Fast Track Mortgage Deposit in Less Than A Year

Mortgage Goal

So we never really had a decisive time-frame on when we wanted to move exactly, however when we returned home from travelling around Europe for 6 weeks, the following day, our car was vandalised. This was the straw that broke the camels back as they say! Time for Operation: £0 to Mortgage Deposit In Less Than A Year! How I don’t know, but it’ll be done!

We have literally no idea how we are going to pull this one out the bag, but we know with determination and the drive we can achieve this within 12 months from this post. I don’t know how you can go from £0 to getting a Mortgage for a dream home but what I do know, is that when you have a strong drive behind you, I believe you can achieve anything! We have set ourselves a target of saving approxamitely £20,000 ~ £30,000 which will be used as a house deposit for our Mortgage when the time comes around (within 12 months *fingers crossed*). We are quite fortunate living up north in the UK that we have the lowest property prices in England. I couldn’t even begin to imagine what it’d be like living in the Capital and trying to buy houses.

We’ve been searching around for the best advice to assist us with the mortgage process so have been looking into clearing up any short term debt. The aim is to have this cleared within the next month. From here on in, it’ll be a case of earning plenty of pennies online to achieve our goal! We are actively searching out any other advice from professionals online that can help us with the mortgage process.

The target is to earn and save between £1,6000 – £2,500 a month, to fall in line with our 20-30k 12month aim. Ideally, the more we save each month, the faster we can move in theory.

The goal line has been set, can we make it who knows!? Be sure to keep an eye over the coming 12 months, as I’ll be doing monthly roundups of how we are progressing as-well as any methods we have found to earn money online from home.

Do you have any suggestions for making £30,000 online over the next 12 months? Let me know in the comments section below

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  • I have no idea but this is a great idea – good luck with it!

  • fashion-mommy

    I have absolutely no idea, I am so useless at saving, I spend and splurge!

  • Such a good goal! If you don’t already have one, apply for a help to buy ISA – I have one, it’s great, and the government give you an extra 25% on what you save (up to a certain amount)!

    Erin xx
    islandbell.co.uk

  • Kelly

    Oh good luck. Its a really great feeling to walk into your home and think “this is mine/ours”.

    • We already own a house, however 5-6 years on from when we bought it, its not practical and a lot has changed in our lives, we now need a forever home

  • Wow that’s very ambitious, good luck doing that! It took me about 4 years to save £20,000 for my mortgage deposit x

    • Oh, I hope it’s something that I can somehow achieve online. Time will tell I suppose

  • Oh wow now that is a target – what a great target – best of luck for achieving it! x

  • Very ambitious of you! Best of luck for you to reach your goal!

  • That is a difficult target but I am confident you can make it hun! Good luck hope you are able to get your mortgage deposit x

    • The idea being aim high at £30,000 which will drive me faster to achieve it

  • Wow, that’s a lot of money to save in a year! Good luck, I’d love to hear how you get on and how you’re planning to achieve it!

    Jess xo | The Indigo Hours

  • I hope the savings go well! I think as long as you’re keeping a close eye on your accounts it’s possible.

  • So sorry to hear your car was vandalised! Definitely time to move, for sure. Good luck with the money saving! I have no tips, I’m afraid.

    • It was totally just the end of the line for us, but its spurred us on to buck our ideas up fast

  • that’s a serious amount to save in a year time, im sure there are (legal) ways to make that amount of money online , but trying to develop a new business are make it produce that doesn’t make things esier

  • Beautyqueenuk

    Wow good luck with your savings, that is an amazing challenge to do and I hope you do it x

  • Hungry_Healthy_Happy

    Good luck with the savings! Blogging is always a great way to make money online 😉

  • Harriet @ Toby&Roo

    Check out From Aldi to Harrods, she has some amazing tips for saving moola. You definitely live in the right place, I have always hated living up here and would kill to move down south but I’m sad to say the quality of property and, and ultimately due to that with three kids, life up here is so much better!

    • Thanks Harriet, will take a look! Yeh, if I was living in London i’d have no chance of getting another house aha

  • Hannah Heartss ❄️⛄️

    Good luck with your savings! I am terrible at saving in general xx

  • Jessica

    That’s quite a challenging goal but I know you can make it. Keep it as your drive! 🙂

  • Melanie Edjourian

    Good luck, I hope you can get enough money together in your target time x

  • Laura

    Me and my hubby are doing the same thing; saving our deposit in a year. Good luck xxx

    • Thanks, good luck to you and your other half as-well Laura. Are you blogging about it at all? It’d be interesting to read each others journeys x

  • Jenni Grainger

    Good luck, I really hope you manage it x

  • I hope the saving goes well. Good luck!

  • Tanya Brannan

    Wow! What a target to try and reach. When you want something badly enough, it’s amazing what you can achieve! Good Luck

  • Good luck with this goal and hope you achieve it, I want to do the same next year

  • beautykinguk

    I am wishing you well with your savings, that is an impressive amount of money to save!

  • Good luck, it can be done. I follow the lovewanderers (I think that’s what they are called?) and they saved up as much as they could in a year to travel the world.
    Think of everything you don’t need, the newspaper, the gym, the extra pair of trainers and save every penny that you don’t need for bills and essential food and it could be done.
    Good luck. Sorry to hear about your car!