How much deposit do I need

Nick Bennett

11/08/2016

  • Ideas
  • Life

So I’m now 36 and I’m still not on the property ladder. I know it shouldn’t, but it makes me feel like a pathetic loser. I really shouldn’t be so hard on myself when I look at the statistics. This recent BBC survey goes to show I’m not alone. I haven’t given up on the dream and have a gut feeling that one day it will happen. Being a pragmatic developer I decided the first step is to see what kind of deposit I need. That’s when I came up with the idea for howmuchdepositdoineed.uk. It’s a simple web app that allows you to enter your postcode and the kind of property you’re looking for. Using Google geolocation we can determine the radius of the property area. Then we ask Zoopla for the first 50 listings that match our property type. It works quite well although I wish the deposits were a little smaller.