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Giving up Greggs will save first-time buyers £8k for house deposit, estate agents claims
It’s as simple as that, apparently…
An estate agents has come under fire for its questionable views on how first-time buyers can save up for house deposits.
At a time when house prices are reaching record highs – just last year, the average UK house price reached £250k for the first time – and the cost of living crisis looms, first-time buyers are finding it harder than ever before to scrape enough money together for a deposit.
However, DM & Co Homes evidently don’t think saving up for a 10% deposit is too laborious of a task, and have offered their own advice on how they think all young people can do it, regardless of their income or living situation.
The answer, as it turns out, lays with a morning Greggs.
@greggs_official / Instagram
In a now-viral TikTok video, the West Midlands-based estate agents claimed that people could save £35 per week, £140 a month and £1,680 a year if they stopped purchasing Greggs seven days a week.
This equates to a total of £8,400 over five years, which is around the amount needed for a 5% deposit on a £175,000 property – £75,000 below the average UK house price.
DM & Co Homes captioned the video writing: “Who’s guilty?”
Of course, social media users weren’t too impressed with the estate agents’ attitude towards the issue, with many branding it as ‘pointless’ and ‘condescending’.
One person replied: “This is literally boomer mentality! Buying a sausage roll is not going to stop you from saving a deposit. Pointless video.”
Another wrote: “No one cares with your condescending sh**e leave Greggs out of it.”
A third pointed out: “A warm breakfast every morning for eight years is worth more than a deposit on a property you’ll hardly see.”
DM & Co Homes has since responded to the backlash, with its property media creator Megan Griffiths telling The Mirror: “We’ve done a few videos like that and people love them. It really makes first time buyers realise how much they can save.
“Some users don’t really understand the point of the video or have the motivation to save. They don’t realise how much these things are and that it will add up over time.
“People are always going to make comments but I don’t take notice. House prices are only going up and because TikTok is aimed at a young audience it’s good to make them aware of how they can save.
“If you stop spending money on these things you can save and get yourself on the property ladder.”
This comes after presenter Kirstie Allsopp claimed that young people could afford their own homes if they cut back on ‘luxuries’ like gym memberships and coffee.
Trending
Dad accidentally buys 60 pairs of reading glasses
‘He thought the packaging was a little excessive’
A dad accidentally bought 60 pairs of reading glasses after misreading an order.
The dad has gone viral on Twitter for his massive order of reading spectacles. He was left baffled as to why the parcel was so full when it arrived at his address on Sunday March 26th, leaving his son in stitches.
Tom Arnold, 61, from Perranporth in Cornwall, thought he’d only ordered one pack to share with his wife — not a whole shop’s worth. Radio and podcast host, Chris Arnold could not stop laughing as he witnessed his dad open the parcel with a bewildered look on his face.
The viral tweet read: “My Dad has accidentally bought 60 pairs of reading glasses off the internet after misreading the quantity of his order.”
Speaking about the mishap, Chris said: “I just found it hilarious, he said he thought the packaging was excessive, then he opened it up and the box was full.
“He seemed confused as to what had happened. We looked at the order and he had ordered 12 packs instead of one, as they were for him and my mum, plus spares. The order came to over £100 but he’s managed to get a refund!”
He described the incident as ‘very funny indeed’, saying it ‘cheered up’ him and his family. As the tweet went viral and accumulated thousands of likes, Specsavers jumped in on the banter as they tweeted: “Do we even need to say it?”
Chris joked in reply: “At this point guys, I don’t think you do. P.S. Are you interested in buying 59 pairs of reading glasses off my dad?”
They hilariously replied: “If you can’t shift them you might want to consider adding an extra 118 eyes to your dad’s face.”
Specsavers tweeted an update on the situation: “The glasses have been safely returned, but Chris’ dad deserves a bit of good luck. How about a free eye test and a brand-new pair of glasses for good measure?
“You really should’ve gone to Specsavers.”
Aldi is now selling wearable sleeping bags for ultimate comfort — they even have arm and leg sections.
If you love to go to budget supermarket Aldi and have a wander over to the middle aisle, you’ll know you can find all sorts of handy and unusual things to buy.
Aldi shopper and TikTok user Paris de Jager sharedwith her followers how she picked up a wearable sleeping bag ‘onesie’, that even has leg and arm sections.
The social media user upload a video to her TikTok account @parisdejager showing her modelling the bright pink seasonal must have.
She wrote in a caption: “The sleeping bag one-z you never knew you needed until now.”
She ‘catwalked’ in her home as she showed off her incredible new bag suit by Adventuridge, looking ‘snug as a bug’.
Her video has racked up over 137k likes and many people were amazed at her incredible Aldi find.
Her followers flocked to comment and rave about the hot pink cosy number.
One said: “might just have to purchase for DofE.” Another added: “need for weekends.”
And a third joked: “Glastonbudget.” A fourth chimed in : “My reading outfit sorted.”
Aldi launched a similar wearable sleeping bag last year, and it weren’t long before the cosy suit sold out online.
You can purchase a wearable sleeping bag in time for festival season here.
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