Sacrifices to buy a home

London and south east are top in manufacturing productivity according to report

Report finds that south east is top in country for manufacturing 

Have your say

HOLIDAYS are the first things Portsmouth residents are willing to cut to enable them to buy a new home.

House builder Barratt Homes conducted a survey of 2,000 people to determine what luxuries residents would cut back on in order to save enough to make their dream move.

More than a third of those asked said they would forego a trip away. The survey revealed that just six per cent said they would stop smoking in a bid to acquire extra funds. Only 13 per cent would give up alcohol and a mere 10.5 per cent were happy to give up coffee.

Sales director Michelle Storer said: ‘Acquiring a new home is a big financial commitment for anyone and, understandably, many would-be buyers take it very seriously.

‘Those asked in our survey said it was worth giving them up for a short while for the greater cause.’