To purchase your first home, you need a deposit which may come from the following:
Ensure you avoid short term debts such as credit cards, hire purchase and overdrafts. If you are over 80% borrower, banks prefer no short-term debts.
Maintain good account conduct avoiding account excess or dishonours. Pay your bills on time. This helps maintain a clear credit file.
Avoid large expenses such as upgrading cars or purchasing expensive furniture
Manage your expenses wisely as banks require you to disclose your living expenses. Regular eat-outs can add up really fast.
Avoid changing jobs unless you are getting a pay rise. Banks don’t like contracts with probation clauses especially for over 80% borrowings.
Try and save on a regular basis. This helps demonstrate your ability and willingness to save.