Myself and my husband are looking to trade up. We have circa 200k equity in our current house which will cover 20% deposit for new house (with some left over). We have consistently been saving but used a chunk of money to pay off a car loan and remedial work needed to the house. Over the past 4 months we have 11k saved (saving a min of 2.5k per month) on top of paying our current mortgage etc. Is there a certain amount we should have saved / or a certain amount of time we should be saving for without having dipped into it, before we apply for approval?