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  • FIRST POST
    • purplevamp
    • By purplevamp 30th Mar 15, 9:45 PM
    • 7,063Posts
    • 342,067Thanks
    purplevamp
    From £0 to £154K and back again
    • #1
    • 30th Mar 15, 9:45 PM
    From £0 to £154K and back again 30th Mar 15 at 9:45 PM
    Hello Long time lurker, first time poster

    I have been waiting sooooo long to post on the MFW board and today I can . Apologies in advance if this post gets too long.

    After 15 months of faffing around we have finally bought our house. We got the call today to say the money had gone through.

    A bit of background:

    We're buying our SH house, which we've lived in for 11 years, we were the first people to live in it too!! We've decided to buy this house rather than a private house because we cannot afford any other house in our town We're planning on living here for at least 5 years to avoid paying back the discount, and we have to give first refusal to the HA. And it gets us on the ladder.

    There's 5 of us living here, me, DH, DS1, DS2 and DD. Five years is a good amount of time as DS2 and DD would have finished school by then and we do love the area. DS1 is working and should have moved out by then

    The mortgage is with Santander and we've borrowed a massive £154K This is over 24 and a half years and is on a 2 year fixed at 1.9%.

    Now, just because it's for 25 years doesn't mean I want to have it that long. My plan is to get shot of it as fast as possible, as going from no debt to that much is a bit scary. We're allowed to OP by 10% of the outstanding balance, (very unlikely every year) and OP's have to be at least £500.

    Essay over for now. Hope to speak to you all soon, you have all been such an inspiration and I've been itching to join in for years.
    Last edited by purplevamp; 21-06-2015 at 6:04 PM. Reason: got the length of mortgage wrong!!
    Mortgage: Was: £154,495 Oct 2039
    Now: £135,941.39 Mar 2038
    MFW #28 £600/£3,000

    Swagbucks ~ £80 (2016 ~ £340)
    Surveys ~ £70.90 (2016 ~ £407.55)
    PTC, etc ~ $72.62 (2016 ~ $696.89)

    Goodbye Princess Leia
Page 4
    • purplevamp
    • By purplevamp 4th Jan 17, 11:13 PM
    • 7,063 Posts
    • 342,067 Thanks
    purplevamp
    Trying to type quietly as DH is fast asleep next to me!! Today has not been very mse. Couldn't find my bus pass this morning (lent it to DH on Monday). Had to pay £5 My yearly one works out at around £1.50 per day. Eventually found it when I came home. It was under a pile of tat next to the computer! Then I had to pay £21 for DS2 to go bowling as part of his p.e. lessons.

    But I have sold a couple of bits on Amazon & eBay so not all doom and gloom

    Best get to sleep, work tomorrow.
    Last edited by purplevamp; 04-01-2017 at 11:17 PM.
    Mortgage: Was: £154,495 Oct 2039
    Now: £135,941.39 Mar 2038
    MFW #28 £600/£3,000

    Swagbucks ~ £80 (2016 ~ £340)
    Surveys ~ £70.90 (2016 ~ £407.55)
    PTC, etc ~ $72.62 (2016 ~ $696.89)

    Goodbye Princess Leia
    • Kittenkirst
    • By Kittenkirst 5th Jan 17, 7:40 AM
    • 1,217 Posts
    • 5,640 Thanks
    Kittenkirst
    Just catching up on your diary over the last two weeks!

    3k overpayment is fantastic news! Really well done you
    Emergency savings- £905.20 /£1750
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP [B][COLOR="Blue"]£645.10/2150. 30%
    Jan- £68.15, Feb- £306.67, March- £270.22
    • phillw
    • By phillw 5th Jan 17, 10:52 AM
    • 275 Posts
    • 122 Thanks
    phillw
    Had to pay £5 My yearly one works out at around £1.50 per day.
    Originally posted by purplevamp
    It's annoying when you make a mistake and the money you have been scrimping and saving gets blown because of it. Losing something or putting off that auto renewal phone call etc.

    I haven't got a full breakdown of "stupid things I've done" but!in my head it's around £10k and then there is buying at the height of the market rather than years earlier when I probably could have done it much easier.

    Dealing with that negativity in the back of my head is probably the hardest part of my money saving adventure.
    • purplevamp
    • By purplevamp 5th Jan 17, 8:20 PM
    • 7,063 Posts
    • 342,067 Thanks
    purplevamp
    It's annoying when you make a mistake and the money you have been scrimping and saving gets blown because of it. Losing something or putting off that auto renewal phone call etc.
    Originally posted by phillw
    I could kick myself for that! I saw it the day before but obviously I "saw" it in a different place to where it actually was . I put £50 a month away for my bus pass, which just about covers it. It's gone up to £570 for a yearly pass now Even though I only work 3 days a week it still works out better value than getting a weekly or 3 daily tickets. And my DH can use it as it's like a credit card-type thing and doesn't have my photo on it. Also if I want to go out on my days off it comes in handy.
    Mortgage: Was: £154,495 Oct 2039
    Now: £135,941.39 Mar 2038
    MFW #28 £600/£3,000

    Swagbucks ~ £80 (2016 ~ £340)
    Surveys ~ £70.90 (2016 ~ £407.55)
    PTC, etc ~ $72.62 (2016 ~ $696.89)

    Goodbye Princess Leia
    • purplevamp
    • By purplevamp 5th Jan 17, 8:22 PM
    • 7,063 Posts
    • 342,067 Thanks
    purplevamp
    Just catching up on your diary over the last two weeks!

    3k overpayment is fantastic news! Really well done you
    Originally posted by Kittenkirst
    Thank you Kittenkirst . Not as much as I wanted to OP but it's still a very good amount. I'm hoping to pay the same off again this year, maybe more. But I need want a new kitchen, sofa, etc, so will be saving up for these things too.
    Mortgage: Was: £154,495 Oct 2039
    Now: £135,941.39 Mar 2038
    MFW #28 £600/£3,000

    Swagbucks ~ £80 (2016 ~ £340)
    Surveys ~ £70.90 (2016 ~ £407.55)
    PTC, etc ~ $72.62 (2016 ~ $696.89)

    Goodbye Princess Leia
    • purplevamp
    • By purplevamp 7th Jan 17, 3:10 PM
    • 7,063 Posts
    • 342,067 Thanks
    purplevamp
    Thought I'd empty out Kevin (piggy bank) to retrieve all my pound coins sooner rather than later, as they're going to be out of circulation this year. Didn't count the rest of the coins but have got £114 in pound coins

    I'm just looking through them to see if any are rare. It's hard to tell as some are selling on ebay for lots of money more than £1 but on other sites they're not!

    So maybe some potential for extra money
    Mortgage: Was: £154,495 Oct 2039
    Now: £135,941.39 Mar 2038
    MFW #28 £600/£3,000

    Swagbucks ~ £80 (2016 ~ £340)
    Surveys ~ £70.90 (2016 ~ £407.55)
    PTC, etc ~ $72.62 (2016 ~ $696.89)

    Goodbye Princess Leia
    • purplevamp
    • By purplevamp 8th Jan 17, 10:38 PM
    • 7,063 Posts
    • 342,067 Thanks
    purplevamp
    I have lost 3lbs Which is surprising as I have finished off the chocs from xmas Only coffee and orange ones left, so kids and DH can have those.

    Have just cashed out £15 Amazon voucher from survey site, so that's gone into the "pot" for Christmas. Already up to £31

    Got some items ending on ebay tonight and have just noticed 1 of them has a bid. 15 minutes left, so maybe some more bids, doubtful though!
    Mortgage: Was: £154,495 Oct 2039
    Now: £135,941.39 Mar 2038
    MFW #28 £600/£3,000

    Swagbucks ~ £80 (2016 ~ £340)
    Surveys ~ £70.90 (2016 ~ £407.55)
    PTC, etc ~ $72.62 (2016 ~ $696.89)

    Goodbye Princess Leia
    • Kittenkirst
    • By Kittenkirst 9th Jan 17, 7:02 AM
    • 1,217 Posts
    • 5,640 Thanks
    Kittenkirst
    Fingers crossed fore EBay sales last night. Great work on the 3lb loss too.

    Have a great week
    Emergency savings- £905.20 /£1750
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP [B][COLOR="Blue"]£645.10/2150. 30%
    Jan- £68.15, Feb- £306.67, March- £270.22
    • purplevamp
    • By purplevamp 22nd Jan 17, 12:41 PM
    • 7,063 Posts
    • 342,067 Thanks
    purplevamp
    Grrrr. Fridge freezer has broken down completely, and it's out of warranty (obviously!) We've only had it 2.5 years. Not happy at all. It's a Beko. I was against buying it at the time but it seemed like a good deal. My last one was a Samsung and lasted 14 years.

    I'm getting a new one (Samsung) but it's not coming until Wednesday. So we're having to borrow a small camping fridge from my Mum. ATM the milk, etc is outside by the back door, colder out there than the fridge. Cooked up lots of food yesterday but the rest will have to be chucked. I really hate wasting food but it's better than being poisoned or getting the runs
    Mortgage: Was: £154,495 Oct 2039
    Now: £135,941.39 Mar 2038
    MFW #28 £600/£3,000

    Swagbucks ~ £80 (2016 ~ £340)
    Surveys ~ £70.90 (2016 ~ £407.55)
    PTC, etc ~ $72.62 (2016 ~ $696.89)

    Goodbye Princess Leia
    • purplevamp
    • By purplevamp 25th Jan 17, 1:28 PM
    • 7,063 Posts
    • 342,067 Thanks
    purplevamp
    New fridge freezer has arrived and is in place. Can't switch it on for 5 hours as it may explode Apparently this actually happens. So still using the portable fridge. Had to throw 2 binbags full of food away in the end. A lot of it was YS rolls, tubs of leftovers, but also some full packs of fish and meat.

    We may have to get a takeaway tonight as we have no food in the house suitable for dinners

    The new fridge has a 10 year warranty on it
    Mortgage: Was: £154,495 Oct 2039
    Now: £135,941.39 Mar 2038
    MFW #28 £600/£3,000

    Swagbucks ~ £80 (2016 ~ £340)
    Surveys ~ £70.90 (2016 ~ £407.55)
    PTC, etc ~ $72.62 (2016 ~ $696.89)

    Goodbye Princess Leia
    • Kittenkirst
    • By Kittenkirst 3rd Feb 17, 3:15 PM
    • 1,217 Posts
    • 5,640 Thanks
    Kittenkirst
    Did you end up with that naughty take away in the end purplevamp?

    Hope the new fridge freezers bringing you some happiness
    Emergency savings- £905.20 /£1750
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP [B][COLOR="Blue"]£645.10/2150. 30%
    Jan- £68.15, Feb- £306.67, March- £270.22
    • purplevamp
    • By purplevamp 3rd Feb 17, 6:06 PM
    • 7,063 Posts
    • 342,067 Thanks
    purplevamp
    Did you end up with that naughty take away in the end purplevamp?

    Hope the new fridge freezers bringing you some happiness
    Originally posted by Kittenkirst
    Err, yes!!! Papa johns yummy!! There was plenty left for luches the next day too! New fridge freezer is still working and I'm loving it It's just really empty though.

    We struggling with what to make for dinner tonight as there's not enough in the fridge. My DH does the shopping so I blame him for not buying enough food. I'm sure I can scrape something together though!
    Mortgage: Was: £154,495 Oct 2039
    Now: £135,941.39 Mar 2038
    MFW #28 £600/£3,000

    Swagbucks ~ £80 (2016 ~ £340)
    Surveys ~ £70.90 (2016 ~ £407.55)
    PTC, etc ~ $72.62 (2016 ~ $696.89)

    Goodbye Princess Leia
    • purplevamp
    • By purplevamp 12th Mar 17, 9:18 PM
    • 7,063 Posts
    • 342,067 Thanks
    purplevamp
    Well, it looks like I won't be able to OP for some time as I've got to lend my DS1 £2K as him and his mates are moving and they need to give the new letting agents/landlord £10K upfront This is about 6 months rent plus deposit. They've got most of it but are a bit short. He said he'll pay me back but it'll take a long time.

    So within the space of 5 months I'm £4K down Having had to buy 3 kitchen appliances and now this has seriously dented my savings.
    Mortgage: Was: £154,495 Oct 2039
    Now: £135,941.39 Mar 2038
    MFW #28 £600/£3,000

    Swagbucks ~ £80 (2016 ~ £340)
    Surveys ~ £70.90 (2016 ~ £407.55)
    PTC, etc ~ $72.62 (2016 ~ $696.89)

    Goodbye Princess Leia
    • purplevamp
    • By purplevamp 28th Mar 17, 10:02 PM
    • 7,063 Posts
    • 342,067 Thanks
    purplevamp
    I only needed to lend DS1 £800 in the end (only, she says ). So have managed to make my first OP of the year of £600 They've now fixed it for me to OP online rather than go into a branch or phone them and it will come off the term not the interest Minimum I have to OP for a month to come off is £434.80.
    Mortgage: Was: £154,495 Oct 2039
    Now: £135,941.39 Mar 2038
    MFW #28 £600/£3,000

    Swagbucks ~ £80 (2016 ~ £340)
    Surveys ~ £70.90 (2016 ~ £407.55)
    PTC, etc ~ $72.62 (2016 ~ $696.89)

    Goodbye Princess Leia
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