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    • A Frayed Knot
    • By A Frayed Knot 8th Jun 15, 11:34 PM
    • 1,742Posts
    • 7,989Thanks
    A Frayed Knot
    Was Mortgage Free until 52!!!
    • #1
    • 8th Jun 15, 11:34 PM
    Was Mortgage Free until 52!!! 8th Jun 15 at 11:34 PM
    I was a lurker, but inspired by this thread to start my own diary and although my figures are positively small fry to some - its still my mortgage.

    A bit about me, took the plunge and bought a house age 50 plus by myself, everyone asked "Are you mad?" But thought - I can do this.

    Bought at auction, so got a bit of a bargain (the only way I could afford a mortgage) and had what I would call (in my terms) a nice deposit. Took out an 80% mortgage, and lenders would only give me an 18 year term, 2 years fixed at 4.5%, so in my eyes I have already knocked 7 years off my mortgage - how's that for positive thinking?

    I'm now 3 years down the line and have already made the classic mistake, did not renew my fixed term after the 2 years (and still haven't) as it reverted to 3.99% which was lower than I was paying and on making my first large overpayment, they reduced my monthly payments Little did I know what I know now. So its time to get my mortgage in order.

    I have about a years mortgage savings - and about 3 years mortgage payments out on loan at the moment.

    I pay a minimal 45.00 into an isa every month, but was thinking of adding this to my monthly mortgage payments when I remortgage thus reducing the years even further. What do you think?

    I work full time and overtime is available for the moment although I never accept, as I go in early and stay late - could class that as overtime,

    As you can tell, I'm a bit obsessed with overpayments, but well - you can see my point - at my age, want to be "mortgage free" asap.

    Please help.
    Last edited by A Frayed Knot; 02-01-2016 at 12:00 PM.
Page 53
    • giblet1979
    • By giblet1979 16th Oct 16, 12:47 PM
    • 846 Posts
    • 3,396 Thanks
    giblet1979
    I'm exhausted reading! Wish it was motivating me to move but must just read a bit more first....
    Hope you sort the bill out. My phone autocorrected that to bull but the message is essentially the same
    Debt remaining:
    Mortgage - £122,780 (of £134,600)

    Work overpayment and home improvement loan paid back (£19200)


    • mrsp1987
    • By mrsp1987 16th Oct 16, 2:25 PM
    • 781 Posts
    • 3,751 Thanks
    mrsp1987
    Jeez, and I was impressed with the fact that today I've out all my clothes away, put more laundry on, emptied and refilled the dishwasher, gone food shopping and started making soup for lunch this week and cooked myself lunch.

    I hope you get the bill sorted too. If it's 177 days, that sounds like a 6 month bill. Some suppliers bills can be very awkward and confusing to read
    Mortgage April 2011: £108,499 30 yr term Current Mortgage £96,211.87 20 yrs 10 months left
    O/P Fund: £2,336.81/£1,000
    Tilly Tidy #11: I've completely lost count!!
    MFiT T4 #67 - Reduce mortgage from £99,310.76 to £80,000. Currently £95,166.53
    • Karmacat
    • By Karmacat 17th Oct 16, 8:47 AM
    • 26,541 Posts
    • 140,116 Thanks
    Karmacat
    Oh my! You have *such* a lot going on, I feel quite bad about rabbiting on so much on my thread. Really hope you can get things sorted, and am definitely going to copy your "clean the bathroom from top to bottom".
    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
    • A Frayed Knot
    • By A Frayed Knot 17th Oct 16, 9:11 AM
    • 1,742 Posts
    • 7,989 Thanks
    A Frayed Knot
    Thank you Karmacat, the spider in the bathroom didn't quite appreciate my cleaning and polishing the tiles, I was watching it try to climb up the tiles and it looked as if it was on a skating rink didn't quite manage the pantry yesterday, so on today's list, such a nice way to spend my day off However will be worth it.

    I now have 110 items listed on the b@y, where does it all come from? so need a good storing system, so I can find the items when (if) they sell. Have no idea how/where to sell a huge amount of dvd's.

    Also on the hit list for today is bedroom2, just need a quick (which will probably take me a couple of hours at least ) tidy, sort, clean. I am so looking forward to everything being in its place and a place for everything.

    I have started that shopping that begins with an X., determined to be organised this year, and have also withdrew £150 from my eb@y sales which I have been leaving to mount up. Not sure where its going yet, but will be put to good use, somehow.
    Always have 00.00 at the end of your mortgage balance and someday it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    o/p 2014/£4000, 2015/£6294.69 MFW2016 #27 £3101.03/£3000
    £1000/£1000 51.44/33.29=84.73
    • SueP19
    • By SueP19 17th Oct 16, 11:58 AM
    • 1,697 Posts
    • 14,447 Thanks
    SueP19
    Hiya hun, thanks for saying you missed me

    Sounds like you been very busy, will update my diary tomorrow with all the good and bad lolo


    Oh and coz I do love that choc bunny xxxx

    MFiT-T4 #57 £300/£20,000 MFW 2016 #53 £300/£4,800
    Mort Oct 15 £70,353 £66,422 MF Dec 31 Jun 31(191 176 mnths)
    EF 2016 £700/£1,000 Debt May 09 £30,217Jan 16 £17,734
    Tilly Tidy #1 £50.55/£250
    • A Frayed Knot
    • By A Frayed Knot 17th Oct 16, 12:57 PM
    • 1,742 Posts
    • 7,989 Thanks
    A Frayed Knot
    Hi Sue

    Yes, missed all the chat and updates. Look forward to your postings, its been a long time.


    As usual, i'm going about in circles, and had a run of luck but not good, shall we say, but it's changing. Still it's all sent to try us and I still look calm and collect on the surface, underneath I'm paddling like mad


    And since it's nearly Christmas, you'll be happy cause, that's when you can look forward to . . . . . . . . . . . . .
    the chocolate bunnies
    Always have 00.00 at the end of your mortgage balance and someday it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    o/p 2014/£4000, 2015/£6294.69 MFW2016 #27 £3101.03/£3000
    £1000/£1000 51.44/33.29=84.73
    • giblet1979
    • By giblet1979 17th Oct 16, 10:38 PM
    • 846 Posts
    • 3,396 Thanks
    giblet1979
    Is it just my mind or does that look really wrong...... x
    Debt remaining:
    Mortgage - £122,780 (of £134,600)

    Work overpayment and home improvement loan paid back (£19200)


    • A Frayed Knot
    • By A Frayed Knot 22nd Oct 16, 9:27 AM
    • 1,742 Posts
    • 7,989 Thanks
    A Frayed Knot
    Is it just my mind or does that look really wrong...... x
    Originally posted by giblet1979
    Translation - When xmas is here, Easter bunnies come out next

    Well, what a week, what a week. Still trying to get over events at work yesterday. Lets just say it was one of these events that will haunt me.

    Its been an odd sort of week, and I only had 4 days at work, and as I was really busy listing last week, other duties were shall we say got neglected. So had to buy Lunch twice, I will be organised for the next week.

    Done some batch cooking at the beginning of the week, so happy I have main meals all ready in the freezer.
    Only need basics, till payday on Thursday, but its not till Tuesday next that mortgage payment comes out. Does anyone else wish mortgage payment would come out same day as pay day? or am I just odd
    Have had 5 nsd since last week, and have sold 7 items of which 3 I have to post this am.

    Made some pancakes last night, they were delicious, thinking I may make some one day next week before I go to work and take them in with me.

    Switched to bt from sky, so that changes at the end of the month, but still to phone re standing charge on elec bill, and received letter telling me that saga agreement has been reached (?) Without going into too much detail (don't want to jinx) - work starts Monday.

    Off to hang up washing that's just finished and parcel up the 3 items for the PO.
    Always have 00.00 at the end of your mortgage balance and someday it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    o/p 2014/£4000, 2015/£6294.69 MFW2016 #27 £3101.03/£3000
    £1000/£1000 51.44/33.29=84.73
    • mrsp1987
    • By mrsp1987 22nd Oct 16, 10:01 AM
    • 781 Posts
    • 3,751 Thanks
    mrsp1987
    Keeping my fingers crossed for you re Monday!!
    Mortgage April 2011: £108,499 30 yr term Current Mortgage £96,211.87 20 yrs 10 months left
    O/P Fund: £2,336.81/£1,000
    Tilly Tidy #11: I've completely lost count!!
    MFiT T4 #67 - Reduce mortgage from £99,310.76 to £80,000. Currently £95,166.53
    • giblet1979
    • By giblet1979 22nd Oct 16, 10:23 AM
    • 846 Posts
    • 3,396 Thanks
    giblet1979
    Yes.. fingers crossed and hope you are okay re: work x
    Debt remaining:
    Mortgage - £122,780 (of £134,600)

    Work overpayment and home improvement loan paid back (£19200)


    • tattycath
    • By tattycath 22nd Oct 16, 10:38 AM
    • 6,643 Posts
    • 35,126 Thanks
    tattycath
    Well done with your cleaning and your eb@y listings. I still need to get my rear in gear.
    Good luck with your saga, I hope it's soon resolved.
    It's about time you had a run of good luck.
    GE 36 *MFD December 2027-target 2020
    MFIT-T4 No 106
    EF £100/£2000 - SSF £350
    Mortgage : £5,935/£10,000
    November: £118.00/£200
    November £77.00/£250
    Savercard Christmas savings £150
    19/3/16 = 176lb
    • Moneyfordreams
    • By Moneyfordreams 23rd Oct 16, 9:34 AM
    • 645 Posts
    • 3,039 Thanks
    Moneyfordreams
    I still look at your ebay listings and think wow... apart from the early (and the best) items I've not had much luck. maybe I need a do it and sort day... I'll say next wednesday as i'm off...
    Mortgage Feb '13 £200000, end 2038. Aiming for before March 2025 (crunched to 2034)
    January 16 £182800 : minimum £360 OP but needs to be £600 to achieve 2025
    Current mortgage £168060
    Car loan finished oct 16
    h@lifax CC £5360 0% until May 2018.. will pay minimum for now, slow stooze
    • A Frayed Knot
    • By A Frayed Knot 23rd Oct 16, 11:34 AM
    • 1,742 Posts
    • 7,989 Thanks
    A Frayed Knot
    Thanks mrsp, giblet, tattycath and MFD's. Hopefully things will all work out, house and work wise.

    Another early start this morning, beautiful sunny morning here , Bexster will be out on her balcony and so would I, if I had one. One side of kitchen all clean and tidy, and dishes done. Bed done, all ironing done - always pleased to have that done early morning,
    Was up in the loft, just to make sure there was enough room incase workmen needed access., was told they did, then told, they didn't. What ! ! do I not have up there, I'm sure I could kit out another house, forgot about a lot of the stuff treasures, I bought when renovating this house, like SueP could really use going to a car boot sale, but not to buy items to sell them. However, how on earth would I get a bathroom suite, 2 rolls of carpet and 2 rolls of lino, 2 sets of golf clubs and countless other items into a car boot Not getting rid of the carpets, they are gorgeous and expensive tartan/check ones, so keeping them until one of the rooms need replacing.

    MFD's - that's the worst part, sorting and listing, it takes me ages, as I go the old fashioned route, must be a simplier way, just not sure, how Will look forward to your posting on Wed, to see how many you managed to sort and list, it's the best time to sell, you know.

    Off to list some more on the b@y, really need to get items out, c@sh in, as I had quite a spendy day, yesterday, again All needed items and all bargains
    Last edited by A Frayed Knot; 23-10-2016 at 11:37 AM.
    Always have 00.00 at the end of your mortgage balance and someday it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    o/p 2014/£4000, 2015/£6294.69 MFW2016 #27 £3101.03/£3000
    £1000/£1000 51.44/33.29=84.73
    • ScotinLondon
    • By ScotinLondon 23rd Oct 16, 11:52 AM
    • 268 Posts
    • 3,019 Thanks
    ScotinLondon
    Its a lovely morning here in north London.
    Washing was out on the line early this morning for us and we got the weeks shopping done too...
    AFK - just remember to take care of yourself and remember to breathe..!


    I've got rid of a few stuff for free and for sale through Streetlife - it has literally been a lifesaver for us. Gumtree has come in handy for books and other ACCA books that I can't sell, I will be giving to the local charity shop for them to sell...


    Back to sort out my budgets now, as have not done so for about a fortnight, not good but there we go. RL too busy. Study after that.


    Take care all


    SIL
    NSD J16 23/31; F16 19/29; M16 24/31; A16 24/30; M16 19/31; J16 20/30; J16 20/31; A16 25/31; S16 23/30; O16 24/31; N16 16/30
    GC Mar-Sept £868.45/£1,040; Sept/Oct £129.36/£140; Oct/Nov £99.52/£150.00
    CCC 2016 £40.43/£400
    • bexster1975
    • By bexster1975 23rd Oct 16, 4:40 PM
    • 857 Posts
    • 4,425 Thanks
    bexster1975
    Hello all. Sorry I have been MIA, though not on the balcony!

    Busy here, planning a bathroom refit ( partly to do with a minor leak ) and busy with work. Still going well ( sadly AFK a few weeks before I'm lunching at H of C again!) also done some cleaning and tidying this weekend. Beds changed, ironing done and C planning begun! ( sorry to those allergic!) four day weekend next weekend. Have fun plans fri and Monday so NSDs mon-Thursday this week ( got to keep my numbers up AFK!). Still got stuff to finish today, then sort stuff for work in the am.

    Have a great afternoon all!

    Bexster
    • SueP19
    • By SueP19 24th Oct 16, 2:46 PM
    • 1,697 Posts
    • 14,447 Thanks
    SueP19
    Get listing them there pieces of carp ahem preciouses

    Not sure I can see you carting a bath to a carboot but I think ik*a do wheels
    MFiT-T4 #57 £300/£20,000 MFW 2016 #53 £300/£4,800
    Mort Oct 15 £70,353 £66,422 MF Dec 31 Jun 31(191 176 mnths)
    EF 2016 £700/£1,000 Debt May 09 £30,217Jan 16 £17,734
    Tilly Tidy #1 £50.55/£250
    • SueP19
    • By SueP19 28th Oct 16, 2:23 PM
    • 1,697 Posts
    • 14,447 Thanks
    SueP19
    ?? you alright misses
    MFiT-T4 #57 £300/£20,000 MFW 2016 #53 £300/£4,800
    Mort Oct 15 £70,353 £66,422 MF Dec 31 Jun 31(191 176 mnths)
    EF 2016 £700/£1,000 Debt May 09 £30,217Jan 16 £17,734
    Tilly Tidy #1 £50.55/£250
    • A Frayed Knot
    • By A Frayed Knot 29th Oct 16, 11:25 PM
    • 1,742 Posts
    • 7,989 Thanks
    A Frayed Knot
    Keeping a low profile, as don't want to keep on moaning re "saga" but here it comes anyway,

    Mon - turned up 10.00am, took what we thought was a break at 10.30am, but no - they were gone - total work for the day 30 mins.Tues - no show
    Wed - done maybe 1-2 hours (generous) work - then gone
    Thurs - no show
    Frid - no show - phoned, said it might be because of the rain - What RAIN ???? its sunny

    And onto other business - was waiting on the email to come out with dates of o/t for Nov, didn't appear, by the time I asked, 1 FRIDAY night left - so have told them in no uncertain terms - not happy was planning on doing at least one night per week, would have helped me immensely This will be brought up at next meeting, but doesn't help me now, and who wants to do o/t in Dec.

    Spent £17 on topping up all the little extras to hopefully keep me going for a week or two before spending any ££'s from this months salary. And the b@y is selling items at a trickle, but happy enough with what's happening there, could be better but could be a lot worse.

    My BT box should arrive Mon, then will probably spend the next two nights figuring it all out.

    Washings done, bedroom tidy, had a bit of a lazy day, then dinner out.
    Always have 00.00 at the end of your mortgage balance and someday it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    o/p 2014/£4000, 2015/£6294.69 MFW2016 #27 £3101.03/£3000
    £1000/£1000 51.44/33.29=84.73
    • tattycath
    • By tattycath 29th Oct 16, 11:34 PM
    • 6,643 Posts
    • 35,126 Thanks
    tattycath
    Sorry to hear things aren't improving re. Saga. Sorry about overtime plans not working out either. I hope things improve for you soon AFK.
    I still need to get more stuff up for sale. I've sold a few bits but still have loads of stuff to go at.
    GE 36 *MFD December 2027-target 2020
    MFIT-T4 No 106
    EF £100/£2000 - SSF £350
    Mortgage : £5,935/£10,000
    November: £118.00/£200
    November £77.00/£250
    Savercard Christmas savings £150
    19/3/16 = 176lb
    • A Frayed Knot
    • By A Frayed Knot 30th Oct 16, 1:05 AM
    • 1,742 Posts
    • 7,989 Thanks
    A Frayed Knot
    I'll get there, eventually The b@y is helping, but I do have lots and lots to get rid sellCome Monday and I will be giving myself another "talking to" telling myself "I will be organised" for the following month, I will NOT be running around at the last minute, December is going to be a nice calm month for me

    Your up late ?? like me
    Always have 00.00 at the end of your mortgage balance and someday it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    o/p 2014/£4000, 2015/£6294.69 MFW2016 #27 £3101.03/£3000
    £1000/£1000 51.44/33.29=84.73
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