The first step you should take to help save for a house deposit is to assess your current spending and see where you can cut back costs. The competition in the electricity and gas market is similar to the finance market. You can sit with the same company for years and become complacent or you can compare what you have and see if the saving is worthwhile to switch. Switching is easy in the current market as the transfer is handled by the company you change to. Sometimes it can be $100's or even a $1000 plus saving per year. This is a nice boost to your house deposit and it costs you nothing!