The 'We're saving for a deposit' thread

kitschy

Hello

I would like to join in please

I'm not strictly a FTB as I had a couple of places with my ex but would like to seriously start saving for my first place on my own. I promise to sit down and work out my finances at the weekend as I've had my head in the sand for a long time. I have some savings but also an overdraft :eek: and will look at the best options for optimising the savings and paying that off as I have more than enough to do that. Does it sound strange that I ignore that and prefer to look nicely at the savings balance? :rotfl:

JimLad - don't worry - I've been on a few dates in the last year where I've thought they were very nice chaps only for them not to call! :rolleyes::rotfl:Finally decided I'll have to do it all on my tod and if a tall, dark chap comes along in the meantime, so be it!

Inspired by all of your brilliant saving, and hoping to do half as well

hostie1985

:jwelcome to the thread!:j

good luck with the savings everyone! :beer:

i just can not wait to get paid, so i can update my sig! only 3 days left to go! (sig gets updated from whatever is left over in the bank before i get paid).

hostie x

ZoeGirl_3

I have been saving for 2 years at the end of this year and goal for them is $50,000.

Trouble is, have no idea what market is doing here, and how long I am going to be around this area also, so find the buying thing a wee bit confusing sometimes!!

Figure I might as well save for another year, next year, and aim for a $75,000 deposit and maybe $5000 to cover associated costs too.

kitschy

Right, got paid today, so have paid off the overdraft from my savings. :j

Next step - go into building society at lunchtime to get a replacement passbook for my ISA and will fill this up too as my savings account has a much lower rate. I'll then start researching a better savings account to use for the rest of the tax year.:T

pawpurrs

Well done folks its scary how much one has to save for a deposit now. Your all doing brilliantly.

hostie1985

It just seems to be never ending! will get there eventually. its taken me 8 months to save just over 10k, probaly about another year still to go yet.....

pawpurrs

Hopefully for all of you prices will continue to come down to a more sensible level, when I bought my first house it was 88k and I had a ten grand deposit, and that seemed like a lot of money, it was only ten years ago, it just seems crazy now. We struggled to get our first mortgage.

tara747

jak - my goal is to get to £30k by the end of 2009 and £40k by the end of 2010! I am on track so far.

OH has saved a good bit less than me and we are trying to discuss the thorny issue of how that would work if/when we buy a house together! Any suggestions?

^!£$&

My goal is 20k and then 3k for fees, etc...

[Deleted User]

Its Payday!!!:j

That means another £400 automatically in my monthly saver and now officially over the 10% savings target :j
Added another £17 which is half of the money I got for selling my old mobile phone and will add a little more tonight when I come in from babysitting.

Everyone is doing really well, keep up the good work