There is no single savings target because it depends on the property price, your deposit requirement, income and the lender’s criteria. You may also need funds for costs such as stamp duty, legal fees, surveys, valuation and moving, as well as an emergency buffer after completion. Lenders may review your saving history, regular spending and ability to meet repayments, so consistent saving can be useful evidence of affordability. Check current Central Bank rules and lender requirements, and consider speaking with a regulated mortgage adviser about your circumstances.