The property market at present is fairly competitive.
Just like last year, prices are rocketing and it's no different in 2022 with some properties going for £20,000 over the home report according to Glasgow estate agents.
However whilst agents are there to help us, one seems to be annoying first-time buyers thanks to their latest piece of advice.
Whilst we all may have areas we can cut down on, some of us love our routine or early morning coffees on the way to work.
It's not that straight-forward however as some people have other commitments such as childcare which is money they need to spend in order to make a living.
But now estate agent DM & Co. Homes have caused a stir on TikTok after their advice was for people to give up their daily Greggs in order to save around eight grand for a house deposit.
According to the Mirror, the viral social media clip warned that buying from the bakery five days a week could set you back a whopping £8,400 over five years - which is enough for a five per cent deposit on a £175k property.
The video has since gone viral gaining almost 175,000 views, six thousand likes and 500 comments.
Text on the clip reads: "You spend £5 at Greggs every morning. That's £35 a week.
"That's £140 a month. That's £1,680 a year.
"Three years later that's £5,040. Five years later that's £8,400.
"You could've added that to your deposit on a property.
The estate agents captioned the video writing: "Who's guilty?"
Whilst the estate agent may have meant well, some who dream of becoming homeowners have said that the advice is "condescending" after a similar article not long appeared online where Kirstie Allsopp said that if the younger generation stopped "eating avocado toast, you'll be able to buy a house."
It's not the first time the agent has given out this advice with many of their videos telling people that if they, for example, cut back on a meal deal and made lunch at home, they could save £3,600.
In response to the viral video one said: "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: "Every penny you've ever spent could have been saved and added to your deposit, but humans buy things. So this doesn't work."
Whilst others felt like the advice was outdated, some did see where they were coming from.
One user commented: "I agree with the premise that a little change can add up but this kind of advice frustrates more than helps. The housing market is broken and telling people not to buy a coffee isn't going to change that."
Megan Griffiths, property media creator for the DM & Co. Homes said: "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."
What do you think? Let us know in the comments below.
