How to Save for a House Deposit UK | On The Ladder Ep. 1 скачать в хорошем качестве

How to Save for a House Deposit UK | On The Ladder Ep. 1

Saving for a house deposit can feel impossible, but it doesn’t have to be! Hosted by Sarah Tucker, regular contributor on This Morning, BBC, and The Times, and founder of one of the UK’s most trusted mortgage brokerages: The  Mortgage  Mum. In Episode 1 of On The Ladder, mortgage expert Sarah Tucker, founder of The Mortgage Mum, explains what a deposit really is, how much is actually needed in today’s market, and the low‑deposit and no‑deposit mortgage options that could bring first-time buyers like you closer to homeownership than they think. Joined by, Gemma Bennett, our very own acting Senior Mortgage adviser to give that important detail through her lens! In this episode: What is a house deposit and how much do you actually need in the UK? Strategic ways to save (no skipping coffees required) Mortgage schemes for first‑time buyers: 5% deposit, shared ownership, guarantor products & more!! Realistic tips for building a deposit faster - even on a lower income 🎓 On The Ladder is a complete step‑by‑step series for first‑time buyers in the UK, bringing expert insights without the jargon. 🎥 Watch new episodes every month on Monday, at 10am 🔔 Subscribe to The Mortgage Mum to follow the full series 📌 Episode 1 is now live! Press play and take your first step On The Ladder. 🔗 Follow for more expert advice: Instagram: @the_mortgage_mum TikTok: @themortgagemum Website: www.themortgagemum.co.uk 📌 Glossary of Terms: • Deposit – The upfront cash you need to contribute toward a home purchase, often 5–10% of the property's value. • LTV (Loan to Value) – The percentage of the property value you borrow. E.g., 90% LTV = 10% deposit. • Mortgage – A loan you take out to buy property, repaid monthly over a set term. • Affordability – A lender's calculation of how much you can borrow based on income, debt, and expenses. • Gifted Deposit – A deposit given by a family member or friend to help you buy a home. 00:22 How to save for a deposit 1:00 What is a deposit 3:51 How much deposit do I need? 5:55 - Deposit schemes #firsttimebuyer #howtosaveforadepositUK #OnTheLadder #TheMortgageMum