The 'We're saving for a deposit' thread

gary83

well thought i'd join in too in an attempt to keep me motivated and to try and keep the savings up, so far am on budget to hit the target in another 18 months, hopefully i can stick to it

Vixstar

I think my savings have now reached £15000 which with the conservatively estimated equity in my flat gives me my hoped for deposit of £30000. I say hoped for as I have a bit of savings account transferring to do so I can see everything online and in one place.

Squish_21

gary83 wrote: »

well thought i'd join in too in an attempt to keep me motivated and to try and keep the savings up, so far am on budget to hit the target in another 18 months, hopefully i can stick to it

Welcome and good luck with the saving!:)

~moneysavingnovice~

I've got 38,000 for my new house

hostie1985

Well done moneysavingnovice!

Just a little update from me, I now have £18503,65 saved for a deposit - i'm still tempted to look at rightmove most days, just to have a look at whats around

Hostie

xx

Squish_21

hostie1985 wrote: »

Well done moneysavingnovice!

Just a little update from me, I now have £18503,65 saved for a deposit - i'm still tempted to look at rightmove most days, just to have a look at whats around

Hostie

xx

Are you putting off buying for the mo or has your target deposit amount increased?

hostie1985

Squish_21 wrote: »

Are you putting off buying for the mo or has your target deposit amount increased?

Hi Squish,

I'm putting off buying at the moment, as there is not much around. Think I might change my sig to £20,000. I also have about £2500 in a seperate account for fees etc.

bodmil

Hostie I too wondered what your plans were now you've got to your target. What's your estimated LTV %?

Moneysavingnovice doesn't seem like much of a novice! Well done, are you buying now or still saving?

hostie1985

bodmil wrote: »

Hostie I too wondered what your plans were now you've got to your target. What's your estimated LTV %?

Hi Bodmil - Think I might save to £20k and see what there is to buy. I'll be looking at a 15% to 20% deposit on a flat (as I am buying on my own) depends if I buy a 1 or 2 bed place.

~moneysavingnovice~

bodmil wrote: »

Hostie I too wondered what your plans were now you've got to your target. What's your estimated LTV %?

Moneysavingnovice doesn't seem like much of a novice! Well done, are you buying now or still saving?

There has been a lot of buying 'basics' food from Supermarkets, and not going out/going on holiday etc!

We're about to buy- we've had an offer accepted on a place, 75% LTV, so hopefully we'll exchange within the next month or so!