The 'We're saving for a deposit' thread

pavlovs_dog

OH spotted a bargain on a toolbox this weekend so he's now feeling very much like the man about the house :rotfl:

I'm really excited to think that this could finally be our year :j

piggeh

Was looking for this thread...

Trying to save £10,000 by December to fund a flat purchase at the start of next year OR to !!!!!! off to another country! Will have to add to my sig - currently on £3,000

ManPants

Hello!

Bit of an exciting evening for me as I've just crossed the £10,000 landmark!! Only another £20,000 to go to hit my target!!

Also just set up a quidco account and already got £4.74 on that which is exciting me as well!! Small things etc!!:rotfl:


Stupotstu

leveller2911

Nice to see up beat postings.

We have been renting for 15yrs and hopefully will have enough of a deposit around spring 2010.

Our breakdown is : £10k in a Nationwide bond (6.49% gross matures in March, haven't got a clue what to do with it then)

£12k in ISA,S

£3k in crap accounts

£10k (antiques -not cash though, but values seem to be stable)

Total around £35k .....

When we buy we want to have 12 month mortgage money as a back-up..

GOOD LUCK ALL:rotfl: :beer:

pavlovs_dog

ive just had my next student loan installment through so my house deposit fund has now officially reached £20k! :j :j :j

t1gger

We have doubled our efforts on deposit saving this month and now we're up to 8% deposit for our house. Woohoo!

mdhughes03

Quite sad, I am waiting eagerly for payday to be able to put some more money into our ISAs and update my signature lol!!
Really gonna have to make a huge effort between now and he end of the tax year-due to the ISA allowances and the fact that this is the most likely time we will have overtime this year so need to exploit that! Feels like such a long road at the moment, especially when I've already seen a house I love on t'internet...no disrespect to the seller but I'm hoping it's still there this time next year

Ivana_B_Rich

I had £100 left this month and have finally been paid £400 of overtime I've been waiting for. Deposit should hit 30k this month :j

Fingers crossed for no unplanned expenditure :rolleyes:

purplevamp

mdhughes03 wrote: »

Quite sad, I am waiting eagerly for payday to be able to put some more money into our ISAs and update my signature lol!!
Really gonna have to make a huge effort between now and he end of the tax year-due to the ISA allowances and the fact that this is the most likely time we will have overtime this year so need to exploit that! Feels like such a long road at the moment, especially when I've already seen a house I love on t'internet...no disrespect to the seller but I'm hoping it's still there this time next year

I must be sad too!! This month I swept my surplus money into my esaver, which has a slightly better rate than my ISA, but then on payday (yesterday, a day early:j ) I put 25% of my wages into my ISA. I know what you mean about seeing a house on the net. I do this constantly and keep wishing that I had enough to buy it. But a we're living on just my p/t wages and WTC for the next 2 years or so that doesn't look likely :sad: .

We have nearly 8% towards our deposit. I've broken it into goals as it seems less daunting that way.

mouthscradle

mdhughes03 wrote: »

Quite sad, I am waiting eagerly for payday to be able to put some more money into our ISAs and update my signature lol!!
Really gonna have to make a huge effort between now and he end of the tax year-due to the ISA allowances and the fact that this is the most likely time we will have overtime this year so need to exploit that! Feels like such a long road at the moment, especially when I've already seen a house I love on t'internet...no disrespect to the seller but I'm hoping it's still there this time next year

Sorry if I seem nosey, but what area of Sheffield are you looking to buy in? We're saving for a deposit too although probably won't be buying until late 2010 kind of time. We're from Sheffield also

I originally set a target of £10k to save up, but I think I'm going to increase that to £15k (so then we'll have £30k between us) as I want to include purchasing costs in my target. And I quite like that idea of having 6 or 12 months mortgage saved up as a backup