This woman saved £50,000 in just two years - and used it to buy her first home. (and yes, she lived at home with her family, rent-free).
Property prices in the UK have hit a record high this summer. But for many young people, buying a home on their own is a fantasy that’s far out of reach.
Doing this while living rent-free in her family home meant Hilary could save £2,000 per month – amounting to two-thirds of her salary – for almost two years. But you should only do this if you know you can afford to pay it off before the interest accumulates, or you could end up in a sticky spot.
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