Saving for a 10% Deposit on a £250k Home

Let’s be honest - buying a home in the UK feels a bit like trying to get a text back from your situationship: long, unpredictable, and slightly soul-destroying. But for Leanne (works in HR, loves a bottomless brunch) and Callum (electrician, big on Fantasy Premier League), the goal is clear: a £250,000 house with enough room for a dog and a BBQ.

Here’s what it really takes to get a 10% deposit sorted.

 

Leanne and Callum’s Situation

They earn a combined £60,000 a year. They've managed to stash away £5,000 so far, and between Aldi shops and skipping a few Deliveroos, they’re saving £400 a month.

Let’s do the maths:

• 10% of £250,000 = £25,000

• Already saved: £5,000

• Still to go: £20,000

• Saving £400/month = 50 months

That’s a 4-year wait. Basically, you’ll have sat through four more seasons of Love Island before you get the keys - unless something changes.

 

Time to Speed Things Up

This is where the Klink App comes in clutch. The new Spending Insights feature shows you where your cash is actually going - no more "How did I spend £80 at Tesco??" moments.

With a few swaps, Leanne and Callum could seriously cut down the time:

• Boost savings by £100/month = deposit in 40 months

• Up savings by £200/month = in the door in just over 2.5 years

Klink helps you cut out the waste and keep your deposit goals realistic and visible - no spreadsheets required.

 

Why Bother?

Because once you’ve got your plan sorted, you stop guessing and start moving. You know exactly how far off you are, what to adjust, and how soon you could be booking that IKEA trip for your new place.

 

Make the Move

Don’t let the housing market leave you behind. Download Klink, get on top of your money, and take that first real step toward becoming a homeowner.

Then you can finally tell your landlord where to stick that “rent increase due to inflation” email.