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  • FIRST POST
    • Moominmamma89
    • By Moominmamma89 1st Sep 16, 8:58 PM
    • 189Posts
    • 327Thanks
    Moominmamma89
    Baby steps towards mortgage freedom
    • #1
    • 1st Sep 16, 8:58 PM
    Baby steps towards mortgage freedom 1st Sep 16 at 8:58 PM
    Hello Everyone

    After lurking for around the last two years and being inspired by so many other diaries I thought it was about time to start my own.

    Me and DH are both 27 and this is the fourth house we have lived in - in fact it was the only one we ever had to re-mortgage as we managed to stay put until the initial fix came to an end! We currently have a little boy (5 yrs) and a little girl who arrived 10 weeks ago.

    Our house is a three bed Victorian terrace which we brought for £170k in 2014 on a 95% mortgage. We re-mortgaged in June this year at 80% with a 2.99% interest rate and fixed for 5 years - the house was revalued at £192k as we had put the original third bedroom back by taking out an en-suite.

    Our long term aim is to be mortgage free by the time we are 40 and if we stay in this house I think it will be just about possible, however it sometimes feels a little small and we would like another baby in the future so I doubt this will be our forever home. So in the short term we are aiming to have the mortgage down to 60% LTV for when the current fix ends in June 2021 which is around £115,200.

    To reach our target I have worked out that we need to be making over payments of around £250 a month which so far we have managed but I think this may become trickier once my maternity pay tails off.

    I am hoping having a diary and de-lurking will help keep me motivated.
    Last edited by Moominmamma89; 11-01-2017 at 4:21 PM.
Page 9
    • EatingTheElephant
    • By EatingTheElephant 1st Jul 17, 7:25 AM
    • 1,105 Posts
    • 5,957 Thanks
    EatingTheElephant
    Those marks are amazing, well done
    • Moominmamma89
    • By Moominmamma89 15th Jul 17, 1:09 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Thank you Princesslou and EatingTheElephant

    I am sneaking back in feeling rather sheepish about my lack of updating. Mr Moomin and me went to Bath at the start of the month for our 7th wedding anniversary which was such a lovely break - I booked it as part of his envelope Christmas present thingy and he was very surprised when he found out we were going.

    Since getting back thou things have been manic - I really struggled which one section of my coursework I had to get done and so have had to really focus on that but it paid off as I got 94% in the end. My other topic I had to submit I got 100% so now I have completed half the coursework in total which is a nice milestone.

    Munchkin has also finished school for the year and the first week of having both kids at home and being back at work took a bit of juggling as had to fit in studying as well.

    There is no update on moving as the house the current tenants are buying has come up with a few issues on the survey that need further investigation before any exchange/completion dates are decided upon. We are just continuing with the overpayments and seeing how it all progresses - paid £345 off in July and should be able to update signature next week when online account updates.

    I really feel in general since going back to work I'm less organised and find it harder to get motivated so I will be back on Monday with some set goals for the rest of the month.

    Hope everyone is well and has been enjoying the sun
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Moominmamma89
    • By Moominmamma89 15th Jul 17, 1:19 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Sorry PrincessLou completely missed that you asked what course I was doing! It is a gym instructor course moving on to a personal training course once I've passed - I really enjoy going to the gym (most of the time!) and doing my PT sessions but you might have seen a few pages back I felt my PT had quite unrealistic expectations of how much training I could fit in round family life.

    I figured I'm not the on person that would have encountered this so thought once qualified I want to be able to offer a service that is more realistic to balance with family commitments. I have also thought of perhaps offering some online services for people that cannot attend a traditional gym.

    If nothing comes from it at least it will help with my own personal training and I am enjoying doing some learning again after a break from any education for 10 years!
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Moominmamma89
    • By Moominmamma89 17th Jul 17, 8:34 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Well as I said I'm back today with some goals for the rest of the month - starting small they are:

    1) Three NSD's a week
    2) Three posts on here a week
    2) Start to declutter and sell some of our surplus items lying round the house

    I have made July's OP of £345 and had to call mortgage company today to see why it hasn't yet been applied to mortgage account so hopefully that is sorted and I will have an updated signature in the next few days. Really don't know why it takes so long as both accounts are with the same back - OP was sent on 6th.

    Today has been busy so whizzed by fairly quick - went for a run this morning, took kids for a walk and to the shop to pick up some things so today was not a NSD, did some studying and a quick workout at home as it is Mr Moonin's night at the gym. Also had to go to the doctors as have had a pain in my chest for the last two or three weeks so was given some anti-inflammatorys and a follow up appointment for 4 weeks time.

    I have finished the dress I was making so decided to make Button a dress in my next few sewing classes. Meant I had to get the fabric washed today so hopefully I can get it all cut out before Friday's class. As she is small this shouldn't take too long - well that's the theory anyway!

    Only in work one day this week as have taken one day as annual leave to give my mum a break and I'm waiting to hear back from my brother about meeting up for lunch one day which would be nice as I haven't seen him properly in ages.

    Hope everyone has fab weeks and will do my best to stick to my list above
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Moominmamma89
    • By Moominmamma89 19th Jul 17, 1:48 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Signature updated - edging closer to sub £140k!

    Tuesday has been my only NSD this week so far but fingers crossed I manage another tomorrow. Problem is I take the kids for a walk in the morning to get us all out of the house for a bit which lead to Munchkin asking for an after dinner treat and call me soft but I can't resist his little face .

    Studying for this unit is going well as I remember covering some of it in biology at school so have finished for today and tonight I want to get the fabric cut out for Button's dress. We are waiting for the thunder and lighting the weather man promised but no sign yet and no further plans for the afternoon.

    YouGov is up to £19.75 and have got a few books I might put through webuybooks and see what they offer but no other MSE news really.

    Hope everyone is having good weeks
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Moominmamma89
    • By Moominmamma89 20th Jul 17, 12:43 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Today is looking like it will be another NSD we are heading to soft play with my mum this afternoon but she offered to pay as I ordered her a copy of Munchkins class photo which has arrived.

    Didn't end up getting my fabric cut as took one look at the pattern and it was very complicated so I may have to pick another one.

    Just had lunch and now Munchkin is plugged into a Disney film so I will do an hours studying and then heading to the gym tonight.

    Sorry very jumbled post but checking in to keep on track. Hope everyone has a good day x
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Moominmamma89
    • By Moominmamma89 21st Jul 17, 12:32 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Wooo it's Friday

    Bit of a grey miserable day here so haven't had the kids out today but hoping maybe once Button has finished her nap we can have a quick walk to get some fresh air. Today won't be a NSD as I have to pay for my sewing class later but as it allows me to have 2 hours and 45 mins without the kids and talking with adults that share an interest I think it's £12 well spent - plus there are biscuits!!!

    Studying is going well and should be able to get next bit of coursework submitted on Wednesday. My arms are killing me from the gym last night thou - think I was a bit too enthusiastic with the weights and carrying Button around is not helping - she is not walking unaided yet but I don't think it will be long.

    Mr Moomin is having to go away Sunday night with work but should hopefully only be for the one night so will be able to have a veg and control of the tv for once.

    Hope everyone has a lovely weekend x
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Moominmamma89
    • By Moominmamma89 24th Jul 17, 8:08 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Evening everyone.

    Today has been a long and busy day. Decided to put house back on the market yesterday using an online agent and straight away had two viewings for today! Great news except I thought I had to at least until the weekend to get the house straightened up - result was frantic running around last night and today getting it ready.

    Did not help that Mr Moomin was away with work last night and so had to do it all myself. Munchkin however was a great help in that he woke me up at quarter to five this morning. He has football club this week and was so excited that he appeared beside my bed in full kit ready to go - gave me quite a fright .

    Viewings went ok although one lady was definitely not interested as they are downsizing and she said the garden was too much to manage. The other lady seemed interested but was talking to the person she had with her about moving the bathroom upstairs. I will have to wait and see but I have two more viewings booked in for Wednesday so fingers crossed.

    Today was not a NSD but tomorrow will be as I'm in the office. Mr Moomin was due back tonight but is having to stay away again, hopefully just for one more night. Going to do some reading and have an early night I think incase we have a repeat of this morning tomorrow .

    Have a good week all
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Moominmamma89
    • By Moominmamma89 26th Jul 17, 10:01 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Another busy day - had two viewings but only one showed up this made me late to my sewing class. I had fun at the class but ate way too many biscuits . Have started a dress for Button which should come together quite quickly - well that is the theory!

    The viewer that showed up seemed quite interested thou so fingers crossed, have one more booked in for Saturday atm. It means the house is staying nice and tidy which is a plus.

    Submitted my fifth unit of coursework today so will hear next Friday if I have passed or have to resit but if it's a pass that would be 5/8 units done.

    Hope everyone is having a good week so far x
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Moominmamma89
    • By Moominmamma89 28th Jul 17, 7:41 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Happy Friday all

    We had an offer on the house yesterday from the viewer that turned up on Wednesday - we rejected it thou as it was 15k under the asking price and two more viewings booked in for the weekend.

    Hope everyone has good weekends x
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Moominmamma89
    • By Moominmamma89 31st Jul 17, 11:57 AM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Hi all

    It's a beautiful day here so have had kids out for a walk and going to go back out this afternoon as it's my niece's birthday this Friday so I want to post her a card and some sweets.

    Weekend viewings went well and one couple seemed quite interested so fingers crossed we may hear back from them this week.

    We have been paid and I have the £345 set aside in an e-savings account ready to overpay on the 6th. So we are still on track to be sub £140k by October.

    Hope everyone has a lovely week x
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Moominmamma89
    • By Moominmamma89 2nd Aug 17, 10:40 AM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    The rain is back today and we got soaked on our walk - I thought I would chance it when there was a break in the rain as don't like keeping the kids in all day and Mr Moomin has the car. Unfortunately my timing was awful and just as we were at the furthest point from home the sky opened . Luckily I had the rain cover for the pram so only me and Munchkin got wet but he wasn't impressed.

    Life here is still plodding along as usual - have a call with my tutor Friday so hoping to have passed the unit I submitted last week and I'm working on another one atm that will hopefully be ready for submitting over the weekend. Also have another viewing booked in for Saturday but haven't heard from the couple I thought were so interested so obviously I would make a rubbish estate agent .

    August's OP is sitting ready in my e-savings and I have a few YouGov surveys I need to get done.

    Hope everyone is having a nice week so far
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Moominmamma89
    • By Moominmamma89 4th Aug 17, 12:32 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Afternoon everyone - just thought I'd do a quick post before my tutor calls about the last lot of coursework I've submitted. Had a really busy morning - Run first thing then Mr T for pizza and treats (Friday night is still movie night in the Moomin house), got house all tidy and then went to see my old PT as I'm switching gyms and he wanted to see how big Button has got. It's a lovely day here weather wise so I didn't mind the walk and have hit about 13k on my fitbit already.

    After my call with my tutor I have promised Munchkin I will bake some cupcakes with him and then later I have my sewing class. Lastly I just have to pop to Mum's to walk her dogs as she is going to Ireland tonight to see my Granny - I will definitely sleep tonight!

    It's my niece's birthday today and we sent a parcel with a card, some money and sweets in earlier this week so if Mr Moomin hasn't heard from his brother by tonight I will get him to message to check it has all arrived safely. Otherwise no other plans - not that I would have time to fit anything else in .

    On the mortgage front I shuffled some interest from my e-savings account for an OP but have to wait until Monday to make said OP.

    Hope everyone has a nice weekend
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Moominmamma89
    • By Moominmamma89 6th Aug 17, 6:01 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Evening all - hope everyone has had a good weekend.

    I managed another 100% on latest coursework so that is 5/8 done and dusted. Have a call booked in with tutor on Wednesday to go through number 6 before submitting final version so fingers crossed I will have it all 8 coursework units done and submitted by 17th as we have a wedding to go to on the 18th and I would like to be able to completely relax that weekend before having to prepare for my practical assessments in September.

    Took Munchkin into Birmingham on Saturday to see Despicable Me 3 which wasn't bad considering it was the third installment (fourth if you count the Minion movie). We also went on a hunt for the bears that are up round the city for the Children's hospital - we have found 33 bears so far but it started to rain so will take him back one day later in the holidays to find the rest. Button is going through quite bad separation anxiety atm and if I'm in the house seems to just want to stay with me which whilst lovely is a bit tiring so it was nice to have a day just me and Munchkin.

    Viewer on Saturday confirmed the house didn't meet their needs but didn't give any further details and no viewings booked in now so just waiting to see what happens.

    Anyway hopefully I will be back tomorrow to confirm I've paid August's OP - can you believe it is August already, not sure where the year has gone!

    x
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Moominmamma89
    • By Moominmamma89 7th Aug 17, 11:57 AM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    August OP of £346 paid so should be able to update signature again sometime next week. Getting close to being out of the £140's which will be fab. Shall be back with a proper update soon but have to rush off to get some studying done before Button wakes up from her nap!
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • CharlieKat
    • By CharlieKat 8th Aug 17, 6:21 PM
    • 62 Posts
    • 138 Thanks
    CharlieKat
    Hi Moominmamma

    Thank you for posting on my thread - thought i'd say hi i've subscribed and am off to catch up on your thread
    Mortgage: £140,000 £70,622.72
    Credit Card 1 8/7/17: £2771 £1,949
    ,
    No buying new clothes from 16/07/2017
    • Moominmamma89
    • By Moominmamma89 11th Aug 17, 1:27 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Hi CharlieKat I've been enjoying your diary, find reading others helps keep me inspired to keep going.

    I have been rubbish at updating but things are very busy here between studying and it being the summer holidays. I am at the point where I'm wondering why I have taken on the added stress of studying but then remind myself it will all be worth it in the end.

    Still waiting for my OP to be knocked off mortgage balance so that will be next week now. We did win £25 on the PBs this month but it just goes straight back it as the bonds are savings for something specific so can't be used for OPing.

    I'm off to the quilt fair at the NEC with my mum this weekend which will be nice if spendy - really sad that I look forward to it all year . I've been putting some personal money aside for a few months so I have £100 to spend guilt free and I ordered the tickets online the other month. Only other thing on this weekend is that I've roped Mr Moomin into being my "client" for the next bit of coursework so get to put him through his paces at the gym have promised him dinner out as a thank you.

    Anyway I promise I will try to get better at updated but don't think I'll be back into regular posting until the end of the Summer holidays.

    Hope everyone has a fab weekend x
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • Moominmamma89
    • By Moominmamma89 14th Aug 17, 9:18 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    Evening all - been mega busy last few days,

    Quilt Fair on Saturday was great fun and very inspiring, Mr Moomin got through his gym session on Sunday and bless was very enthusiastic about it all so did me proud and gave me a lovely evaluation which I just need to type up and submit online. Will do that tomorrow night thou as I have spent about 4 odd hours on studying today and can't face it tonight.

    Today was a NSD and manged to get kids out for a walk - Button is teething and Munchkin has an awful cough so wanted to get them some fresh air and just get us all out of the house for a bit.

    Had a viewing today which I think went well and hoping for an offer but I never seem to judge it right so who knows .

    Hope everyone has a lovely week x
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
    • ch4rly2002
    • By ch4rly2002 17th Aug 17, 11:03 AM
    • 222 Posts
    • 962 Thanks
    ch4rly2002
    Hey Moominmama, I'm a bit behind with my diaries so I've just been catching up with yours. I'm glad the return to work went ok, and I'm really pleased that you figured out the job wasn't for you and have done something about it. Too many people waste years of their life miserable in their jobs (I am guilty of that at the moment, but plan to do something about it too). Well done on the marks! You are right to be proud, and I'm glad you have somewhere you can boast My brother-in-law and his wife live in California and have a PT that comes to their house twice a week for an hour work out. That's how they fit it in around work and it gives them the motivation as they know she's coming so they can't say they don't feel like exercising. Might be an idea when you become a PT to do an hour in the evening after the kids are in bed (maybe 8ish - I don't know what time kids go to bed as I don't have any!) while Mr Moomin looks after the kids. Just a thought anyway, but I wish you well in your studying and career change!
    You've done well getting so many viewings so quickly. I hope you sell soon so you can start planning your next adventure x
    Savings: Aim £13.5k. Dec 2016 £1,700 / Current £10,475
    Mortgage: Dec 2014 -£216,000 / Current -£196,200
    BTL Mortgage: Dec 2014 -£136,000/ Current -£125,130
    CC 0%: Nov 2016 -£4,500 / Current -£3,577.63
    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
    • Moominmamma89
    • By Moominmamma89 18th Aug 17, 12:59 PM
    • 189 Posts
    • 327 Thanks
    Moominmamma89
    HI Ch4rly - yes the idea was to try and fit it round Mr Moomin as he earns the main wage. To start with hoping to do it in evenings and my days off until I build up enough work to leave my office job.

    I have a call from my tutor at half 1 to let me know how the last bits of coursework have gone so fingers crossed I can come back to brag later rather than commiserate!

    We are at a wedding tomorrow evening and although we have just been invited to the evening because of the distance are going to stay over as my MIL has offered to let the kids sleepover so I'm looking forward to that especially as Mr Moomin has suggested a cinema trip in the afternoon.

    OP still hasn't been applied off the mortgage which is annoying - the bank have gone from it takes 5-7 business days to 5-10 business days which really bugs me as the payment is coming from an account with the same bank .

    Anyhoo off for a quick recap of my notes and will let you all know the outcome
    Outstanding Mortgage - 141,617.85 (74% LTV)
    Current end date: March 2041 (originally August 2044)
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