FOOT ON THE LADDER.
Updated: Aug 7, 2019
A staggering 10% of first time buyers regret buying their first home.
"We struggled to save up enough deposit, so we moved in with my parents for six months."
First-time buyer regrets
It's been found that prospective first-time buyers are suffering from stress, anxiety, and depression because of the sacrifices they're making to buy their first home. We'd like to give tips take the heat off even if your not eligible for a Home Deposit Grant
The ladder of regret
Of the 750 prospective new homeowners we surveyed: 40% had to move in with their family 1 in 7 moved to a higher crime area. Over 25% moved further away from work. 10% had to move to a higher flood risk area. Four Young Families spoke to Lorna, a prospective first-time buyer from Gloucestershire, about the sacrifices she made to save for her first home: She would have qualified but didn
"We struggled to save up enough deposit, so we moved in with my parents for six months. This caused us much stress, but I felt it was worth the sacrifice because I wanted to live close to my family."
Source: Lorna, 35 from Gloucestershire
If you are struggling to save enough for a house deposit there are lots of ways you could boost your savings. Here's how to get some help saving for your house deposit
Buying without regret
Here are some things you can do to help buy your first home, without making sacrifices that may make you miserable.
Helping Young Families home buying tips