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  • FIRST POST
    • Jessy103
    • By Jessy103 17th Oct 16, 12:00 PM
    • 273Posts
    • 968Thanks
    Jessy103
    I Want To Be Mortgage Free!
    • #1
    • 17th Oct 16, 12:00 PM
    I Want To Be Mortgage Free! 17th Oct 16 at 12:00 PM
    I've been reading a lot of inspiring diaries over the past few days (I've actually become quite addicted to reading them!) and thought I would have a go at my own.


    In 2007 me and OH bought our first house for £86,000, we were in rented accommodation and desperate for our own home. As it was 2007 the bank was quite happy to give us a 100% mortgage (I know it was a silly thing to do but I was only 20 and hindsight is a wonderful thing!) and add any fees on to the mortgage but of course the banking crash happened a year later and our house is no longer worth what we paid for it. We are not in a rush to move home but I would like to repay as much of this mortgage and save up as much as we can so that when we do come to move it will be a lot easier and we don't get a LTV of 100% again!


    Unfortunately I am not working at the moment due to health issues and my lovely mum suffers from MS so I like to be available to her when she needs me as it is a very unpredictable illness. The only income I have at the moment is from internet surveys. I am very lucky that I have a fantastic husband that earns a good wage and understands that I want to be there for my mum as much as I can.


    I am trying to be very frugal so that we are able to overpay on the mortgage and save some money so any tips from you lovely people would be greatly appreciated! Thank you for reading!


    Mortgage amount in 2007: £87,310.50
    Mortgage as of October 2016: £70,486.38
    Target for October 2017: £65,000 or under

    If you haven’t already, join the forum to reply!
    This Forum tip was included in MoneySavingExpert.com's weekly email!
    Last edited by Former MSE Jessica; 18-01-2017 at 9:49 AM.
Page 10
    • ch4rly2002
    • By ch4rly2002 10th Apr 17, 9:17 AM
    • 183 Posts
    • 735 Thanks
    ch4rly2002
    Hey Jessy. Congratulations on getting under £65k That's a great milestone.

    If your prescription has changed, you could take a look at Glasses Direct instead of Specsavers if you'd like to save some money. You can go through TopCashBack to get something back from the purchase and glasses start really low. Although the downside is that you're buying online so can't try them on, but just a thought.

    Good luck with the GF diet. My mother-in-law is allergic to wheat and we've found that GF food is becoming more and more widely available. When she goes to M&S, so much of their standard food is GF, like the sausages and chicken in sauce (the ones in a foil tray that you cook at home) etc. so she doesn't feel deprived and can eat mostly the same things as everyone else
    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
    • Jessy103
    • By Jessy103 10th Apr 17, 12:21 PM
    • 273 Posts
    • 968 Thanks
    Jessy103
    Thanks ch4rly!

    I have seen that advertised on the T.V but I think because your glasses are so important I've always been abit dubious which is silly really because I buy everything else online! Next time I need glasses I will definitely have a look!

    Ooo I do love m&s food so that will give me an excuse to go more often! Lol! x
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount April 2017 - £64,990.00
    Overpayment Target for 2017 - £5,000 /£2,396.80
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79
    • themadvix
    • By themadvix 12th Apr 17, 10:33 AM
    • 826 Posts
    • 3,480 Thanks
    themadvix
    I used Reglaze my Glasses and they were really good too - although I guess it depends if you have a spare pair to send off!

    It sounds like the GF stuff is working, but if you think it could be coeliac, it's probably a good idea to get properly tested for it. Apologies if you know this but the test involves eating lots of bread for a couple of weeks (I have several friends who've suffered this!), so it might be worth doing sooner rather than later, before your body gets too used to not eating it. Bear in mind though that it might not be the wheat that's the issue - my sister cut it out thinking she was intolerant, her stomach adjusted, making her ill whenever she did eat it (reaffirming the idea), but in the end it turned out to be gall stones - once she had her gall bladder removed, all was well again and she could eat wheat!

    On the upside, I've had some very nice GF stuff recently (parties with special friends!) and it's been a pleasant surprise how tasty it was!
    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
    • Jessy103
    • By Jessy103 12th Apr 17, 11:09 AM
    • 273 Posts
    • 968 Thanks
    Jessy103
    Hi MV! Thanks for that! I don't think it's as serious as coeliac as I can still eat other things that contain gluten and don't get cramps, it seems to be when I eat a lot for example the last time I had cramps I'd had pasta bake with garlic bread for tea and then some leftover pasta bake for lunch the next day! So I'm not trying to cut it out completely but just make sure I don't eat too much at once.
    Yeah there is some lovely GF food about and I highly recommend Tesco own GF pizza! x
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount April 2017 - £64,990.00
    Overpayment Target for 2017 - £5,000 /£2,396.80
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79
    • Jessy103
    • By Jessy103 18th Apr 17, 8:58 PM
    • 273 Posts
    • 968 Thanks
    Jessy103
    Hope everyone had a lovely Easter?! We went to visit my parents and see all the family and as usual we weren't allowed to pay for anything so the only money spent was on the petrol to get there and back and £15 on my nephews (3 nephews so a fiver each). I also got some eggs from my brother who has several chickens so I'll look forward to using those! Trying to convince DH to let me have a couple of chickens but he's not having it! Lol!

    Natwest has finally updated the mortgage so the new total is definitely £64,990! Yay! DH gets paid in 2 days but I think I'll wait for the normal payment to go out on the 1st May and the interest to be added on before making another overpayment.

    I've done the shopping today and it was under £100 for the next two weeks. Last week I started writing what we were going to have for tea on the calendar to encourage me not to order a takeaway and hold me accountable! It has worked so far so I think I'll keep doing it!

    I've got £5 coming from one of the survey sites and I am close to £10 on one and £20 on another but every time I go to do a survey I don't qualify! It's like they know I'm getting close to cashing out and are doing it to wind me up! Lol

    Have a lovely evening!
    Jess x
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount April 2017 - £64,990.00
    Overpayment Target for 2017 - £5,000 /£2,396.80
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79
    • Jessy103
    • By Jessy103 25th Apr 17, 3:11 PM
    • 273 Posts
    • 968 Thanks
    Jessy103
    It's been a busy but cheap weekend! Saturday I went to pick up my new glasses (2 pairs incase my dog decides to eat another pair atleast I will have a spare this time and a pair of sunglasses) and hopefully I won't need to buy anymore for two years when my next eye test is due! I then went to my friend's house to help her pack for her move this week. I will admit I am jealous that she's moving to a lovely 4 bed, detached house but on the other hand I know that to get the house they have now got a very large mortgage and the hope is that when we come to move we will have paid off all or nearly all of ours and the next mortgage we have will have a very low LTV! My friend's mum has managed to re-arrange furniture and rooms at her house so my friend won't have to come and stay with us after all. Part of me is abit sad because it would have been a good laugh but another part of me is relieved because I would end up cleaning constantly and be worried that if I didn't she might think we're scruffy! Lol!

    While at my friend's house her son showed me the pokemon cards he has and was planning on selling at a car-boot but he said some were special and that he didn't want to sell them for cheap, well after looking at ebay we found one of the cards he has was selling for £10! Long story short I ended up with all of his pokemon cards to try and sell on ebay (There seems to be hundreds of them! Lol!). I put ten on Sunday night and three have bids already and one of those three has a bid for £7.50! If anyone with children reading this that collects pokemon cards, I would suggest you get them and check ebay asap!

    Sunday was a cleaning, washing and ironing day so no money spent there! Yesterday I went to Nostell Priory again with my neighbour and the dogs for a lovely walk. I was able to use my national trust card for free parking and it was my neighbours turn to buy the coffee and cake so another mse day!

    Today I have claimed £10 from panelbase by bacs so I'm hoping that will be in my account by the end of the week or early next week.

    Sticking to the meal plan at the moment so no takeaways have been purchased since the Easter Holidays. I know that's only a week ago but I'm dying for a dominos or indian from my local curry house! Lol!

    Have a lovely afternoon and if you're going out wrap up warm (well in Yorkshire it's pretty cold today!)
    Jess x
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount April 2017 - £64,990.00
    Overpayment Target for 2017 - £5,000 /£2,396.80
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79
    • ch4rly2002
    • By ch4rly2002 25th Apr 17, 4:39 PM
    • 183 Posts
    • 735 Thanks
    ch4rly2002
    Sounds like the Pokemon cards are going to make quite a bit. Well done for checking and getting them on the Bay! I sold some of DHs old XMen cards about a year ago and got quite a bit for them. I think anyone with collectibles like that who don't want them anymore should do and get on there to check what they're worth as they could be sat on a little gold mine!

    Glad you had a nice walk at Nostell Priory. Sounds like you're fairly close to me (I live in a village near Wakefield, Huddersfield, Bradford) and it's somewhere I've considered going but haven't really heard much about it. Would you recommend it? and yes, it is pretty cold here today
    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
    • Jessy103
    • By Jessy103 25th Apr 17, 5:37 PM
    • 273 Posts
    • 968 Thanks
    Jessy103
    Hi ch4rly! Yeah I hope so because it would be nice for my friends son to get something for them, I just wish they were mine! Lol! Yeah they should, I never really collected anything like that when I was younger. The only thing I did have that I saw recently are worth some money now are Disney films on video tape. The article said that the original video of Beauty and Beast was going for as much as £600!! I asked my mum if she still had the box with all my videos and of course she went 'No I sold them all at a car boot for 50p each'. Blooming typical! Lol!

    I live in Barnsley so no you're not far away at all! Yes I would definitely recommend Nostell Priory. You can have a lovely walk around the grounds, lake and gardens. I would quite like to go in the house at some point but we usually have the dogs and obviously they're not allowed inside. The old coach house and stables next to the house have been turned into toilets, caf! and a garden shop. The caf! has seats inside and out and the Victoria sponge is lovely!
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount April 2017 - £64,990.00
    Overpayment Target for 2017 - £5,000 /£2,396.80
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79
    • ch4rly2002
    • By ch4rly2002 26th Apr 17, 11:54 AM
    • 183 Posts
    • 735 Thanks
    ch4rly2002
    Ha, typical mum. My mum was the same. She was always clearing out our toys so we wouldn't get too cluttered and she got rid all the original Star Wars figures that my brothers had as kids (I don't even think she sold them), which would be worth a lot now. If I'm ever fortunate enough to have children I'm going to make sure I have a nice big attic to store their toys, like my in-laws have... they have original space hoppers, original star wars figures etc.

    Not too far at all I will definitely go and check it out. It sounds very much like Rufford Abbey and park that I used to visit a lot when we lived in Nottingham. They too turned the stables into toilets, cafe and shop! Victoria sponge is my favourite so that's a must! Did you say you bought a pass for parking? That could be a good way to save some money as DH and I want to walk around national heritage places to get healthier and enjoy the history and open spaces we have available to us
    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
    • themadvix
    • By themadvix 26th Apr 17, 12:09 PM
    • 826 Posts
    • 3,480 Thanks
    themadvix
    It's amazing what people will spend money on isn't it? I'm always really grateful that there are still plenty of lovers of 'things' and collectors out there - it makes it much easier to earn money from my old tat! It sounds like your friend's son will do well out of his Pokemon cards
    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
    • Jessy103
    • By Jessy103 26th Apr 17, 12:46 PM
    • 273 Posts
    • 968 Thanks
    Jessy103
    Oh no ch4rly those toys would be worth a fortune now! To be fair she did only sell them because they were moving to their bungalow a couple of years ago so I suppose I couldn't expect her to move them aswell! Parking at Nostell is £4 for the day but I became a member of the National Trust for £5.40 a month so you get a membership card for free parking and access to the properties and as we go quite often now I'm making sure I get my monies worth from it! They sent me a huge book when I became a member of all the National Trust properties and places all over the UK and we are quite lucky because there are a few places to visit in Yorkshire and nearby counties.

    Hi MV! I know that's what I thought, one man's trash is another man's treasure! x
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount April 2017 - £64,990.00
    Overpayment Target for 2017 - £5,000 /£2,396.80
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79
    • Jessy103
    • By Jessy103 28th Apr 17, 7:37 PM
    • 273 Posts
    • 968 Thanks
    Jessy103
    Logged on to Hitachi Personal Finance last night as we were getting near to paying off the 0% loan we had which paid for the new bathroom. We had only one more payment to make for £184.96 so we decided to pay it there and then and then cancel the direct debit so it's all done and dusted! I'm glad it's all paid off so that the £184.96 we are going to be saving from next month can go towards the mortgage!

    I've claimed another £5 from the surveys today which is nice and my onepoll is up to £27.60 so hopefully it won't be long until I can get to the £40 cashout!

    Meeting my friend in town tomorrow for breakfast so I'm off to count the coins in the piggy bank and hopefully I'll have enough to pay into the bank!

    Have a lovely weekend!
    Jess x
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount April 2017 - £64,990.00
    Overpayment Target for 2017 - £5,000 /£2,396.80
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79
    • atypicalblonde
    • By atypicalblonde 29th Apr 17, 7:22 AM
    • 2,187 Posts
    • 12,687 Thanks
    atypicalblonde
    Great news on being so close to paying the loan off, well done you x
    MFW
    Mortgage 8.2.15 - £171,064.64 Mortgage 5.6.17 - £123,900
    Aiming to be MF 1.10.2020
    • expl0rer
    • By expl0rer 29th Apr 17, 11:47 AM
    • 81 Posts
    • 46 Thanks
    expl0rer
    Denplan (This is for both me and OH Dentist): £36.13
    Is it really worth it? It's a lot of money. I normally see the dentist twice a year and have some fillings done (£56 band 2 NHS treatment) so the total annual cost for me is under £120 and it wouldn't be worth paying half of your £36 / month.
    Life Insurance £13.67
    Do you need it?
    Gas & Electric: £70
    That's more than I'm paying and I have 4 lodgers (so 5 people in total). Are you on pay-as-you-go or bills, and have you considered changing your energy supplier?
    Car Insurance: £56.51
    Car Service plan: £15.12
    DVLA: £16
    Petrol: £150
    A lot of money for the luxury of having a car! Do you use your car often? Is public transport or cycling not an option where you live and with your lifestyle?
    Mobile Phone: £14
    Isn't there a way of cutting this down by switching? I'm on pay-as-you-go with Three and a £5 top-up lasts me 6-8 weeks.
    Pet Insurance for 2 dogs: £40.29
    Again, is this worth more than it costs you?
    Broadband and Phone: £50
    Do you need your landline? You could get decent broadband for half that.
    New Bathroom: £184.96 (This is only until May 17 and has 0% interest)
    Good to see this is ending!
    Shopping: £250
    If this is for both you and your partner then that's good. If it's just you there must be a lot of room for savings here. Yellow sticker reductions - which has been suggested before - can go a long way.
    TV License (Quarterly) £37.62
    Do you really need your TV?
    • Jessy103
    • By Jessy103 29th Apr 17, 12:54 PM
    • 273 Posts
    • 968 Thanks
    Jessy103
    Great news on being so close to paying the loan off, well done you x
    Originally posted by atypicalblonde
    Thanks ATB it's a relief to have it all paid off and know that we will have that extra money in the bank! x
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount April 2017 - £64,990.00
    Overpayment Target for 2017 - £5,000 /£2,396.80
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79
    • Jessy103
    • By Jessy103 29th Apr 17, 1:01 PM
    • 273 Posts
    • 968 Thanks
    Jessy103
    Denplan (This is for both me and OH Dentist): £36.13
    Is it really worth it? It's a lot of money. I normally see the dentist twice a year and have some fillings done (£56 band 2 NHS treatment) so the total annual cost for me is under £120 and it wouldn't be worth paying half of your £36 / month.
    Life Insurance £13.67
    Do you need it?
    Gas & Electric: £70
    That's more than I'm paying and I have 4 lodgers (so 5 people in total). Are you on pay-as-you-go or bills, and have you considered changing your energy supplier?
    Car Insurance: £56.51
    Car Service plan: £15.12
    DVLA: £16
    Petrol: £150
    A lot of money for the luxury of having a car! Do you use your car often? Is public transport or cycling not an option where you live and with your lifestyle?
    Mobile Phone: £14
    Isn't there a way of cutting this down by switching? I'm on pay-as-you-go with Three and a £5 top-up lasts me 6-8 weeks.
    Pet Insurance for 2 dogs: £40.29
    Again, is this worth more than it costs you?
    Broadband and Phone: £50
    Do you need your landline? You could get decent broadband for half that.
    New Bathroom: £184.96 (This is only until May 17 and has 0% interest)
    Good to see this is ending!
    Shopping: £250
    If this is for both you and your partner then that's good. If it's just you there must be a lot of room for savings here. Yellow sticker reductions - which has been suggested before - can go a long way.
    TV License (Quarterly) £37.62
    Do you really need your TV?
    Originally posted by expl0rer
    Thanks for you input expl0rer, I'm pleased to say some things have been reduced since I did this soa!
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount April 2017 - £64,990.00
    Overpayment Target for 2017 - £5,000 /£2,396.80
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79
    • Jessy103
    • By Jessy103 29th Apr 17, 1:19 PM
    • 273 Posts
    • 968 Thanks
    Jessy103
    After counting the coins in the piggy bank I am pleased to announce I put £31 in the bank! Not bad to say it's spare change that OH leaves lying around the house or pennies I find on the street while walking the dogs.

    I had breakfast with my friend which only cost a fiver for a veggie full English and cup of tea which will keep me full until tea time. I did buy a phone case for £5 while I was in town as I only got my new phone last year and I intend to keep it as long as my last one which was 6 years, unfortunately I am quite clumsy and do drop it a lot so I thought this might help! Lol!

    I logged on to the mortgage account when I got home (as I do everyday!) and found that they had taken the payment that is due to go out on the 1st May off the total already so the new amount is £64,664.00. I'll wait for the interest to be added on before making an overpayment so I can get it down to a nice round figure (I don't like to see pennies on the total! Lol!).

    Enjoy the long weekend!
    Jess x
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount April 2017 - £64,990.00
    Overpayment Target for 2017 - £5,000 /£2,396.80
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79
    • ch4rly2002
    • By ch4rly2002 2nd May 17, 9:32 AM
    • 183 Posts
    • 735 Thanks
    ch4rly2002
    Well done on finishing the bathroom payment That will make a great dint in the mortgage in future!

    I don't know if it's new, or if I'm just forgetful, but I love the line in your signature showing the monthly OP amounts x
    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
    • Jessy103
    • By Jessy103 2nd May 17, 10:04 AM
    • 273 Posts
    • 968 Thanks
    Jessy103
    Thanks ch4rly! It's nice to know it's all done and dusted!

    I'm part of that 2017 mfw challenge so I added the overpayments each month line so that I could make sure what I put on that thread matched what's on mine! Are you part of that thread? It's a good motivator to reach a certain target by the end of the year! x
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount April 2017 - £64,990.00
    Overpayment Target for 2017 - £5,000 /£2,396.80
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79
    • ch4rly2002
    • By ch4rly2002 2nd May 17, 12:30 PM
    • 183 Posts
    • 735 Thanks
    ch4rly2002
    No, I'm not, I wasn't aware of it but it sounds like a great way to stay motivated. I'll take a look and see if I can find it Thank you
    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
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