First-time buyers, 32, spend 10 YEARS saving £40k deposit for one-bed flat in Hertfordshire

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First-time buyers, 32, spend 10 YEARS saving £40k deposit for one-bed flat in Hertfordshire
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'We spent 10 years saving for a £40,000 deposit to buy our first home'

Andrew Bourn, 31, and his partner Alex Clayton, 32, have always lived with their respective parents until they bought their £230,000 flat in Potters Bar10:03 am

It took the pair, who met four years ago, a decade to save up the £40,000 they needed for just over a 17 per cent deposit on the flat they moved into in September last year. Neither Alex or Andrew went to university, and so the couple stayed at home with their respective parents paying just £150 pounds a month each in rent until they were in their 30s.13They also put their money into a Help To Buy Isa and saved over a number of years, meaning they were able to get an extra £4,000 from the Government.

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