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  • FIRST POST
    • muddywhitechicken
    • By muddywhitechicken 12th Oct 12, 10:29 PM
    • 3,543Posts
    • 32,667Thanks
    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 277
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 3rd Oct 16, 11:23 PM
    • 7,604 Posts
    • 84,964 Thanks
    Tilly MFW in 6 YRS
    Pay day

    £8 off a £40 spend coupon used in Waitrose + free coffee

    Mr MWC excelled himself in the kitchen this evening Joudie Kalla's lentil & beetroot salad with parsley & sumac dressing & grilled halloumi Thanks for bringing her new book to our attention Tilly

    Eggs IN 3
    Eggs OUT 6 (1 box sold for £1.50)
    Originally posted by muddywhitechicken

    That sounds mmmmmmmm xxxc
    2004 £387k 29 years - MF March 2033 2011 £309k 10 years - MF March 2021.
    Goal: 28/08/15
    • misscousinitt
    • By misscousinitt 5th Oct 16, 4:23 PM
    • 3,364 Posts
    • 18,958 Thanks
    misscousinitt
    That salad certainly does sound mmm - pity DH can't eat the halloumi.

    Great savings and OPs

    MCI
    Mortgage Free x 1 03.11.2012 - House rented out Feb 2016
    Mortgage No 2: £99,090.90 (08.11.2016)
    OP's to Date £2000

    Renovation Fund:£944.75; Kitchen Fund (including re-wiring): £notalotleft; Roof Fund £5000.00
    Nectar Points Balance: £35.49
    • muddywhitechicken
    • By muddywhitechicken 7th Oct 16, 10:07 PM
    • 3,543 Posts
    • 32,667 Thanks
    muddywhitechicken
    woohoo Mr MWC has sold some shares in his previous previous employer - they were close to a 52-week high and the weak pound has worked in our favour as it is an American company

    He will use the funds to top up his S&S, take a punt by buying his share options in his previous employer and then the rest will go to the kitchen fund

    We ate our first autumnal dinner tonight - red wine risotto with bacon, radicchio & porcini mushrooms

    This week, we've eaten radicchio, rocket, winter salad leaves and a few apples & pears from the garden

    I'm going to a cookery school tomorrow for a masterclass in middle eastern cooking

    Eggs IN 4
    Eggs OUT 0
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,000
    Current total overpayments: £104,225
    • muddywhitechicken
    • By muddywhitechicken 7th Oct 16, 10:21 PM
    • 3,543 Posts
    • 32,667 Thanks
    muddywhitechicken
    How beautiful is this?
    I've ordered my aunt some flowers for her birthday and the florist has sent me some photos I'm very pleased.



    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,000
    Current total overpayments: £104,225
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 8th Oct 16, 7:41 AM
    • 7,604 Posts
    • 84,964 Thanks
    Tilly MFW in 6 YRS
    Have a fab day today. Sounds like great fun.

    Flowers are gorgeous and brilliant news on shares.

    Sounds like kitchen fund will be full soon.

    Tilly xxxxxxxx
    2004 £387k 29 years - MF March 2033 2011 £309k 10 years - MF March 2021.
    Goal: 28/08/15
    • Pearla*Merle
    • By Pearla*Merle 8th Oct 16, 9:00 AM
    • 1,515 Posts
    • 8,777 Thanks
    Pearla*Merle
    Such a beautiful bouquet xx
    a penny picker upper. every penny's a prisoner!
    £26.65 til OnePoll payout! Round six! | Save £2950/£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.
    • Karmacat
    • By Karmacat 8th Oct 16, 9:15 AM
    • 26,543 Posts
    • 140,125 Thanks
    Karmacat
    Excellent news all round, and I love those flowers - very autumnal, very intense colours, they're great.
    Retired August 2016

    Goal: earnings of £25k from new opportunities from September 2016 to December 2020 when my state pension kicks in.
    Currently: 86.53/25,000
    Save
    • Greying Pilgrim
    • By Greying Pilgrim 8th Oct 16, 9:47 AM
    • 3,098 Posts
    • 33,547 Thanks
    Greying Pilgrim
    Beautiful flower arrangement MWC, I hope your aunt loved them too

    Could we have a report back on the cooking class - so that we can attend 'vicariously'

    Greying X
    'Ich habe genug'

    'I am not in the pursuit of happiness, only in the discovery of joy' - Joyce Grenfell
    • muddywhitechicken
    • By muddywhitechicken 8th Oct 16, 9:51 AM
    • 3,543 Posts
    • 32,667 Thanks
    muddywhitechicken
    Could we have a report back on the cooking class - so that we can attend 'vicariously'
    Originally posted by Greying Pilgrim
    Absolutely Greying - the menu is:

    Flat bread with za'atar
    Butternut squash tahini dip
    Cous Cous
    Harrisa Chicken, lemon zest, tomatoes, raisins (+ vegetarian alternative)
    Roast sweet potato with figs, feta and dill
    Seasonal fruit with orange and honey

    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,000
    Current total overpayments: £104,225
    • muddywhitechicken
    • By muddywhitechicken 8th Oct 16, 9:53 AM
    • 3,543 Posts
    • 32,667 Thanks
    muddywhitechicken
    Sounds like kitchen fund will be full soon.
    Originally posted by Tilly MFW in 6 YRS
    Indeedy - time to start planning GG
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,000
    Current total overpayments: £104,225
    • Greying Pilgrim
    • By Greying Pilgrim 8th Oct 16, 10:55 AM
    • 3,098 Posts
    • 33,547 Thanks
    Greying Pilgrim
    Absolutely Greying - the menu is:

    Flat bread with za'atar
    Butternut squash tahini dip
    Cous Cous
    Harrisa Chicken, lemon zest, tomatoes, raisins (+ vegetarian alternative)
    Roast sweet potato with figs, feta and dill
    Seasonal fruit with orange and honey

    Originally posted by muddywhitechicken
    Yummity yum to all that - but no. 2 on the list has definitely caught my attention And is the chicken slathered in harissa and then roasted, or is the harissa put under the skin? (and then the chicken roasted). I love learning how to impart flavours into food - even if I only get to do it with tofu!

    And may I please ask what the veggie alternative is, even if you didn't cook it Ta

    Greying X
    'Ich habe genug'

    'I am not in the pursuit of happiness, only in the discovery of joy' - Joyce Grenfell
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 8th Oct 16, 12:56 PM
    • 7,604 Posts
    • 84,964 Thanks
    Tilly MFW in 6 YRS
    I fancy everything on the menu xxxxxxx

    Tilly x
    2004 £387k 29 years - MF March 2033 2011 £309k 10 years - MF March 2021.
    Goal: 28/08/15
    • greent
    • By greent 8th Oct 16, 5:16 PM
    • 5,193 Posts
    • 52,301 Thanks
    greent
    I fancy everything on the menu xxxxxxx

    Tilly x
    Originally posted by Tilly MFW in 6 YRS
    And me - all sounds scrumptious!

    Beautiful flowers - and great result on the shares

    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
    Now repaying BTL Mtge. Opening Bal £69786. Current Bal £68286
    Net sales in 2016 £775.06/£500
    Dec grocery spends £0/ £480 NSDs 2/12
    • gallygirl
    • By gallygirl 9th Oct 16, 9:02 AM
    • 16,035 Posts
    • 105,216 Thanks
    gallygirl
    Indeedy - time to start planning GG
    Originally posted by muddywhitechicken
    Have already drawn up detailed plans for all of Tilly Towers, complete with Mr T in the shower:




    I fancy everything on the menu xxxxxxx
    Originally posted by Tilly MFW in 6 YRS
    Me too
    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 Oct 16, 9:08 AM
    • 5,193 Posts
    • 52,301 Thanks
    greent
    What a masterpiece, gg - if you weren't enjoying retirement so much I'm sure you could start a new career as an architect!!
    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
    Now repaying BTL Mtge. Opening Bal £69786. Current Bal £68286
    Net sales in 2016 £775.06/£500
    Dec grocery spends £0/ £480 NSDs 2/12
    • gallygirl
    • By gallygirl 9th Oct 16, 9:15 AM
    • 16,035 Posts
    • 105,216 Thanks
    gallygirl
    What a masterpiece, gg - if you weren't enjoying retirement so much I'm sure you could start a new career as an architect!!
    xx
    Originally posted by greent
    Just a little sideline I'm dabbling in
    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"
    • Greying Pilgrim
    • By Greying Pilgrim 9th Oct 16, 9:48 AM
    • 3,098 Posts
    • 33,547 Thanks
    Greying Pilgrim
    Have already drawn up detailed plans for all of Tilly Towers, complete with Mr T in the shower:




    Me too
    Originally posted by gallygirl
    What a masterpiece, gg - if you weren't enjoying retirement so much I'm sure you could start a new career as an architect!!
    xx
    Originally posted by greent

    I'm sorry greent - but I'm thinking Picasso rather than Lutyens...... Somebody purloin that napkin now..... it's gonna be worth a mint* in a few years............

    Greying X


    * polo, trebor, tic-tac............................
    'Ich habe genug'

    'I am not in the pursuit of happiness, only in the discovery of joy' - Joyce Grenfell
    • Karmacat
    • By Karmacat 9th Oct 16, 10:08 AM
    • 26,543 Posts
    • 140,125 Thanks
    Karmacat
    wonderful! But there's stuff boiling over on the stove, you know

    I just love that you've shown the stopcocks on the basin by Mr GG
    Retired August 2016

    Goal: earnings of £25k from new opportunities from September 2016 to December 2020 when my state pension kicks in.
    Currently: 86.53/25,000
    Save
    • gallygirl
    • By gallygirl 9th Oct 16, 10:30 AM
    • 16,035 Posts
    • 105,216 Thanks
    gallygirl
    Just to clarify, I pinched this off t'internet, I'd be far too embarrassed to post my own .
    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"
    • muddywhitechicken
    • By muddywhitechicken 14th Oct 16, 7:20 AM
    • 3,543 Posts
    • 32,667 Thanks
    muddywhitechicken


    A slightly stressful week waiting for the funds from the share sale. We sold towards the end of the trading day on Friday and then at the start of trading on Tuesday (closed Monday) the share price plummeted by 25%. Mr MWC then got an email to say the shares had been sold but not the sale price He's sent me a screenshot of his bank account overnight and we got the higher price

    Back later with photos from my cookery class and to catch up on everyone's news.

    MWCx
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£54,000
    Current total overpayments: £104,225
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