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  • FIRST POST
    • greenbee
    • By greenbee 3rd Oct 17, 7:50 AM
    • 12,254Posts
    • 216,271Thanks
    greenbee
    "Isn't it nice to think that tomorrow is a new day with no mistakes in it."
    • #1
    • 3rd Oct 17, 7:50 AM
    "Isn't it nice to think that tomorrow is a new day with no mistakes in it." 3rd Oct 17 at 7:50 AM
    So after lurking on other people's diaries for the last few years it's time to start my own.

    I'd almost paid off my mortgage 4 years ago when I decided to move to somewhere a lot bigger and a lot more expensive. It was also a project. So for the last few years there have been no overpayments as everything has gone into savings for the next bit of work on the house.

    I remortgaged in August, reducing my payments by £200/month.

    I'm now preparing for the final (I hope!) phase of the renovation work, so while avoiding getting up and ready for work this morning I thought I'd check the overpayment calculator. If I increase my payments to what they were previously this will knock over 8 years off my mortgage.

    I'm not ready to start overpaying yet. I need to finish the essential work and build up some savings, but I hope that early next year I'll be in a position to start reducing my liabilities.

    So I thought I'd start a diary now, while I'm motivated, to record my progress in getting to the point of overpaying...
Page 1
    • Betterthanever
    • By Betterthanever 3rd Oct 17, 8:27 AM
    • 406 Posts
    • 2,187 Thanks
    Betterthanever
    • #2
    • 3rd Oct 17, 8:27 AM
    • #2
    • 3rd Oct 17, 8:27 AM
    knocking off 8 years will be a fantastic achievement. I look forward to following your journey!

    Current balance £114,744.64. Offset £2,151.73. £112,592.91 needed to be mortgage neutral!
    End date - 03/29 but aiming for 10/22

    Former DFW Nerd 230. Determined to be MF. Bring it on!
    • smallholdingsister
    • By smallholdingsister 3rd Oct 17, 10:38 AM
    • 3,557 Posts
    • 27,744 Thanks
    smallholdingsister
    • #3
    • 3rd Oct 17, 10:38 AM
    • #3
    • 3rd Oct 17, 10:38 AM
    Hi Greenbee! Woman who never makes a mistake never makes anything!
    • greenbee
    • By greenbee 3rd Oct 17, 10:41 AM
    • 12,254 Posts
    • 216,271 Thanks
    greenbee
    • #4
    • 3rd Oct 17, 10:41 AM
    • #4
    • 3rd Oct 17, 10:41 AM
    So thinking about progress so far. In 4 years I have (not all personally, mostly by paying other people):

    • Ripped out the stinky carpets and disgusting kitchen.
    • Taken down and logged 5 huge trees
    • Build the world's biggest log store...
    • Installed a new boiler (previous one was leaking oil and condemned) in the garage, new hot water tank (in cupboard on landing, freeing up airing cupboard in bathroom), new radiators downstairs and new bunded oil tank.
    • New consumer unit, and additional sockets in the office
    • Replaced 17 windows with new hardwood windows
    • Knocked through from dining room to kitchen
    • Put side door in garage
    • Redone downstairs loo (with new loo & basin)
    • Redone the lead on the roof
    • Bird-proofed (mostly) the roof
    • Put a cowl on the unused boiler chimney and an aspirator on the one I do use as it doesn't draw well
    • Removed all the disgusting insulation and dead mice and mouse poo from the attic and insulated it properly
    • Ripped out the 'champagne' coloured bathroom (no shower) and put in a lovely new bathroom
    • Replaced rotting garage doors
    • Painted all external woodwork
    • Replaced (and in some cases moved) radiators in all bedrooms, added sockets, insulated floors, put floorboards back down/replaced where damaged, filled HUGE amounts of holes/cracks in walls and redecorated including sanding and painting floors
    • Changed doorhandles on upstairs doors for doorknobs
    • Redone ensuite and added shower over bath (when I moved in there was NO shower)
    • Moved & replaced staircase and enlarged landing
    • Garage electrics
    • Put up trellis around sewage treatment system and built lots of pergolas/arches to break up garden. Dug new beds and started planting
    • Cat5 cabling as I'm fed up with flaky wifi when working

    So quite a lot really. I try not to think about how much it has cost...
    • greenbee
    • By greenbee 3rd Oct 17, 10:43 AM
    • 12,254 Posts
    • 216,271 Thanks
    greenbee
    • #5
    • 3rd Oct 17, 10:43 AM
    • #5
    • 3rd Oct 17, 10:43 AM
    Builders have been back over the last week or so doing snagging - filling the hole in the airing cupboard floor, refixing curtain poles & window catches, filling holes, repainting garage doors (apprentice failed to deal with the knotting properly when they went in) and have also removed the unwanted TV aerial from the chimney.

    I need to chase up a quote for sorting out the chimney and installing the woodstove, and extract a cost for the flooring and a start date for the next phase from the builders.

    This round is to do downstairs - chase in all the wires hanging from the ceilings, so all the filling (holes in ceilings from taking up/putting down floorboards), screed the floors as they're not level, decorate, put down flooring. Hopefully they'll get at least half the house down before Christmas. It would be nice to have the kitchen & utility done as far as we can too - so that when I finally get a kitchen it can be installed quickly. But we'll see how it goes!
    • greenbee
    • By greenbee 5th Oct 17, 4:02 PM
    • 12,254 Posts
    • 216,271 Thanks
    greenbee
    • #6
    • 5th Oct 17, 4:02 PM
    • #6
    • 5th Oct 17, 4:02 PM
    I now have someone booked to come and look at the chimney and quote for sorting it out and installing a stove.

    I've been very busy at work, so haven't made much progress on anything else, including chasing the builders for a date.
    • Slinky
    • By Slinky 5th Oct 17, 4:51 PM
    • 4,762 Posts
    • 20,773 Thanks
    Slinky
    • #7
    • 5th Oct 17, 4:51 PM
    • #7
    • 5th Oct 17, 4:51 PM
    And your attraction to this property in the first place was.............. :-)
    • greenbee
    • By greenbee 5th Oct 17, 7:34 PM
    • 12,254 Posts
    • 216,271 Thanks
    greenbee
    • #8
    • 5th Oct 17, 7:34 PM
    • #8
    • 5th Oct 17, 7:34 PM
    The potential, clearly
    • Slinky
    • By Slinky 5th Oct 17, 7:45 PM
    • 4,762 Posts
    • 20,773 Thanks
    Slinky
    • #9
    • 5th Oct 17, 7:45 PM
    • #9
    • 5th Oct 17, 7:45 PM
    Sounds like it would have been easier starting from scratch!
    • smallholdingsister
    • By smallholdingsister 6th Oct 17, 6:09 AM
    • 3,557 Posts
    • 27,744 Thanks
    smallholdingsister
    You wouldn't have the character if you started from scratch.
    • greenbee
    • By greenbee 7th Oct 17, 11:37 AM
    • 12,254 Posts
    • 216,271 Thanks
    greenbee
    I swear I replied to this yesterday, but lots of IT things went wrong so I guess the post went into the ether!

    Next house will either be a brand new eco build or a major eco-renovation. I want solar PV & thermal, airsource heat, rainwater harvesting, grey water recycling, passive house standards, smart home technology - and importantly to know that there are minimal running costs.

    Today I've moved all the delicate antique bits of glass from the corner cabinet in the dining room to various shelves in my bathroom and bedroom. There's still a lot of china and glass to pack up in the dining room, but that's the bulk of the stuff I'd worry about.

    6 shot glasses are in the pile for the CS along with 5 non-matching bowls and 6 random plates.

    As it's not very nice outside (or at least, not nice enough for me to feel like going outside and doing the deadheading I really do need to do...) I'm going to attempt to get more stuff moved upstairs, so that it's only the things that need packing away that will have to be done at the last minute. I don't yet have a start date, so I'm reluctant to put too much away when it'll mean living in empty rooms for longer than necessary. I find them depressing.
    • beanielou
    • By beanielou 7th Oct 17, 10:01 PM
    • 49,035 Posts
    • 182,071 Thanks
    beanielou
    Happy shiny new diary
    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***
    • greenbee
    • By greenbee 7th Oct 17, 10:30 PM
    • 12,254 Posts
    • 216,271 Thanks
    greenbee
    Thanks beanie

    I've done lots of putting away today. My bedroom is full of glass. Did the 'indoor gardening' and a few houseplants have been binned. The others have been given a reprieve but I'm not sure how much longer they'll survive mistreatment.

    Did a bit of outdoor gardening - deadheading and cutting back. Two more bags of garden waste in the queue to go. And a vase of roses indoors which smell fabulous.

    Overall rather too much lying around not doing much and eating... but a late night walk has offset some of the overindulgence. I'm supposed to be on a 1000 calorie per day deficit but have only just managed to break even today. I was going to reduce it to 500, but I given today's performance I think I need another week of trying hard!
    • greenbee
    • By greenbee 20th Oct 17, 10:23 AM
    • 12,254 Posts
    • 216,271 Thanks
    greenbee
    Haven't been here for a long time... and haven't made much progress. I've moved a few bits and pieces, packed up some boxes but as the builders still haven't given me a date or a schedule I'm not doing too much or I'll be living in a building site without the building going on...

    I have had one quote for installing a stove, so am now ringing round to get others as it was about twice what I was expecting. Plus despite being told to contact me email, they kept ringing me with queries, which isn't helpful when you work from home.

    I've also managed to book my boiler service - I keep meaning to move it to the summer but then putting it off. However, it is now in the diary.

    I took advantage of Hurricane Ophelia to get my brother over here and take down the trampoline, which is now at his house (probably still in bits) and he has brought the greehouse frame, door, window and one pane of glass over. I need to order all the rest of the bits I need to put it back together, and then work out how I will fix it to the base.

    Given the wind today, I think I should probably chase the tree surgeon as well.
    • beanielou
    • By beanielou 21st Oct 17, 11:32 AM
    • 49,035 Posts
    • 182,071 Thanks
    beanielou
    Enjoy your weekend
    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 21st Oct 17, 1:05 PM
    • 3,557 Posts
    • 27,744 Thanks
    smallholdingsister
    A 1000 calorie a day deficit???!!!
    • michelle09
    • By michelle09 21st Oct 17, 1:14 PM
    • 460 Posts
    • 1,807 Thanks
    michelle09
    Hi greenbee, nice to see someone else who bought a home with 'potential'. I think it's better not to think about the cost (OH came out with 'oh we put about 20k in repairs' to someone last week. I laughed.)

    Sounds like it will be wonderful when it's done though, and 8 years is a huge amount to knock off!
    • greenbee
    • By greenbee 21st Oct 17, 3:45 PM
    • 12,254 Posts
    • 216,271 Thanks
    greenbee
    A 1000 calorie a day deficit???!!!
    Originally posted by smallholdingsister
    Yep. Easy when I get plenty of exercise. Not so good when I sit on my bum all day. It seems to be working (I'm hiding from my GP until I've lost the weight I was supposed to have lost ages ago...), but actually the fitness and body fat percentages are more important.

    Hi greenbee, nice to see someone else who bought a home with 'potential'. I think it's better not to think about the cost (OH came out with 'oh we put about 20k in repairs' to someone last week. I laughed.)

    Sounds like it will be wonderful when it's done though, and 8 years is a huge amount to knock off!
    Originally posted by michelle09
    Definitely best not to add it up... it's one thing if you're doing up something as an investment and need to manage it as a project with a budget. But when it's your home, it tends to evolve.

    Chimney man came round this morning, so hopefully I'll get a quote for doing the chimney and fitting a stove. I need to go to a showroom at some point too... Hopefully I can get the builders to cut some of the marble or granite that my brother and I have spare from other projects for the hearth, which should save a bit of money. Most people seem to offer slate, which I don't like because it marks easily. Plus I don't see why I should buy it if I already have something I can use...

    Enjoy your weekend
    Originally posted by beanielou
    Thanks Beanie! You too.

    Weather is windy and wet and changeable, so I'm listening to the radio (Philip Pullman's new book) and cooking. I've just made vast amounts of red cabbage slaw, next up is a fish curry (I really should make these things when I can open all the windows!), and then possibly some more soup.
    • greenbee
    • By greenbee 23rd Oct 17, 11:53 AM
    • 12,254 Posts
    • 216,271 Thanks
    greenbee
    Called the electrician this morning (after paying his bill) and asked him to price up the outstanding work and let me have some potential dates for finishing off. He tells me that the builder is intending to be here in November, but I pointed out that I haven't been told that, so I'm going ahead and organising things myself. I suspect he might galvanise the builder into action...

    Once I have dates from the electrician I'll start working other things out. I saw friends yesterday and they have the name of someone who can screed the floor and are also able to order flooring and underlay at cost price for me. If I measure the rooms they'll also work out how much I need including wastage.

    So all I'll need to find then is a decorator (filling and painting) and someone to lay the flooring, block up a doorway, and sort out the doors. ALthough there is a bit of ceiling to sort out and some boxing in of pipes to do as well. I'm trying not to think of things that might complicate it. I just want it done...
    • Secret Saving Squirrel
    • By Secret Saving Squirrel 23rd Oct 17, 12:37 PM
    • 3,938 Posts
    • 36,308 Thanks
    Secret Saving Squirrel
    Organising tradespeople is a real challenge. Well done for having achieved so much so far!
    Paid off mortgage nine years early in 2013. Now picking and choosing our work to fit in with the rest of our lives!
    Still thrifty though, after all these years
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