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  • FIRST POST
    • muddywhitechicken
    • By muddywhitechicken 12th Oct 12, 10:29 PM
    • 3,793Posts
    • 34,608Thanks
    muddywhitechicken
    Making chicken feed of my mortgage
    • #1
    • 12th Oct 12, 10:29 PM
    Making chicken feed of my mortgage 12th Oct 12 at 10:29 PM
    Hello

    After reading lots of inspirational MFW diaries I have decided to start one of my own as a record of my progress and to keep me motivated.

    When we relocated to our current house 4.5 years ago we gained a bedroom but more than doubled our mortgage
    Luckily Mr MWC had a very generous 4-year relocation package and even luckier it was paid out in full when he was made redundant 6 months later…

    A little about the mortgage…

    July 2002

    Original mortgage (interest only)
    4.49% fixed rate
    Redemption date = July 2027
    £90,250

    April 2008

    Further advance (repayment)
    5.62% fixed rate
    Redemption date = April 2028
    £106,190

    October 2012

    Original mortgage (interest only)
    2.50% BMR
    Redemption date = April 2028
    £88,660

    Further advance (repayment)
    2.50% BMR
    Redemption date = August 2026
    £79,832

    We have been paying £134/month into a S&S ISA for the past 10 years to pay off the capital on the interest only mortgage - fingers crossed. Note to self: check performance of S&S ISA.

    We made our first OP of £2,750 to the FA last November and this year we have OP’d the equivalent of paying the FA twice a month, every month

    A little about me…

    41 years old
    0 children
    7 chickens
    Work FT in a job that bores me to tears but pays well and allows me to finish at lunchtime on Fridays

    A little about Mr MWC…

    Happy to OP as long it doesn’t affect our lifestyle
    Recent convert to topcashback

    Today I have…

    Sold 2 boxes of eggs @ £1.25/box
    Shined my sink (after scrubbing it and bleaching it first)
    Made sausage, barley & kale stew for dinner
    Been unable to locate a dividend cheque for £265 that came in the post last week…

    muddywhitechicken
Page 1
  • Domino9
    • #2
    • 12th Oct 12, 10:33 PM
    • #2
    • 12th Oct 12, 10:33 PM
    Good luck on becoming MF!

    (I'm still a Mortgage Wannabe - saving for the deposit!)
    A Mortgage wannabe! 😄
    • BookWorm
    • By BookWorm 12th Oct 12, 10:35 PM
    • 2,288 Posts
    • 13,929 Thanks
    BookWorm
    • #3
    • 12th Oct 12, 10:35 PM
    • #3
    • 12th Oct 12, 10:35 PM
    Best of luck on your MFW journey!
    • muddywhitechicken
    • By muddywhitechicken 13th Oct 12, 8:15 PM
    • 3,793 Posts
    • 34,608 Thanks
    muddywhitechicken
    • #4
    • 13th Oct 12, 8:15 PM
    • #4
    • 13th Oct 12, 8:15 PM
    Thanks for the good luck messages Domino and BookWorm.

    Today I have:

    Walked into town
    Opened a Loyalty Saver a/c at the BS ("disputing" how longer I have been a member - they say 14 years, I say 25+ years!)
    Bought cheap mealworms and sunflower seeds for the chickens
    Done 2 loads of laundry
    Made spiced crab apple jelly for my Christmas hampers
    Made chocolate brownies
    Spent an hour pottering in the garden - picked yellow baby plum tomatoes and raspberries
    Cleaned the conservatory
    Shined my sink

    Mr MWC made 5 root soup with bacon for lunch and Bengali butternut squash and chickpea curry for dinner. Yum!
    • muddywhitechicken
    • By muddywhitechicken 14th Oct 12, 8:20 AM
    • 3,793 Posts
    • 34,608 Thanks
    muddywhitechicken
    • #5
    • 14th Oct 12, 8:20 AM
    • #5
    • 14th Oct 12, 8:20 AM
    Good morning.

    Today we are going on a guided fungal foray. Free for me, £5 for Mr MWC as organised by my employer's S&S club (costs me £12/year but more than pays for itself). Forager's nip (HM sloe gin and blackcurrant vodka) and the brownies I baked yesterday are packed.

    We'll have to pay £2.50 for parking and then we are planning to find a pub for lunch.

    Have a great Sunday everyone.
    • Sepa74
    • By Sepa74 14th Oct 12, 12:19 PM
    • 953 Posts
    • 4,012 Thanks
    Sepa74
    • #6
    • 14th Oct 12, 12:19 PM
    • #6
    • 14th Oct 12, 12:19 PM
    Welcome to the site, MWC... I am so jealous of your mushroom foray today, and if you're in the south at least, the weather is wonderful for that sort of expedition.

    Have a great day!
    Borrowed £150,000 in an offset tracker mortgage in May 2007 - MFD May 2041 (67)

    Jan 2012 - £125,620.02 / 2,913.87 / Nov 2032 (58)
    Apr 2012 - £122,901.88 / 3,170.91 / Jul 2032 (58)
    Jul 2012 - £122, 589.02 / 3,507.99 / Sept 2032 (58)
    Oct 2012 - £120,476.31 / 3,889.42 / July 2032 (58)
    • lvm
    • By lvm 14th Oct 12, 3:05 PM
    • 1,501 Posts
    • 1,763 Thanks
    lvm
    • #7
    • 14th Oct 12, 3:05 PM
    • #7
    • 14th Oct 12, 3:05 PM
    Welcome to MFW!!

    Your job sounds like mine too - I hate it but I get the advantage of working from home so I just grin and bare it for the time being.

    You sound like a couple of quite adventurous cooks (to me anyway!)...I'd love to be able to do things like that - maybe when I become a lady of leisure (I can dream!!)

    Anyway, good luck on paying off the mortgage!
    DEBT - £10,176.11 (Jan 2011) ---> £0.00 (Sept 2014)
    SAVINGS - £0 (Jan 2011) ---> £35688.08 (Jan 2014)
    MORTGAGES:
    Home @ 3.99% - £65,000 (Jan 2011) ---> £62, 092.86 (June 2015)
    BTL 1 @ 4.49% - £69, 750 (Sept 2014) ---> £68, 610.49 (June 2015)
    BTL 2 @ 3.99% - £123, 750 (June 2015) ---> £123, 750 (June 2015)
    • muddywhitechicken
    • By muddywhitechicken 14th Oct 12, 8:48 PM
    • 3,793 Posts
    • 34,608 Thanks
    muddywhitechicken
    • #8
    • 14th Oct 12, 8:48 PM
    • #8
    • 14th Oct 12, 8:48 PM
    I've had a lovely day today

    The fungal foray was a big success - between us we found 50+ different fungi in 2 hours... and some of them were even edible! Mr MWC was the only person to find chanterelles You're right Sepa, the weather was perfect. Then we went to lunch with friends and it was their turn to pay, so a cheap day out

    4 eggs from The Girls today. The best I can hope for at the moment is 5/day as 2 of the older chickens are moulting and have stopped laying for the winter.

    For tea we had a big bowl of padron chillies (a freebie from my brother's allotment) fried and sprinkled with sea salt and the leftover soup from yesterday.

    I'm not sure that we're that adventurous lvm - after reading this diary for a couple of weeks, you'll see that we get quite repetitive. We're definitely greedy though and spend an absolute fortune on groceries!

    My sink is still shiny I often struggle to multi-task in my personal life so I can have a spotless house or perfect garden or diet/exercise or have a hobby but I tend to get obsessive about one thing and the others go to pot (although at the moment everything seems to have gone to pot...)

    The weekend is almost over and I have to go back to work
    • muddywhitechicken
    • By muddywhitechicken 15th Oct 12, 9:11 PM
    • 3,793 Posts
    • 34,608 Thanks
    muddywhitechicken
    • #9
    • 15th Oct 12, 9:11 PM
    • #9
    • 15th Oct 12, 9:11 PM
    No NSD here today... but I have plenty of lame excuses why I spent £15.50 instead of the 50p I needed to... is there a *rolls eyes* smiley?!

    Another 4 eggs today.

    Venison sausages (from the freezer) for dinner roasted with the leftover root vegetables from Saturday and juniper berries.

    My sink is still super shiny
    • muddywhitechicken
    • By muddywhitechicken 16th Oct 12, 9:24 PM
    • 3,793 Posts
    • 34,608 Thanks
    muddywhitechicken
    Nearly a NSD but I took FIL's dog to the vet - £24 for a consultation

    I have a plan to make some money though... a colleague was saying that he was having to throw out loads of stuff (DVDs, designer clothes etc) because there was no room to store anything in his new flat and he couldn't be bothered to sell it himself... so I offered to sell it for him... with a 50:50 split

    My S&S ISA is actually a mortgage-linked equity plan. I received a review/statement in the post today. The fund has a current value of £21,848.85 but a projected shortfall (at 7% growth) of £1,950 in 15 years time At 5% growth the potential shortfall is £19,950

    Yummy dinner again today - Mr MWC made roast acorn squash stuffed with squash, bacon & thyme risotto and gremolata. And he washed up as well - what a star I will have to check out the shininess of his sink though!

    Only 3 eggs today.
    • muddywhitechicken
    • By muddywhitechicken 17th Oct 12, 7:13 PM
    • 3,793 Posts
    • 34,608 Thanks
    muddywhitechicken
    Today I have:

    Sold 3 boxes of eggs @ £1.25/box
    Defrosted HM spag bol for dinner
    Shined my sink after picking out yesterday's risotto...

    Only 3 eggs again today.

    Tomorrow I am:

    Going to New York!!!

    Flight was on sale and booked via TCB, hotel and transfers are free as accompanying Mr MWC on his business trip and I had a fistful of dollars anyway
    • edinburgher
    • By edinburgher 17th Oct 12, 7:43 PM
    • 10,738 Posts
    • 56,126 Thanks
    edinburgher
    Flight was on sale and booked via TCB, hotel and transfers are free as accompanying Mr MWC on his business trip and I had a fistful of dollars anyway
    Nice! What sort of business is Mr MWC in, if you can say without being specific?

    Have a wonderful time.
    • MrsP1983
    • By MrsP1983 17th Oct 12, 8:55 PM
    • 96 Posts
    • 314 Thanks
    MrsP1983
    Hello, have subscribed and am jealous of your chickens
    Starting Mortgage (May 2012): £116,095, Mortgage at September 2012: £115,677.14
    Mortgage at March 2014: £110,671.08
    • muddywhitechicken
    • By muddywhitechicken 17th Oct 12, 10:15 PM
    • 3,793 Posts
    • 34,608 Thanks
    muddywhitechicken
    Thanks edinburgher. Mr MWC is a scientist.

    Hello MrsP1983 - chickens are the best pets in the world
    • muddywhitechicken
    • By muddywhitechicken 22nd Oct 12, 5:38 PM
    • 3,793 Posts
    • 34,608 Thanks
    muddywhitechicken
    I'm back

    NYC was really and not too expensive.

    We ate at Momofuku on Friday *drools* and Momofuku's Milk Bar on Friday (peanut butter & ritz cracker ice-cream and pineapple upside down truffles), Saturday (green apple & cheddar ice-cream and compost cookies) and Sunday (crack pie)! We already have the momofuku cookbook but I really want the milk bar cookbook now. It is 30% off on Amazon but with my head on, I have resisted and put it on my Christmas list instead. If only I could have resisted some of that food...!

    I've just had my shopping delivered (Sainsburys, £12 off a £60 spend)
    • BookWorm
    • By BookWorm 22nd Oct 12, 9:58 PM
    • 2,288 Posts
    • 13,929 Thanks
    BookWorm
    Welcome back Glad to hear you had a good time

    Well done on resisting the cookbook. Very MSW
    • muddywhitechicken
    • By muddywhitechicken 23rd Oct 12, 9:55 PM
    • 3,793 Posts
    • 34,608 Thanks
    muddywhitechicken
    Thanks BookWorm

    Today I have:

    Drooled at the memory of crack pie
    Resisted buying the momofuku milk bar cookbook again
    Taken lunch to work - raw veggies, marmite breadsticks, fresh/dried fruit
    Failed to resist the vending machine at work due to boredem (three times )
    Shined my sink

    Only 2 eggs today (+1 softie)

    Mr MWC rustled up a storecupboard dinner of spinach & ricotta tortelloni with pesto, peas and fried onion
    • muddywhitechicken
    • By muddywhitechicken 24th Oct 12, 7:03 AM
    • 3,793 Posts
    • 34,608 Thanks
    muddywhitechicken
    Good morning

    I forgot to mention previously that there was a little action in NYC... the maid replenished the aveda toiletries every day so I have enough to last me for a couple of weeks

    Need to pick up my lift share in 15 minutes so I'd better get a move on - have a good day everyone.
    • misscousinitt
    • By misscousinitt 24th Oct 12, 10:50 AM
    • 3,543 Posts
    • 20,434 Thanks
    misscousinitt
    Hi and welcome to MFW.

    Just popped in to wish you luck.

    MCI
    Mortgage Free x 1 03.11.2012 - House rented out Feb 2016
    Mortgage No 2: £93679.00 (11.09.2017)
    OP's to Date £4500

    Renovation Fund:£944.75;
    Nectar Points Balance: £35.49
    • muddywhitechicken
    • By muddywhitechicken 24th Oct 12, 7:44 PM
    • 3,793 Posts
    • 34,608 Thanks
    muddywhitechicken
    Thank you MCI

    Today I have:

    Received my monthly CC statement. It's significantly lower than normal but still doesn't stand up to close scrutiny

    Supermarket/groceries = £335.45 (+ I spent an additional £81.94 on my debit card...)
    Petrol = £91.16
    Toiletries = £67.52 (in addition to what is included in the supermarket shop)
    Amazon = £25.52 (DVD boxsets that I can't get on LoveFilm or Netflix - will try to sell on when we've finished watching them)
    Plants = £26.42 (I don't have room in the garden for these...)
    Miscellaneous = £233.10 (treats for The Girls, vet bill for FIL's dog, coffee, magazines, train tickets, a half price coat and a pair of trouser that don't fit but I haven't got round to returning yet...)

    Looking on the brightside, my loyalty points have been redeemed and I will be receiving a £25 JL gift voucher in the post soon.

    Mr MWC is away on business again (back Friday) - this city is not as as NYC so I decided to stay here! I hate cooking just for myself so I took inspiration from this forum and had eggy bread + maple syrup for my dinner

    3 eggs today
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