‘I’m a money expert – 5 tips to save £2,615 towards house deposit with ‘little’ effort’ | Personal Finance | Finance
Saving for a house deposit can be a challenge, but one money expert has shared how prospective homeowners can add an impressive £2,615 to their deposit within a year with “minimal” effort, using five relatively easy tips.
As of July 2024, the average UK home costs £289,723, meaning first-time buyers need at least £14,400 for a 5% deposit or £28,900 for 10%.
With the cost of living still high and the average annual salary around £35,830 (or £689 weekly), prospective buyers need to be…