Get your finances in order

Part 5: Deposit Planner

Now you have a good idea of the deposit required, potential move costs it’s time to plan how you will save for that deposit. We also explore alternative ways to increase the amount you can afford including the governments help to buy schemes and alternative ways to buy property including getting help from friends and family.

It’s time to set a savings goal

If you are serious about buying a house, then now is the time to set yourself a realistic achievable savings goal.

By setting a goal that is achievable you will be more likely to

  • Start actually saving because you now have a clear goal
  • Stick to it because you have chosen an achievable amount rather than just giving up

Have a play with the calculator below. It shows that with a steady monthly saving amount you could reach your target sooner than you might think.

Further down we look at alternative ideas for increasing your deposit.

Learn more alternative ways to save more and get help to buy a property

Discover the governments Help To Buy Schemes

In partnership with

If you are struggling to save a deposit all it not lost. The government have several schemes which are there to help you get on the property ladder.

What are my next steps?

Check your outgoings and existing debts

Up Next: It’s time to look at your spending habits. This will help you decide on the the correct mortgage amount as well as identify opportunities to reach your savings goal.

Also, it’s time to review your existing debts as these could potentially reduce the amount lenders will let you borrow.

Need more help? Search for your perfect mortgage adviser

Talk to a friendly mortgage adviser to save time and hassle and get clear and the best next steps for you. They can help you work out your finances. When you are ready they will find you the best deal for you and make your mortgage application easy. And better still our advisers can also help you put together the right team to ensure your sale goes smoothly. Answering all your questions every step of the way.

Learn more and discover advisers in your area today

  • Get a proper check on what you can afford
  • Find out what deals you qualify for
  • Save time with the application
  • Get help dealing with estate agents and conveyancers
  • Have a dedicated adviser to answer your questions at every stage

Avoid the most common first-time buyer mistakes

Learn about the top first-time buyer mistakes and the best ways to avoid them with our FREE ebook

If you are thinking of buying a house in the next 12 months then you need to make sure you get this. It's packed with examples of the most common mistakes.

  • Covers every stage from planning your finances to the sales process
  • Easy to read
  • Packed with tips to help you avoid the most common mistakes
  • Receive on going tips to your inbox

The legal part. Move Engine is a business set up to help buyers through online help such as the article above. Whilst every effort is made to ensure the accuracy of our tools and articles you should always seek your own personal advice for your specific circumstances from an FCA approved advisor or lender. Move Engine can not accept responsibility for your actions as a result of the generic information supplied on our site and tools. If you notice a problem with any of the tools or information provided then please report it to hello @

Remember: Nothing is impossible. Sometimes all you need is a plan.