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  • FIRST POST
    • muddywhitechicken
    • By muddywhitechicken 12th Oct 12, 10:29 PM
    • 3,726Posts
    • 34,120Thanks
    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 284
    • muddywhitechicken
    • By muddywhitechicken 5th May 17, 3:02 PM
    • 3,726 Posts
    • 34,120 Thanks
    muddywhitechicken
    It's the weekend

    The coffee table has gone I watched the courier drop the box from shoulder height on to the road so that he could open his van door... if he took that much care when it was delivered, no wonder it was damaged...
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • muddywhitechicken
    • By muddywhitechicken 12th May 17, 6:28 PM
    • 3,726 Posts
    • 34,120 Thanks
    muddywhitechicken
    I sold some shares today and more than doubled my money

    The drinks are on me!!!
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • apple muncher
    • By apple muncher 12th May 17, 8:17 PM
    • 6,414 Posts
    • 46,789 Thanks
    apple muncher
    Am on my way...
    NST Organise October #10; NSD 12/20; Ex 6/20; craft 6/31 (212); remove 514
    2017 MFW#63 Pay off: £3320/£4050; 2
    017 sell 116

    Mortgage £23,689 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295) MFWDate Dec 2018
    • greent
    • By greent 13th May 17, 8:02 AM
    • 6,296 Posts
    • 63,765 Thanks
    greent
    I sold some shares today and more than doubled my money

    The drinks are on me!!!
    Originally posted by muddywhitechicken
    Whoop! Brilliant stuff!
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 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
    Next: BTL Mtge 12/16 £69786. 2017 OPs (#18) £4607/£3286
    Net sales 2017 £1202.80/£500 PAYDOX17 £11635/£10k Decluttered 1650/2017 items
    • muddywhitechicken
    • By muddywhitechicken 14th May 17, 6:30 PM
    • 3,726 Posts
    • 34,120 Thanks
    muddywhitechicken
    Another spendy day

    - bought a white/brushed chrome trim induction hob range cooker

    - bought an oak/blue table & chairs for the kitchen

    - bought FIL's Nikon 3300 DSLR camera (1 year old - he's upgraded)

    Offset by £87.90 TCB

    The builder won't be starting tomorrow but that does give us an extra day to empty the kitchen cupboards and use the washing machine
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • muddywhitechicken
    • By muddywhitechicken 16th May 17, 9:34 PM
    • 3,726 Posts
    • 34,120 Thanks
    muddywhitechicken
    Day 1 of washing-up in the bath... I hope the next 4-5 weeks pass in the blink of an eye

    Everything is a bit too vague for my liking but I'm at home tomorrow so hopefully I'll get some answers...
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • muddywhitechicken
    • By muddywhitechicken 17th May 17, 5:58 PM
    • 3,726 Posts
    • 34,120 Thanks
    muddywhitechicken
    And relax...
    It doesn't look like much progress has been made today but

    - the electrician was here all day moving sockets and making dust; he'll be back on Saturday to finish off.

    - the gas fitter disconnected the gas. Luckily I was here as he wasn't going to move the supply and then cap it as we have asked for at every meeting we've had with the builder (we're not having a gas hob this time but we want to future-proof the kitchen by having the gas supply in the right place).

    - the plasterer and plumber popped in to survey the job - both back tomorrow.

    I keep mentioning things to the builder and it's like he's hearing it for the first time rather than the second, third or fourth time

    Do you remember that we had a squirrel take up residence in the loft a couple of years ago and we needed to get a pest controller in? Anyway, I asked the electrician to look at the ceiling lights in the bathroom for me as they've not worked for a while and it turns out that the pesky squirrel had nibbled the wires down to bare copper
    £495 + VAT to repair but at least it didn't electrocute anyone or cause a fire *phew*
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • greent
    • By greent 17th May 17, 6:33 PM
    • 6,296 Posts
    • 63,765 Thanks
    greent
    Following with interest, as it looks like (after a few false starts!) we're having a new kitchen shortly - the co we *think* we're going with (awaiting a meeting for plans and costs.....) have a space in July which they want to fill (I must be mad - possible upheaval at the start of the school hols!) so it's all moving quickly

    Eek! re cost of lights repair - but phew! re no major damage x
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 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
    Next: BTL Mtge 12/16 £69786. 2017 OPs (#18) £4607/£3286
    Net sales 2017 £1202.80/£500 PAYDOX17 £11635/£10k Decluttered 1650/2017 items
    • muddywhitechicken
    • By muddywhitechicken 17th May 17, 7:01 PM
    • 3,726 Posts
    • 34,120 Thanks
    muddywhitechicken
    It's now 6 months since we saw the first kitchen designer (she went AWOL in December and we first met the current designer in January) and it feels so much longer!!!

    Are they desperate enough to offer a really good discount to fill that slot?!
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 17th May 17, 8:38 PM
    • 7,746 Posts
    • 86,445 Thanks
    Tilly MFW in 6 YRS
    Come up to visit for a weekend xxxx
    2004 £387k 29 years - MF March 2033
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15
    • muddywhitechicken
    • By muddywhitechicken 17th May 17, 8:41 PM
    • 3,726 Posts
    • 34,120 Thanks
    muddywhitechicken
    Come up to visit for a weekend xxxx
    Originally posted by Tilly MFW in 6 YRS
    Would love to but only if I can bring my dirty washing with me

    xxx
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 17th May 17, 8:51 PM
    • 7,746 Posts
    • 86,445 Thanks
    Tilly MFW in 6 YRS
    Would love to but only if I can bring my dirty washing with me

    xxx
    Originally posted by muddywhitechicken
    I've got two dishwashers not two washing machines 😉

    Bring washing

    Tilly xxx
    2004 £387k 29 years - MF March 2033
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15
    • Tilly MFW in 6 YRS
    • By Tilly MFW in 6 YRS 17th May 17, 10:25 PM
    • 7,746 Posts
    • 86,445 Thanks
    Tilly MFW in 6 YRS
    Washing machine at the ready.

    I'm making rhubarb gin - I wonder if that will be ready in time
    2004 £387k 29 years - MF March 2033
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15
    • muddywhitechicken
    • By muddywhitechicken 18th May 17, 6:15 AM
    • 3,726 Posts
    • 34,120 Thanks
    muddywhitechicken
    I'm making rhubarb gin - I wonder if that will be ready in time
    Originally posted by Tilly MFW in 6 YRS
    Fingers crossed!
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • EatingTheElephant
    • By EatingTheElephant 18th May 17, 8:08 AM
    • 1,124 Posts
    • 6,053 Thanks
    EatingTheElephant
    That was lucky with the squirrel damage, I didn't realise they would cause so much damage!
    • greent
    • By greent 22nd May 17, 1:55 PM
    • 6,296 Posts
    • 63,765 Thanks
    greent
    It's now 6 months since we saw the first kitchen designer (she went AWOL in December and we first met the current designer in January) and it feels so much longer!!!

    Are they desperate enough to offer a really good discount to fill that slot?!
    Originally posted by muddywhitechicken
    One of my questions this week is to see what the price would be if we had it fitted in Oct - and if there isn't a decent price difference then I'm not a fan of filling their time for them
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 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
    Next: BTL Mtge 12/16 £69786. 2017 OPs (#18) £4607/£3286
    Net sales 2017 £1202.80/£500 PAYDOX17 £11635/£10k Decluttered 1650/2017 items
    • gallygirl
    • By gallygirl 22nd May 17, 2:44 PM
    • 16,425 Posts
    • 107,653 Thanks
    gallygirl
    Hope ll going well on fitting .

    Another spendy day

    - bought a white/brushed chrome trim induction hob range cooker

    - bought an oak/blue table & chairs for the kitchen
    Originally posted by muddywhitechicken
    Lovely table and chairs - and totally bargainous to boot . Which partly offsets certain orange-related purchases .
    Save
    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 22nd May 17, 3:02 PM
    • 3,726 Posts
    • 34,120 Thanks
    muddywhitechicken
    Lovely table and chairs - and totally bargainous to boot . Which partly offsets certain orange-related purchases .
    Save
    Originally posted by gallygirl
    Do you mean the toaster?
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • gallygirl
    • By gallygirl 22nd May 17, 4:11 PM
    • 16,425 Posts
    • 107,653 Thanks
    gallygirl
    Do you mean the toaster?
    Originally posted by muddywhitechicken
    Unless there's something else I don't know about .
    Save
    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 22nd May 17, 7:08 PM
    • 3,726 Posts
    • 34,120 Thanks
    muddywhitechicken
    Hope all going well on fitting .
    Save
    Originally posted by gallygirl
    If by all going well you mean... did the fitters deliver the bits & pieces first thing this morning and then leave?... then yes, all going well...

    I had another appointment with the JL Home Design Service today. Apparently my style is eclectic! Fabric chosen for curtains (they are coming to measure on Friday) and furniture ordered for living room.
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
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