Here are four ways you can put money aside to save enough for a deposit on your first home.
To play this video you need to enable JavaScript in your browser
This video can not be played
How much is in your savings account
Published58 minutes ago
If buying your own home is the finishing line, then saving up the money to get there is a marathon
The “Your First Home” scheme, announced on Saturday, aims to help first-time buyers in England get on the housing ladder with a small deposit
Currently a 5% deposit on the current average UK house price of £272,000 plus moving costs and legal fees – will set you back about £16,850, according to financial information service Moneyfacts
That’s daunting, but here are four ways that experts say you can at least make a start on saving for a deposit
1. Make saving like a bill
div
Source: BBC News English
