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  • FIRST POST
    • ch4rly2002
    • By ch4rly2002 19th Jan 17, 2:37 PM
    • 228Posts
    • 973Thanks
    ch4rly2002
    Dreaming of financial freedom!
    • #1
    • 19th Jan 17, 2:37 PM
    Dreaming of financial freedom! 19th Jan 17 at 2:37 PM
    Hi everyone reading this!

    I hadn't thought about writing my own MFW diary until another user suggested it, so I have no idea if anyone will be interested in what I have to say, but I'll just post it and you can ignore if it's rubbish So here's my story...

    I turn 30 next month and I would like to be mortgage free as soon as possible. My husband and I work in IT and, at least in my company, it seems to be that most jobs are being moved abroad. My dad also worked in IT was made redundant at 53 before my parents had finished their mortgage so I think that is why I am so anxious about having mortgage debt and would like to pay it off ASAP.

    We bought our first house in 2006 and sold it three years later in the middle of the recession for a loss of £6k, which wasn't ideal but it allowed us to purchase a house we couldn't have otherwise afforded as the vendors needed a quick sale so were prepared to drop their price. We moved in to the new house at the back end of 2009 and didn't need to do anything to it, which is a good job as we didn't have any spare money at the time! After a few years I got a job that paid well and we started overpaying on the mortgage, which we decided to do rather than save up as we would get a nice lump sum if we were made redundant. I loved seeing the mortgage go down!

    In 2011 my dad was diagnosed with a progressive neurodegenerative illness, which means his brain is slowly dying and was given a life expectancy of approximately 7 years, although it differs for everyone. My parents decided to make the most of their time together and bought a static caravan by a lake, which they lived in happily for a couple of years before my dad started having too many falls to continue living there and they moved into an independent living unit near Holmfirth, which isn't too far from where my in-laws live so it made visiting them all on our weekends up from Nottingham so much easier! By 2014 my dad had deteriorated quite a bit and my husband and I discussed leaving Nottingham so we could live closer to our parents in Yorkshire. At this point, the house was valued at £170,000 and the mortgage was at £108,000. Had we stayed and continued paying the same amount each month we would be mortgage free by 2021 but if we moved we would either have to rent (which we both saw as dead money) or buy another place that would be more expensive for a comparable house so it was a difficult decision. Around the same time my father-in-law got cancer, so we decided that moving up would be the best option. The only problem was that my dad was deteriorating rapidly and it takes ages for houses in our area to sell so we'd miss the last bit of time with my dad in a reasonable condition and could miss being there for the in-laws when they needed us through the cancer treatment process. At this point, I suggested we rent out our house and buy another house closer to our parents. I first spoke to my mortgage provider and asked if there was a way to release equity from our house and move it onto a buy-to-let mortgage then purchase another property. Unfortunately they wouldn't allow us to do this, but luckily MSE sings the praises of London and Country mortgage brokers and as they don't charge a fee I thought it would be worth giving them a call. I am so glad I did! My advisor Adam found me a new residential mortgage and let-to-buy mortgage (which is apparently very similar to a buy-to-let mortgage but it is when you already owned the property when you decided to rent it out) so we could use equity from our house. A couple of months later we moved into our new house and our old house was rented out shortly after.

    After 2 years, our fixed deals have just come to an end and this is where we now stand...

    Residential mortgage:
    Started at £216,000 on 3.29% with no OPs allowed.
    From January 4th, the property has 80% LTV and is on 1.99% for 3 years with 10% OP allowed. Started at £204,000 but as I had to guess what amount I would need when I first applied 3 months ago, we were refunded £1,404 so the mortgage now stands at £202,596. The standard mortgage payment £916 but I set the DD up at £1,100 as that's what we paid before so there is an overpayment there without any hardship. I can't wait to see this go under £200k, and then I will set £10k goals.

    Buy-to-Let mortgage:
    Started at £136,000 on 4.79%, and we started making overpayments of £250pm.
    From February the property will have a 73% LTV and will be on 2.64% for 2 years. Again, we applied for this mortgage 3 months ago and I guessed £129,000 but when I checked yesterday it stood at £127,895 so we will be due some money back and will pay that off the mortgage straight away.The standard DD is £638 but I am considering whether to leave the payments at £1,000 as they previously were.

    The only fly in the ointment now is that our jobs aren't as secure as they used to be, and there are rumours of redundancy packages being dropped to statutory rates, which I understand isn't very much. This has made me think that we ought to have some savings in case one or both of us gets made redundant. We have £1500 in premium bonds saved up for house repairs but that wasn't much of a safety net. Luckily, we have just received a cheque for £4,900 from my husband's stock that he just sold so for the first time ever we finally have some security. We would have previously put it straight on the mortgage but with the current uncertainty around jobs it is nice to have a bit of a safety net. The timing couldn't be better!

    I'll be honest. I'm rubbish with budgets. I don't know how much we spend and I know I could be a lot more careful with my spending. We do have takeaways and eat out quite a bit, mainly because we both work long hours and very tired on an evening and don't want to then spend a big chunk of our evenings cooking. If I'm even more honest, part of it is laziness However, I want to change that as I'm sure we could save some real money and be healthier if we cook more so I'm thinking maybe meal plans, online shopping so I don't get tempted by add on products and don't have to give up a load of time to go to the supermarket, and maybe the odd ready meal in place of a takeaway when we're feeling tired / lazy. I am also going to have a look into slow cooker recipes that I could put on in a morning so it's ready for us as soon as we finish working.

    My goal is to start logging what we spend and make a proper budget!

    Some (limited) financial info:
    Husband earns around £3,000 net each month.
    I earn around £1,700 net each month.
    Rental income, after expenses, is £678 per month.

    Mortgage 1 £1,100
    Mortgage 2 £322 (£1,000 payment minus £678 rent, assuming we keep the payment the same)
    Car loan £500 (ends in October 2017)
    Loan to In-Laws £250 (not accruing any interest)
    Water bill £26
    Council Tax £128
    Gas & Electric £94.14
    BG Home Care £29.50
    Mobile 1 £13
    Mobile 2 £20
    Sky TV, internet and phone £70.93 (up for renewal tomorrow so will haggle or switch to Virgin)
    Car insurance £632 in 2016 (paid in a lump sum in April)
    Home insurance £491 in 2016 (paid in a lump sum in December)
    Pet insurance £69.61 in 2016 (paid in a lump sum in November)
    Landlord insurance £219.21 in 2017 (paid in a lump sum in January)
    Rent Guarantee and Legal insurance £125 in 2017 (paid in a lump sum in January)
    Gas Safety Certificate £60 (annual, paid in February)

    Unsure on food and entertainment costs (really need to get a grip on this) but after paying our credit cards we end up with between £500 and £1500 left at the end of the month, which we have recently been spending on home improvements, insurance, Christmas etc. so we haven't saved much of this. We are also thinking about joining a gym so that might also be another expense in future. If I think of any other expenses I will add them but I think that's pretty much it for now.

    I will try and update this as and when I get more information or manage to make savings / OPs. Thanks for reading!
    Last edited by ch4rly2002; 20-01-2017 at 10:44 AM. Reason: Forgot to include the current mortgage values.
Page 10
    • ch4rly2002
    • By ch4rly2002 12th Jul 17, 9:39 AM
    • 228 Posts
    • 973 Thanks
    ch4rly2002
    Hi Vix, sorry you didn't get a mention, your comment came through as I was typing War and Peace

    You are so right about what you can live without. We have so much stuff that we haven't touched since we moved in but DH and I have the same silly mentality of 'but it might come in useful one day', which is so totally wrong and our logical minds tell us that yet we still hoard. I've decided we need to be more ruthless. If we haven't used it in the last 6 months, it's going. If it turns out we need it in the future, I will check eBay or freecycle first. I feel a bit like an addict... I'll have to take one day at a time and repeat my mantras "do I love this, have I used it in the last 6 months, do I need 35 hand lotions etc."
    Savings: Aim £13.5k. Dec 2016 £1,700 / Current £10,850
    Mortgage: Dec 2014 -£216,000 / Current -£195,420
    BTL Mortgage: Dec 2014 -£136,000/ Current -£124,790
    CC 0%: Nov 2016 -£4,500 / Current -£3,506.43
    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
    • shangaijimmy
    • By shangaijimmy 12th Jul 17, 10:12 AM
    • 2,207 Posts
    • 10,146 Thanks
    shangaijimmy
    Ch- I wish Mrs SJ would read your quote! She definitely has her fathers hoarding tendencies!
    MFW: Turning June 2036 into March 2023... 30//120 Payments Challenge, Diary Reduction £32,077.72
    Aug 2009: £163,051 // Current: £103,922.28 // Avg Daily Interest £4.67
    MFiT-T4 #8 - 47.86% of £41,000
    • Swash
    • By Swash 13th Jul 17, 6:06 PM
    • 111 Posts
    • 264 Thanks
    Swash
    Hi Charly,

    Just finished reading your diary, will subscribe. You're doing so well, think I'll look into premium bonds instead of the lottery
    "Nothing is permanent in this wicked world, not even our troubles".

    Mortgage 1/3/2017: £112795 Remaining Balance: £109990.00 Overpayments: £1241.22
    • themadvix
    • By themadvix 14th Jul 17, 11:33 AM
    • 1,060 Posts
    • 5,988 Thanks
    themadvix
    It's definitely difficult getting the balance right between 'it might come in handy' and 'I don't need to keep this'... but as you're moving, I'm sure it'll become much easier!
    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 14th Jul 17, 2:47 PM
    • 1,593 Posts
    • 8,233 Thanks
    Kittenkirst
    I had to get quite ruthless Charleu; I'd always thought I didn't have much stuff as I've moved a lot but when gf saw all my stuff and said how much junk do you have I was a little offended at first. I then started to work through stuff and be objective; does the thing have a use that I use it regularly for? Is it something that I love and gives me happiness? Is it something I paid a lot of money for, regret it and now don't want to get rid of due to guilt?

    I found by questioning why I'm keeping stuff helped me reduce down a lot. Don't get me wrong, I still have a fair amount but I'm getting better at it!
    2017 MFW #20 - OP £1958.94/ £2150 91%
    Last 3 months- Jul £172.36 Aug: £212.52 Sep £206.32

    Emergency fund £3880/ £6k
    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    2016 OPs £255.50/£150
    • foxyloxy11
    • By foxyloxy11 14th Jul 17, 5:03 PM
    • 223 Posts
    • 1,220 Thanks
    foxyloxy11
    if your up that way why don't you pop a note through the door saying that your interested in the house...you never know they might give you a call.
    it works for Phil and Kirsty...you've nothing to lose
    365 day penny challenge - £200.19/£667.95
    £1000 Emergency fund challenge #225 - £440.00.00/£1000 Stage 1
    • ch4rly2002
    • By ch4rly2002 17th Jul 17, 9:36 AM
    • 228 Posts
    • 973 Thanks
    ch4rly2002
    Thank you for the advice and words of encouragement. It is much appreciated. I love how supportive people on this forum are!

    So, we were down in Nottingham at the weekend and we went to the dream house. We knocked on the door and spoke to the owner, who was lovely. She'd put the house on the market after she split from her partner and wasn't sure if she could keep the house on, but as she could and it hadn't sold after being on the market a year she decided to take it off the market. She also has a gate in the garden fence which opens into her parents' garden, which is another reason she didn't really want to sell. We left our details with her and said that if she changed her mind and decided to sell could she please let us know. We weren't really expecting a response but I got a text yesterday saying that she isn't quite at the point of wanting to move but is battling head v heart as she knows it would be financially better for her to move so wanted to know what we'd offer as she needs to think about what to do. I sent her a response back with a ballpark and said that if she let us know what she needed to move we could see is we could make it work. I haven't heard back so I'm not sure if she's considering what we said, is looking at what would be available for her to buy or straight up thinks it isn't enough to make her want to move. We'll have to wait to see if she gets back to us but I am so impatient and the waiting is killing me! I do believe that things happen for a reason so I'm desperately trying to think that if it is meant to be, it will be and I can use the time to focus on getting the house ready to go on the market. At least if she is interested in selling to us she's not in a rush to move and can wait for us to sell!

    In other news, I took my mum and Grandma out yesterday. We had hoped to go to Hebden Bridge but it was raining and miserable so we went to the local shopping centre instead. Lots of shops all under one roof, and much easier to push Grandma's wheelchair! We got there a bit before the shops opened so we had a latte at Patisserie Valerie, courtesy of mum, and all had a great chat. Afterwards we took Grandma's watched to the Watch Hospital to get a new battery for one and a new strap for the other, so she was pleased to get that job done. Mum bought a couple of new bra's for when she has her shoulder scanned (she's badly damaged it when my dad pulled her to steady himself)... I doubt the doctor will even see it, but at least she'll feel confident I didn't need anything so I managed a NSD for me and they enjoyed a change of scenery so I think it worked out win-win for us all. Unfortunately the trip to Nottingham on Saturday and taking my mum and Grandma out means I am a bit behind with the decluttering and listing on eBay but DH is working away this week so I will find time to catch up on the evenings
    Savings: Aim £13.5k. Dec 2016 £1,700 / Current £10,850
    Mortgage: Dec 2014 -£216,000 / Current -£195,420
    BTL Mortgage: Dec 2014 -£136,000/ Current -£124,790
    CC 0%: Nov 2016 -£4,500 / Current -£3,506.43
    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
    • Jessy103
    • By Jessy103 17th Jul 17, 11:03 AM
    • 454 Posts
    • 1,895 Thanks
    Jessy103
    Fingers and toes crossed for the dream house ch4rly!! x
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount Oct 2017 - £61,990.00
    Overpayment Target for 2017 - £5,000 /£4,060.70
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79 July - £849.96 August - £255.11 September - £177.22 October - £381.61
    • Moominmamma89
    • By Moominmamma89 17th Jul 17, 2:01 PM
    • 199 Posts
    • 337 Thanks
    Moominmamma89
    Hope you hear something soon about the house x
    Outstanding Mortgage - 139,880.15 (73% LTV)
    Current end date: January 2041 (originally August 2044)
    • Kittenkirst
    • By Kittenkirst 17th Jul 17, 5:43 PM
    • 1,593 Posts
    • 8,233 Thanks
    Kittenkirst
    Look at you making things happen with the dream home! I have everything crossed for you that your trying for what you want works out x
    2017 MFW #20 - OP £1958.94/ £2150 91%
    Last 3 months- Jul £172.36 Aug: £212.52 Sep £206.32

    Emergency fund £3880/ £6k
    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    2016 OPs £255.50/£150
    • themadvix
    • By themadvix 19th Jul 17, 7:39 AM
    • 1,060 Posts
    • 5,988 Thanks
    themadvix
    Wow Charley, great proactivity going on here.... fingers crossed it pays off for you!

    Have you listed anything yet?
    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 19th Jul 17, 11:22 AM
    • 228 Posts
    • 973 Thanks
    ch4rly2002
    Thanks Guys for the kind words. I try to make things happen when they're important to me and will do everything I can think of / that's in my power. The lady got back to me and unfortunately she doesn't want to sell at the moment but asked us to let her know when our house sells in case her situation changes. It's disappointing, but at least we tried so I won't have the dreaded "what if". However, we found a very similar house that was just added to Rightmove a few days ago, which DH loves (even more than the other one) and it has spurred him on to get the house on the market ASAP. He's so adverse to change and said that even though he wants to move back to Nottingham, the thought of moving makes him feel very anxious so he's been dragging his feet a bit and putting off getting the house sorted, but this has really lit a fire under him and he's thinking of ways we can make maximum impact in minimum time. Even if this house sells, it was worth finding if just to get DH excited about moving

    Yes, Vix, thanks for asking / spurring I took the opportunity last night to list a few items while DH is away. I am finding that the thought of listing is worse than the actual task, so tonight I am determined to catch up on all the days I've missed then keep up with one new listing a day.

    My mum came round yesterday. She had a meeting at the care home where a family friend lives. I was about 3 when I moved into our family home and the lady nextdoor-but-one became my 'Auntie Mary' I used to go on and play with her dog, we'd go on walks together, I'd stay over at her house and on my birthday we'd go into Leeds or Huddersfield for an Italian meal. She was like a second mum to my mum (although I think she and my mum were closer than mum was/is to my real grandma). When mum was busy working, bringing up three children, cooking, cleaning etc. Mary would often help out by doing some ironing etc. She has such a sweet heart and would take in stray cats (even ours who deserted us for her prawns and tuna!). We sadly helped her through the loss of her husband to cancer and her son who was killed while doing a cycling road race. She was always such a truly special person. Unfortunately she has dementia now and keeps 'finding out' that her brothers have died or remembering that her son has died. It is truly devastating to see. Anyway, a couple of years ago after her son died she started getting worse and showing signs of dementia. One day she walked all the way to the next town (down busy, dangerous roads) and ended up in the police station because she was scared and didn't know where she was. Her friend's daughter and my mum stepped in to help and found that she'd been eating food that was very out of date (6 month old mince pies etc) and wasn't looking after herself. It was decided that she would be best placed in a care home. Fortunately for her, her son had had a very well paid job in insurance and he had invested very wisely so she has moved to a very nice care home and although it is extremely expensive, she won't run out of money so she can stay there in the care home she likes with carers she knows. When she went in there, my mum was in a very bad place trying to look after dad and didn't have the time or energy to take on POA so the other close friend (a nurse) took it and did a great job, but she is suffering ill health now so mum had a meeting yesterday to get joint POA to help out the other friend and it will give her official power to help Mary (such as making sure she has some new clothes rather than her very tatty clothes that she's had since moving in there and making sure her house is maintained so it doesn't fall to pieces). One thing I learned after her son died was how unscrupulous people can be and what money does to people. The only people not to take a penny from Mary are my mum and the other friend, and they are the ones who have done everything to help her. Distant family that she hadn't seen in years came out of the woodwork when they got a whiff of inheritance and took thousands from her. An old friend that moved away years ago started giving her sob stories of how she needed money for her kids and mortgage. The solicitors have fleeced her for thousands and still charge a fortune every month and all they do is make sure her accounts are up to date. It really showed me the dark side of money, and I think this forum is great for helping us break free from the hold it has on us by giving us power to use our money wisely and pay off debt. Sorry for the long detour, but I feel better for sharing that

    After the meeting at the care home, mum came to my house and we had a meal, which mum kindly provided, and then I took her home. She has taken a few large items to keep at her place for now so the place doesn't look cluttered when we take photos. We also stopped at my Grandma's house and noticed that her flowers have died and she mentioned the other day wanting some fresh veg but then said she didn't want any (I think because she wasn't feeling well) so we went up to the Sainsbury's local to buy her some flowers ("it doesn't feel like home without flowers") and some fruit and veg. I used one of the vouchers I got from work so the whole thing only came to £4 and she was very happy. I wish I could make everyone as happy with £4!

    Tonight DH is away and I have nothing to do so I will be spending the evening decluttering, listing on eBay and doing jobs. I will report progress on here tomorrow... being accountable to you guys will keep me on target!

    Have a good day everyone!
    Savings: Aim £13.5k. Dec 2016 £1,700 / Current £10,850
    Mortgage: Dec 2014 -£216,000 / Current -£195,420
    BTL Mortgage: Dec 2014 -£136,000/ Current -£124,790
    CC 0%: Nov 2016 -£4,500 / Current -£3,506.43
    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
    • Jessy103
    • By Jessy103 19th Jul 17, 12:02 PM
    • 454 Posts
    • 1,895 Thanks
    Jessy103
    Sorry to hear about the house not working out but fingers crossed for this new one! Aww what a sad state of affairs with Mary. You're right, there is a darkside to money and it can bring out the worse in people. I'm sure your mum and the other friend that has helped Mary will be rewarded with some good karma!! Good luck with the decluttering and ebay! x
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount Oct 2017 - £61,990.00
    Overpayment Target for 2017 - £5,000 /£4,060.70
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79 July - £849.96 August - £255.11 September - £177.22 October - £381.61
    • themadvix
    • By themadvix 20th Jul 17, 7:55 AM
    • 1,060 Posts
    • 5,988 Thanks
    themadvix
    Well done on the listing - I know what you mean about the thought being worse than reality, I feel exactly the same way about it!

    That's awful about Mary, but she's very lucky to have your mum and the other lady.
    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 20th Jul 17, 9:44 AM
    • 228 Posts
    • 973 Thanks
    ch4rly2002
    Had a productive evening last night and managed to list a few things on eBay. I also fixed the door handle in the dining room, so I feel like it was a good use of time. The door had locked with the latch out so DH managed to get it open and I took the door handle off to stop it locking again. As the cat sleeps in the adjoining room and we didn't want him pushing his way through to the dining room we put a chair up behind it and have been taking a detour round the house for the last couple of weeks. I finally got a new latch and chiseled out where the hole was too small for the new latch. As the hole wasn't drilled centrally there was only a thin piece of wood that I could easily have chiseled through so I had to be very slow and careful with it. It took about an hour of patiently chiseling a mm at a time then trying the latch over and over, but when finished it works beautifully - even better than before as we used to have problems with the latch fitting into the hole but not now. That's the third one I've had to do that with and I'm glad I gave it a go myself because I'm sure it would have cost a bit to have a joiner doing them all on different occasions. Another job ticked off the list

    I'm waiting for a pay-in book for my First Direct account. It's been two weeks since I called and still no sign of it. I have some money that I'm waiting to pay into my FD account and it's been hard not to spend it with it just sat in my purse. I'll give them another ring to check they definitely have sent it... I'm happy to wait if I know it's definitely coming.
    *Update, they're playing Simon and Garfunkel on hold. Quite enjoying it!
    Savings: Aim £13.5k. Dec 2016 £1,700 / Current £10,850
    Mortgage: Dec 2014 -£216,000 / Current -£195,420
    BTL Mortgage: Dec 2014 -£136,000/ Current -£124,790
    CC 0%: Nov 2016 -£4,500 / Current -£3,506.43
    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
    • Jessy103
    • By Jessy103 20th Jul 17, 9:53 AM
    • 454 Posts
    • 1,895 Thanks
    Jessy103
    Well done on sorting the door ch4rly! I'm like you, I like to have a go at jobs round the house not only to save money but to show myself that I can do these things!!
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount Oct 2017 - £61,990.00
    Overpayment Target for 2017 - £5,000 /£4,060.70
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79 July - £849.96 August - £255.11 September - £177.22 October - £381.61
    • ch4rly2002
    • By ch4rly2002 21st Jul 17, 9:28 AM
    • 228 Posts
    • 973 Thanks
    ch4rly2002
    It's pay day today! Best day of the month It was definitely needed this month - I got down to 4p in my account and DH got down to 6p! Most of the holiday expenses (hotels, flights, car hire etc.) hit us this month so it's been particularly grueling. Next month will be a little tight, but DH makes his final Peugeot payment next month and will then only have the Honda payment to make. That will make such a difference. As it's pay day my standing order came out for £50 of bonds, so we're even closer to our £10k goal. When my regular saver comes out we will have made it.

    DH had some shares that have just become eligible for payout so he's just requested to sell those. They are the last of the shares, and I know he will be glad to be rid of them. The whole system was difficult to set up and manage, and as it is an American system and bank, and not that many people in the company got shares, there wasn't anyone to ask about them. Plus they mess up the tax taken etc. so he's very pleased to be closing this off. We think he'll end up with about £700, which will be very welcomed. We have the roof to pay for (they're coming next weekend to do it but said we can pay them in 2 lots) and we still owe the final amount for our holiday to Majorca in September so this will be a very welcome contribution.

    I did some more decluttering and listing on eBay last night. I'm finally getting into the swing of it now. Long may it continue!

    Final thought for the day... it's FRIDAY!!! Best day of the week! Have a good one x
    Savings: Aim £13.5k. Dec 2016 £1,700 / Current £10,850
    Mortgage: Dec 2014 -£216,000 / Current -£195,420
    BTL Mortgage: Dec 2014 -£136,000/ Current -£124,790
    CC 0%: Nov 2016 -£4,500 / Current -£3,506.43
    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 21st Jul 17, 12:19 PM
    • 199 Posts
    • 337 Thanks
    Moominmamma89
    Well done with your listing - i can't seem to get motivated but i know your right that the thought of it is much worse than the actual listing x
    Outstanding Mortgage - 139,880.15 (73% LTV)
    Current end date: January 2041 (originally August 2044)
    • ch4rly2002
    • By ch4rly2002 25th Jul 17, 11:11 AM
    • 228 Posts
    • 973 Thanks
    ch4rly2002
    So far, so good. I've kept up to my listing target and have quite a few items listed. I've also sold a few items over the past couple of days so I think that's what's kept me interested and motivated.

    Not much more to add right now, probably because I have a headache and am struggling to concentrate but just wanted to pop in and report eBay success
    Savings: Aim £13.5k. Dec 2016 £1,700 / Current £10,850
    Mortgage: Dec 2014 -£216,000 / Current -£195,420
    BTL Mortgage: Dec 2014 -£136,000/ Current -£124,790
    CC 0%: Nov 2016 -£4,500 / Current -£3,506.43
    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
    • Jessy103
    • By Jessy103 25th Jul 17, 11:37 AM
    • 454 Posts
    • 1,895 Thanks
    Jessy103
    Great news on the ebay listings! Hope you feel better soon! x
    Original Mortgage Amount 2007 - £87,310.50
    Mortgage Amount Oct 2017 - £61,990.00
    Overpayment Target for 2017 - £5,000 /£4,060.70
    Jan - £873.26 Feb - £185.38 March - £269.07 April - £193.66 May - £467.64 June - £407.79 July - £849.96 August - £255.11 September - £177.22 October - £381.61
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