The 'We're saving for a deposit' thread

debrag

Were we'll be looking (Worthing) its just over £100k for a 2 bed flat, houses are £150k +. I think I need to be on band 3 (HCA) at least when we move down. Even then on only my wage I'd get a little mortgage

loveGSDs

WOO HOO - PAYDAY :j

Somehow managed to put away £1000, OH managed, £500 - takes us up to 70%

got the extra ££ due to no council tax to look forward to over the next two months as well

well done Househunter!! cant wait til its me. im also addicted to rightmove , must stop looking! (who am i kidding, thats never gonna happen)

K xx

J_i_m

Not a happy pay day update for me I'm afraid. Overspent a bit in January and then had the car insurance to sort out as well which I elected to pay in full to save the pennies on monthly interest.

Cut a long story short, I actually lost £30 overall on my savings this month.

Still! At least car insurance is out of the way for another 12 months and only about 3 months to go on the car fianance loan, plus the irritating closing fee of £80. Once that is done and dusted I should be able to save between £500-700 per month quite routinely. If only the damed PPI business would hurry up it'd be even better.

Odette

Sorry to hear that Jim. I feel the same. At least February is a short month.

mrcashman

Just added £200 to my ISA so that makes my house deposit total £13,450 now. Getting there slowly.

I know the next few months are going to be really tough, car insurance, four new tyres, and a cut in hours from one of my part time jobs but I will get there in the end!

Joyce_M

Payday finally for me too. We've managed to put away another £800 today, not sure if we'll keep it up tho. It's kinda depressing, we rarely even left the flat in January, wish I wasn't so addicted to spending money all of the time.

Keep trying to imagine me losing a brick of our new home every time I'm tempted to pop into starbucks or buy something nice for myself

We're also trying to use up everything in the cupboards which makes for some interesting cuisine

Sorry so many folks are having a rotten time saving, the start of the year is always rubbish for savers.

Jaymz

Monthly update from me, managed to add £1110 to the deposit fund today. I've had a very frugal month but also had some interest earned on some savings and a little overtime so added that to this months total. Next month I will only be able to save about half that as I've got some big bills coming up.

I'm aiming to reach my target by the end of the summer but knowing my luck it will probably take a lot longer!

vl2588

Managed to save a bit extra than my target this month and crept up another 2% towards my target

My mum keeps sending me mortgage calculators etc but I am trying to hold off as I have at least a year to go really!

quintwins

hubby got a little bonus at work for working late last night, i transfered £84 to our savings bring us to just over £2250 have another £50 going in on monday, i'm still feeling very his heartened but thankfully i hate wasting money so i'm still saving, i'll maybe perk up when i hit the £3k mark (hopefully the end of feb) that will be more savings than we've ever had

purplevamp

Just been on Rightmove and the house I really wanted has been sold (stc) . Probably just as well as we're nowhere near getting enough deposit for it, 4-bed @ £275K :eek: