Savings

While it is still possible to buy without a deposit, most property purchases require between 10 and 20% of personal deposit. This amount of money allows you to get a better rate on your loan and to lower your monthly payments. Tip 1: Put money into a savings account each month Whether it's £50 or £500 per month, you can save up to £1,000 every month.

It's decided, in 2017, you're going to start building up a down payment to buy a property. Remember, the bigger the deposit, the better the bank financing. From the piggy bank... Your grandmother would certainly tell you: "there are no small savings". So start looking at where you can save money.

Are you planning a property project in the future, in the medium or long term? Opt for a home savings plan. Intended for anyone whose objective is to buy a property, these savings aim to facilitate access to the priority by building up capital. The purpose of a home savings contract is to enable a future buyer to save for a home.

On 29 February 2016, the government presented at a press conference the elements of the tax reform, which is to come into force on 1 January 2017. For the housing component, several measures were presented: Facilitating access to housing To improve the ability to finance one's own home, taxpayers who do not have [...]