Being stuck in a cycle of renting is not easy when you want to escape and buy a property that is your own. The cost of renting can be almost as much as the cost of a mortgage, and in some areas, it can be even more.
Saving for a deposit can be made very difficult when you are paying over the odds in rent, and then you end up trapped paying rent and you can never move into a home that is exclusively yours.
There are several ways that you can get out of the rent trap and speed up your savings efforts, and even if it takes more time than you expected, it can be done! Check out our savings hints below that are there to get you out of the trap that renting can put you in.Continue reading