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  • FIRST POST
    • lamarsi
    • By lamarsi 25th Jul 13, 1:23 PM
    • 758Posts
    • 3,720Thanks
    lamarsi
    Is this me... in the mortgage free..?? :-0
    • #1
    • 25th Jul 13, 1:23 PM
    Is this me... in the mortgage free..?? :-0 25th Jul 13 at 1:23 PM
    After YEARS of being over there in the debt free wannabe side of the site I am now committing myself to life on the bright side and starting my mortgage free journey.

    I can't believe I've actually wrote that down!! Or more to the point that I'm in a position after being so horrendously in debt for so long that I'm now in a place were I can start to work on over paying!

    I've never committed to a diary before but really feel as this is the final (hopefully) part of a very long and difficult journey I should start one.
    My mortgage when I bought my house 14 years ago was £34,000, at it's highest was about £75,000 and is currently £43500. Hmmm... Not made much headway when I write it down like that Thankfully the current value of the house is approx 150k. Anyway I've just arranged for the remaining term to go from nine to seven years starting in august, and fixed it for 2 years so I am able to pay a further 10% of each year until October 2015. My only other financial commitment is to bank of mum and dad for the tune of 12k over four years at £250 per month which I started to repay in feb this year.

    I'm a nurse so my wage can change a fair bit depending on the shifts I work but the lowest I expect to bring home would be about £1400 but I've got the chance to do extra shifts which I want to do and then throw this extra wage against the mortgage each month.
    I've been reading some of the diary's on here and find them so motivating, I remember when I first joined MSE looking at this forum and laughing thinking 'who ever is considering paying THAT off must be loaded!!!' How times have changed! I'm not loaded I work blummin hard on a mental health ward for teenagers..for an average wage and alot of responsibility, but it's a job a LOVE and I'm so glad to have the job of my dreams
    Anyway I will stop wanging on now. I have trip planned to see my little brother at the being of august so funds will be a little tight this month but I will still try to make another overpayment in July before things get down and dirty from august !
    why wait for the new year/ September is the new January !!
    weight loss 0/ 42 lb
    Debt from 1st September:
    Halifax £0 /£12,200
    credit card £0/ £5656
    Get rid of the weight, pay the debt, then get myself a camper van!
Page 4
    • lamarsi
    • By lamarsi 6th Sep 13, 5:36 PM
    • 758 Posts
    • 3,720 Thanks
    lamarsi
    well getting ready for another night shift, last one until monday so weekend free! but considering i'm not drinking spending or eating not that exciting lol try to get a bank shift over the weekend but otherwise I'm going to get some gardening and clean up done, god I sound so boring.. put visit some friends on that list!
    why wait for the new year/ September is the new January !!
    weight loss 0/ 42 lb
    Debt from 1st September:
    Halifax £0 /£12,200
    credit card £0/ £5656
    Get rid of the weight, pay the debt, then get myself a camper van!
    • lamarsi
    • By lamarsi 7th Sep 13, 1:08 AM
    • 758 Posts
    • 3,720 Thanks
    lamarsi
    Been sat her on my own on the ward thinking of cheap ways to do up my kitchen which is looking a tad tatty. After spending a blummin fortune on a dining room that's hardly used my next plan was the kitchen, but now I want to do it on the cheap (reasons not needed to be written). Got unit doors that are wooden but blue on the inside panal wondering if anyone has any experiance of painting/spraying these up and if so whats best to use .... pondering maybe I should be googling.
    why wait for the new year/ September is the new January !!
    weight loss 0/ 42 lb
    Debt from 1st September:
    Halifax £0 /£12,200
    credit card £0/ £5656
    Get rid of the weight, pay the debt, then get myself a camper van!
    • skint_spice
    • By skint_spice 7th Sep 13, 8:00 AM
    • 11,199 Posts
    • 23,475 Thanks
    skint_spice
    Get yourself over to the shabby chic thread on Old style - there is loads of info on this and some lovely makeovers. they will give advice on paint etc too.
    mmm...still thinking, planning and plotting for aims in 2017
    • gallygirl
    • By gallygirl 7th Sep 13, 8:09 AM
    • 16,455 Posts
    • 107,807 Thanks
    gallygirl
    Been sat her on my own on the ward thinking of cheap ways to do up my kitchen which is looking a tad tatty. After spending a blummin fortune on a dining room that's hardly used my next plan was the kitchen, but now I want to do it on the cheap (reasons not needed to be written). Got unit doors that are wooden but blue on the inside panal wondering if anyone has any experiance of painting/spraying these up and if so whats best to use .... pondering maybe I should be googling.
    Originally posted by lamarsi
    We used to have similar - what's on the reverse of the blue? We could turn ours between hessian and cream. Wow - how posh was that . Would have thought a good rub down with sugar soap would be ok then a few coats of washable paint? Maybe seal with matte varnish? Or cover with fabric? Would be hard to make that tidy on the inside (If you're as useless as me ).
    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"
    • lamarsi
    • By lamarsi 10th Sep 13, 12:28 AM
    • 758 Posts
    • 3,720 Thanks
    lamarsi
    brill advice will do that!! my house is prettty vintage styly so was hoping kinda 50's style thanks guys
    why wait for the new year/ September is the new January !!
    weight loss 0/ 42 lb
    Debt from 1st September:
    Halifax £0 /£12,200
    credit card £0/ £5656
    Get rid of the weight, pay the debt, then get myself a camper van!
    • lamarsi
    • By lamarsi 27th Sep 13, 3:31 PM
    • 758 Posts
    • 3,720 Thanks
    lamarsi
    yeah!! at last pay day!! really over spent last month but due to the over time I put in I received a nice healthy wage packet.. god that's old school wonder if anyone still gets a wage packet these days :/... anyway payment has gone out today so just going to wait until it comes off my total then the interest will be added and then to make another over payment to make a nice round figure!
    why wait for the new year/ September is the new January !!
    weight loss 0/ 42 lb
    Debt from 1st September:
    Halifax £0 /£12,200
    credit card £0/ £5656
    Get rid of the weight, pay the debt, then get myself a camper van!
    • lamarsi
    • By lamarsi 2nd Oct 13, 11:21 AM
    • 758 Posts
    • 3,720 Thanks
    lamarsi
    yeah!! that time of the month again, the interest as been added to my balance so I've been able to make my overpayment (£330 ish plus change) to round it down. Now have a balance of 41500 which means I'm still on target to get it to 40k by January
    why wait for the new year/ September is the new January !!
    weight loss 0/ 42 lb
    Debt from 1st September:
    Halifax £0 /£12,200
    credit card £0/ £5656
    Get rid of the weight, pay the debt, then get myself a camper van!
    • lamarsi
    • By lamarsi 4th Nov 13, 10:12 AM
    • 758 Posts
    • 3,720 Thanks
    lamarsi
    well it's been over a month since I last posted, I really am rubbish at a diary. But more importantly I'm still on track by making over payments just paid another £229.97 making my balance £40800 so still on track But there is more I could do.. I made a really good wage this month but as it fluctuates each month I really want to have a bit of a buffer in the bank. I guess I won't really see the impact on the interest etc until this fixed deal is done in October 2015. oh need to update my siggy!!! love that bit!
    why wait for the new year/ September is the new January !!
    weight loss 0/ 42 lb
    Debt from 1st September:
    Halifax £0 /£12,200
    credit card £0/ £5656
    Get rid of the weight, pay the debt, then get myself a camper van!
    • lamarsi
    • By lamarsi 15th Jan 14, 12:28 PM
    • 758 Posts
    • 3,720 Thanks
    lamarsi
    well another year started and I'm allowed to pay 10% of the balance of my mortgage so made my first over payment towards this, and this will hopefully be the year when my balance goes down to less than what i payed for the bloody place almost 15 years ago.. mortgaging and getting into arrears mean that I've been basically renting the place from the bank for years but now that is changing I'm actively overpaying
    why wait for the new year/ September is the new January !!
    weight loss 0/ 42 lb
    Debt from 1st September:
    Halifax £0 /£12,200
    credit card £0/ £5656
    Get rid of the weight, pay the debt, then get myself a camper van!
    • lamarsi
    • By lamarsi 13th Feb 14, 6:46 AM
    • 758 Posts
    • 3,720 Thanks
    lamarsi
    six thirty in the morning, starting my annual leave and surprise surprise I'm wide awake since four am!
    Like most of the country the storms hit this area last night and I returned from work to find my TV Ariel hanging down the side of the house! fortunately I have a dad who can shimmy up there and put it back but not sure about the leaks my front room seems to have sprung!
    Although i've dried the walls out with the dehumidifier it has made me think about starting a emergency fund.. at the moment if I have anything left over in the bank I tend to stick it towards my mortgage..
    I think I need to start planning for any big jobs that may come along.

    I very lucky to have a mum and dad who are able to loan me the money if anything happens hence the £12k I owe them, plus my dad is really good at repairing stuff for me, but I'm concious that he isn't getting younger in fact he's 68 and disabled and I need to start planning for when he's physically unable to help... plus my pride wants to be able to manage on my own!
    Anyhows, started my annual leave last shift Friday night.. then booked in to work sat sun nights, Tuesday day and wed twilight (12.30 until 00.45) so not much of a break so far.. have two more shifts booked for next week.. I will love March wage packet
    Now down to £39k and £9 to mum six and a half years left on mortgage three years left to pay mum and dad!
    why wait for the new year/ September is the new January !!
    weight loss 0/ 42 lb
    Debt from 1st September:
    Halifax £0 /£12,200
    credit card £0/ £5656
    Get rid of the weight, pay the debt, then get myself a camper van!
    • lamarsi
    • By lamarsi 3rd Feb 15, 3:38 PM
    • 758 Posts
    • 3,720 Thanks
    lamarsi
    Hello well it's twelve months since I last posted I really am rubbish at writing a diary. As off today my mortgage is £32500 at last i owe less than my original debt ( 1999 i took out a £34000 mortgage so its taken me 16.5 years to reduce it by £1500 OMG ) i's been a strange journey to say the least aiming to pay the 10% over pay I'm allowed to before my current deal ends in October.. paid £311.20 this month
    why wait for the new year/ September is the new January !!
    weight loss 0/ 42 lb
    Debt from 1st September:
    Halifax £0 /£12,200
    credit card £0/ £5656
    Get rid of the weight, pay the debt, then get myself a camper van!
    • elantan
    • By elantan 3rd Feb 15, 3:48 PM
    • 19,536 Posts
    • 52,571 Thanks
    elantan
    do you still feel that your journey is over when your mortgage has been paid or can you see your journey evolving ? best of luck with it you have stuck well
    march 2011-july2019 8 years and 4 months ... or 100 months and counting
    "what would you do if you knew you couldn't fail.... enjoy the adventure" " to my own self be true"
    • lamarsi
    • By lamarsi 3rd Feb 15, 4:08 PM
    • 758 Posts
    • 3,720 Thanks
    lamarsi
    Hi, I haven't thought that far really , but i think it will give me more options .. I would really like to go travelling again or move onto a canal boat for a while, also cutting my hours at work would be nice. One thing that was weird is I thought i got a speeding ticket the other week and thought 'when those points come of my license i should be mortgage free (five years ) thats a really good thought!
    why wait for the new year/ September is the new January !!
    weight loss 0/ 42 lb
    Debt from 1st September:
    Halifax £0 /£12,200
    credit card £0/ £5656
    Get rid of the weight, pay the debt, then get myself a camper van!
    • lamarsi
    • By lamarsi 28th Jul 15, 12:08 PM
    • 758 Posts
    • 3,720 Thanks
    lamarsi
    Just had my statement through and in the last year I paid £1340 extra off my mortgage ...not as much as I would have like but I have also been on three foreign holidays so that could account for some of it, anyway after my last holiday I have come back with a renewed vigour. I went to animal sanctuary in Spain to do some volunteer work and it's given me the urge to pay of my debts and go travelling again, so I've booked myself in for some extra shifts at work and since being paid on Friday so far I've spent £4 on a spare key for my scooter, £2.00 on pain killers and £ 1.80 on four bottles of mixer drinks to use with the duty free I brought back from Spain
    My fixed deal is coming to an end soon ...October I think so I'm off to my dads to use his free phone to try and get myself another deal and reduce the term. Will post the results later today, and update my sig with debt totals etc x
    why wait for the new year/ September is the new January !!
    weight loss 0/ 42 lb
    Debt from 1st September:
    Halifax £0 /£12,200
    credit card £0/ £5656
    Get rid of the weight, pay the debt, then get myself a camper van!
    • lamarsi
    • By lamarsi 29th Jul 15, 11:51 AM
    • 758 Posts
    • 3,720 Thanks
    lamarsi
    so i paid £1000 off my debt yesterday, £730 of the house and £270 of the credit card to give me nice even numbers (to make my siggy neat, bit ocd). Went to my dads to use the free phone to ring halifax to see what deals are available on hold for 35 minutes only to be told I'd rung three days early... they can't offer me another deal until three months before this one ends so I've decided I'll ring next week and if they have a better fixed deal I'll go onto that otherwise it may be worth me sticking with this I think the interest rate is 3.9 % at the minute but this would mean i can make as many over payments as i like. now note to self is :stop eyeing up trucks on bay you are not in a position to buy a rolling home yet!!!
    why wait for the new year/ September is the new January !!
    weight loss 0/ 42 lb
    Debt from 1st September:
    Halifax £0 /£12,200
    credit card £0/ £5656
    Get rid of the weight, pay the debt, then get myself a camper van!
    • lamarsi
    • By lamarsi 7th Sep 17, 7:51 PM
    • 758 Posts
    • 3,720 Thanks
    lamarsi
    Hello diary my old friend, I've come to talk to you again... . Well it's two years since my last confession and I'm still on track with paying the mortgage off, but somehow I appear to have gained myself almost six grands worth of cc debt.
    Guess old habits die hard.
    It's at 0% interest which ends around next may I think. My fixed deal on my mortgage finishes in January and I currently have 26 more payments to date, but these don't account for any extra ones I've made. I'm hoping that by next Christmas I'll have finished paying the house and have a good start on the card debt.
    So from when I first joined this site, I've reduced my debt from almost 100000 to about 18000 ���� That feels so much more manageable and I'm on the last leg!
    why wait for the new year/ September is the new January !!
    weight loss 0/ 42 lb
    Debt from 1st September:
    Halifax £0 /£12,200
    credit card £0/ £5656
    Get rid of the weight, pay the debt, then get myself a camper van!
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