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How to Save for a House Deposit in the UK: Top Tips

Buying a house in the UK is a major financial goal for many, but the path to owning your first home can feel overwhelming, especially when it comes to saving up for the deposit. A house deposit usually ranges from 5% to 20% of the property value, which can be a hefty sum. However, with some planning, discipline, and savvy financial strategies, reaching that target is possible. Here are some practical tips to help you save up for your house deposit in the UK.

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A Year in Review for Coppenwall Estate Agents Rossendale

Property Sales

During 2023 we’ve sold circa 118 properties in and around the Rossendale area. This is not quite as many as last year, but all round property sales have slumped a little due to the rise in mortgage interest rates this year.

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What’s Happening With the Housing Market – 2023 – Coppenwall Estate Agents

House prices aren’t crashing but normalising. In recent years we have seen a boom in property prices, for example a 2 bed terraced house will now cost around Â£150k

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Fully Managed Rental Package from Coppenwall Estate Agents Rossendale

The rental market in Rossendale is booming, and every month, we’re finding tenants new homes, with plenty of people still waiting!

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