Moving back with the parents to save up for a deposit

There is really no way around it, if you are planning to buy a home you will need to have enough for a 10% deposit.

The way things go, you will need to save at least 20k to 30k before you can dream of getting a place you can call your own.

Now the tricky part, unless you have a good “parents bank” to back you up, this sum may take years and years to put together.

In the meantime, you need to live somewhere and as we all know, rents can be quite hefty. Continue reading Moving back with the parents to save up for a deposit