus123

Well done all the young savers staying at home and making a go at saving instead of getting into debt like most youngsters. Putting the hours in myself at the moment but still too early for me to be posting on here. Im 18 3 weeks on Monday, cant wait as i get a well deserved pay rise:D My trade means i get alot of homers aswel so get money from that. It is tiring and every free minute away from work seems to be with my gf which is very relaxing. We are taking a holiday this summer, when we come back il be steaming on with the saving for a deposit!

Pauper1

rictus123 wrote: »

Well done all the young savers staying at home and making a go at saving instead of getting into debt like most youngsters. Putting the hours in myself at the moment but still too early for me to be posting on here. Im 18 3 weeks on Monday, cant wait as i get a well deserved pay rise:D My trade means i get alot of homers aswel so get money from that. It is tiring and every free minute away from work seems to be with my gf which is very relaxing. We are taking a holiday this summer, when we come back il be steaming on with the saving for a deposit!

Rictus,
First of, what's a 'homer'?
Also, out of my own nosyness - where are you going on hols?
Good luck with your saving

happytails

Pauper1 wrote: »

Rictus,
First of, what's a 'homer'? i was wondering the same thing?
Also, out of my own nosyness - where are you going on hols?
Good luck with your saving

Wish id started saving at your age. Me and my OH rushed into getting a rented flat with no savings behind us then messed up when i got made redundant and now both living with my parents saving up properly for our mortgage now we've 'grown up' lol - seems like you've grown up faster than me - how i wish id saved when i was your age - im 20 now and keep thinking id have £15,000 now if id have saved :rolleyes:
Oh well, lesson learned. :rotfl:

Had a No spent day yesterday and im returning a pair of shorts to Matalan so thats £10 refunded which will go in my savers 5025 oh yes!
Sarah x

focus888

Dinah93 wrote: »

To find the percentage saved divide the amount you have saved by your target, then times by 100. For example for me it would be (3003/40,000)x100 = 7.51%

thanks great way of calculating it and easy :T

happytails

Woot! Just got £10.00 back that id forgotten about! It was a deposit for a baby massage course which ended today so i got my £10 back - straight into the house deposit fund!!!!