12Credit: Solent NewsThe flat has a Juliette balcony but there is a communal roof terrace I can use when the weather gets hotter.
Without it, I don’t think I would have been able to borrow enough to purchase the flat, or I would have had to save for another few years to come up with a bigger deposit.The financial adviser was given a £1,000 voucher for Ikea to furnish his flatI also only needed a minimum 5 per cent deposit to qualify for the scheme, whereas as a singleI put down £8,700 for the deposit, which was equal to the value of five per cent of the whole flat.
I’d spend evenings and weekends studying for the exams, which really ate into my social life. I guess that helped me cut back on my spending though too.I qualified in February last year so by the time it came to getting a mortgage, my salary had increased to £28,000 a year. This meant I could borrow more.
I also didn’t go on holiday abroad at all while I saved and instead went on road trips in the UK to places like Cornwall or Wales.