Sarah Yates has been saving since she was 14 years old
A savvy woman has revealed how she managed to buy her first home for £139,000 at the age of 24, having saved up since her paper round when she was just 14 years old. Sarah Yates was keen to get her foot on the property ladder as soon as possible but soon discovered how difficult it would be to do it alone.
"People used to take the mick out of me. I remember one of the boys said that they’d seen me one morning and I told him it wasn’t me because I was so mortified and embarrassed. I then quit and I got my first job as a journalist when I was 19. I've just always tried to save." Sarah wanted to buy her own property in that specific area which is considered "desirable" but realised she was being priced out with her £145,000 budget. Eventually, she came across a two-bedroom terrace house in the Stockport suburb of Greater Manchester that was in need of some work but it was exactly what she was looking for.
Top news stories today She said: "Once the survey came back there were a few issues so I ended up buying it for £139,000. My offer was accepted in March 2020 which was right at the start of the pandemic. I think that’s one of the reasons why I got it for the price that I did because of the uncertainty at the time, people weren’t sure if they could buy because they weren't sure if their jobs were safe.
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