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  • FIRST POST
    • themadvix
    • By themadvix 10th Mar 12, 9:51 AM
    • 1,352Posts
    • 8,106Thanks
    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!!!8217;re all so friendly and positive that it!!!8217;s an inspiring place to !!!8216;hang out!!!8217;), my fiance and I completed on our first house yesterday!

    It!!!8217;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!!!8217;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!!!8217;t be moving in until June as the house needs some work doing and we!!!8217;re getting married in June so it seemed to be a sensible option (as we both currently live with our parents!!!8230;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!!!8217;t expect to be making much in the way of overpayments for a while (but this won!!!8217;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!!!8217;m hoping he!!!8217;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!!!8217;re already a very MSE couple having been saving for so long !!!8211; 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!!!8217;m paying the energy bills we!!!8217;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!!!8217;re back from our honeymoon, I!!!8217;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!!!8217;t our forever home and one day we!!!8217;d like to build our own environmentally friendly home! But more of that in the future!!!8230;
    Last edited by themadvix; 21-11-2016 at 5:06 PM. Reason: Because I got the interest rate wrong!!
Page 44
    • try harder
    • By try harder 6th Feb 18, 2:25 PM
    • 678 Posts
    • 2,516 Thanks
    try harder
    Have a wonderful time themadvix ,im very envious .

    Well done too on the groceries target £75 will be amazing if you can do it .
    • ch4rly2002
    • By ch4rly2002 6th Feb 18, 3:24 PM
    • 348 Posts
    • 1,450 Thanks
    ch4rly2002
    Have a good time
    Savings: Aim £13.5k. Dec 2016 £1,700 / Feb 2018 £12,350
    Mortgage: Dec 2014 -£216,000 / Feb 2018 -£192,200
    BTL Mortgage: Dec 2014 -£136,000/ Feb 2018 -£123,400
    CC 0%: Nov 2016 -£4,500 / Feb 2018 -£3,368.27
    Loan to In-Laws: Sep 2010 -£48,185.82 / Feb 2018 -£30,315.49
    Student Loan: March 2011 -£18,275.04 / April 2017 -£14,003.85
    • Karmacat
    • By Karmacat 6th Feb 18, 5:48 PM
    • 28,542 Posts
    • 161,088 Thanks
    Karmacat
    Have a wonderful time! No idea what the weather is over there, but the welcome will be warm as ever
    Retired August 2016
    • newgirly
    • By newgirly 6th Feb 18, 9:13 PM
    • 6,114 Posts
    • 42,246 Thanks
    newgirly
    Hope you enjoy Aladdin, Dd went last year and loved it
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • themadvix
    • By themadvix 13th Feb 18, 11:29 AM
    • 1,352 Posts
    • 8,106 Thanks
    themadvix
    Hi Folks!

    Thanks for all your good wishes. Aladdin was excellent and we had a wonderful time in Ireland - it's such a beautiful country and we'll definitely be going back. The wedding was *very* swanky (no. 1 hotel in Ireland on Tripadvisor, a soup course, a choice of mains and a free bar.... with cocktails!). I hate to think how much it cost!!!

    We used the kitchen in our cottage to our advantage - ate in the first night, had lunch in on the Friday and cooked ourselves breakfasts on the Sat and Sun (as well as the other days, but we could have been tempted to go out for a cooked breakfast). Food out was not cheap though and we drank more than normal as we were within walking distance of the town (and it's Ireland, it would be rude not to!). It's safe to say we spent less than BIL and GF who we shared the house with. I won't say any more...

    Work is super busy now, hence why I didn't post yesterday. That's my main focus for money-saving at the moment - making hay while the sun (metaphorically!) shines.

    Lots of MS things; lots and lots of steps (28k one day) and even more gratitudes, but less yoga, kitty play and podcasting to report... When this week is out the way things should improve - carpet down Friday, grant application (for Guide hut) deadline Weds, work deadline Weds... once they're done I'll get back to the plan!

    Happy Tuesday all (nearly wrote Monday!) x
    OPs 2017 = £3103
    S&S ISA 2017 = £626
    OPs 2016 = £6142.12
    Starting balance 2012: £132000; balance Dec 2017: £96,822
    MFW2017 no. 38
    • try harder
    • By try harder 13th Feb 18, 12:14 PM
    • 678 Posts
    • 2,516 Thanks
    try harder
    Lovely to see you back and so pleased that you had such a great time in Ireland ,i have missed you though and your daily updates
    • newgirly
    • By newgirly 13th Feb 18, 6:48 PM
    • 6,114 Posts
    • 42,246 Thanks
    newgirly
    The wedding sounds great!
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • themadvix
    • By themadvix 14th Feb 18, 12:45 PM
    • 1,352 Posts
    • 8,106 Thanks
    themadvix
    Hi All,

    Things are back on a more even keel today - I've even had time to make bara brith and I'm popping out for lunch with Dad (his treat ).

    Had to buy eggs and a couple of other bits - DH spent £7.84 and I spent £1.97 so total is now £22.78. There's a veg box arriving tomorrow so that's another £13.50 and annoyingly I forgot to cancel today's milk last night (veg box includes milk, so now we're going to be swimming in it). With all that's going on, I'm not going to beat myself up about it.

    DH has been cracking on with the decorating in the evenings, while I've been working, so we're getting there (carpets arrive Friday!). Hopefully I'll be able to help him with this tonight. Submitted grant application for Guide hut this morning too.... and breathe....

    Work is now all submitted, although I expect there'll be plenty more on the way from one of my clients. The schedule for 2018 is looking pretty good from the client I've had the rush job on for, so things are looking up!

    MS things:
    * VB now at pay out, so that should arrive next month
    * YG survey
    * Work, work, work
    * Resisted temptation to order takeaway last night (determination to keep to budget helped) - and we had a lovely chilli instead (although the cooked frozen kidney beans had melded together - they've been in there a while - so now there's lots of kidney beans on the menu!)
    * Leftovers for me for tonight and turkey curry from freezer for DH

    NY resolutions:
    * the least said here, the better, although I did work standing up/walking some of yesterday - better today, hopefully.

    Gratitudes:
    * Lunch with Dad
    * Mum popping round later (enticed with bara brith )
    * Lovely snuggly new jumper bought in Ireland - a proper Aran and paid for from birthday money (it wasn't cheap) - a further addition to my natural fibres wardrobe.
    OPs 2017 = £3103
    S&S ISA 2017 = £626
    OPs 2016 = £6142.12
    Starting balance 2012: £132000; balance Dec 2017: £96,822
    MFW2017 no. 38
    • themadvix
    • By themadvix 15th Feb 18, 9:43 AM
    • 1,352 Posts
    • 8,106 Thanks
    themadvix
    Morning all,

    Was painting woodwork (and the radiator - urgh) until 10 last night, and there's more to get done this morning.... so I'm here instead :P Nearly there though, at last, so I can put up with it for a little bit longer. It will be so lovely to have all the furniture back in the rooms it belongs in by the end of Saturday - it's not been like that since before we started the kitchen.

    Dinner was very much of the fuel variety last night, so we still haven't had pancakes! Maybe tonight? Although we'll still have some painting to do, so maybe not. (We don't 'do' Valentine's day, so haven't missed anything on that front). I'm making A Girl called Jack's carrot, onion and kidney bean burgers for dinner tonight (now you know DH!) to use up some of the kidney beans. And I intend to make a batch of the carrot, onion and bean soup too.

    MS things:
    * Had a good run on PA last night - a few £ in there
    * Caught up on OP too - over £15 now
    * MS rewards, small bit of SBs and couple of decent VB surveys too - upping what I'll receive next month
    * NSD today, I expect - no car, plenty of food in, lots of painting to do

    NY resolutions:
    * Steps - didn't have fitbit on when I went out yesterday (whoops) or in evening, but still managed over 5k, so pleased with this
    * Kitty playtime - I can't take credit as I was still painting but DH played with the kitties (we discovered they stole a feather off of the frenzy.... and hid it under a sofa. Imagine much fun was had overnight with this.)

    Gratitudes:
    * Lovely catch up with Dad over lunch in the pub yesterday
    * Mum popped up later for some bara brith (both parents now bored with the raptures over Ireland!)
    * Great selection of veggies in the veg box - looking forward to using them

    Have a good day all, can't believe it's Thursday already!
    OPs 2017 = £3103
    S&S ISA 2017 = £626
    OPs 2016 = £6142.12
    Starting balance 2012: £132000; balance Dec 2017: £96,822
    MFW2017 no. 38
    • Karmacat
    • By Karmacat 15th Feb 18, 10:22 AM
    • 28,542 Posts
    • 161,088 Thanks
    Karmacat
    Sounds good, madvix! Loving the feather off the frenzy

    Painting till 10 at night ... were you okay with the fumes? I'd do it with emulsion if I had the energy, not sure about woodwork/metal paint though. I bet you know the right "variety"
    Retired August 2016
    • edinburgher
    • By edinburgher 15th Feb 18, 11:21 AM
    • 10,889 Posts
    • 58,137 Thanks
    edinburgher
    Sounds like a very productive day madvix - love the Jack Monroe burgers - once of the tastiest meals you can make that costs next to nowt!
    • themadvix
    • By themadvix 15th Feb 18, 12:48 PM
    • 1,352 Posts
    • 8,106 Thanks
    themadvix
    Ooh, that's good to know Ed - am looking forward to them now. Certainly will be cheap - I bought the onion and carrot (despite onions arriving in veg box today, whoops) yesterday for 14p - I'm amazed you can get anything for that these days!

    KC - the fumes from the radiator paint weren't too nice, but it didn't take long and then I left the room (with the door firmly shut - cats stuck to radiator was not something I wanted to see!). The woodwork was satin paint, so low VOCs and much nicer to deal with. Thanks for your concern though
    Last edited by themadvix; 15-02-2018 at 1:00 PM.
    OPs 2017 = £3103
    S&S ISA 2017 = £626
    OPs 2016 = £6142.12
    Starting balance 2012: £132000; balance Dec 2017: £96,822
    MFW2017 no. 38
    • newgirly
    • By newgirly 15th Feb 18, 5:52 PM
    • 6,114 Posts
    • 42,246 Thanks
    newgirly
    I've made those too -very nice
    MFW 21
    Target for 2018 £40k/£3769.26 paid so far

    Mortgage £43,856 4yrs 4 mths left. Total owed £58,228.74 planning to clear in 15 months
    Weight loss target 2018- 21lb /5 lb lost
    • Watty1
    • By Watty1 15th Feb 18, 10:06 PM
    • 2,971 Posts
    • 21,129 Thanks
    Watty1
    Another fan of those burgers.
    Mortgage at start of diary Sept 2013: £132,995 Aug 2015 £0
    Overpaid next mortgage. £79,491 down to £27152
    Changing focus for now
    • Kittenkirst
    • By Kittenkirst 16th Feb 18, 3:38 AM
    • 1,765 Posts
    • 9,467 Thanks
    Kittenkirst
    Oooh Im tempted to try those burgers with all these recommendations. I do love jack Monroes recipes

    Ireland sounds lovely- a free bar?!?! Sounds dangerous to me!
    2018 MFW #20 - OP £669.60/ £3000 22% Jan: £417.42 Feb: £252.18

    Emergency fund £4K/ £6k
    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    Overpayments 2016 £255.50 2017 £2600.40
    • themadvix
    • By themadvix 16th Feb 18, 12:31 PM
    • 1,352 Posts
    • 8,106 Thanks
    themadvix
    I can confirm, the burgers were tasty, we'll definitely be having them again.

    KK - yes, I think it probably did get messy, but we left about midnight as I had a headache (so neither of us took advantage of the bar, disappointingly!). The bride and groom were still up at 5.30!

    Carpets are now fitted, hooray, so returning furniture to the rooms can begin - hooray! This morning has largely been taken up with preparing for that and some work. Am waiting on another person to come for the item I'm selling on FB - think this is the 4 to say they're coming.... they were meant to be here at 11, now 1.... we'll see. If he turns up it's a tenner for OP fund (probably, it's DH's item, probably should let him choose what to do with the money!).

    MS things:
    * VB polls, MS rewards
    * £10 Starbucks claimed from SBs and £10 Argos voucher claimed from S&S for bathroom scales I want to buy. We've got a backlog of Leisure Vouchers from S&S and I'm not sure what to get with the rest of the balance - I'll guess we'll just have to force ourselves to eat out!

    NY resolutions:
    * steps 9800 yesterday - but I was too tired to finish!
    * Kitty playtime donw
    * Now carpets are down and house will return to semblance of normality (for here anyway), there'll be room to do yoga!

    Gratitudes:
    * To DH's Nan, whose generous Christmas present has paid for the carpets without us having to work out where the cash was coming from
    * To ginger cat for a lovely cuddle - he was terrified of the carpet fitters, so once he'd come out from hiding he plonked himself on me
    * For finishing the decorating at long last (there's a few bits of snagging, but that's not the same as the disruption of whole rooms being out of action
    * Sunshine - about to put my washing out!

    Happy Friday everyone!
    OPs 2017 = £3103
    S&S ISA 2017 = £626
    OPs 2016 = £6142.12
    Starting balance 2012: £132000; balance Dec 2017: £96,822
    MFW2017 no. 38
    • Karmacat
    • By Karmacat 17th Feb 18, 9:16 AM
    • 28,542 Posts
    • 161,088 Thanks
    Karmacat
    Loving those very specific gratitudes
    Retired August 2016
    • themadvix
    • By themadvix 19th Feb 18, 1:26 PM
    • 1,352 Posts
    • 8,106 Thanks
    themadvix
    Happy Monday all!

    We had a very busy weekend putting the house to rights, baking and a bit of a walk and some family visiting time. For the first time in 6 years I feel like I actually have a 3-bedroomed house - it's wonderful! And all fairly tidy too now!

    Have offered a load of leftover decorating/electrical bits to friends, but they don't seem interested, so they'll be going on Ebay/FB/car boot pile and then eventually Freecycle. Also had a clear out of some CDs/DVDs, so will investigate what we'll get for them from MM and co, or ebay for the rarer ones.

    More excitingly, the annual mortgage statement came today Despite having a terrible year workwise for me, and redoing the kitchen and decorating three other rooms, we've managed to pay off £8367, which isn't too bad. Most importantly, we're under £100k now, which psychologically seems to make a huge difference. Here's hoping this time next year, I'll be announcing a reduction of even more - it seems doable with a prognosis of more work, no more decorating and hope of a payrise for DH, even after we've saved the necessary money for moving costs etc.

    MS things:
    * TCB on *ahem* takeaway on Saturday night (DH paid, he didn't feel well and fancied pizza and it was our 15 year anniversary of being together).
    * Meal out (see above anniversary excuse) last night cost £2 real money (tip) due to S&S vouchers. Unfortunately it wasn't the greatest meal, but I did get half the money back for my food.
    * MS rewards, VB poll, YG survey, SBs (limited to a couple of bucks daily now) done
    * S&S and FOTG submitted
    * Stuff to sell sorted out but still needs listing

    NY resolutions:
    * 11k steps yesterday, 8k and 7k respectively the other days (but there was a lot of hard work happening with them!)
    * Kitty playtime - yes!
    * Must, must must get back to yoga and podcasts

    Gratitudes:
    * A finished house! It's amazing how happy this has made me!
    * The favour from the wedding - a Greek-Cypriot biscuit/cake thing (groom was G-C) - nutty and delicious!
    * Mortgage statement joy!

    Have a good afternoon all! x
    OPs 2017 = £3103
    S&S ISA 2017 = £626
    OPs 2016 = £6142.12
    Starting balance 2012: £132000; balance Dec 2017: £96,822
    MFW2017 no. 38
    • ch4rly2002
    • By ch4rly2002 19th Feb 18, 1:42 PM
    • 348 Posts
    • 1,450 Thanks
    ch4rly2002
    Lovely post, lots of great gratitudes there

    Congratulations on having a finished house! That is wonderful news, and I can imagine how nice that must feel after all the work you've put into it. Well done on getting under £100k too, what a marvelous achievement / milestone!

    Happy anniversary as well! I agree, a take away and meal out are needed to celebrate... at least you got TCB on the take away and used vouchers for the meal out - lovely celebration and MSE savvy, what's not to like?! x
    Savings: Aim £13.5k. Dec 2016 £1,700 / Feb 2018 £12,350
    Mortgage: Dec 2014 -£216,000 / Feb 2018 -£192,200
    BTL Mortgage: Dec 2014 -£136,000/ Feb 2018 -£123,400
    CC 0%: Nov 2016 -£4,500 / Feb 2018 -£3,368.27
    Loan to In-Laws: Sep 2010 -£48,185.82 / Feb 2018 -£30,315.49
    Student Loan: March 2011 -£18,275.04 / April 2017 -£14,003.85
    • themadvix
    • By themadvix 19th Feb 18, 1:44 PM
    • 1,352 Posts
    • 8,106 Thanks
    themadvix
    Thanks Charly!

    When I say 'finished', there's a lengthy snagging list.... but at least all the rooms are now functioning as rooms!
    OPs 2017 = £3103
    S&S ISA 2017 = £626
    OPs 2016 = £6142.12
    Starting balance 2012: £132000; balance Dec 2017: £96,822
    MFW2017 no. 38
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