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  • FIRST POST
    • muddywhitechicken
    • By muddywhitechicken 12th Oct 12, 10:29 PM
    • 3,712Posts
    • 34,001Thanks
    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 292
    • MichaelDH
    • By MichaelDH 8th Sep 17, 8:02 PM
    • 93 Posts
    • 420 Thanks
    MichaelDH
    Hi muddywhitechicken

    OP's of over £110k is amazing! Very inspiring to a newbie like me.
    Starting Balance August 2016: £170,199.00 | Current Balance (7th September 2017): £165,403.60
    OP's to date (starting August 2017): £549.66

    Target: Balance below £160,000.00 by June 2017
    • apple muncher
    • By apple muncher 8th Sep 17, 8:20 PM
    • 6,335 Posts
    • 46,090 Thanks
    apple muncher
    What's your interest rate on the mortgage?

    Do you think you might clear it by the end of 2018...?
    NST Sept scrimper #2; NSD 15; Ex 14; craft 212; remove 510
    2017 MFW#63 Pay off: £2883/£4050; 2
    017 sell 116

    Mortgage £24,331 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295) MFWDate Dec 2018
    • gallygirl
    • By gallygirl 8th Sep 17, 9:15 PM
    • 16,416 Posts
    • 107,594 Thanks
    gallygirl
    Amazing progress . Happy weekend .
    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 8th Sep 17, 9:21 PM
    • 3,712 Posts
    • 34,001 Thanks
    muddywhitechicken
    2.25% apple (N/wide's BMR)

    If we hadn't spent any money on home improvements this year... but now it'll be a push to clear it by the end of next year without selling shares or foregoing holidays (neither of which we want to do!)
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • muddywhitechicken
    • By muddywhitechicken 9th Sep 17, 8:09 AM
    • 3,712 Posts
    • 34,001 Thanks
    muddywhitechicken
    It's a beautiful sunny morning here
    I've already picked the remaining tomatoes and composted the plants - I love a bit of early morning gardening in my dressing gown

    I'm letting Mr MWC have a lie-in as he didn't get home until 00:30 (it took him over an hour to get his suitcase ). He returned bearing a gift - a bottle of yellow gin for the gin cupboard

    Plans for today:

    - Menu plan
    - Shop wisely (I want to use our last £8 off a £40 spend coupon on meals for the week ahead and store cupboard items rather than on gin and sushi as in previous weeks...)
    - Laundry
    - Gardening
    - A walk
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 9th Sep 17, 8:15 AM
    • 317 Posts
    • 1,269 Thanks
    wishingthemortgaheaway
    There is nothing wrong with using vouchers to buy gin.
    The 100 payment countdown (each payment = £400)
    2017
    July : £36,800 8/100
    August: £36,411.85 8/100
    Term Mortgage free date: October 2029
    Current mortgage free date: April 2025
    • apple muncher
    • By apple muncher 9th Sep 17, 8:26 AM
    • 6,335 Posts
    • 46,090 Thanks
    apple muncher
    But I bet you might just try...

    And I have visions of you having a rainbow-coloured gin cupboard!
    NST Sept scrimper #2; NSD 15; Ex 14; craft 212; remove 510
    2017 MFW#63 Pay off: £2883/£4050; 2
    017 sell 116

    Mortgage £24,331 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295) MFWDate Dec 2018
    • muddywhitechicken
    • By muddywhitechicken 9th Sep 17, 8:40 AM
    • 3,712 Posts
    • 34,001 Thanks
    muddywhitechicken
    Tonic perhaps but no gin (not this week ) No real hardship as we do already have 8 bottles to choose from! It won't be so easy to walk past the new sushi counter and we can quite easily spend £30 on sushi/sashimi for lunch
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • smallholdingsister
    • By smallholdingsister 9th Sep 17, 11:09 AM
    • 3,322 Posts
    • 26,039 Thanks
    smallholdingsister
    WOW. We would not have 8 bottles of gin for long.
    • muddywhitechicken
    • By muddywhitechicken 9th Sep 17, 12:09 PM
    • 3,712 Posts
    • 34,001 Thanks
    muddywhitechicken
    I try not to drink when I'm home alone and Mr MWC has been away a lot this summer!

    Last of yellow courgettes, golden beetroot & victoria plums picked along with some orange habaneros, radicchio, raspberries, blueberries, strawberries & pears

    I let Mr MWC sleep until 10 but he looks like he'll need a nap this afternoon zzz
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • smallholdingsister
    • By smallholdingsister 9th Sep 17, 12:11 PM
    • 3,322 Posts
    • 26,039 Thanks
    smallholdingsister
    Very wise. I think we might have blueberries.
    • muddywhitechicken
    • By muddywhitechicken 9th Sep 17, 9:20 PM
    • 3,712 Posts
    • 34,001 Thanks
    muddywhitechicken
    We're using our new log burner for the first time this evening... not very successfully

    The radicchio was used in a bacon, radicchio & red wine risotto - delicious but Mr MWC never quite cooks it enough for my liking!

    A no egg day Blooming !!!!!!!!!!s
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • smallholdingsister
    • By smallholdingsister 10th Sep 17, 8:05 AM
    • 3,322 Posts
    • 26,039 Thanks
    smallholdingsister
    What's the problem with the woodburner? They are stinky when new?
    • muddywhitechicken
    • By muddywhitechicken 10th Sep 17, 8:27 AM
    • 3,712 Posts
    • 34,001 Thanks
    muddywhitechicken
    No, we're just novices! Our second attempt was better - managed to get it burning in the optimum operation zone on the thermometer but it didn't seem to warm the room
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • smallholdingsister
    • By smallholdingsister 10th Sep 17, 6:37 PM
    • 3,322 Posts
    • 26,039 Thanks
    smallholdingsister
    You have a thermometer, there's posh!

    They get really hot when they are going well and you close the air vents.

    How many kw and how big a room?
    • muddywhitechicken
    • By muddywhitechicken 10th Sep 17, 8:52 PM
    • 3,712 Posts
    • 34,001 Thanks
    muddywhitechicken
    5KW in a room approx. 16m2 SHS

    The raised beds are ready for Tuesday and the garden is looking good

    Mr MWC used the beetroot and courgettes harvested yesterday to make Sri Lankan-style curries for dinner
    Last edited by muddywhitechicken; 10-09-2017 at 9:34 PM.
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • Greying Pilgrim
    • By Greying Pilgrim 10th Sep 17, 9:23 PM
    • 3,795 Posts
    • 41,792 Thanks
    Greying Pilgrim
    5KW in a room approx. 4m2 SHS
    Originally posted by muddywhitechicken
    Um, we have a 5kw log burner in our small front room, which is something like 13 feet x 9 feet (approx 10m2). On occasions, it struggled to warm the room, but that was usually if it was raging damp/wet and the stove hadn't been in use a while, or if it was stone cold out, and again, the stove hadn't been used in a while. But probably the main problem was our utterly, utterly carp sash windows, which were about as energy efficient as a piece of tissue. Is your burner really in a room about 6 foot by 7 foot? I'd of thought a smaller stove would be in order in a room like that. When our stove gets going, it makes the room too hot.


    Mr MWC used the beetroot and courgettes harvested yesterday to make Sri Lankan-style curries for dinner
    Originally posted by muddywhitechicken
    I know those recipes But, ooh, the luxury of it being your own veg

    PS - what is 'yellow' gin? Presumably a flavouring, or made from something that causes it to take colour???

    Greying X
    Last edited by Greying Pilgrim; 10-09-2017 at 9:31 PM.
    'Ich habe genug'

    'I am not in the pursuit of happiness, only in the discovery of joy' - Joyce Grenfell
    • muddywhitechicken
    • By muddywhitechicken 10th Sep 17, 9:33 PM
    • 3,712 Posts
    • 34,001 Thanks
    muddywhitechicken
    Um, we have a 5kw log burner in our small front room, which is something like 13 feet x 9 feet (ish). On occasions, it struggled to warm the room, but that was usually if it was raging damp/wet and the stove hadn't been in use a while, or if it was stone cold out, and again, the stove hadn't been used in a while. But probably the main problem was our utterly, utterly carp sash windows, which were about as energy efficient as a piece of tissue. Is your burner really in a room about 6 foot by 7 foot? I'd of thought a smaller stove would be in order in a room like that. When our stove gets going, it makes the room too hot.
    Originally posted by Greying Pilgrim
    No, it's not Greying It's approx. 4m x 4m so 16m2. I'm blaming the wine...!
    MWCx
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • muddywhitechicken
    • By muddywhitechicken 10th Sep 17, 9:42 PM
    • 3,712 Posts
    • 34,001 Thanks
    muddywhitechicken
    PS - what is 'yellow' gin? Presumably a flavouring, or made from something that causes it to take colour???
    Originally posted by Greying Pilgrim
    The yellow gin is Ungava. It's made with plants and berries of the Canadian tundra - wild rose hips, crowberry, labrador tea, cloudberry, arctic blend and nordic juniper. The rose hips give it the yellow colour.
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£42,000
    Current total overpayments: ~£116,250
    • Greying Pilgrim
    • By Greying Pilgrim 10th Sep 17, 9:42 PM
    • 3,795 Posts
    • 41,792 Thanks
    Greying Pilgrim
    No, it's not Greying It's approx. 4m x 4m so 16m2.
    MWCx
    Originally posted by muddywhitechicken
    I was worried that your house was even more wee than mine muddy - pretty sure it's not poss. to have one smaller than mine Still amuses me that the first owners of this house in 18tumpty-summat had a piano stashed in here somewhere!

    Greying X
    'Ich habe genug'

    'I am not in the pursuit of happiness, only in the discovery of joy' - Joyce Grenfell
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