The 'We're saving for a deposit' thread

beckythemadcow

I am also running an old car and am not expecting it to last to the next MOT. When he floats up to car heaven:A, I'm going to have to take the money out of the deposit fund.

That will be upsetting, but as I don't have a set date by when I want to buy my house (and I have saved more than expected this year) I didn't feel the need to open another savings account.

I also have car insurance due next month, so we wont be saving anything from our pay packets just yet.

rictus123

I am running an old 'performance' car...mot is in Feb. Im hoping i can get a good few years from it. As its 4wd is perfect for winter. So hopefully this will allow me to concentrate fully on house deposit fund in 2012 and allow me to save a good £15,000 or so. My share of deposit should be £8,000 max so £7,000 enough for the rest for my share? Obviously i will be going for an emergency fund aswel....probably at least 3 months expenses. Looking at another 14 months on this thread then hopefully im into my own place...cant wait..

skinnyman9000

Thanks to a payrise back pay and over time i’ve managed to put a massive £2600 into my deposit fund this month!!!

Although with car tax, service, breakdown cover, Christmas presents and the missus’ birthday present to go on the CC i can see next month’s savings being considerably less!

[Deleted User]

Hi everyone
I have not updated my status on here since 30th July :eek:

I have been to see about a mortgage - with 1st mortgage and my bank (BOS) I was very surprised to hear my bank are willing to give me a mortgage for £99,100 :eek: that is 5 times my salary BUT including my WeightWatchers money each month would bump it up to £117,400 :eek:
I will not be doing the latter as the amount vaires each month and as much as I intend to carry on with as a WW leader for a long time to come I want to have some money as back up and for overpaying a mortgage as well.

My current total is in my signature and I am working extra hard now to save every spare penny I can as I am getting desperate for a place of my own, I will have a place of my own by next summer at the latest.

P
X

System

I think I will join this thread. I'm going to uni next year, 21, living with parents but feel they want me out sooner rather than later. I have £13,500 saved and my aim is £30-50K before I move out. Annual target £6-10K.

tara747

Wow, well done all, keep it up!!!!!!!!!!

I underestimated my savings t'other day, forgot that I had £260 in cash in the house (long story). So my actual total for October is £1,256 and my new savings total is £52,443.

Off to update my sig (again!).

loveGSDs

a bit late with this as payday was yesterday, but.....

managed £450 for personal savings n £350 in joint

getting there, slowly :rotfl:

RonniesMummy

Can i join please?
Desperate to start saving for a deposit - but such a scary task i think it needs to be done in stages.
Me and the OH have tea in the oven and were planning to sit down and work through the finances... to see where we can save..
anyone have any tips to keep us focused ?
x

RonniesMummy

berbastrike wrote: »

I think I will join this thread. I'm going to uni next year, 21, living with parents but feel they want me out sooner rather than later. I have £13,500 saved and my aim is £30-50K before I move out. Annual target £6-10K.

Blimey thats so good,
I am 22, and managed to save alot but i became ill and couldnt work for 2 years and my savings slowly dwindled away because i was depressed and didnt realise where my money was going,
So i need to start from scratch!!
I need some of whatever your doing!!! x

HouseHunter2010

Monthly signature update from me So close now!!! If only there were some decent places on the market!