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  • FIRST POST
    • f0xh0les
    • By f0xh0les 12th Aug 16, 1:55 PM
    • 987Posts
    • 7,106Thanks
    f0xh0les
    22 Foxhole East
    • #1
    • 12th Aug 16, 1:55 PM
    22 Foxhole East 12th Aug 16 at 1:55 PM
    I just made my first mortgage overpayment.

    We bought a 5 bed Victorian terraced house in the East Midlands in April 16 that has been badly neglected. It needs everything doing, it has been let out on a room by room basis and used as a rental machine. Now it is our family house (4 kids = one bedroom each!!).

    So far I have replaced 2 Velux on the attic floor so the rain stays on the outside (very rotten frames)

    Have had a full electrical rewire as the wiring was underneath the wallpaper - not boxed or chased in, just behind the wallpaper and skirting boards. Got a shiny certificate and everything now!

    Decorated 4 kids bedrooms and put down new carpets in 3 of them

    On the still to do list for this year

    - new roof and insulation - nails degrading! Snow could cause a huge problem. Better get it sorted really.

    - New shower and bathroom flooring - water damage, holes in floors (!) we should have moved the bath mats when we were viewing, they hid a lot of damage.

    Plastering and decorating.

    Nice carpets!!

    Shelves!

    That will be the two top floors done and I can kid myself I am 2/3rds of the way finished

    Not attempting anything on the ground floor until 2017 - so no talk of log burners,knocking down walls, kitchens, damp proof courses, shower rooms or the like. That way lies madness, shhhhh, next year, at some point...

    So, let's talk money.
    House cost £160,000
    Deposit was £41,315 (sale of previous nasty Manchester Foxhole)
    Amount borrowed £118,685

    We got a 1.94 % fixed for 2 years with Accord which rises to something ridiculous like 7% so remortgage time in 2018

    We will repay £1.82 for every £1 borrowed over the 26.5 year life of the mortgage unless I overpay

    I have just rung Accord, found out I can repay up to 10% of the total amount borrowed (each year without penalty), can make as many overpayments as I like per month without penalty, but cannot check on the balance online. I have to ring up a silly automated 0345 number that will tell me what the balance is! I will have to remember to ring it on my mobile so it is free.

    Monthly Mortgage repayment £467.00
    An overpayment of £200 a month would knock 10.5 years off the life of the mortgage.

    We are planning on spending 5 years living here, and them moving elsewhere due to the nature of DH's work. So, lets see how much I can throw at this mortgage.
    MFW May 16 £118,340
    October 17 - £109,495.00
Page 25
    • f0xh0les
    • By f0xh0les 10th Oct 17, 7:18 AM
    • 987 Posts
    • 7,106 Thanks
    f0xh0les
    As the world of higher education is a strange and incomprehensible beast, and that he has teaching commitments until Easter, and that he would never leave the students or the Uni in the lurch, I have at least until end of term June-ish. I know him, and can usually tell when he is complaining and when he has actually had enough. This one surprised me as I thought he would be ok sticking it out for the next 2 years. But he has worked at 5 Universities over the last 6 years, and knows what is usually put on to the academics, and what is taken off them so that they are able to write the lectures and deliver them and give the kids the best education, and his workload is massive as he is teaching the compulsory modules, some of which have 250 plus students on, and he is being drowned in admin.

    The Uni has been remiss in hiring lecturers/teaching assistants over the summer to cover lecturers going off on study /book writing leave, and DH can teach practically everything. But there is no point in making himself sick, and he loves his job.

    Luckily the whole Uni recruitment process is ridiculously painfully slow.
    Good job as I can't afford to get the place sorted at a drop of a hat. I am looking at saving £500, getting a workman in, saving £400 getting carpet put down... etc. I It will be pretty unrecognisable by Christmas though, my aim is having the house totally sorted from the top floor to the bottom step. Watch this space!

    Selling the Salford house taught me a lot. But my more importantly I am now not going to get rid of the metal shelving units. They are going to go live in the shed.

    We have been here since May 2016 Wishing so he has really given me a 10 months heads up. 10 months!!!!! We were only going to stay here for another 2 or 4 years, as we were thinking GCSE schedules.

    It is now no longer Operation Making a Home, it is now Operation Tart Up to sell.
    MFW May 16 £118,340
    October 17 - £109,495.00
    • Mrs Money Penny
    • By Mrs Money Penny 10th Oct 17, 8:22 AM
    • 718 Posts
    • 6,241 Thanks
    Mrs Money Penny
    You are so productive and work so hard. I see no issues in you completing in this time scale. Money obviously is the only factor it's expensive decorating even if you do it yourself. Keep posting love reading your posts. It does make me feel quite lazy with what you pack into your day.
    MFIT T4 40
    MFIT Challenge save £40k
    £55526:/36617/18909
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 10th Oct 17, 8:30 AM
    • 461 Posts
    • 1,783 Thanks
    wishingthemortgaheaway
    I stand in admiration of you Fox, I have, this morning just sent a message to our odd job lady asking her about hanging doors, a job I'm sure you would tackle in a jiffy, but I am more your hubby's end of the practical ability continuum.
    The 100 payment countdown (each payment = £400)
    2017 July : £36,800 8/100 August: £36,411.85 8/100 September: £35,945.66 10/100
    Term Mortgage free date: October 2029
    Current mortgage free date: April 2025
    • f0xh0les
    • By f0xh0les 10th Oct 17, 10:22 AM
    • 987 Posts
    • 7,106 Thanks
    f0xh0les
    I can take them off an d put them back on, but I can't reverse them.

    This morning I have taken the kids to school, swung past Ald1 for teabags, can't afford Twinnigs tea this month (well I can, but I won't) so have cheapy 75p bags instead of £3 bags. Went to B&Q and got a big piece of particle board and chopped it to size and put it in the middle of DH's linen press so I can shove all his rucksacks into the top of it without them falling and blocking the drawers. It is not pretty, but it works for right now. And why does anyone need 9 rucksacks???? and three carry on sized suitcases?? The man is a hoarder! The menace. Anyway I can't see it now as it is all packed away behind the doors.

    Posted on R4ted pe0ple for a plasterer to come quote. So there, the job is out there in the ether, they can come to me.

    On today's list of fun and frolics (apart from the above) is making a lemon tart (from a packet and using up a pack of ginger biscuits the kids complained were too spicy) creme carmelle (from a packet- why not) luxury granola from cheapy muesli (extra dried fruit, nuts, a handful of desecrated coconut and some cinnamon plus a handful of sugar and 3 tablespoons of oil) and a cherry sponge just cos it makes me laugh. Pantry and fridge inventory, menu plans and the ceremonial cleaning out of the hamster cages (glamour!). Plus cleaning, hoovering and trying not to get into any more trouble than absolutely necessary.
    MFW May 16 £118,340
    October 17 - £109,495.00
    • f0xh0les
    • By f0xh0les 10th Oct 17, 9:07 PM
    • 987 Posts
    • 7,106 Thanks
    f0xh0les
    The ceremonial sawdust strewing did not happen today.
    Will have to be shunted onto tomorrow's list. Poor hamsters

    Nobody has contacted me about my plastering job. Not even to arrange to look and quote.

    Mysteriously I only have 2 creme carmelles left. Also, half the lemon tart evaporated. The curry was a definite success (spinach, chickpea, and coconut). The two smallest had pittas and hummus instead. It would have blown their heads off. The granola is LUSH. I no longer have almonds or packet mixes for puddings. But I do have a menu plan for the next TEN main meals and all breakfasts.

    PiL are being pains in the a5trobar. Well did you ever!

    They are threatening to fly over now, on an undisclosed date, for an undisclosed amount of time, and are angling to stay here ( the hotel is so far away ! - a 10 minute walk, less than a mile) If they cannot walk a mile maybe they should stay put until FiL is fully healed and fit as a flea again? This is not going to end well, and then tonight, DH is on the phone to them (they no longer speak to me) and asks if I have plans for the end of the half term holidays - my comment that I did have but I had to cancel our holiday to Wales did not get relayed.

    Child Tax credit comes in on Friday Child benefit comes in on Monday, after Monday I am back on track budget-wise.

    Will post this quickly before it disappears.....
    MFW May 16 £118,340
    October 17 - £109,495.00
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 11th Oct 17, 12:00 AM
    • 461 Posts
    • 1,783 Thanks
    wishingthemortgaheaway
    I'm grrrrrring for you Fox, if the In laws won't speak to you on the phone, why on earth do they want to stay with you? (That's meant to be a comment on them, not you, but it's come across terribly wrong) maybe I should just give up now....
    The 100 payment countdown (each payment = £400)
    2017 July : £36,800 8/100 August: £36,411.85 8/100 September: £35,945.66 10/100
    Term Mortgage free date: October 2029
    Current mortgage free date: April 2025
    • f0xh0les
    • By f0xh0les 11th Oct 17, 7:08 AM
    • 987 Posts
    • 7,106 Thanks
    f0xh0les
    Why do they want to stay with me? Cos I am lovely innit?

    So they can spy on me and complain about the kids getting up at 6am? To complain the kids make noise? To complain they play on computers, to not be able to complain about the food, which i bend over backwards to make sure 90% of what is on the table is suitable for mil. To complain the beds are too hard/soft/narrow and then the sofabed is too uncomfortable, and goes on and on and on about it.

    She firmly believes family should make room for other family members and that it is an insult to be asked to stay in a hotel Basically she is only happy if I give up MY bed for her, honestly, no other bed will do. She is spoilt.

    She wants to see HER son and HER grandchildren in HIS house. So she can brag..
    Basically she is a deluded nutjob.
    MFW May 16 £118,340
    October 17 - £109,495.00
    • f0xh0les
    • By f0xh0les 12th Oct 17, 7:53 AM
    • 987 Posts
    • 7,106 Thanks
    f0xh0les
    I got a bite! A plastery type wants to come and quote. Will give me a ballpark figure.

    That'll be nice.

    No news on a date for the descent of the in-laws.

    Stripping the Hall Stairs and Landing and filling holes. Very boring but was fun to see DH's horrified face when he wandered upstairs at bedtime.

    Made pasties this morning for lunchboxes. Cooling in the kitchen right now.

    Hamster palaces will be cleaned out as soon as I get home - DS3 has a dental appt this morning, and I have 2 parents evening appts after school. DS2 has ANOTHER hour detention after school tonight ( still no further into what is going on in his head - it mostly seems to be for chatting in class and forgetting his ruler but behaviour points add up)

    Had a text to say the blinds have been made and will be delivered in the next 48 hours. Bet I will be out!
    Got passport photos done for DS2 and 4. Went into the school office and asked if anyone at school could sign my countersignature bit, the Head was in the office and said No,her passport had expired, I was not asking HER I was asking if ANYONE in the building was able to do it. She suggested someone's Dad on the playground who might do it, that I don't know! DH does everyone else's but he can't do his own kids!! Anyway, one of the Mums on the playground (who really doesn't now me from Adam, and def not my name) is sorting it for me for which I am grateful. Honestly!! It is only renewing a kid's passport photo, not changing his name, and it is all linked to mine and DH's passports anyway. It is rather ridiculous, but then if we did not move as often as we do, it would not be a problem. Luckily we have been here for 2 years and 3 months, otherwise I would be properly scuppered .

    Anyway, on with the day.....
    MFW May 16 £118,340
    October 17 - £109,495.00
    • f0xh0les
    • By f0xh0les 20th Oct 17, 1:23 PM
    • 987 Posts
    • 7,106 Thanks
    f0xh0les
    I have been busy. All the holes in my room have now been filled. Will need a little sanding but if I buy a paint for ‘naughty’walls I may be ok. The only way to find out is to try it. Fingers crossed.

    DS 2 is being a complete sw1ne. He is horrid. The language that comes out of that boy’s mouth is vile. Then when you call him on it, he shouts ‘child abuse.!’ Taking away his computer game is child abuse, sending him to his room is child abuse, not making him his favorite food is child abuse. He is stealing his brothers’ things and hurting them. I feel more like a referee than a mum right now. Boarding school is looking good right now. Hoping he catches himself on soon. There are consequences to his actions, he just has to link his actions to the resulting consequences, but he just does not seem to care.

    I have put up the two blackout blinds on the top floor,so the only jobs left on the top floor are fixing the plaster around 2 velux and filling a few hole on the stairs before decorating and carpetting. Which I cannot yet afford.

    My bedroom ceiling needs attention but not at £600 for reboarding and skim(!) so will fill, sand and paint and see if I can make it look ok-for-now. That will allow me to redecorate and put up the blinds that came yesterday. Then it will only need carpetting. Which I cannot yet afford.

    DH is working on a Saturday doing an open day lecture. So he is not around until Sunday. Probably for the best really, as DS2 is being so rotten.

    I feel really poor this month.
    My bank balance went down with the double glazing, then the shock of a £3k plastering quote made me feel poor (must get more quotes), then £100 for 2 kids passports needing renewing, and £150 on blinds, and £80 on school swimming lessons and after school clubs and next year’s residential trip for DS3. Then DS1s birthday and sticking £200 in to DH’s bank account (that he has not mentioned) It is all adding up, and although I am able to pay for it all, and still have a positive bank balance , just the fear that something may pop up and trip me up is terrifying. Will have to pay dentist this week too. October seems to be very long this year. Payday is not for another 11days.

    Will spend on paint and start on the woodwork when the kids go back to school. White paint makes rooms look much bigger than brown varnish.
    MFW May 16 £118,340
    October 17 - £109,495.00
    • f0xh0les
    • By f0xh0les 20th Oct 17, 1:25 PM
    • 987 Posts
    • 7,106 Thanks
    f0xh0les
    The in-laws rang on the Thursday before half term to say they were not coming.

    They have given a date in February instead.
    MFW May 16 £118,340
    October 17 - £109,495.00
    • f0xh0les
    • By f0xh0les 20th Oct 17, 1:27 PM
    • 987 Posts
    • 7,106 Thanks
    f0xh0les
    £20 l0ve2sh0p voucher came through the door this morning.

    Have put it aside for Xmas.
    MFW May 16 £118,340
    October 17 - £109,495.00
    • badmemory
    • By badmemory 20th Oct 17, 4:56 PM
    • 812 Posts
    • 792 Thanks
    badmemory
    The in-laws rang on the Thursday before half term to say they were not coming.

    They have given a date in February instead.
    Originally posted by f0xh0les
    Perhaps next time you move you could forget to give them your new address?

    No I know you couldn't really but I bet you enjoyed that moment as the thought crossed your mind!
    • f0xh0les
    • By f0xh0les 20th Oct 17, 6:49 PM
    • 987 Posts
    • 7,106 Thanks
    f0xh0les
    The fortnight we are without a phone line when we move is rather nice.
    I am starting to think DH keeps on messing it up on purpose.
    MFW May 16 £118,340
    October 17 - £109,495.00
    • apple muncher
    • By apple muncher 20th Oct 17, 7:44 PM
    • 6,423 Posts
    • 46,861 Thanks
    apple muncher
    Now you have passports, could you drop in on them unexpectedly... And maybe leave ds2 with them for a while...
    NST Organise October #10; NSD 12/20; Ex 6/20; craft 6/31 (212); remove 514
    2017 MFW#63 Pay off: £3320/£4050; 2
    017 sell 116

    Mortgage £23,689 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295) MFWDate Dec 2018
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