How first-time buyer squeezed extra £1,000 a month towards £20k deposit using a money diary

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First Time Buyers: If you have a 20,000 salary you could buy a home for 60,000! For example, just 45 minutes away from London by train is Peterborough. Prices in Peterborough for a home within walkable distance to the station start from just 80,000 including this one bed flat in a new development called fengate.

For example, moving from a flat to a terraced house in London now requires an extra £176,000 – nearly four times the additional £46,000 a buyer. save any money towards a deposit, while a quarter.

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Hope it’s ok to post here we are currently saving a deposit for our first house (me, hubby and 3 sons) I’ve managed to save just under 19,000 so far but house prices are so high down south and ideally we would like a 4 bed so not exactly starting off small! I want at least 30,000 in my.

First-time buyers seven times more likely to pick one over Help to Buy rival, says building society. It requires a minimum deposit of 1000.. You need to deposit 1,750 a month or 10,500.

Just up the road from me, I can get a 2 series grand tourer for 329 plus vat down and 329 per month woth 10k per year. On a PCP I was quoted for the same vehicle over 490 with 8k and a higher deposit. Yet a few miles the other way at Ford, they wanted more money for a bog standard S-Max. Loads to consider but have a good look around.

If you need this money in two to three years time for a deposit on a property or to pay. people taking out new investments, and from next month brokers will have to follow this rule for their new.

A squeeze on lending. 6 per cent gross on his money. He says: I tested it out first with a couple of hundred pounds. ‘But I have put more in over time and hope in a few years to have turned my.