What are the top 10 sacrifices prospective homeowners make to save a deposit?

Posted 24 February 2015 by Keith Osborne

Despite the relative success of Help to Buy, the prospect of owning a home remains a distant dream for today's 18-34 year olds. The biggest stumbling block is the need to raise a significant deposit to finance the purchase of a home, and a recent survey has highlighted some of the most common steps taken by prospective homebuyers to save the thousands of pounds required to get on to the ladder. Here's the top ten most common sacrifices...

Cutting down on socialising and seeing friends
 

Going without holidays
 


 

Avoiding eating out
 


 

Taking on another job or extra shifts at work
 


 

Cutting down on essentials
 


 

Giving up expensive hobbies
 


 

Walking instead of taking the car or public transport
 


 

Moving back in with parents
 


 

Selling possessions
 


 

Putting a wedding on hold 
 

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