The 'We're saving for a deposit' thread

Carrie85

hey everyone, added another £600 to my total. Now im getting pretty close to my target of £5000 by new year.

My laptop is pretty broken though so may have to fork out for a new one and looks likely that i'll need to rent somewhere new because the job looks set to continue. Which is all good just need to spend quite a bit of money soon so it may dent my savings, will keep at it though.

Hope everyone else is doing well.

purplevamp

Just a little update to pop my head in the door

I emptied my change jar this week and had just over £198 :j. Managed to bank £180 of it and the rest is waiting to be made up into full bags.

I've been doing quite well on amazon and ebay these last few weeks, but I'll be stopping that for my annual "christmas break" (I don't sell things between mid Dec and Feb as most people have hardly any money left after Christmas :rolleyes:)

Well that's it for now, slow and steady!

shrewsaver

An update on my position at the moment, in my "homesave" account I have about £540 after this months payday, but in total savings have about £13,500 in different accounts which I will look at moving around in the next few months if move the majority into the homesaver account after maximising my ISA allowance.

shrewsaver

An update on my signature below.

Also further to below, here is an update of how my savings are:
Easy Access - £3,474.58
ISA's - £6,199.04
Fixed Rate Bonds - £4,621.61

TOTAL = £14,295.23

clearing_out_my_pockets

Things are moving quickly here...

- 09/11/09 We decided to start looking properly at moving out
- 14/11/09 We saw a mortgage advisor at Nationwide
- 15/11/09 (AM) First viewing
- 16/11/09 (PM) Second viewing (same house)
- 17/11/09 (AM) Offer put to estate agent
- 17/11/09 (PM) Estate agent said "his gut feel is that they need more"
- 17/11/09 (PM) Estate agent says that vendors will accept if we complete before christmas
- 18/11/09 (PM) Mortgage advisor calls at 8.30pm and we run through timescales
- 19/11/09 (AM) Three hour long mortgage application interview. Passed credit score and affordability. Two more calls from MA during the day (efficient!)
- 20/11/09 (AM) Mortgage application finalised and posted
- 20/11/09 Instructed a conveyancer
- 24/11/09 Valuation day...

Watch this space!

Louba

Wow Clearing_out_my_pockets you do move quick! Bets of luck! We've changes tack a bit, we found out we can release money from OH's buy-tol-et flat - its under 50% loan to value so we thought we might take advantage of this and try to get something over the winter when the market is quiet.......unfotunately so far the things we like which are within range seem to have quite big draw backs ...one had a massive electricity pylon in the back garden!

rosspwilliams

Just checked my account and now up to £3559 with girlfriend due to put her £550 in tomorrow. Still a long way to go unfortunately, but it's a start.

clearing_out_my_pockets

Woo Hoo! Mortgage underwriters have agreed to the mortgage! Our solicitor has received draft contracts from the sellers' solicitors. And to think that two weeks ago, none of this had really started!

Vixstar

Wow fast work clearing_out when I'm finally able to move I imagine I'll have to move fairly quickly so your post gives me hope.

Hit my target of £10000 savings a month early which is great. Don't know if to set myself another target or just keep on going with the general aim of get as much as possible.

clearing_out_my_pockets

Vixstar wrote: »

Wow fast work clearing_out when I'm finally able to move I imagine I'll have to move fairly quickly so your post gives me hope.

Hit my target of £10000 savings a month early which is great. Don't know if to set myself another target or just keep on going with the general aim of get as much as possible.

When I set my mind to do something, I steam ahead and do it. We're even paying a slight premium to rush the conveyancing through. The mortgage offer we've got comes with free conveyancing, but we've not taken it. The solicitors that Nationwide use are often in the North of the country whereas we're south east. We'd rather have the comfort of being able to go in in person to sort out any problems / sign paperwork immediately rather than relying on post.

The rush isn't actually due to stamp duty (although we would benefit if it's done before christmas). Our vendors are buying a repossession so THEY need a quick sale. Our mortgage advisor has been fantastic right from the word go.