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  • FIRST POST
    • A Frayed Knot
    • By A Frayed Knot 8th Jun 15, 11:34 PM
    • 2,125Posts
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    A Frayed Knot
    Was Mortgage Free until 52!!!
    • #1
    • 8th Jun 15, 11:34 PM
    Was Mortgage Free until 52!!! 8th Jun 15 at 11:34 PM
    I was a lurker, but inspired by this thread to start my own diary and although my figures are positively small fry to some - its still my mortgage.

    A bit about me, took the plunge and bought a house age 50 plus by myself, everyone asked "Are you mad?" But thought - I can do this.

    Bought at auction, so got a bit of a bargain (the only way I could afford a mortgage) and had what I would call (in my terms) a nice deposit. Took out an 80% mortgage, and lenders would only give me an 18 year term, 2 years fixed at 4.5%, so in my eyes I have already knocked 7 years off my mortgage - how's that for positive thinking?

    I'm now 3 years down the line and have already made the classic mistake, did not renew my fixed term after the 2 years (and still haven't) as it reverted to 3.99% which was lower than I was paying and on making my first large overpayment, they reduced my monthly payments Little did I know what I know now. So its time to get my mortgage in order.

    I have about a years mortgage savings - and about 3 years mortgage payments out on loan at the moment.

    I pay a minimal 45.00 into an isa every month, but was thinking of adding this to my monthly mortgage payments when I remortgage thus reducing the years even further. What do you think?

    I work full time and overtime is available for the moment although I never accept, as I go in early and stay late - could class that as overtime,

    As you can tell, I'm a bit obsessed with overpayments, but well - you can see my point - at my age, want to be "mortgage free" asap.

    My Motivation Madness;
    I have a simple method to keep me motivated, only thing is to explain I make it sound complicated and only works if you have a sub account as well, but you could adjust to suit yourself.
    • "Always have 0.00 at the end of your mortgage"
    • This way the least/most you will pay is 9p or 9.99
    • On flush days you could go for 00.00 at the end or even 000.00
    I know, I know, I need to get out more Good Luck whatever you decide.
    Last edited by A Frayed Knot; 20-02-2017 at 12:01 PM.
Page 67
    • A Frayed Knot
    • By A Frayed Knot 13th Aug 17, 9:39 AM
    • 2,125 Posts
    • 9,569 Thanks
    A Frayed Knot
    Great news on sales AFK. You really do need to get some rest though.

    Hope you get everything done that needs done.

    Bexster
    Originally posted by bexster1975
    Thanks, thats bathroom cleaned and floor done, nice clean towels hung up, job for another day - is grouting where the shower is, badly needs done - job I hate, only because so time consuming. (why do I need to be such a perfectionist).

    Next is washing to be hung out and another load on and re make bed.

    How long do you have left before you start back? The schools here start on Tuesday so that means back to buses being late and loads more traffiic on the road.

    Off to hang washing out while its sunny.
    Last edited by A Frayed Knot; 13-08-2017 at 9:40 AM. Reason: hang not hand - washing out ! ! !
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £2422.71 + Phantom o/ps 2017 -£1367.81 so far
    • bexster1975
    • By bexster1975 13th Aug 17, 11:03 AM
    • 1,041 Posts
    • 4,816 Thanks
    bexster1975
    Hi

    We have four more weeks, five until students are back.

    Sounds like you are getting that list ticked off. I'm doing a bit of eBay listing myself today, and will spend a bit of time in the sunshine. I may now have to mop the bathroom and kitchen floors in solidarity with you

    Enjoy your day

    Bexster

    ETA: I do love fresh towels. I also need to re-silicone the bath. It looks dreadful!
    • A Frayed Knot
    • By A Frayed Knot 13th Aug 17, 12:56 PM
    • 2,125 Posts
    • 9,569 Thanks
    A Frayed Knot
    Another break for now, Bed remade, 1st washing hung out sun shining - then downpour, no warning by the time I got to the door there was no point bringing it in. However just a heavy shower, now another 2 loads ready to be hung out.

    Bedrooms and hall windows done (10) if you count both sides ~ I've done 20 windows only another 10 to go (20) Fixed 2 cords that attach to the wall for my roller blinds - 1 off the wall and the other twisted meaning I was opening instead of closing every time - very annoying. The other needs a bit more work ie drilling ~ another job on the list of to do's - to get done's

    Ok, break over, 2 lots of washing need hung out.

    Hope your 3bay listing goes well, have now sold 2 items but hoping for some more - usually Sunday night is good for buying/selling.
    Last edited by A Frayed Knot; 13-08-2017 at 12:58 PM.
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £2422.71 + Phantom o/ps 2017 -£1367.81 so far
    • shangaijimmy
    • By shangaijimmy 13th Aug 17, 2:23 PM
    • 2,207 Posts
    • 10,145 Thanks
    shangaijimmy
    I'll join you on needing to sort our shower and bath out! I've re grouted but now desperately need to silicone!
    MFW: Turning June 2036 into March 2023... 30//120 Payments Challenge, Diary Reduction £32,077.72
    Aug 2009: £163,051 // Current: £103,922.28 // Avg Daily Interest £4.67
    MFiT-T4 #8 - 47.86% of £41,000
    • A Frayed Knot
    • By A Frayed Knot 15th Aug 17, 11:16 PM
    • 2,125 Posts
    • 9,569 Thanks
    A Frayed Knot
    Everything has finally caught up with me, and so today was in bed for 7.00pm. Woke around 10.30 ish, and made a cuppa, but was nearly falling asleep drinking it.

    Managed to get grass cut but just the front and front side - a task in a half. Not much else done, hope I'll be feeling much better in the morning as have left everything I usually do at night till the morning so I need to be up earlier than usual, wash hair, work clothes at the ready and a couple of parcels to be wrapped - all before leaving for work before 8.00am. The very thought.

    Night all.

    ps on reading that back - grass was cut on Sunday - not today.
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £2422.71 + Phantom o/ps 2017 -£1367.81 so far
    • bexster1975
    • By bexster1975 18th Aug 17, 2:51 PM
    • 1,041 Posts
    • 4,816 Thanks
    bexster1975
    Hope you have survived the working week AFK.

    I'm having a new shower fitted tomorrow now I've done the seal on the bath. Then I have to pick up some edging tiles in blue to go around the bathroom between the tiling and the painted wall. That will be the bathroom done for now ( couple more things to finish it, but bigger jobs for another holiday). Office is sorted. Bids on eBay items which is great. Cash on collection items which is always interesting! They don't finish until a week on Sunday so hopefully they will collect the next week.

    Away for a few days next week, last break before return to work.

    Hope you have a quiet weekend planned. I've done shopping at Aldi today and filled the car up so once showers fitted tomorrow, hopefully a peaceful weekend

    Bexster
    • A Frayed Knot
    • By A Frayed Knot 18th Aug 17, 5:29 PM
    • 2,125 Posts
    • 9,569 Thanks
    A Frayed Knot
    Didn't quite make it got BP taken and sent home immediately

    So rest and more rest on the cards for this weekend, and hopefully by the time I go in on Monday it will be much much lower, if not

    Sitting here with my feet up just now, taking at easy, mind going ten a penny, thinking, washing to be done, ironing, hoovering and didn't manage to change the kitchen blind plus a load of other things.

    Blue is my favourite colour for the bathroom, so sounds lovely. Funnily enough my shower was making a rather strange noise this morning, so was just hoping it would stay on long enough to get shampoo out of my hair.

    Enjoy your few days away, hoping the weather is kind to you and (going with anyone in particular)
    Have a lovely time, whatever, or should that be whoever.

    Had planned to go to Lid1's after work, but plans changed for me, so now I have no milk in until I get to the shops (such a minor thing as not a tea jenny).

    Enjoy your weekend and last break before starting back.
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £2422.71 + Phantom o/ps 2017 -£1367.81 so far
    • bexster1975
    • By bexster1975 18th Aug 17, 5:41 PM
    • 1,041 Posts
    • 4,816 Thanks
    bexster1975
    Sorry you were sent home! Worrying about what needs doing does not sound relaxing and conducive to lower BP!

    Thank you, I'm looking forward t the break. Only in the UK, but should be lovely ( am ignoring all other comments on this matter ).

    The tiles are a Laura Ashley blue/green. I'm just going to do a small border but I think it will look lovely.

    Watching fantastic beasts and where to find them this evening. If you have Amazon or Netflix I suggest you do similar rather than worrying.

    Bexster
    • A Frayed Knot
    • By A Frayed Knot 19th Aug 17, 11:34 AM
    • 2,125 Posts
    • 9,569 Thanks
    A Frayed Knot
    Long lie in for me this morning till 7.10am taking it easier this weekend as need ti make work on Monday (short staffed) even though I was told to go home on Friday (not by my bosses mind) either that or I was being admitted avoiding that at all costs).

    3bay not been kind - 1 sold yesterday, 1 today and 1 wants to return an item saying it doesn't fit Hey Ho take the good with the bad. Just sorting through another load, and have started an ironing, then in my mind I have quite a few pairs of trousers needing the hems taken up, so that just may be my next job.

    Not been shopping yet, had planned that after work, before events took over and sent straight home. Bed not made yet as I may return to it pretty soon, very tired.
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £2422.71 + Phantom o/ps 2017 -£1367.81 so far
    • bexster1975
    • By bexster1975 19th Aug 17, 12:04 PM
    • 1,041 Posts
    • 4,816 Thanks
    bexster1975
    Def take it easy AFK. I now have a new shower. I will collect the tiles tomorrow. Bathroom all clean and shiny now. Time for a coffee and rest

    Bexster
    • A Frayed Knot
    • By A Frayed Knot 20th Aug 17, 3:22 PM
    • 2,125 Posts
    • 9,569 Thanks
    A Frayed Knot
    Def take it easy AFK. I now have a new shower. I will collect the tiles tomorrow. Bathroom all clean and shiny now. Time for a coffee and rest
    Bexster
    Originally posted by bexster1975
    All shiny and squeaky clean.

    Have taken things easy this weekend, had a snooze in the afternoon, then was out for dinner last night with DB and mum, then onto Lid1's (A girl certainly knows how to spend a Saturday night )
    Today a few items listed and have another bag photo'd ready for listing, easy come, easy go, one emptied and another just given to me from my mum, seems she was clearing out yesterday, oh well. Ironing finished yesterday and bed is made ! ! ! I won't be going back to it this afternoon.

    3bay has been exceptionally quite for some reason, I have heard some say they feel it is sometimes switched off/on in certain areas. Could this be the case? Maybe they know I need the rest and someone is looking after me whoever you are thanks.
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £2422.71 + Phantom o/ps 2017 -£1367.81 so far
    • bexster1975
    • By bexster1975 20th Aug 17, 3:46 PM
    • 1,041 Posts
    • 4,816 Thanks
    bexster1975
    Pleased to hear you are feeling better. I have finally finished all planned chores for this holiday.

    I no longer have any useless carp here that is taking up space!

    I now have three weeks until work. I intend to take care of myself until then, and finish learning a few things I have started. Also planning my final work escape over the next 12 months.

    Make sure you keep your BP in check this week

    Bexster
    • A Frayed Knot
    • By A Frayed Knot 20th Aug 17, 4:30 PM
    • 2,125 Posts
    • 9,569 Thanks
    A Frayed Knot
    Well done on the chores

    and am striving for same - no longer having any useless carp in the house - just not going to happen

    3 weeks off - now what I could do with that.

    What's this - final work escape over the next 12 months ? ? ?

    BP will get taken when needed - am in the right place for that.
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £2422.71 + Phantom o/ps 2017 -£1367.81 so far
    • bexster1975
    • By bexster1975 20th Aug 17, 5:49 PM
    • 1,041 Posts
    • 4,816 Thanks
    bexster1975
    You will get all the Carp gone. Def.

    I would like to get my business interests to a point this year so I can leave my job

    It was a major reason for paying off the mortgage. Getting rid of carp also part of the plan as it clears the office out for me to use properly for work, and frees me up more physically and mentally.

    If I can earn enough for a few months this year consistently to pay all essential bills, I will look to quit in about 12 months

    Take care with the BP

    Bexster
    • A Frayed Knot
    • By A Frayed Knot 21st Aug 17, 11:27 PM
    • 2,125 Posts
    • 9,569 Thanks
    A Frayed Knot
    Phew, what a day, not a chance of a nice quite, easy stress free day, that I hoped it would be, and should have been.

    BP taken and although I was happy enough, they still thought I should not be working.

    Been listing and wrapping up ~ 4 items sold today ~ happy with that, and with the special listing/selling offer ending tonight, I have worked well past my bedtime. Gave myself an in bed/lights out before "time" ~ which hasn't worked well and this is only the 1st night.

    No money news but working late tomorrow night (all for £30) but said I would do it, and do it - I will.

    Been a strange day may have had something to do with the eclipse - spooky.

    That's enough for now. Night All.
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £2422.71 + Phantom o/ps 2017 -£1367.81 so far
    • A Frayed Knot
    • By A Frayed Knot 3rd Sep 17, 7:52 AM
    • 2,125 Posts
    • 9,569 Thanks
    A Frayed Knot
    Had a nice easy quiet week, until yesterday, when it was probably the 1st day in a while where I have had the energy, time and dry weather all in 1 day

    So garden was in for a treat, grass cut, hedges cut and general tidy up ~ 6 hours spent working and boy did I feel it last night and no better this morning ~ muscles ache and feel exhausted but feel rather pleased with myself. Forecast for rain today so no chance I can paint fences, gate, shed, steps and brickwork round house.

    Ebay a little slow this past week, but still ticking along, got another 17 or so items listed yesterday and plan more for today.

    Money shuffle has been neglected, its all there, just not in the right pots.

    Have a 3 day week ahead of me and am looking forward to the time off.

    Need to start the housey duties now since spent most of yesterday in the garden.
    Last edited by A Frayed Knot; 03-09-2017 at 7:34 PM. Reason: A few spelling mistakes, but it was early am.
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £2422.71 + Phantom o/ps 2017 -£1367.81 so far
    • bexster1975
    • By bexster1975 3rd Sep 17, 9:30 AM
    • 1,041 Posts
    • 4,816 Thanks
    bexster1975
    Sounds like a productive day yesterday AFK. I shall also be doing some inside jobs today as weather is quite meh.

    Also a couple of nice sideline jobs to get cracking with as they need to be made for October. One week before the dreaded return to W(swear word!).

    Lots of changes at work this year so shall see what that brings.

    Have a good day, take some time to rest those aching muscles too

    Bexster
    • A Frayed Knot
    • By A Frayed Knot 24th Sep 17, 8:30 AM
    • 2,125 Posts
    • 9,569 Thanks
    A Frayed Knot
    Sounds like a productive day yesterday AFK. I shall also be doing some inside jobs today as weather is quite meh.

    Also a couple of nice sideline jobs to get cracking with as they need to be made for October. One week before the dreaded return to W(swear word!).

    Lots of changes at work this year so shall see what that brings.

    Have a good day, take some time to rest those aching muscles too

    Bexster
    Originally posted by bexster1975
    Ah, so your a crafty one, too - am I right ? sideline jobs ?

    You'll be back at work by now, hope everything is going well.

    Not sure if you get the long weekend or not, but whatever have a good one.
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £2422.71 + Phantom o/ps 2017 -£1367.81 so far
    • A Frayed Knot
    • By A Frayed Knot 24th Sep 17, 8:31 AM
    • 2,125 Posts
    • 9,569 Thanks
    A Frayed Knot
    Still around, doing lots and nothing.

    Had a long weekend a couple of weekends back and it was great, and have added a few days onto this
    long weekend had a couple of problems on the bay rearing their ugly head things were ticking along nicely, too.

    Made a few knotty o/p's into my savings/waiting for mortgage deal to end (which is end of Oct) account. Not fully thought about my next step, which could be New Deal/Do Nothing or Loan - need to do some figures and weigh up the options. Also need to decide whether to keep my savings/offset account or to empty it and get that mortgage figure looking good. Lots of scenarios to look at.

    Still waiting on word from the insurance claim I put in, which funnily enough will cost me more than the claim - how come? well will update further once I hear outcome of claim

    Finally, saw a house same as mine for sale and the price lets just say I had to pick up my eyes and put them back in Lifted my spirits - no end In 5 and a half years, my property has went up 38% on a good day. then again - I did buy at auction


    Now - what else can I dig out the cupboards?
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £2422.71 + Phantom o/ps 2017 -£1367.81 so far
    • bexster1975
    • By bexster1975 24th Sep 17, 9:26 AM
    • 1,041 Posts
    • 4,816 Thanks
    bexster1975
    Hi. I was only thinking yesterday that I must have missed your posts!

    No long weekend for me, but it's ok as I've only been back at work two weeks. A new gear needed now as I'm hoping to make some of my " freedom" category changes in 2018. I am indeed crafty. I made a couple of toys for a friend and another friend loved them and commissioned me to make two for her! Honestly, I'm very easily bored so I have a lot of skills that I am a long way from a master of

    I've decided I'd like a long travel opportunity in the new year, but don't have the long holiday to fulfil it

    A conundrum.....

    Have a great day, great news about house price. I know mine is worth significantly more than I paid for it about 12 years ago ( about 50%) which is always reassuring.

    Bexster
    Last edited by bexster1975; 24-09-2017 at 2:50 PM.
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