Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Elephantchunks
    • By Elephantchunks 23rd May 17, 4:48 PM
    • 110Posts
    • 593Thanks
    Elephantchunks
    Moving House, Renovations & OPs
    • #1
    • 23rd May 17, 4:48 PM
    Moving House, Renovations & OPs 23rd May 17 at 4:48 PM
    Hi! Welcome to my diary.
    I've been inspired after reading many others diaries so I am ready to join in the fun.
    We are buying a new house Yippee!
    We have a few things that we would like/need to pay before we move so hopefully this diary will help me to stop stressing and start doing.
    When we move there will be quite a bit of work to be done to modernise our new home. Then we'd like to start some side line money making schemes to OP the mortgage (on top of our Mon-Fri 9-5 employment).
    A bit about us:
    DH &I rented for a few years until we moved into Dh parents house for a year to save a deposit.
    We bought our current house nearly 5 years ago, got married, renewed the roof & boiler and many other bits since then.
    We've OPd a little and have paid off most of our debt so now have enough equity to move to somewhere more rural. Our offer was accepted on our dream (within budget) house. Therefore we worked our butts off painting and moving every bit of furniture around to make our home a house to show.
    We accepted an offer on our house after 4 weeks on the market. Our vendors are waiting to find a bungalow.

    As you may see, my diary will not all be financial as I will be including our adventure of the moving process.
    Any questions, comments, cheering along the way would be most appreciated.

    I know we could stay in this house and be more financially comfortable but that's not how to play the game.......
    Last edited by Elephantchunks; 23-05-2017 at 5:04 PM. Reason: TMI
Page 1
    • LadyGnome
    • By LadyGnome 23rd May 17, 6:15 PM
    • 420 Posts
    • 1,560 Thanks
    LadyGnome
    • #2
    • 23rd May 17, 6:15 PM
    • #2
    • 23rd May 17, 6:15 PM
    Good luck with the move and welcome.
    Mortgage
    Start Nov 2012 £310,000
    June 2017 £248,590.81 Reduction £61,409.19
    MFW 2017 #42 £2386.30/£3100
    End Oct Sept 2034 but I have a cunning plan...
    • Elephantchunks
    • By Elephantchunks 23rd May 17, 11:19 PM
    • 110 Posts
    • 593 Thanks
    Elephantchunks
    • #3
    • 23rd May 17, 11:19 PM
    • #3
    • 23rd May 17, 11:19 PM
    Thank you Lady Gnome.
    Quick update: After 4 months of waiting our vendors have today had their offer accepted on a bungalow
    We've been to the in-laws to celebrate with bbq steak in the glorious sunshine. Many wine and proscecco toasts have been made.
    We are so pleased. No more searching on right move whilst not wanting to view anything else, nothing else has even been comparable. Huge Yays
    • Miss D Meanour
    • By Miss D Meanour 24th May 17, 6:32 AM
    • 100 Posts
    • 708 Thanks
    Miss D Meanour
    • #4
    • 24th May 17, 6:32 AM
    • #4
    • 24th May 17, 6:32 AM
    Congratulations on the next step in your move. Fingers crossed that all does smoothly and that you can make the move soon.
    LBM- June 2009 - 15 year plan started, Dec 2016 - half way there
    SPC - 10. #574 - £544.30 ...SPC11 - £15 / £500
    Xmas 2018 - #11: £0 / £365. .......... CCCC 2017 - #9: £122 / £150
    PAYDBX 2017 #23: £7,231.51 / £8,100. .......... MFW2017 - #2: £7,615.91 / £7,000
    No matter how far you go, you always take yourself with you
    • Dogbooks
    • By Dogbooks 24th May 17, 10:10 PM
    • 32 Posts
    • 80 Thanks
    Dogbooks
    • #5
    • 24th May 17, 10:10 PM
    • #5
    • 24th May 17, 10:10 PM
    Good luck! What better way to celebrate than with a BBQ and prosecco haha?! I will be reading this with interest
    Goals for 2017:
    • Complete purchase of house
    • Save emergency fund- £1200/ £9300
    • EatingTheElephant
    • By EatingTheElephant 25th May 17, 7:51 AM
    • 1,162 Posts
    • 6,237 Thanks
    EatingTheElephant
    • #6
    • 25th May 17, 7:51 AM
    • #6
    • 25th May 17, 7:51 AM
    Congratulations on the next step, fingers crossed for a smooth move
    • Elephantchunks
    • By Elephantchunks 27th May 17, 10:43 AM
    • 110 Posts
    • 593 Thanks
    Elephantchunks
    • #7
    • 27th May 17, 10:43 AM
    • #7
    • 27th May 17, 10:43 AM
    Thanks for your words of encouragement Miss D, Dogbooks + and another Elephant
    DH and I have been off work this week so we decided to go camping to stop us from doing any work at home. We had a lovely few days in the Cotswalds and have properly relaxed. He is ace - I'm a lucky lucky lass
    Last edited by Elephantchunks; 02-06-2017 at 7:38 PM. Reason: TMI
    • Elephantchunks
    • By Elephantchunks 27th May 17, 10:56 AM
    • 110 Posts
    • 593 Thanks
    Elephantchunks
    • #8
    • 27th May 17, 10:56 AM
    • #8
    • 27th May 17, 10:56 AM
    Right then! Time to get down to the nittygritty - The financials
    Last week we sold 2x sheds on ebay that our buyers didn't want to be left. So here's where that money has gone already:
    Shed 1 £160
    Shed 2 £260
    Ebay fee. -£42
    Decent Drill. -£100
    Car tyres. -£120
    Holiday. -£160
    =0
    We made the most of our holiday as any other time we have off this year will be used to move house and decorate (hopefully). The drill cut the time of us dismantling the sheds by probably a quarter and will be used a lot when we get our workshop- Fingers crossed.
    • Elephantchunks
    • By Elephantchunks 27th May 17, 12:43 PM
    • 110 Posts
    • 593 Thanks
    Elephantchunks
    • #9
    • 27th May 17, 12:43 PM
    Hooray for paydays!
    • #9
    • 27th May 17, 12:43 PM
    Proof that all that work was worth it.

    June Monies
    Both our pay 2433
    Bills. -1000
    Food. -300
    Petrol. -125
    Cigs. -65
    Credit cards -50
    Fun me. -100
    Fun DH. -100
    Driving lessons -225
    Left to save. £478

    These are maximums, if we hit the max we won't beat ourselves up about it but we will try our best to save on food and fun especially.
    Food includes cleaning, rabbits and anything we may need for the household on top of bills.
    Cigs- we DO want to quit but think its best to wait until the stress of moving is over.
    Driving- We don't have a test centre in our town so this month I'll need 2x 3hr lessons for practice around the test area.

    Happy bank holiday weekend
    Last edited by Elephantchunks; 27-05-2017 at 1:11 PM.
    • Elephantchunks
    • By Elephantchunks 28th May 17, 8:35 PM
    • 110 Posts
    • 593 Thanks
    Elephantchunks
    Today I have mostly been decluttering kitchen cupboards and our filing drawers. No job is ever dull when you can listen to your favourite tunes. I'm glad it's done though.

    Right, so, here are our short term savings goals to be achieved before we move:
    Van Hire. £200
    Survey £380
    CreditCard1 £900
    Creditcard2 £900
    Total = £2380

    Savings so far:
    Before June £975
    June so far £480
    = £1455

    Difference to find £925 which is totally doable if we have two more pay days before we move. I worry about unplanned costs though so anything I can do to save more I will. I don't want to use our equity to pay for past debt. We've done well to get this down from nearly £8000 from January last year. I'm determined to not take it with us.
    Last edited by Elephantchunks; 28-05-2017 at 8:38 PM.
    • Elephantchunks
    • By Elephantchunks 30th May 17, 6:24 PM
    • 110 Posts
    • 593 Thanks
    Elephantchunks
    Anxious day today.
    Mortgage application telephone appointment day.
    Due to me working in accounts and it being month end, DH had the 2x hour conversation with them and I had the 5minute conversation to confirm.
    DH is very bright when it comes to science, politics, grammar, geography, world affairs, music, general knowledge... not so bright with household finances (just bores him I think, never worked out if he just acts this way lol)
    The details that the mortgage co gave me were mostly what we'd agreed beforehand though. Phew!

    So if we move before September we need to port our existing mortgage and have a second mortgage or we'd have to pay the erc. At the end of August we can then combine the two. What hassle for one month. They should have just waved the erc but rules is rules. The deposit was £1,000 more but we were going to save £2000 anyway for EF so at least it'll stop us spending it

    Sorry, no wonder I come on here to blah about finance, tis very boring for real life friends.

    Just got to wait for the Ok now. Eek!
    • Elephantchunks
    • By Elephantchunks 2nd Jun 17, 7:32 PM
    • 110 Posts
    • 593 Thanks
    Elephantchunks
    Hello diary!
    I've been stressing a lot this week over surveys, solicitors and search results.
    Last night DH bought home flooring catalogues from a mate (mates rates ) and I'm back to being super excited .
    All is fine really, it's an old house so insurance and an emergency fund will be grand
    • Thisgirlcan
    • By Thisgirlcan 2nd Jun 17, 9:14 PM
    • 11 Posts
    • 44 Thanks
    Thisgirlcan
    How exciting! I hope it all comes together soon, sounds like you're on track with your plans!
    • smallholdingsister
    • By smallholdingsister 2nd Jun 17, 9:15 PM
    • 3,557 Posts
    • 27,742 Thanks
    smallholdingsister
    Hello Elephant. Also moving, I feel your pain on the telephone appointment!

    I feel like each thing we do is a hurdle to be got over.
    • Dogbooks
    • By Dogbooks 2nd Jun 17, 9:18 PM
    • 32 Posts
    • 80 Thanks
    Dogbooks
    I'm glad you had a lovely holiday away!

    How are you getting on with your budgets so far? Some people like to put their saving goals as part of their signature and then you can see progress you've made

    Hopefully the rest of the process goes smoothly (and quickly!!) for you!
    Goals for 2017:
    • Complete purchase of house
    • Save emergency fund- £1200/ £9300
    • Elephantchunks
    • By Elephantchunks 3rd Jun 17, 7:02 PM
    • 110 Posts
    • 593 Thanks
    Elephantchunks
    Thisgirlcan, Smallholding and Dogbooks - Thank you for popping in and for your support I really appreciate it I will check out your threads.

    You're right Dogbooks I need to keep on top of this budget!

    Here is my short term monthly budget:
    Food - £98.36/£300 full freezer so should be less next week
    Petrol - £20.11/£125
    Cigs - £13.62/£65
    Fun me - £12.05/£100 Cinema-Pirates of Caribbean. Johnny Depp-Mnom
    Fun DH - £12.05/£100 Cinema-Pirates of Caribbean
    Driving lessons - £25/£225
    Extra saved - £40 from change vase

    We have been for ANOTHER drive by of the new house today. They could get a restraining order on us at this rate
    • smallholdingsister
    • By smallholdingsister 3rd Jun 17, 7:12 PM
    • 3,557 Posts
    • 27,742 Thanks
    smallholdingsister
    Its too tempting isn't it?!
    • Elephantchunks
    • By Elephantchunks 3rd Jun 17, 7:22 PM
    • 110 Posts
    • 593 Thanks
    Elephantchunks
    Its too tempting isn't it?!
    Originally posted by smallholdingsister
    It really is! We promised ourselves not to explore (walking) any more until we move. It seems driving around it and the local villages is allowed though
    Live a lot. Love a few. Always paddle your own canoe.
    • MortgageFreeMimi
    • By MortgageFreeMimi 3rd Jun 17, 11:47 PM
    • 49 Posts
    • 214 Thanks
    MortgageFreeMimi
    We did lots of drive-bys! We were shown round by the vendors not the EAs which I hated every other time it happened with other houses but they were nice and unsalesy and left us alone to explore. But they would definitely have recognised us going at 3mph staring in at them and commenting on the state of the roof.

    And £40 from change vase is excellent!
    Mortgage £225k May 2017 - aim to pay off by Christmas 2026 - MFW 2017 #118
    Outstanding mortgage: £218,478
    2017 target £5,800 / £11k
    Cash reserve target £2,506.62 / £10k
    S&S ISA £6,664/ £20k
    MF1 August 2016. approx (£152k start Jan 2009)
    • Elephantchunks
    • By Elephantchunks 10th Jun 17, 1:04 PM
    • 110 Posts
    • 593 Thanks
    Elephantchunks
    Oops I've been absent as no money saving has been done.

    Here is my short term monthly budget:
    Food - £164.83/£300. £66.47 this week. This is more than half with 3 weeks left. Need to sort this.
    Petrol - £38.79/£125. Looking good.
    Cigs - £41.22/£65. Eek!
    Fun me - £32.05/£100. £10 grandad gift. £10 Xmas saver.
    Fun DH - £12.05/£100. £0 This week.
    Driving lessons - £50/£225
    Extra saved - £0. Need to do some ebaying.

    I've never done this properly before. DH doesn't do receipts so now all the money is in 1 bank and I can just go on the bank account and work out where its all gone at the end of the week. It's working

    Plan - Buy enough freezer food, snacks and lunches to last 3x weeks so we can stop using the convenience store other than for bread, milk and fruit. Have as many NSD as possible.
    Live a lot. Love a few. Always paddle your own canoe.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

5,064Posts Today

7,503Users online

Martin's Twitter