The 'We're saving for a deposit' thread

bopsybunny

In a very fast change of events - we found a perfect house which went on the market on Friday, viewed yesterday, put an offer in this morning, and have had it accepted! I'm over the moon :j less than our maximum budget too.

SweetCarolinee

bopsybunny wrote: »

In a very fast change of events - we found a perfect house which went on the market on Friday, viewed yesterday, put an offer in this morning, and have had it accepted! I'm over the moon :j less than our maximum budget too.

Yessss I’m exactly the same!! A property came up three weeks ago, went to view it a few days after being put on the market and put an offer in! All accepted and going forward with purchasing! Under our budget too... so happy not moving in till March time as the couple are waiting in their new build to be built... so more time to save a few extra pennies!

ohhellosailor

Me and the OH have just moved back in with my Mum. Hoping to stay a year to save the last £12K....anyone want to wage a bet on how long we'll end up being here? :rotfl:

bopsybunny

SweetCarolinee wrote: »

Yessss I’m exactly the same!! A property came up three weeks ago, went to view it a few days after being put on the market and put an offer in! All accepted and going forward with purchasing! Under our budget too... so happy not moving in till March time as the couple are waiting in their new build to be built... so more time to save a few extra pennies!

Yay, congrats! We don't know yet when we will be able to move in. Seller's have had an offer accepted on a property which is vacant, so we only have a small chain. Estate agent told us they want to move fast, which we are more than happy to do. We are on a monthly rolling contract in our rental so no problems there. However, 6 weeks takes us to Christmas, so I bet it will be early to mid January. It's so exciting though!

tara747

Congrats to the house buyers! That's great news

bopsybunny

Pay day update:

Saved a slightly lower than usual £663 this month. Taking our total to £19.5k, plus additional £2k in Help to Buy ISA bonuses.

We paid for a HomeBuyers Report (survey) and paid our solicitor upfront for local authority searches etc. in the month, rather than paying for them out of savings.

Gonna pay an extra £200 each into our ISAs on 1st December to get the most out of our bonuses before we exchange contracts and close accounts (extra £100 bonus, wahoo!). We've decided to still stick with a deposit of 10%, plus bonuses, so we've got savings left over to pay our solicitor's fees and pay for things like moving van/odd decorating jobs/curtains etc. for the new house when we move in. We might be in by mid-December, almost certainly before Christmas!

Makes all the years of working our butts off and saving really hard totally worth it. Our own home

diggingdude

This month's update is coming in from Sunny southern Spain where I am spending far too much money not looking to pay more than £150000 on a house so have got my deposit and legal fees with some LISA bonus still to come. Can access my LISA from 1st March so guess I can start viewing properly after Christmas?

Last month's total £15971

Current Savings

Lloyds Regular 2.5% - £2000
Halifax Regular 2.5% - £2000
Virgin Regular 2.24% - £2000
LISA Account 1% - £10333
Ford Money 1.21% - £650 (legal fees)
Target - £20000 April 2019 Total so far £16983

excelwizard

Hello all - that's great news diggingdude! Not long before it all gets very real

I keep have to pretending to myself that we're going to start looking for properties by a certain date (I'm pretending it's August 2019 at the moment as that's when our rental tenancy renews) so that whenever the date does roll around I'll be ready :rotfl:

tara747

November payday update!

I only saved £395 in November (one big expenditure item), so my year to date total is £11,292 (still on track) and my overall total is £133,025.

bopsybunny

Just a lil update - we complete our purchase this Friday :j

Good luck to all the prospective home buyers! Hope your purchases go as smoothly as mine has been.

Happy Christmas!