OPINION: Why saving for a deposit could be the smartest money move of the year
February 22, 2021 Save Source: Google Images Pay more now, to save more later – how a deposit can improve your chances of buying your dream home. Buying a home is probably one of the most important – and expensive – purchases many people will make. It usually requires a long-term financial commitment in the form of a bond to cover the cost of the home. While most buyers have an idea of how much they can afford to pay each month towards their bond, few realise the importance of putting down a deposit when applying for finance. According to Carl Coetzee, CEO of BetterBond, a deposit wil...