First-time buyers' furious as estate agent says giving up Greggs will save you £8k for house deposit

An estate agents has come under fire after claiming first-time buyers can save £8,000 towards a house deposit if they stop buying Greggs.

DM & Co Homes took to social media platform TikTok to point out that those who spend £5 on their breakfast every morning at the popular bakery could instead put that money towards a deposit on a property.

The estate agents pointed out that people could save £35 per week, £140 a month and £1,680 a year if they purchased 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.

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The viral TikTok video has since racked up more that 171,000 views and thousands likes, reports The Mirror.

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?"

Many fellow TikTok users were left fuming by the post, branding it "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 warm breakfast every morning for eight years is worth more than a deposit on a property you'll hardly see," said a third.

Someone else 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." While a