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  • FIRST POST
    • themadvix
    • By themadvix 10th Mar 12, 9:51 AM
    • 1,149Posts
    • 6,641Thanks
    themadvix
    Finally I have a mortgage I can start to pay off!
    • #1
    • 10th Mar 12, 9:51 AM
    Finally I have a mortgage I can start to pay off! 10th Mar 12 at 9:51 AM
    Hi Everyone,
    Having been a long time lurker on this board whilst saving for a house deposit (you’re all so friendly and positive that it’s an inspiring place to ‘hang out’), my fiance and I completed on our first house yesterday!

    It’s a three-bedroomed terraced house in Hertfordshire (hence the long saving period) with an 80% LTV mortgage of £132,999 with Natwest, fixed for 2 years at 3.79%.

    There’s just the two of us (and our new two fish, Rosie and Jim, inherited with the house!), but I work from home, hence the need for a third bedroom as office space. We won’t be moving in until June as the house needs some work doing and we’re getting married in June so it seemed to be a sensible option (as we both currently live with our parents…tragic I know in my late 20s, but nice mortgage rate as a result).

    Obviously with house needing work and a wedding looming, I don’t expect to be making much in the way of overpayments for a while (but this won’t stop me rounding numbers down or transferring small bits across). Another issue is that although DF is employed (and hopefully about to get a new job in the company ), I am self-employed and therefore my income varies drastically from month to month. However, I have built up a fairly solid client base over the last five years, and especially in the last year, so I hope that this will continue to improve and that I will be able to contribute to overpayments.

    DF is the spreadsheet nut, so I’m hoping he’ll get it set up for me so I can play with figures soon (although I have no idea what a pivot table is and am not convinced I need to know! ) We’re already a very MSE couple having been saving for so long – we cashback, do surveys, shop around, get the freebies that are relevant to us and have already (having gone to the house last night) established that if I’m paying the energy bills we’ll be living in a cold house! In all seriousness though, we are both on board with the idea of overpaying the mortgage - it just makes sense!

    So, for the moment this diary will be a place to record the small things I do as well as the little overpayments I make (once my mortgage shows up in online banking!). Once June has flown past and we’re back from our honeymoon, I’ll get a grip on income and expenditure and work out an SOA and how much we can regularly overpay.

    Vicky

    PS Long, long term, this isn’t our forever home and one day we’d like to build our own environmentally friendly home! But more of that in the future…
    Last edited by themadvix; 21-11-2016 at 5:06 PM. Reason: Because I got the interest rate wrong!!
Page 23
    • themadvix
    • By themadvix 4th Apr 17, 9:10 AM
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    • 6,641 Thanks
    themadvix
    You're so right about it being tiring TH, although I console myself with the thought that it's probably better for me! But I am definitely hoping she can work some magic!
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
    • ch4rly2002
    • By ch4rly2002 4th Apr 17, 9:28 AM
    • 252 Posts
    • 1,061 Thanks
    ch4rly2002
    Ouch, the sciatic nerve means business. I'm sorry to hear you're in pain and I hope the osteopath sorts it. There is nothing more important than health so it's totally worth the money!

    Well done with the interest - and managing to hold out for the 5% rather than making an OP... I imagine it must be burning a hole in your virtual pocket! The PB win was good to... yes, not quite £1m, but still a win We haven't had a win yet and we're getting a bit impatient watching the app tick down the days only to get "Sorry". I would be made up if one of us wins even £25 and I'm sure it'll happen one day Have you got it set to pay out the win or reinvest in more bonds?

    Hope the Ukranian and RM issues get sorted soon for you. Good luck with the car too - forums are helpful places so hopefully DH will find the answer
    Savings: Aim £13.5k. Dec 2016 £1,700 / Current £11,200
    Mortgage: Dec 2014 -£216,000 / Current -£195,420
    BTL Mortgage: Dec 2014 -£136,000/ Current -£124,790
    CC 0%: Nov 2016 -£4,500 / Current -£3,436.66
    Loan to In-Laws: Sep 2010 -£48,185.82 / Current -£31,565.49
    Student Loan: March 2011 -£18,275.04 / 29th April 2017 -£14,003.85
    • themadvix
    • By themadvix 4th Apr 17, 9:37 AM
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    • 6,641 Thanks
    themadvix
    Thanks Ch4rly - there was lots of encouragement in that post

    You'll get there with the PBs - I know how disappointing it can be when it says no though! I get the pay out, so it will go to the OP fund when it's paid. The money I keep in PBs is the 40% I put away to cover tax, NI, student loan and pension contributions - so it's not 'my' money effectively. So any wins are definitely MINE! That being said, the fund will take a hit soon, as I'll be withdrawing to pay into pension and then the July tax bill. (DH has some money in them too and hasn't won anything - it's not just you! )
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
    • themadvix
    • By themadvix 5th Apr 17, 4:20 PM
    • 1,149 Posts
    • 6,641 Thanks
    themadvix
    Am struggling with the discomfort today Osteo wasn't sure what the problem was (which is worrying!), but acknowledged there was a problem. She's given me some stretches to do and will see me again in a week. Am getting very fed up of not being able to sit down comfortably.

    In better news, there's lots of work coming my way again, from every direction. Unfortunately I think the Ukrainians were lying when they said they'd paid - it's been a week and the money hasn't arrived. I've told the debt collectors, so it's back in their court.

    Not a lot going on MFW-wise - still waiting on payment from Ukraine before I commit the OP fund to an actual OP... Haven't done much in the way of surveying today as am just too fed up (and busy with work). DH is in charge of dinner tonight - he's had plenty of notice so it shouldn't be takeaway, but will almost certainly involve shopping as we don't have much in!

    Had a rubbish response from RM surveys - apparently I'd accepted an invite to another programme but hadn't qualified as I wasn't the right postcode, so they've generously put me back on the panel waiting list.... I did no such thing, but I'm guessing it would be a bit odd/off to argue with them about this.

    Things to be grateful for:
    * I still have my legs!
    * Neither Dr (seen today) nor osteo think it's anything 'serious'
    * Lots of work (to pay for osteo!)
    * Might go for a drive in the mini this evening (visiting a potential cattery)

    Sorry, positivity will be back soon, I hope!
    Last edited by themadvix; 05-04-2017 at 4:23 PM.
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
    • Busy Mee1
    • By Busy Mee1 5th Apr 17, 5:12 PM
    • 438 Posts
    • 1,727 Thanks
    Busy Mee1
    Sorry to hear about the sciatica Madvix, I also suffer and manage it with a combination of exercise and painkillers. I find if I don't exercise it gets worse-.pilates is particularly helpful for me.
    • themadvix
    • By themadvix 5th Apr 17, 5:24 PM
    • 1,149 Posts
    • 6,641 Thanks
    themadvix
    Thanks BusyMee... although I'm not sure if it is sciatica now - I think the osteo would have sussed that out. I do think I need to do some muscle strength exercise though.
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
    • themadvix
    • By themadvix 6th Apr 17, 1:21 PM
    • 1,149 Posts
    • 6,641 Thanks
    themadvix
    Feeling much, much better today - have been able to sit down for much of the morning without being in too much discomfort. It's still there, but way better than it was. Have been doing some pilates too, from YouTube - thanks BusyMee.

    Aaanyway... back to the money saving!

    DH and I opened a joint Santa Lite account last night so we can get cashback on our mortgage payments. It was remarkably easy and the account showed instantly in my online banking... that doesn't seem right somehow! Have transferred mortgage and TV licence as the two DDs and payment for mortgage will cover minimum monthly pay in. So hopefully, after fees, that should net us ~£6/month.

    We also visited a cattery last night. We've used one before, but had problems with it, but when we go away for more than a couple of days it's stressful (for me!) leaving the cats in the house by themselves - especially with the latest fashion of not peeing in the litter tray. While not intentionally money-saving, I think we'll save £1.50 per day using the new cattery (which seemed good and the lady very nice) over the cat sitter (who we'll continue to use for shorter breaks).

    We're off to Ikea tonight - need some new doormats (ref: cats pee above!) and so we'll be eating there for free

    Have had loads of work yesterday and today, so things seem like they're back on a more even keel. Am eagerly awaiting the arrival of TSB RS interest, due to be paid tonight - I know how to have fun!

    Things to be grateful for:
    * Pain in leg is reduced
    * Gorgeous sunny day (washing is on line)
    * Ikea tea later for date night
    * Watching the ospreys

    Have a good afternoon all!
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
    • ch4rly2002
    • By ch4rly2002 6th Apr 17, 2:30 PM
    • 252 Posts
    • 1,061 Thanks
    ch4rly2002
    I'm glad to hear the back's on the mend. Here's hoping it continues to improve

    Well done on the inadvertent cattery saving and cashback account.. as they say, every little helps. I know what you mean about it being hard to find a good cattery. We found a great one near Holmfirth, but now my mum is in a position to stay at our house to look after him so we don't need it but if it ever is needed again, I would go to her every time. We found a great one in Nottingham too when we lived there, and it makes so much difference. Believe it or not, the cat sulks with us after he's been in a cattery (or not had what he deems to be enough treats!) so I can tell if he's had a good time or not. It really helps to put your mind at rest and enjoy the holiday more when you know your cat's beign taken care of well
    Savings: Aim £13.5k. Dec 2016 £1,700 / Current £11,200
    Mortgage: Dec 2014 -£216,000 / Current -£195,420
    BTL Mortgage: Dec 2014 -£136,000/ Current -£124,790
    CC 0%: Nov 2016 -£4,500 / Current -£3,436.66
    Loan to In-Laws: Sep 2010 -£48,185.82 / Current -£31,565.49
    Student Loan: March 2011 -£18,275.04 / 29th April 2017 -£14,003.85
    • themadvix
    • By themadvix 7th Apr 17, 6:11 PM
    • 1,149 Posts
    • 6,641 Thanks
    themadvix
    Well today has just been one of those days! Faster payments wasn't working this morning when I was trying to sort accounts out (including moving annual interest around and monthly money shuffle and opening new accounts). I gave up in the end but have just sorted it all out.

    Now we have a Santa lite a/c we qualify for a 5% RS, so have opened that to transfer some of my buffer fund into. The most of the rest is either in TSB a/c or moving slowly into a Nw RS from an account earning 0.75% - it's not great but it's not bad for instant access and it's straightforward to deal with.

    Have finally settled my cc bill from last month - had to 'borrow' from buffer fund, but that's what it's there for. The way things are going with work, paying it back next month should be fine. Will be making an OP tomorrow - I've run out of steam now!

    Sold a couple of small bits on the bay, so money in the pot there and have cashed out again on Prolific, so when that arrives it can start the next OP fund.

    JL rang to book in carpet delivery today - hoo-flippin'-ray!! I hadn't received the vouchers promised, so asked about them. They'd been sent 2 days previous. Had a phone call shortly after I'd spoken to JL, from my Dad, who'd just signed for.... you guessed it... the JL vouchers. I was not impressed... Having checked the address for delivery of the carpet (which was correct), I can only assume that they're holding old data on me that they shouldn't have now. I will be writing to them about this. But not today...

    The final frustration was dealing with some formatting issues on a piece of work. In the end I gave up and dealt with what I needed to and sent it back as it was formatting-wise. Like I said, it's been one of those days!

    In better news, things seem to be moving on with RM surveys I've got my log in and have been sent the instructions, just waiting for the bits in the post now.

    Looking forward to a stir fry and a relaxing evening now Hope everyone has a good weekend
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
    • themadvix
    • By themadvix 11th Apr 17, 7:43 AM
    • 1,149 Posts
    • 6,641 Thanks
    themadvix
    Work very busy so just a quick update this morning.

    *£25 from PB win into OP fund
    *£20.99 Prolific into OP fund
    *£5 FB sale ditto
    * Won £63 on the National on Saturday - bets came from money in account for previous years (we always do this!). Left £40 in there for next year and had a takeaway with winnings (eked out over two days of course). Will add difference (~£5) to OP fund.
    * 70p VB survey yesterday (and probably others)
    * had all the bits for the RM survey including my first set of stamps

    Still haven't made OP, still waiting to receive money from Ukraine, and figure it's still earning 5%, so not to worry too much. All new accounts now set up and earning me interest on my buffer fund. The interest will be OP'd as I can't get better interest than 3% in accounts I'm prepared to have (ethical reasons for not touching Tesco, even though I know I'd be taking money off of them!).

    Gratitudes:
    * Gorgeous weekend - had a lovely long walk on Saturday with DH, with a pub drink afterwards.
    * Cuddles with niece very briefly yesterday
    * Got everything I hoped to get done at the weekend as well as all the fun stuff (thanks Chinese GP for getting us up early!)
    * Seeing osteo today - leg not better
    * Sunshine again today
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
    • Jessy103
    • By Jessy103 11th Apr 17, 11:05 AM
    • 468 Posts
    • 1,981 Thanks
    Jessy103
    Good luck at the osteo and I hope you get sorted! Take care! x
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount Oct 2017 - £61,990.00
    Overpayment Target for 2017 - £5,000 /£4,060.70
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79 July - £849.96 August - £255.11 September - £177.22 October - £381.61
    • themadvix
    • By themadvix 12th Apr 17, 4:55 PM
    • 1,149 Posts
    • 6,641 Thanks
    themadvix
    Osteo helped a lot yesterday, so hopefully we're getting there. When I saw the Dr earlier in the week he referred me for an MRI (which I'm pleased about). Osteo suggested I could get this done privately - it was 'only' £250 for her husband to have his knee scanned!! Clearly she doesn't realise I don't have insurance and am paying her out of my own pocket!

    Work continues to be busy, which is so nice after the quiet months earlier in the year (I know I'm repeating myself but it's so nice to be busy!). In addition have done a couple of surveys and the usual click and pieces. Sold another small item on the bay yesterday - really need to pop to post box, will do that after this.

    Have loads of bits and pieces to do now as we're away at a wedding this weekend and our holiday is fast approaching. Feeling more in control (and sleeping better) now I have lists in place! Have received first bits of RM stuff in post and logged them - I think this is going to be fun!

    Oh, and carpet arrived today - wahoo! Can't get it fitted until next weekend though... it's two 4-metre long rolls of it.... taking up living room at moment but can't leave it there with cats around (one will eat the plastic wrap; if we unwrap it the other will scratch it!). That will be fun to sort out!

    Gratitudes:
    Sunshine
    Spent a few hours yesterday nosing through archives
    Which reminds me - free Ancestry this weekend - worldwide!
    Three eggs on the Osprey nest
    Homemade hot cross buns

    Have a good evening all!
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
    • try harder
    • By try harder 12th Apr 17, 7:37 PM
    • 522 Posts
    • 1,667 Thanks
    try harder
    Love the sound of the hot cross buns and home made ,yummy .Glad you have your carpet at long last .
    • ch4rly2002
    • By ch4rly2002 13th Apr 17, 10:14 AM
    • 252 Posts
    • 1,061 Thanks
    ch4rly2002
    Glad the osteo helped Can the Dr refer you for a scan on the NHS? When my in-laws have paid for private consultations from BUPA in the past, they have been referred to NHS for treatment so it might be worth ringing and asking as you don't have insurance. Either way, an MRI should highlight what the issue is and hopefully should lead to a resolution. Fingers crossed it's something not too difficult/painful/slow to fix. Here's hoping for a speedy fix!

    I'm glad work is picking up, it did sounds to have gone a bit quiet so I'm sure the extra income will be welcome. Any news on the Ukraine money?

    Yay, carpet! I bet you can't wait to have it fitted. I love my cat, but less so the dilemmas he causes, such as where to keep things so he doesn't destroy them - I feel your pain.

    Thanks for the info about Ancestry, I'll take a look this weekend.
    Savings: Aim £13.5k. Dec 2016 £1,700 / Current £11,200
    Mortgage: Dec 2014 -£216,000 / Current -£195,420
    BTL Mortgage: Dec 2014 -£136,000/ Current -£124,790
    CC 0%: Nov 2016 -£4,500 / Current -£3,436.66
    Loan to In-Laws: Sep 2010 -£48,185.82 / Current -£31,565.49
    Student Loan: March 2011 -£18,275.04 / 29th April 2017 -£14,003.85
    • themadvix
    • By themadvix 13th Apr 17, 10:57 AM
    • 1,149 Posts
    • 6,641 Thanks
    themadvix
    Sorry Ch4rly, I wasn't very clear - Dr has referred me on NHS, but it'll be about 2 months. Osteo was suggesting I went privately so it would be quicker. I don't feel I need to do that at the moment, especially not at that price.

    Having cats was definitely an adjustment in terms of what we can leave around! No more flowers, unless they're in the kitchen, was the biggest disappointment I think. Although the cats more than make up for it
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
    • ch4rly2002
    • By ch4rly2002 13th Apr 17, 11:17 AM
    • 252 Posts
    • 1,061 Thanks
    ch4rly2002
    Hmmm, yes £250 is a lot to speed up something that doesn't feel urgent. As I said before, health is so important and is worth paying for when something urgent is needed to find out the issue or put it right, but if it's not urgent then waiting to have it done for free on the NHS is definitely a good option and one I would take every time! I'm afraid I don't have the luxury of being able to throw away 'only £250' on non-urgent treatment either. I know the NHS get a bad press, but I am really grateful for living in a country where we have access to free health care, and yes there may be a bit of a wait, but it's there when we need it. That said, I hope you don't have to wait too long
    Savings: Aim £13.5k. Dec 2016 £1,700 / Current £11,200
    Mortgage: Dec 2014 -£216,000 / Current -£195,420
    BTL Mortgage: Dec 2014 -£136,000/ Current -£124,790
    CC 0%: Nov 2016 -£4,500 / Current -£3,436.66
    Loan to In-Laws: Sep 2010 -£48,185.82 / Current -£31,565.49
    Student Loan: March 2011 -£18,275.04 / 29th April 2017 -£14,003.85
    • themadvix
    • By themadvix 13th Apr 17, 11:18 AM
    • 1,149 Posts
    • 6,641 Thanks
    themadvix
    Totally agree!
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
    • Karmacat
    • By Karmacat 13th Apr 17, 11:28 AM
    • 28,166 Posts
    • 155,135 Thanks
    Karmacat
    Totally agree!
    Originally posted by themadvix
    Me too! And one time, when I had an investigation done privately (my mother sent me the money ) integrating that into NHS treatment was horrendous - the receptionists were very aggressive, and politics and political beliefs played a much larger part than they had any right to Grim, but true. It was only a scan for arthritis too, and could only have sped up the process by a month or so. Definitely wasn't worth the upset - I'm sure your decision is right.

    Interesting about the adjustment when having cats. The biggest that I had to make was standing still while chopping veg etc in the kitchen - they had a habit of sitting right behind me
    Retired August 2016
    • themadvix
    • By themadvix 13th Apr 17, 12:20 PM
    • 1,149 Posts
    • 6,641 Thanks
    themadvix
    I've often wondered how/whether NHS and private treatment dovetail KC, so thanks for that illuminating tale

    I think it's our cats - one is completely food obsessed, they're both big boys and they're both in the house all the time (that wasn't the original plan, but the situation changed). So they're liable to knock things over, break into the kitchen and eat anything that is lying around. We have to be very very careful with the occasional plastic bag that makes it into our house - if left around it will disappear until it reappears a couple of weeks later (it doesn't through, just comes back up - sorry, TMI!). It's very frustrating. I now worry that when we do move and I want to let them out, the plastic eater will eat things that we don't know about Other people's cats always seem so well behaved!!
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
    • themadvix
    • By themadvix 19th Apr 17, 4:15 PM
    • 1,149 Posts
    • 6,641 Thanks
    themadvix
    Still here, just very busy all of sudden - both work and life! Had a lovely Easter weekend - wedding on the Saturday, halfway up the country, so away Fri-Sun, not cheap but a really good time and bargainous Premier Inn instead of posh wedding hotel (even with cabs it was cheaper for 2 nights at PI than one night at hotel!). Spent Monday with DH's family and new niece.

    Planning on doing car boot on Saturday, so making sure I've been through everything to check there's nothing else to get rid of! Carpet being fitted Fri evening - at last!

    Too many things to be grateful for to list at the moment, but I am noting them!
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
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