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  • FIRST POST
    • Kittenkirst
    • By Kittenkirst 5th Feb 16, 10:35 AM
    • 1,342Posts
    • 6,540Thanks
    Kittenkirst
    Getting a mortgage and then becoming mortgage-free!
    • #1
    • 5th Feb 16, 10:35 AM
    Getting a mortgage and then becoming mortgage-free! 5th Feb 16 at 10:35 AM
    Hi all!
    So from my title you may have guessed I don't yet have a mortgage, however I am hoping that will all change within the next few weeks.
    I will then start on overpaying the mortgage and really penny pinching to try and reduce it down as much as possible!

    I'm hoping this is alright to start my diary in here? :-)

    The story so far, my lovely girlfriend and I have been discussing getting a place together for some time. We started looking at houses (al very small and far from her parents- which is a no-no, we want to be close to them to visit regularly). Last weekend we went to see a new build development and fell in love with a house- less than 2 miles from her parents, perfect size for the two of us and within our budget (from getting mortgage in principle information and confirming monthly payments were well within our budgets).

    Sooooo we took her parents round for their seal of approval, spoke with an agent we know through the family about pertinent questions to ask, did lots of number crunching and then placed a reservation.....

    ....so we've now got paperwork from solicitors re the conveyancing etc and paperwork from the mortgage advisors to sort out this weekend.
    We have re-jogged our budget to ensure we had the deposit in savings by end of Feb (we thought we'd have a few months before we found anywhere) so are ready to almost hand over £18500 :O

    I have agreed to move into her parents house and pay rent in mid March to prevent paying rent, bills and food (will save an extra £500 a month) so we should be in a good position for when the house is ready September/October time!

    Does anyone have any hints or tips so far?

    Our brokers/solicitors are ones recommended by family who've used them and really recommend them and we've sense checked the rates the solicitors charge to ensure its competitive.
    Emergency savings- £3005. /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1296.80/ £2150. 60%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £205.32
Page 26
    • Kittenkirst
    • By Kittenkirst 6th Mar 17, 6:57 PM
    • 1,342 Posts
    • 6,540 Thanks
    Kittenkirst
    Ooooh thanks Fortune! Added to the list is

    Turkey laksa
    Turkey enchiladas
    Turkey & ham bake

    Good link thank you so much!

    Tonight is turkey pie lean in 15 style with enough leftover for my lunch tomorrow. The rest is portioned up for two person meals- 4 bags worth!!

    Tried a run tonight but only got 0.66miles down the road before the calf pinged again. Grrrrr!

    Yougov & Onepoll surveys completed and I called Clydesdale to find out our interest for the month is £44 less than it would have been without the OPs woooooo!

    Took the plunge today and plundered my emergency savings to pay off the majority of my credit card. Another £240 to pay on payday and it's gone forever...will then ramp back up with the savings. Regular saver remains untouched and another £300 will go in this week making it £900.

    Works sharesave schemes have opened and the shareprice is very enticing- may have to squeeze £100 a month into that if I can get the figures to add up in the short term. Will have a play with the banking app and see what magic I can work.
    Emergency savings- £3005. /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1296.80/ £2150. 60%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £205.32
    • ch4rly2002
    • By ch4rly2002 7th Mar 17, 11:36 AM
    • 183 Posts
    • 733 Thanks
    ch4rly2002
    Sounds like you're really making the most out of that turkey - well done!

    Sorry to hear about the calf, that doesn't sound very fun I hope it gets better soon.

    £44 less interest is fabulous - straight back in your pocket. Makes it all worth while
    Savings: Aim £10k. Dec 2016 £1,700 / Current £9,425
    Mortgage: Dec 2014 -£216,000 / Current -£198,600
    BTL Mortgage: Dec 2014 -£136,000/ Current -£126,600
    Loan to In-Laws: Sep 2010 -£48,185.82 / Current -£35,655.49
    Student Loan: March 2011 -£18,275.04 / Current -£14,310.60
    CC 0%: Nov 2016 -£4,500 / Current -£3,650.27
    • Kittenkirst
    • By Kittenkirst 7th Mar 17, 6:02 PM
    • 1,342 Posts
    • 6,540 Thanks
    Kittenkirst
    Definitely Charly, gave me the motivation to keep on plodding!

    After yesterday's NSD today was a bit more spendy- £6.44 in Sains & £5.73 in Aldi for some groceries (including ibuprofen gel for the calf). Picked up cheap chicken thighs so will cook some tonight for dinner (recipe link below) and roast the others off to make a chicken pie for tomorrow as have two friends over! Carrot & coriander soup is bubbling on the stove for lunches using those 35p carrots

    Calf is giving a lot of pain today so other than cooking I think it's a tv for one night- will keep checking surveys to see if can up those! Had a prolific one but it gets to the video bit and keeps cutting out so it's not meant to be.

    Took the second suit back to sainsburys today at lunch and got the £73 refunded which I'm pleased about as I'm usually awful at returning things!

    Sorted out work sharesave scheme today: decided to stop my store vouchers from May and will put the £110 into sharesave, with an added £30 for good measure- so £140 going in from salary for 36 months. That should be a nice £5040 in three years plus any additional if the share price goes up (at the current rate I'd make a tidy £1000 but I'm just pleased to be saving with minimal efforts

    Recipe: https://www.bbcgoodfood.com/recipes/3084682/rosemary-roast-chicken-thighs-new-potatoes-asparag
    Last edited by Kittenkirst; 07-03-2017 at 6:25 PM.
    Emergency savings- £3005. /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1296.80/ £2150. 60%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £205.32
    • Kittenkirst
    • By Kittenkirst 7th Mar 17, 6:27 PM
    • 1,342 Posts
    • 6,540 Thanks
    Kittenkirst
    Oh and Charley- wow to your savings amount!! Fantastic figures
    Emergency savings- £3005. /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1296.80/ £2150. 60%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £205.32
    • EatingTheElephant
    • By EatingTheElephant 7th Mar 17, 7:05 PM
    • 973 Posts
    • 4,972 Thanks
    EatingTheElephant
    Your meals always sound amazing, thank you for the inspiration. I hope the gel helps with the calf, sounds very painful.
    • Kittenkirst
    • By Kittenkirst 7th Mar 17, 7:16 PM
    • 1,342 Posts
    • 6,540 Thanks
    Kittenkirst
    Thanks ETE I love trying new recipes and am a bit of a grocery splurger so I'm trying to reign it in! I do however still have 3 bunches of asparagus in the chest freezer from when it was 39p at Lidl/Aldi (I forget which!)

    Just made an OP....drum roll please....13p! I do wish I could throw serious money at this but it's a marathon not a sprint....baby steps all the way!
    Emergency savings- £3005. /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1296.80/ £2150. 60%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £205.32
    • gallygirl
    • By gallygirl 7th Mar 17, 8:37 PM
    • 16,375 Posts
    • 107,212 Thanks
    gallygirl
    Just made an OP....drum roll please....13p! I do wish I could throw serious money at this but it's a marathon not a sprint
    Originally posted by Kittenkirst
    Yup, and a whole 13p you'll never pay interest on again .
    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"
    • themadvix
    • By themadvix 8th Mar 17, 8:59 AM
    • 821 Posts
    • 3,382 Thanks
    themadvix
    DH has been in several Sharesave schemes through work but unfortunately only once has the share price been an increase on the opening price, but it was still nice to receive a big fat cheque for all the money we'd saved without any effort!

    PS Don't knock it - I'd love to be able to pay 13p off at a time!
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
    • ch4rly2002
    • By ch4rly2002 8th Mar 17, 11:54 AM
    • 183 Posts
    • 733 Thanks
    ch4rly2002
    I agree with TMV... it's good to be able to pay small amounts. Our last mortgage with the Bank of Ireland let us pay off 10% of the year's start balance but you couldn't make one off payments, they had to be from a standing order.... minimum of £1000 per month! we didn't actually overpay a penny for the two years we were with them, so 13p is actually a big improvement on them!
    Savings: Aim £10k. Dec 2016 £1,700 / Current £9,425
    Mortgage: Dec 2014 -£216,000 / Current -£198,600
    BTL Mortgage: Dec 2014 -£136,000/ Current -£126,600
    Loan to In-Laws: Sep 2010 -£48,185.82 / Current -£35,655.49
    Student Loan: March 2011 -£18,275.04 / Current -£14,310.60
    CC 0%: Nov 2016 -£4,500 / Current -£3,650.27
    • Kittenkirst
    • By Kittenkirst 8th Mar 17, 11:37 PM
    • 1,342 Posts
    • 6,540 Thanks
    Kittenkirst
    Yes, it's definitely good to be able to send any pennies across. 33p sent today so it soon adds up. We're at £15.77 for March made up of these little tilly tidies, pinecone surveys & the change jar

    Pay day is now a week away- looking forward to OP'g the council tax of £130 this month and bumping the OP figure a little.

    NSD today again- took in some flatbreads mum in law made, with scrambled eggs made at home and heated up with leftover spaghetti hoops. Due to a busy work day and hobbling around I had breakfast at lunch so didn't eat my carrot soup so will have it tomorrow.

    Made the pie for dinner with friends. Last nights chicken in a bechamel with mustard sauce with leeks and sweet corn. Turned out to be delicious with the filo topping. Dinner went well but friends were late and one seemed a little out of sorts really. Bestir and I sat watching kerrang until 11pm (making good usage of my sky subscription!)

    Working from home now tomorrow as struggling to drive with the dodgy leg so it's a later start in the morning.

    Some Onepoll surveys completed tonight earning £1.20, am now past the £20 mark so I'm pleased with that!
    Last edited by Kittenkirst; 09-03-2017 at 6:55 AM.
    Emergency savings- £3005. /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1296.80/ £2150. 60%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £205.32
    • Kittenkirst
    • By Kittenkirst 9th Mar 17, 8:00 AM
    • 1,342 Posts
    • 6,540 Thanks
    Kittenkirst
    Nice little notification on my phone this morning- £22.50 comfirmed from quidco for my car insurance. Result! I have made the withdrawal request and added it to my accounts app to do the money shuffle to the mortgage when it clears.

    83p tilly tidy sent this morning as groceries from Monday debited this morning. Due to payday in 6 days there should be no more money shuffled until the 15th.

    This month and March (as payday is 15th I work from 15th-14th as a month) are looking pretty tight as I'm wiping off the remainder of the credit card as the 0% ends in April.
    This credit card was an education for me as I (rather foolishly) balance transferred my ex fiances credit card balance, which he'd wracked up with just daily spending and being lax. It's been a painful lesson to learn as we split three years ago now (he's now married with his first child , from this relationship, on the way). I believe the banks no longer let you balance transfer from a different name which is good to see as probably protects people from being a little naive.

    Good news is it is nearly gone, and there's wiggle room in my budget to get the cat flap fitted in the patio door this month

    Have had confirmation of my annual bonus rating being achieving which is good (it's been a turbulent year) so just waiting to find out what the translates to in bonus figures (anything above £500 after tax would be amazing) and also in pay increase, if any. Fingers crossed for me lovelies
    Emergency savings- £3005. /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1296.80/ £2150. 60%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £205.32
    • ch4rly2002
    • By ch4rly2002 9th Mar 17, 9:39 AM
    • 183 Posts
    • 733 Thanks
    ch4rly2002
    Ouch, I'm sorry about the ex's CC balance, but I am really pleased that it's nearly finished for you. Onwards and upwards

    Good luck with the bonus!
    Savings: Aim £10k. Dec 2016 £1,700 / Current £9,425
    Mortgage: Dec 2014 -£216,000 / Current -£198,600
    BTL Mortgage: Dec 2014 -£136,000/ Current -£126,600
    Loan to In-Laws: Sep 2010 -£48,185.82 / Current -£35,655.49
    Student Loan: March 2011 -£18,275.04 / Current -£14,310.60
    CC 0%: Nov 2016 -£4,500 / Current -£3,650.27
    • Kittenkirst
    • By Kittenkirst 9th Mar 17, 8:58 PM
    • 1,342 Posts
    • 6,540 Thanks
    Kittenkirst
    Hmmmm received the council tax statement today for the new tax year and it seems as we moved in mid way through the year we only had one council tax free month....this means that the next year of dd's starts on 1st April so have to discount that £130 going as an OP.

    Will have a gander at other ways to make up some money to keep on track with target.

    Worked from home today so made brekkie lunch and dinner (porridge with jam, carrot soup & bread, chicken Kiev mangetout and potato bolangerie) took dad in law to pick up his car from the garage (most awful customer experience I've ever had I must say) so I swiped a complimentary frothy latte to drink on the way home & a cadburys brunch bar for the cupboard!

    Other than that a very quiet day today!
    Last edited by Kittenkirst; 10-03-2017 at 7:25 AM.
    Emergency savings- £3005. /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1296.80/ £2150. 60%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £205.32
    • Kittenkirst
    • By Kittenkirst 10th Mar 17, 7:41 AM
    • 1,342 Posts
    • 6,540 Thanks
    Kittenkirst
    Another lovely little cashback notification this morning -£130 from Sky massively fortunate timing as it'll make up for not paying any 'council-tax free' months in exactly.

    So this months OPs will be:

    £130 cashback
    £22.50 cashback
    £89.81 rounding mortgage payment to £900
    £5 reward payment for contactless swipes (if we hit the target)

    £247.31 aiming for- currently at £16.60 so should manage over the £250 mark this month thanks to the cashback

    The rest will all come from tilly tidies/change/eBay

    I've not listed anything this week so need to get my butt im gear and do some this weekend- need the clutter gone and the pennies on the mortgage!

    Gf is home tonight after a week in Scotland with work- really looking forward to her coming home. We have a snuggle night on the sofa planned catching up with Broadchurch, the replacement & suits. Might even treat ourselves to a posh pizza express pizza from the freezer as a 'fakeaway'

    (Can you tell I'm feeling very chipper based on the use of emoticons? :P )
    Emergency savings- £3005. /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1296.80/ £2150. 60%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £205.32
    • themadvix
    • By themadvix 10th Mar 17, 10:29 AM
    • 821 Posts
    • 3,382 Thanks
    themadvix
    Great progress on all the small things KK! Pity about the council tax though. Fingers crossed you get the bonus you're hoping for!
    OPs 2017 = £2603/£10000
    S&S ISA = £300/£600
    OPs made 2016 = £6142.12
    Starting balance 2012: £132000; balance June 2017: £99,974
    MFW2017 no. 38
    • Kittenkirst
    • By Kittenkirst 11th Mar 17, 10:04 AM
    • 1,342 Posts
    • 6,540 Thanks
    Kittenkirst
    So my lady is home

    Last night was lovely, nipped to see her parents & the cat as they all miss her when she's away too, and then we caught up on some midweek tv we both enjoy and had our fakeaway pizza & chippies. So nice having her home!

    Woke up this morning and the leg pain has massively reduced- hurray! So I will be doing a lot of the exercises the physio recommended when I tore it years back and am going to register with the docs and go see them about it as it's happened twice in the last three months which makes life difficult.

    Off to visit gf's flat today to try and work out why it's not renting but there is a viewing today! We will work around the viewing and then see if it needs a deep clean or some of the furniture renovating etc....she's still covering the cost which includes council tax, whilst it's empty
    Emergency savings- £3005. /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1296.80/ £2150. 60%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £205.32
    • Kittenkirst
    • By Kittenkirst 12th Mar 17, 12:00 PM
    • 1,342 Posts
    • 6,540 Thanks
    Kittenkirst
    Morning morning mfw's!

    Yesterday was a (by our standards) spendy day- we went to the flat and had a look around, it looks in good shape but the sofa is a little tatty and could do with a clean or possibly replacement so we're looking on gumtree/freecycle etc. we took advantage of the free parking at the flat and walked into town as my leg was feeling ok.

    I took back some shoes so £31.20 back on the Debenhams voucher card, and we popped to the fruit & veg market for some bits for mum and some for us and spent £4.20.

    We then went to a local sandwich place we both love but haven't visited in a year called Croques and had monster melted toasties which were delicious! Spent a naughty £9.20 but it was lovely and we had a nice afternoon together.

    We then popped to a fab veggie place called The Good Earth that's always closed when we do shopping on Sunday's (free parking day!) and got some cakes to take to mum and dads for dinner so £8 spent.

    Total spend yesterday was a naughty £23 between us which isn't too bad as we feel like we had a lovely treat day and resisted places like pizza express where we would spend that much just on two pizzas!

    I unpacked some boxes in the silversmith room yesterday and then we went to mum and dads for some Dhal, shak & rotlis which was lovely

    NSD today is planned- we've collected all the remaining boxes from above the shop and so today I am going to Potter about trying to find homes for all of the stuff- I have a lot more than I thought as it's been split into different locations for a few years and seems to have multiplied! I'll make a start after lunch whilst the gf logs in and catches up with some work.

    A few loads of washing are being done today and cooking an Asian style Thai pork mince for dinner with noodles for me and cabbage salad for us both....quite looking forward to supper and to using up noodles that have a best before of Jan 2015 (whoooops....they'll be fine!!)
    Last edited by Kittenkirst; 12-03-2017 at 12:08 PM.
    Emergency savings- £3005. /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1296.80/ £2150. 60%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £205.32
    • chumpy45
    • By chumpy45 12th Mar 17, 12:09 PM
    • 315 Posts
    • 1,331 Thanks
    chumpy45
    Yum yum, all your recipies and meals sound gorgeous and are inspiring me to dig out the recipe books again - it's so easy to cook the same old things just for a quick turnaround when everyone is rushing around. Also, well done on all the small amounts, TTs etc which are adding up to brilliant OPs. You are doing so well
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017;
    • Kittenkirst
    • By Kittenkirst 12th Mar 17, 3:35 PM
    • 1,342 Posts
    • 6,540 Thanks
    Kittenkirst
    Hey Chunpy, we too get stuck in a good rut so we try to mix things up and we are both keen Instagram/Pinterest users so folllow a lot of food writers/blogs which keeps our interest.

    We do have quite a lot of standard meals like ive had carrot & coriander soup for lunch this week a few times and porridge/cereal for breakfast. Today's lunch was mini wraps (50p a pack at Aldi) with some cheese swiped from work buffet lunch (there was a cheeseboard so I took home the leftovers once the suppliers had left!).

    Also, I'm a tad greedy, I have to really reign in my impulse to eat anything and everything at all times

    Many boxes are now away upstairs in temporary homes until I work out how best to run the studio space. I know have a huggggge tub of mixed beads to sort through and tidy!
    Emergency savings- £3005. /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1296.80/ £2150. 60%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £205.32
    • Kittenkirst
    • By Kittenkirst 13th Mar 17, 9:13 PM
    • 1,342 Posts
    • 6,540 Thanks
    Kittenkirst
    Evening all, pretty rubbish work day today and finished late.

    Girlfriends away with work from tomorrow and I'm away on Wednesday night so we did a small grocery shop this evening. We picked up 478g smoked cod loin reduced from £8.73 to £1.75 so we made fish tacos using the last of the mini wraps and the spice mix was used in homemade coleslaw (grated carrot chopped onions and cabbage mixed with light mayo, water and a little lemon juice) YUM!

    We also bought posh chocs reduced to 80p for the weekend with friends, disposable razors and a reduced pink bucket with cornflower seeds & compost for £1.25 (box was ripped but all contents inside so was £1.25 instead of £5)

    Pretty pleased with that little lot, and the cod made enough for four portions so two are in the freezer for a pie or something else another time.

    The remaining money was tilly tidied to the mortgage so £3.70 sent this evening

    Payday is on Wednesday and it can't come soon enough, I've been counting the days however this month is again going to be a tight month...best get used to soup nights when the gf is away to keep costs down
    Emergency savings- £3005. /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1296.80/ £2150. 60%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £205.32
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