Calorie intake/exercise to reduce my body fat %?

Hi,

I am currently 8 stone 2lb and am 5"3.

I am wanting to lose 2lbs but my main aim is to reduce my body fat % as whilst I am not over weight I have some fat particularly around my stomach area that I would like to get rid of.

Currently I am eating 1200 calories with a ratio of 40% carbs, 30% protein, 30% fat (except weekends when this can go down the pan- high carb and fat meals out or takeaways sometimes reaching 2,000 calories) . I think my TDEE is about 1500 calories and the past few weeks I have only managed to exercise twice a week (mixed cardio and strength).

Does anyone have advice as to whether my current habits are going to get results? I'm aware that weekend slips aren't wise but I l also need to be realistic as I will often attend social occasions where eating is occurring! Any advice would be really helpful as I am not wanting drastic weight loss just fat loss. I've also read that to lose stomach fat 70% of it is eating and 30% exercise?!

Thanks