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  • FIRST POST
    • michelle09
    • By michelle09 1st Jan 17, 4:24 PM
    • 451Posts
    • 1,802Thanks
    michelle09
    Plodding determinedly up a 300k mountain!
    • #1
    • 1st Jan 17, 4:24 PM
    Plodding determinedly up a 300k mountain! 1st Jan 17 at 4:24 PM
    Hi everyone! I have another thread on here but it is seriously out of date, so I figured I will start afresh. New year, new targets and all that.

    OH and I completed on our first house in May 2016. We had a sizeable deposit due to my ability to save and OH's inheritance. We could have afforded a decent flat but decided to buy a slightly rundown 3 bed end of terraced house and do it up while living in it. This seemed like a much better idea before we were living somewhere with a smashed in door, no hot water and only lighting in part of the house. So far we have plunged 20k into repairs (which sounds like a lot, but the doors, windows, bathroom, cloakroom, boiler, radiators, some of the wiring and floors are brand new). It's certainly been a character building experience, from turning up after completion to finding the old owner still living here, to getting the first batch of wiring fixed and discovering that every lightswitch in the house now turned on the kitchen light, but we are getting there slowly.

    The basic floorplan of the house we love, so once we are finished doing it up it will be brilliant. It's also in a great location, we are in London - hence the obscene price - but we are two minutes from the underground, can be in zone 1 in fifteen minutes from our front door, but can also be on the motorway out of London in the same time by car.

    We are now seeing the light at the end of the repairs, so in 2017 I want to start making a serious dent in our mortgage. I have taken on a second job and we have two friends renting our spare rooms - at mates rates - so it is a good time to start reducing the crazy interest rates!

    Figures -
    House Price: £440,000 *gulps*
    Mortgage: £259,700.00
    Student Loan: £19,103.29
    Repairs Estimate: £20k
    Monthly Mortgage Repayment: £940.87. 1.74% interest, lifetime tracker.


    I know that students loans are not a problem debt, but our aim is to try and clear the whole lot by the time OH is 40. Which gives us 13 years. This might be too much of a reach, but I would rather aim high and fall slightly low than not push. Though I may be relying on OH's lottery tickets actually paying off!

    Going to check out other diaries too, hopefully the support here will help.
    Last edited by michelle09; 01-01-2017 at 4:37 PM.
Page 5
    • michelle09
    • By michelle09 8th Oct 17, 6:07 PM
    • 451 Posts
    • 1,802 Thanks
    michelle09
    Back to the real world with a bump it seems. Work has been crazy busy so I ended up agreeing to an extra 10 hour shift as OT. Which at least means next month's payslip should look quite nice.

    Job #2 had it's up and downs. I lost one student because their school has started putting on extra tuition sessions, but an old student has come back asking for more sessions that fills the gap. So it's not all bad.

    It's our wedding anniversary next week and both OH and I are off so we went to M&S this morning and bought some fancy food courtesy of the gift voucher M&S sent after we complained to them a few weeks ago. Would rather have not spent 90 minutes on the phone to customer service with the problem in the first place, but might as well make use of it when it arrived!

    Got our last payment from lodger #2 so put £100 OP on the mortgage.

    Our monthly mortgage/bills payment on current direct debits is now £1301.24 so I am looking at ways to knock that down. Mostly to get it under £1300!

    Current Balance: £248,900.00
    Kitchen Savings: £6,500/£13,000
    • beanielou
    • By beanielou 8th Oct 17, 7:06 PM
    • 49,020 Posts
    • 181,975 Thanks
    beanielou
    Good news on the mortgage OP.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • Karmacat
    • By Karmacat 10th Oct 17, 12:20 PM
    • 28,180 Posts
    • 155,260 Thanks
    Karmacat
    Going really well! Have a lovely wedding anniversary - I'm doing the same "fancy food from M&S" thing (or cook.net, actually) for my sister's birthday later this month, for three of us.
    Retired August 2016
    • michelle09
    • By michelle09 10th Oct 17, 6:10 PM
    • 451 Posts
    • 1,802 Thanks
    michelle09
    Thanks Beanie! Thanks KC, it's been a lovely day of doing very little. Mostly watching TV and playing board games.

    Current Balance: £248,900.00
    Kitchen Savings: £6,500/£13,000
    • michelle09
    • By michelle09 14th Oct 17, 5:46 PM
    • 451 Posts
    • 1,802 Thanks
    michelle09
    Accounts finally closed with British Gas. Depite the £23/month increase that they insisted on two months ago because we were on track to be in debit at the beginning of October - they just had to pay out £76 of credit.... oh well, at least it's some extra money!

    Did a small clearout with musicmagpie and webuybooks and had £44 come through in four days of posting them off, so happy with that.

    It's my grandmother's birthday this week, her first since my grandfather died. When she moved, I found her wedding photo. The frame was broken and the backing was mouldy, so I 'borrowed' it and got it reframed and will give it back to her as a gift tomorrow when we go for lunch.

    Current Balance: £248,900.00
    Kitchen Savings: £6,500/£13,000
    • smallholdingsister
    • By smallholdingsister 14th Oct 17, 6:19 PM
    • 3,557 Posts
    • 27,742 Thanks
    smallholdingsister
    That sounds like a lovely present.
    • michelle09
    • By michelle09 14th Oct 17, 6:31 PM
    • 451 Posts
    • 1,802 Thanks
    michelle09
    Thanks! I hope she likes it. It's hard to surprise a woman of 89 and she's not really interesting in collecting things, and we are taking her for lunch (with my parents and brother) but I wanted to have something physical to give her as well. This seemed like a good compromise. And she only has one copy of this photo - they got married in 1951 - so I want to make sure it's well preserved!
    • beanielou
    • By beanielou 14th Oct 17, 7:38 PM
    • 49,020 Posts
    • 181,975 Thanks
    beanielou
    What a lovely present.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • CathT
    • By CathT 15th Oct 17, 9:17 AM
    • 5,380 Posts
    • 37,020 Thanks
    CathT
    Holiday sounds fab and you came home to an empty house. Hope you're both still feeling relaxed and in your holiday bubble. Amazing savings too, that £2k would be a fab overpayment once the repairs are done.
    Dec 2017 -
    part 1 - £79,783
    part 2 - £45,999
    Total - £125,782
    • michelle09
    • By michelle09 17th Oct 17, 8:45 PM
    • 451 Posts
    • 1,802 Thanks
    michelle09
    Thanks guys! It was awesome to come home to an empty house. The holiday bubble is over, but we still have the £300 Eurostar vouchers so are trying to juggle a few days at the Christmas markets somewhere. Advantage of shift work means we can go during the week.

    Picked up another potential longterm student today which is good. Hope that it all goes well.

    So tired this week, could do with a nice week at work, but somehow I doubt that's going to happen.

    Current Balance: £248,900.00
    Kitchen Savings: £6,500/£13,000
    • Karmacat
    • By Karmacat 19th Oct 17, 2:36 PM
    • 28,180 Posts
    • 155,260 Thanks
    Karmacat
    That sounds a lovely present, Michelle - and, erm, speaking as an amateur genealogist, I hope you scanned the photo at high res when it was in your custody?
    Retired August 2016
    • michelle09
    • By michelle09 21st Oct 17, 1:31 PM
    • 451 Posts
    • 1,802 Thanks
    michelle09
    Thanks KC, and yes, I started this a few years ago when I came over to find she'd had a clear out and dumped two bags of holiday photos in the bin! I get that she wants to declutter but I wish she'd mentioned it first.

    It's Saturday, and my first weekend off this month. So naturally, I am cleaning. Last week we had the friend who made our wedding cake stay while they were headed to a conference in London. As a thank you/ anniversary gift they brought a tier of our wedding cake with them. So we have had lots of nice dessert this week, and a reminder that it's always good to help out your friends, if not your waistline!

    We have managed to move our kitchen install date three weeks forward. It's great for us because it's becoming harder and harder to live the old one now that we know that it's going to be fixed soon. And it's good for the company because the place they buy their kitchens from are putting their prices up on November 1st. They agreed to absorb the cost because they'd made the original quote, but this works better for everyone.

    Current Balance: £248,900.00
    Kitchen Savings: £6,500/£13,000
    • obay
    • By obay 23rd Oct 17, 8:46 AM
    • 452 Posts
    • 329 Thanks
    obay
    I bet when you finished your kitchen you'd love to OP that extra £2000 you have for it to the mortgage!
    1/12/16 - £152,599.00
    11/11/17 - £145,990.00
    Two Credit agreements to pay off - £13653! (inc interest).
    Sofa (DFS) (0%)£923/£923 - Paid off 7th November!
    Barclays Boiler (18.9%!)£400/£3021.36
    Barclays Car (5.99%)£0/£8,832.37
    • beanielou
    • By beanielou 23rd Oct 17, 9:13 AM
    • 49,020 Posts
    • 181,975 Thanks
    beanielou
    So when is new kitchen day?
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • michelle09
    • By michelle09 29th Oct 17, 3:02 PM
    • 451 Posts
    • 1,802 Thanks
    michelle09
    Thanks obay! Possibly, we're currently scrimping more than I'd like to but I'd be happy to put at least £1k of it as an OP while we build up the emergency fund again.

    15th January. Less than three months now and I can't wait. They were around last week doing the final measurements before ordering the parts. Hopefully the excitement will do us through the three weeks of it being done.

    Busy week, we're into the part of the university term where students suddenly realise they are struggling with assignments so I'm picking up a lot of evening work which is good in the run up to Christmas.

    Our halloween celebrations pretty much consists of pumpkins, but I do really enjoy it. We cheat and get stencils online (http://orangeandblackpumpkins.com). This year we did Groot from Guardians of the Galaxy, and Toothless from How I Trained your Dragon and I'm fairly impressed at how they turned out. Pumpkin carving naturally leaves a lot of pumpkin so today is a kitchen day!

    So far I've made:
    - A tupperware container full of roasted pumpkin seeds
    - 36 pumpkin cupcakes
    - 2 loaf-tin pumpkin pies
    - A pumpkin sandwich cake
    - A "pastry-less" pumpkin pie (the joys of gluten free recipes) which is a creme brulee type consistency.

    And I still have pumpkin puree left. Hmm... might freeze it with some of the cakes. Feel that we've got enough for now.

    Payday on Tuesday, really looking forward to that.

    Current Balance: £248,900.00
    Kitchen Savings: £6,500/£13,000
    • Karmacat
    • By Karmacat 29th Oct 17, 3:36 PM
    • 28,180 Posts
    • 155,260 Thanks
    Karmacat
    Amazing! Awww, you really get into the spirit! I grew up with the really old fashioned English Halloween (a turnip hollowed out just enough to put a candle in, and bobbing for apples in a washing up bowl, or a new innovation of tying them to strings, hung across a doorframe ) so I can't make myself go for the American version. And there are no little family kids within 60 miles, so I forgive myself the not-taking-part It feels Scrooge-ish, but its not really

    All that pumpkin-ing sounds really, really delicious.
    Save
    Retired August 2016
    • michelle09
    • By michelle09 29th Oct 17, 4:10 PM
    • 451 Posts
    • 1,802 Thanks
    michelle09
    Thanks! I've never really been bothered by halloween, I just like carving the pumpkins. Saw an advert on FB for carving other vegetables so maybe I can make it a year round activity.

    You're probably forgiven! I have two neices but they're way too young for halloween so just don't answer the door on the 31st, miserable as that may be. I will be scrooge-ish with you.

    The pumpkin things are very good. Apparently my grandmother has never had pumpkin pie, so I'm going to freeze some filling to make her one in a few weeks time. Even at nearly 90 you can discover new things it seems.

    OH took a large handful of the pumpkin seeds and a cupcake to work so I think they've gone down a treat!

    Hmm...the internet is telling me that pumpkin brownies are a thing. And we do have chocolate in the house. Maybe meandering back to the kitchen.
    • Karmacat
    • By Karmacat 29th Oct 17, 4:25 PM
    • 28,180 Posts
    • 155,260 Thanks
    Karmacat
    Ooh! If you really enjoy doing it, you could make images to be sold as cards on deviantart or something!

    Thanks I'm definitely forgiven by me and the little ones that are "only" 60 miles away are 3 years old and newborn - and oh my, they're half French, I've just realised I know absolutely nothing about how the French do Halloween. More learning to do

    Slurping at the thought of pumpkin brownies
    Retired August 2016
    • beanielou
    • By beanielou 29th Oct 17, 6:53 PM
    • 49,020 Posts
    • 181,975 Thanks
    beanielou
    I dont answer the door either these days.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • smallholdingsister
    • By smallholdingsister 29th Oct 17, 7:15 PM
    • 3,557 Posts
    • 27,742 Thanks
    smallholdingsister
    Pumpkin soup with nutmeg?
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