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  • FIRST POST
    • muddywhitechicken
    • By muddywhitechicken 12th Oct 12, 10:29 PM
    • 3,511Posts
    • 32,346Thanks
    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 275
    • apple muncher
    • By apple muncher 4th Sep 16, 2:21 PM
    • 5,155 Posts
    • 37,375 Thanks
    apple muncher
    Yikes! Hope the ice + tablets do the trick.
    NST Sept #8; 2016 Pay off: £1975/£3980
    2016 sell 276.25/1000

    Mortgage £33,979 (01/14: £78,201; 01/15: £59,629; 01/16 39,915) MFWDate Dec 2018
    • muddywhitechicken
    • By muddywhitechicken 4th Sep 16, 8:46 PM
    • 3,511 Posts
    • 32,346 Thanks
    muddywhitechicken
    ...our plans for today include:

    A lazyish morning catching up on life admin whilst drinking copious mugs of tea - done
    Tidy the house - it looks like we've been burgled - done, "found" £100 of B&Q vouchers that I thought I had spent
    Tidy the shed - done
    Pressure wash the chicken coop - done, got drenched, found red mite
    Pick raspberries, cherry tomatoes and purple beans - no, Mr MWC will need to do this tomorrow
    Go for a walk and pick elderberries - no, I will need to do this tomorrow evening
    Originally posted by muddywhitechicken
    Mr MWC is still sore

    I haven't chipped my nail polish so my nails still look lovely

    Eggs IN 8 including 3 green eggs so 1 today, 1 yesterday after we collected eggs + 1 on the roosting bars that could be a few days old...
    Eggs OUT 0
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,500
    Current total overpayments: £103,675
    • earthgirl
    • By earthgirl 4th Sep 16, 9:08 PM
    • 1,925 Posts
    • 15,595 Thanks
    earthgirl
    Oh no to red mite, hope you manage to get rid of it quickly. £100 Bnq vouchers - what a bonus!
    15/5/12 Paid off Mortgage 1 (£220k)
    Dec 13 - £116,508 Bought Dream House
    Dec 14 - £94, 402 (£22,106 offset in 2014)
    Jan 16 - £67, 852 (£26,550 offset in 2015)
    Sept 16 - £51,174
    Kids savings 11.8/36k
    • muddywhitechicken
    • By muddywhitechicken 4th Sep 16, 9:41 PM
    • 3,511 Posts
    • 32,346 Thanks
    muddywhitechicken
    Oh no to red mite, hope you manage to get rid of it quickly.
    Originally posted by earthgirl
    Fingers crossed. I'm all itchy just thinking about it! A three-pronged attack using poultry shield cleaner & sanitiser, total mite kill insecticide spray and a liberal dusting of diatom in coop and on The Girls.

    £100 Bnq vouchers - what a bonus!
    Originally posted by earthgirl
    I shall use them to buy paint when we update the kitchen and living room
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,500
    Current total overpayments: £103,675
    • muddywhitechicken
    • By muddywhitechicken 7th Sep 16, 9:07 PM
    • 3,511 Posts
    • 32,346 Thanks
    muddywhitechicken
    Operation "Please Let Me Have Enough Money To Be Able To Retire At 55" has started

    All cash savings transferred to S&S ISAs and an OEIC
    Additional £250/month into my pension
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,500
    Current total overpayments: £103,675
    • katep23
    • By katep23 7th Sep 16, 9:36 PM
    • 1,123 Posts
    • 8,660 Thanks
    katep23
    Operation "Please Let Me Have Enough Money To Be Able To Retire At 55" has started
    Originally posted by muddywhitechicken
    Love it

    • Karmacat
    • By Karmacat 8th Sep 16, 10:13 AM
    • 26,272 Posts
    • 137,565 Thanks
    Karmacat
    Operation "Please Let Me Have Enough Money To Be Able To Retire At 55" has started
    Originally posted by muddywhitechicken
    Me too and I bet you do it, too

    Save
    Retired 25 August 2016

    • muddywhitechicken
    • By muddywhitechicken 8th Sep 16, 11:36 AM
    • 3,511 Posts
    • 32,346 Thanks
    muddywhitechicken
    1 week until our trip to Chicago Time for a list!

    - check weather forecast
    - check dress code for restaurant Mr MWC has booked for our anniversary
    - decide what to pack
    - do as much of the washing/drying/ironing as possible in advance (i.e. at the weekend) rather than leaving it to the last minute (again...)
    - go to the gym every day for the next 6 days and count WW points (too much cake and ice cream consumed this summer )
    - ask neighbours to chicken sit
    - check ESTAs
    - check how many $$$ we have
    - decide whether to read the LP guide book and plan an itinerary beforehand or to be spontaneous
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,500
    Current total overpayments: £103,675
    • misscousinitt
    • By misscousinitt 8th Sep 16, 2:05 PM
    • 3,238 Posts
    • 18,236 Thanks
    misscousinitt
    Always so much to do before you go away.

    You'll have a fab time though...

    MCI
    Mortgage Free x 1 03.11.2012 - House rented out Feb 2016
    Mortgage No 2: £100,144.64
    OP's to Date £1500

    Renovation Fund:£944.75; Kitchen Fund (including re-wiring): £notalotleft; Roof Fund £5000.00
    Nectar Points Balance: £31.30
    • muddywhitechicken
    • By muddywhitechicken 8th Sep 16, 2:09 PM
    • 3,511 Posts
    • 32,346 Thanks
    muddywhitechicken
    - check dress code for restaurant Mr MWC has booked for our anniversary
    Originally posted by muddywhitechicken
    Business casual... I doubt biotech business casual and big city michelin star restaurant business casual are the same thing though!
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,500
    Current total overpayments: £103,675
    • muddywhitechicken
    • By muddywhitechicken 8th Sep 16, 6:53 PM
    • 3,511 Posts
    • 32,346 Thanks
    muddywhitechicken
    So since we started thinking about a new kitchen, the fridge freezer has packed in and now the oven has blown up
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,500
    Current total overpayments: £103,675
    • gallygirl
    • By gallygirl 9th Sep 16, 11:12 AM
    • 15,930 Posts
    • 104,430 Thanks
    gallygirl
    So since we started thinking about a new kitchen, the fridge freezer has packed in and now the oven has blown up
    Originally posted by muddywhitechicken
    You didn't make the fatal mistake of talking about a new kitchen in front of them did you . What a pain
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    Mortgage Balance = £0
    "Do what others won't early in life so you can do what others can't later in life"
    • greent
    • By greent 9th Sep 16, 6:17 PM
    • 5,029 Posts
    • 50,122 Thanks
    greent
    I'm sure kitchen appliances do this deliberately - when we last changed our kitchen the wm failed totally the week before (engineer declared in not worth fixing) and the oven would work occasionally - and even then it had one temperature - burn everything to a cinder hot. Oh - and from memory I think the microwave had a little fire in it!

    Have a lovely time

    x
    Repaid mortgage early (originally 11/25) Bal 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    Net sales in 2016 £487.88/£500
    Sept grocery spends ??/ £350 NSDs 7/7
    • muddywhitechicken
    • By muddywhitechicken 9th Sep 16, 9:39 PM
    • 3,511 Posts
    • 32,346 Thanks
    muddywhitechicken
    A quick update from me as I am desperately in need of an early night

    * £5 L2S voucher received from RM unaddressed mail survey (total = £55)
    * 2 free cinema tickets (we went to see the only showing of Nick Cave's One More Time With Feeling yesterday and there was a technical hitch )
    * £20.20 on OP
    * currently at £74.34 on nectar
    * sold 4 boxes of eggs for £7

    I spent several enjoyable hours this afternoon/evening tidying the garden
    We've picked new potatoes, cherry tomatoes, purple beans, courgette, chilli peppers, rocket/endive/lettuce, parsley, basil, raspberries, strawberries and a blueberry this week
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,500
    Current total overpayments: £103,675
    • muddywhitechicken
    • By muddywhitechicken 10th Sep 16, 11:25 PM
    • 3,511 Posts
    • 32,346 Thanks
    muddywhitechicken
    Another garden-focused day - tidying the garden when it wasn't raining, planning/researching a garden makeover when it was

    I'm itching to buy the plants now but need to wait until we return from the US... *taps keyboard impatiently*

    Eggs IN 5
    Eggs OUT 12 (2 boxes given to FIL)
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,500
    Current total overpayments: £103,675
    • muddywhitechicken
    • By muddywhitechicken 11th Sep 16, 9:40 PM
    • 3,511 Posts
    • 32,346 Thanks
    muddywhitechicken
    I've had a lovely day just hanging out with Mr MWC

    Potatoes, radicchio, endive, lettuce, rocket, basil, raspberries, an apple & another blueberry picked from the garden

    Eggs IN 5
    Eggs OUT 2
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,500
    Current total overpayments: £103,675
    • muddywhitechicken
    • By muddywhitechicken 22nd Sep 16, 9:01 PM
    • 3,511 Posts
    • 32,346 Thanks
    muddywhitechicken
    It was our kind of town...
    We had a fabulous long weekend in Chicago to celebrate our 15th wedding anniversary Lots of exploring on foot (130,000+ steps ), lots of eating (pizza, hot dogs, diners, Michelin-starred restaurant for dinner on Saturday), lots of sightseeing (The Loop, Millennium Park, Art Institute, Cultural Center, Buckingham Fountain, Navy Pier, Lincoln Park, Zoo, Lakeside Trail, 606 Trail...) and no shopping!



    Pritzker Pavilion @ Millennium Park


    Cloud Gate aka The Bean @ Millenium Park


    Lurie Gardens @ Millennium Park


    Ferris Wheel @ Navy Pier


    Back home now, skint and full of cold

    Still picking lettuce, radicchio, endive, rocket, herbs, apples & raspberries from the garden

    Eggs IN 5
    Eggs OUT 6 (1 box sold for £1.50)

    And one last photo...

    The British Aisle in the supermarket near our apartment
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,500
    Current total overpayments: £103,675
    • greent
    • By greent 23rd Sep 16, 8:56 AM
    • 5,029 Posts
    • 50,122 Thanks
    greent
    Who is Barry??!??

    Sounds a fab weekend

    Hope the cold clears up soon

    xx
    Repaid mortgage early (originally 11/25) Bal 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    Net sales in 2016 £487.88/£500
    Sept grocery spends ??/ £350 NSDs 7/7
    • Pearla*Merle
    • By Pearla*Merle 23rd Sep 16, 9:23 AM
    • 1,481 Posts
    • 8,553 Thanks
    Pearla*Merle
    brilliant. Will have to keep a look out for his tea next time I'm stateside

    You packed loads in, MWC Sounds like a fabulous trip
    a penny picker upper. every penny's a prisoner!
    £26.65 til OnePoll payout! Round six! | Save £1,001/£15,000
    Normality is a paved road; it's comfortable to walk, but no flowers grow on it.
    Whatever you're meant to do, do it now. The conditions are always impossible.
    The only thing you absolutely have to know, is the location of the library.
    • Skinnylatte
    • By Skinnylatte 23rd Sep 16, 10:28 AM
    • 1,023 Posts
    • 4,217 Thanks
    Skinnylatte
    Operation "Please Let Me Have Enough Money To Be Able To Retire At 55" has started

    All cash savings transferred to S&S ISAs and an OEIC
    Additional £250/month into my pension
    Originally posted by muddywhitechicken
    Oh I'm so with you there, I want to have my mortgage paid off by 55, and be able to retire, but I'm not going to
    Mortgage @ 12/04/2015 £136121 £130,178.90 4.37%
    Mortgage free day April 2033
    Emergency Pot £2250/£6000 36.7%
    CC Balance
    £5,221.67 0% Aug 2017...Planned expense for home improvements
    LBM 02/06/2013 £21595 Debt Free Day 27/03/2015


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