The 'We're saving for a deposit' thread

[Deleted User]

nightsky224 wrote: »

I have just found this thread and wanted to say good luck to everyone. We have been saving to buy a house for about 3 years and have finally got to the point where we have a 15% deposit, in fact with the house we have just found and hopefully going to put an offer in after we have seen the house for the 3rd time this weekend (and made sure in theory the attic is big enough to convert) we should have 20% deposit as it’s a bit below our budget. It took a long time and in theory we should prob save for longer to get a bigger house but we got engaged a few months ago and I think we are both ready to get on without lives. With a smaller house we will have more money to save for the wedding and reduce the risk when interest rates increase etc. We can over pay on the mortgage too.

Any way its just to say you get there eventually, for some it may take longer than others but hopefully it will be worth it in the end.

It's great to hear some good news stories from people who have actually achieved their deposit goals - well done.

Congrats on your engagement too.

D9

samtoby

I agree nice to see people have reached their goal spurs me on x

lou_mango

Hi All

A little update from me as its pay day. Was hoping to put £1000 in to my savings a month now but only managed £650 as I had so much to pay for - new car battery/new passport/fees to set up limited company.
Bit down about it but will try and do the £10 per day challenge and hopefully put more away next month

Happy saving all x

redbull5

Still no update as dont get paid until end of january. Keep going guys. Was in a mates house recently and it was just perfect. it totally spured me on to get my deposit into action.!

samtoby

January is such a hard month it seems to be going on and on and I get paid the day before the last day! Still over a week yet!

quintwins

i agree jan never goes well, i've been seriously over spending on xmas pressies ect but it will all even out in a month or 2, will be adding £50 on monday

Odette

I feel the same! I work shifts and the last four days at home off I barely left the house because I couldnt afford it. I get paid on the 31st too which is just mean! :mad:

Lewis1967

15% yeah, but better to wait for the bottom of the bear market in property.
Will not see bottom until interest rates correct to more normal levels and all the repossessions have been cleared out.

MandM90

Jan has been hard for us aswell. We've realised we can save more than we anticipated (our minds are so focused on saving we're finding it hard to even touch the money we budgeted for clothes, going out and meals out...we just want to own a home!) so we've done OK next month but we're hoping to do much better next month. Paydays can't come quickly enough!

samtoby

I have my Mums and partners birthday this month....tomorrow. Bank is very sad but payday come 31st and I can hopefully make the 9k point