Deposit. How much should you really save?

There is no magic number or amount. It really depends on how much you want to borrow. 

Generally, most banks want 3% to 5% ‘genuine savings’ – that’s regular savings in your bank account for at least three months.

Aiming for a 20% deposit is always a great place to start. If you're unsure or want to chat about your options, get in touch. 

We'd love to help you buy your first home sooner! 🏠