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  • FIRST POST
    • Kittenkirst
    • By Kittenkirst 5th Feb 16, 10:35 AM
    • 1,439Posts
    • 7,130Thanks
    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- £3550.96 /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1444.02/ £2150. 67%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £279.15 July: £73.98
Page 28
    • ch4rly2002
    • By ch4rly2002 20th Mar 17, 9:13 AM
    • 195 Posts
    • 828 Thanks
    ch4rly2002
    Congratulations!
    Savings: Aim £10k. Dec 2016 £1,700 / Current £9,825
    Mortgage: Dec 2014 -£216,000 / Current -£197,300
    BTL Mortgage: Dec 2014 -£136,000/ Current -£125,800
    Loan to In-Laws: Sep 2010 -£48,185.82 / Current -£35,655.49
    Student Loan: March 2011 -£18,275.04 / 29th April 2017 -£14,003.85
    CC 0%: Nov 2016 -£4,500 / Current -£3,613.77
    • themadvix
    • By themadvix 20th Mar 17, 1:15 PM
    • 897 Posts
    • 4,355 Thanks
    themadvix
    Kittens! Wahoo, Kittens!!! Did you know it's compulsory to share photos of newly homed kittens on the Internet? You didn't? Well I am telling it is!

    You'll have SO much fun with them KK, but don't leave anything they shouldn't chew, anywhere they might one day reach! When we got ours we went out one day, leaving them in the house. There's a shelf by our back door, but at the time they couldn't get up there. We'd left some travel sickness pills (2, just in a small blister pack, no cardboard) that we intended to take to a relative on the shelf. When we came back later that evening, we were amused to see the kittens had managed to jump onto the shelf for the first time. We thought nothing more of it until the next day when I discovered a *very* chewed *empty* blister pack on the floor. We knew which cat it would have been (eats anything in sight, including plastic, even now), so panicked call to the vets ensued. Fortunately the drug was licensed for use in cats in the States, but he'd eaten 17 times the dose he should have had. Anything could have happened, including liver failure, but we were incredibly lucky and there were no noticeable effects (although he's SO daft we do wonder about his brain sometimes!). So.... moral of the story is, never assume they can't get to something!! (Our cats also open various magnetised cupboard doors and the kitchen has a latch to stop them getting in...).

    And... don't be precious about your curtains! And that doesn't stop when they're light enough not to do major damage to them - ours are big 3-year-old boys and still climb them occasionally!

    oooh, kittens!
    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
    • newgirly
    • By newgirly 20th Mar 17, 8:32 PM
    • 5,683 Posts
    • 38,950 Thanks
    newgirly
    Bye bye lovely new house then

    Congratulations on your soon to be new arrivals, what other names do you like? , oscar is good our pets are always Harry Potter related, the most awkward was mrs. Norris the cat , always much confusion at the vets

    P.s. we must have pictures.
    MFW 21
    Target for 2017 £38,545 / £10,784 paid so far

    Mortgage £49,452 4 years 10 months left. Total owed £69,512 planning to clear in 18 months
    Weightwatchers target - 29.5 lb start date 11/5/17 so far 8.5lb lost
    • try harder
    • By try harder 21st Mar 17, 9:59 AM
    • 460 Posts
    • 1,440 Thanks
    try harder
    Oh how lovely ,i am a huge cat lover too like many others on here and who can resist kittens ,i have to stay away from friends with kittens now as i always seem to end up taking one home .
    • CathT
    • By CathT 21st Mar 17, 1:10 PM
    • 5,200 Posts
    • 35,705 Thanks
    CathT
    Ah lovely news about the new kittens. Congratulations on clearing the cc too!!
    July 2017 -
    part 1 - £80,702
    part 2 - £46,583
    Total - £127,285
    • Kittenkirst
    • By Kittenkirst 21st Mar 17, 5:00 PM
    • 1,439 Posts
    • 7,130 Thanks
    Kittenkirst
    Thanks guys we are so excited it's unreal!

    We've decided to name the white & tabby boy cat Hugo in the end and tried using it for a few days whenever we discussed them. We've messaged their owner to let them know and she's started to call them Oscar & Hugo so they get used to their names. I'm so happy I could burst

    Small OPs being made of the Tilly tidy variety whenever there's a debit in the joint account, pleased with how that's progressing.

    Money's very tight this month so having to really watch the pennies; I've paid for re-enrolment to silver class which was £95 and paid the deposit for the kitties.
    Emergency savings- £3550.96 /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1444.02/ £2150. 67%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £279.15 July: £73.98
    • Kittenkirst
    • By Kittenkirst 21st Mar 17, 5:03 PM
    • 1,439 Posts
    • 7,130 Thanks
    Kittenkirst
    Oh and definitely about bye bye shiny house!

    MadVix- your story did make me chuckle, I'll make sure we are vigilant with leaving things 'out of reach' reminds me of when I was little and found our ginger Tom cat straddling the cooker hob and eating the slag Bol straight from the frying pan.mum was not amused in the slightest and we had to have boiled spuds and salad for dinner as money was tight! Funny memories
    Emergency savings- £3550.96 /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1444.02/ £2150. 67%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £279.15 July: £73.98
    • themadvix
    • By themadvix 22nd Mar 17, 8:46 AM
    • 897 Posts
    • 4,355 Thanks
    themadvix
    Lovely names KK!

    Honestly, it's like permanently having toddlers in the house (they are house cats though, I think that makes a difference!)!
    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 22nd Mar 17, 5:01 PM
    • 1,439 Posts
    • 7,130 Thanks
    Kittenkirst
    Not much to report today, just home from work and watching the shocking news of this terror incident on London Bridge

    Have text family who work in central to check all okay, have heard from a few of girlfriends cousins that they're ok; assuming others are still stuck in work/chaos getting home. Sat here with goosebumps. Just appalling, poor people going about their normal daily lives.
    Emergency savings- £3550.96 /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1444.02/ £2150. 67%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £279.15 July: £73.98
    • ch4rly2002
    • By ch4rly2002 22nd Mar 17, 5:54 PM
    • 195 Posts
    • 828 Thanks
    ch4rly2002
    I love the story about the spag bol! We had two cats that never, ever jumped onto the work surface in the kitchen...that is until the day mum was defrosting 1/2 lb of cooked beef and one of the little !!!!!!s chose that day to learn how to jump up...ate the whole lot!

    Yes, it's shocking about London. I feel so sorry for those killed or injured, and their families. I hope everyone down there stays safe.
    Savings: Aim £10k. Dec 2016 £1,700 / Current £9,825
    Mortgage: Dec 2014 -£216,000 / Current -£197,300
    BTL Mortgage: Dec 2014 -£136,000/ Current -£125,800
    Loan to In-Laws: Sep 2010 -£48,185.82 / Current -£35,655.49
    Student Loan: March 2011 -£18,275.04 / 29th April 2017 -£14,003.85
    CC 0%: Nov 2016 -£4,500 / Current -£3,613.77
    • Kittenkirst
    • By Kittenkirst 22nd Mar 17, 8:57 PM
    • 1,439 Posts
    • 7,130 Thanks
    Kittenkirst
    Oh mam, the roast beef! I'd be gutted to lose my roast dinner!
    Decided to make homemade calzones but I helped out with closing the shop (weekly cashing up of the post office) so I'm just waiting impatiently for it to finish cooking ( half the dough now in the freezer for next time) and the second calzone will be lunch tomorrow in the office.

    A few surveys completed today and no spends until £1.50 at Tesco on a pack of spuds, mozzarella & pepperoni.

    Will take porridge again tomorrow to work. I had frozen some raspberry coulis we made into ice cubes so I added one of those, some ground almonds and half a banana to the porridge. It was delicious, so will follow suit tomorrow
    Last edited by Kittenkirst; 24-03-2017 at 7:25 AM.
    Emergency savings- £3550.96 /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1444.02/ £2150. 67%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £279.15 July: £73.98
    • SuzieSue
    • By SuzieSue 22nd Mar 17, 9:08 PM
    • 3,576 Posts
    • 3,879 Thanks
    SuzieSue
    Will take porridge again tomorrow to work. I had frozen some raspberry coulis we made into ice cubes so I added one of those, some ground almonds and half a banana to the porridge. It was delicious, so will follow suit tomorrow
    Originally posted by Kittenkirst
    I have whole almonds every day with my porridge. I can't believe how well they go together. When my stepson suggested it I almost didn't try it as I didn't think I would like it.
    • themadvix
    • By themadvix 23rd Mar 17, 7:49 AM
    • 897 Posts
    • 4,355 Thanks
    themadvix
    Oooh those porridge ideas sound delicious!

    If we leave the kitchen door unlocked (we have a latch at head height, we didn't even have a kitchen door BC (before cats)) anything is fair game - the boys are experts at opening the door. Once made a batch of fresh madeleines, disappeared upstairs for a bit and came down to them strewn all over the floor and a nearly demolished one. **Cats CANNOT be trusted!**
    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 23rd Mar 17, 10:51 AM
    • 195 Posts
    • 828 Thanks
    ch4rly2002
    I like porridge with slices of apples and cinnamon

    Cats cannot be trusted when food is involved, and they eat the most surprising things... I think I was most surprised to find my cat tucking into a curry that I found too spicy (although I am a bit of a wimp when it comes to spice levels, probably was nothing to the cat!).
    Savings: Aim £10k. Dec 2016 £1,700 / Current £9,825
    Mortgage: Dec 2014 -£216,000 / Current -£197,300
    BTL Mortgage: Dec 2014 -£136,000/ Current -£125,800
    Loan to In-Laws: Sep 2010 -£48,185.82 / Current -£35,655.49
    Student Loan: March 2011 -£18,275.04 / 29th April 2017 -£14,003.85
    CC 0%: Nov 2016 -£4,500 / Current -£3,613.77
    • Kittenkirst
    • By Kittenkirst 24th Mar 17, 7:24 AM
    • 1,439 Posts
    • 7,130 Thanks
    Kittenkirst
    Confession time- we completely disregarded the budget last night and went out to eat!!! £38 later and bellies full we came home.

    There's no excuses really, girlfriend was tired from getting back from working away for a few days and said we've not gone out just the two of us at home for agggges so thought 'why not?'

    Back to trying to stick to the budget now!!
    Emergency savings- £3550.96 /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1444.02/ £2150. 67%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £279.15 July: £73.98
    • Kittenkirst
    • By Kittenkirst 24th Mar 17, 8:27 AM
    • 1,439 Posts
    • 7,130 Thanks
    Kittenkirst
    In other news I have a day off today so having a cuppa then off to feed a friends kitties (she's on holiday this week so I'm feeding/snuggling duties!) then back home to commence the bangle!

    Friend is also coming round to help us install the home security kit and for a few hints like lights etc, which we think we know how to do but he's a fab hand at so is happy to supervise us and help
    Emergency savings- £3550.96 /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1444.02/ £2150. 67%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £279.15 July: £73.98
    • ch4rly2002
    • By ch4rly2002 24th Mar 17, 9:25 AM
    • 195 Posts
    • 828 Thanks
    ch4rly2002
    Sounds like a nice meal out, just the two of you, if just what you guys needed. I get where GF is coming from, it's hard when you both work away so much. Glad you had a good time.

    Is it the kitty sitting that inspired you guys to get kittens? It sounds like good practice for when you get yours... not too long now
    Savings: Aim £10k. Dec 2016 £1,700 / Current £9,825
    Mortgage: Dec 2014 -£216,000 / Current -£197,300
    BTL Mortgage: Dec 2014 -£136,000/ Current -£125,800
    Loan to In-Laws: Sep 2010 -£48,185.82 / Current -£35,655.49
    Student Loan: March 2011 -£18,275.04 / 29th April 2017 -£14,003.85
    CC 0%: Nov 2016 -£4,500 / Current -£3,613.77
    • newgirly
    • By newgirly 24th Mar 17, 12:45 PM
    • 5,683 Posts
    • 38,950 Thanks
    newgirly
    Nice names kittenkirst
    MFW 21
    Target for 2017 £38,545 / £10,784 paid so far

    Mortgage £49,452 4 years 10 months left. Total owed £69,512 planning to clear in 18 months
    Weightwatchers target - 29.5 lb start date 11/5/17 so far 8.5lb lost
    • Kittenkirst
    • By Kittenkirst 25th Mar 17, 7:55 AM
    • 1,439 Posts
    • 7,130 Thanks
    Kittenkirst
    Much more frugal day yesterday!

    Silver bangle is made and I'm really pleased with it- took 7 attempts to get the solder to flow which is mighty annoying (you have to put it in pickle and scrub it each time it fails to 'clean' the silver again) but the join isn't visible! Made a little tiny jump ring too for the charm and it's all ready to go into the polisher

    Went to mum & dads for dinner and mum made her breaded tilapia which is divine- tilapia fillets coated on the top only with breadcrumbs, onions, coriander, chilli, pepper, lemon juice, salt & pepper then baked

    Friend came over and helped with loads of DIY- back gardens now mowed, hooks up in bathroom, drawer in a wardrobe (IKEA sent the wrong one initially!) however the home security kit we bought isn't suitable....it said wireless which I assumed meant no wires.....nope it would have wires trailing all over our walls will return it to John Lewis) and start re looking for something more suitable.

    Gf has a couple interested in renting the flat at lower rental than normal; think she's going to go for it otherwise it's costing her £690 a month plus council tax whilst it's empty.
    We really need to get rid of that flat so will start looking again next month at selling it (it's on interest only so she's not getting any benefit at all!!)
    Emergency savings- £3550.96 /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1444.02/ £2150. 67%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £279.15 July: £73.98
    • Kittenkirst
    • By Kittenkirst 25th Mar 17, 7:57 AM
    • 1,439 Posts
    • 7,130 Thanks
    Kittenkirst
    Charley- no, we've been discussing kittens ever since we put down the reservation on the house (Jan 2016), when we moved in we said April as hopefully we'd be settled in with most of the big expenses gone. Then we could calculate if we could afford them (which we can!!)
    I kitty sit for this friend and a friends mum quite regularly as they know I adore cats and will give them love & attention, not just feed and empty litter trays
    Emergency savings- £3550.96 /£4000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1444.02/ £2150. 67%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £279.15 July: £73.98
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