A thrifty couple who saved a deposit of 50,000 pounds (approx. US$70,000) during the lockdown using some very detailed spreadsheets are celebrating buying their first home.
Louise and Mike Zanier were left disappointed after they were forced to pull out of a house sale when their mortgage lender stopped accepting 5 percent deposits at the beginning of 2020—stating the 17,000 pounds (approx. US$23,500) they had saved wasn’t enough.
