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How to post a link to your diary from within another post??
Can anyone tell me how I can do this? Cheers QB
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PurpleJay's Journey to be Morgage Free by 50
Edited to say after a brief start in Feb 11 and a 2 year gap, I have resumed my Mortgage Free Diary! I promise I will try harder to stick with it this time :) Feb 2011 Hi All I have been reading some of your diary's and am now super motivated to have a bash at becoming mortgage free. I borrowed £80,000 about 18 months ago…
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Where do I start? - Advice please!
Hi all, I have been a lurker for a while and have been really motivated reading all your posts. I'd like someone to point me in the right direction, at the moment I have a 215k mortgage over 30 years, I am 5 years into it. Its tracker rate of 2.68% at the moment, monthly repayments are €806. I love the idea of being able…
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Yet another new 2011 dairy
OK this is it - Ready to go for it now !! Have signed up to the 2011 MFW thread and officially now known as No. 58. Bit of background to our quest to be MF. We are a family of four - Me(Newly moneywise, planner and sometimes dreamer), DW (Practical, realistic and voice of reason), DS (16) & DD (14). Having gotten in big…
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Advice on 100% mortgages!??
I currently have a 100% mortgage, interest only on my house. I have recently come to the end of my fixed rate agreement and feel as though I am trapped with my current mortgage company, Accord Mortgages? I do not have a deposit to put down so I am unable to look at anything less than a 100%. I am currently on the SVR which…
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SeriouslySeekingtoSave strongly strides straight into slaying her mortgage!
I’ve been a lurker in these forums for a fair while now but I’m just now getting into gear to get fully involved; I want to support others and get the motivation to keep to my goals and really improve how I deal with money. So about me and my current financial status – a novel follows… I bought my very first place at the…
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5 years on and I am nearly there!
When I was trying to claw my way onto the property ladder back in 2006 aged only 24, I used this website to learn about mortgages - tracker, fixed, interest only etc. At that time I had no clue about mortgage products. I also came accross this forum back then and read about people trying to become mortgage free! It…
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I know I really should but....
I can pay a lump off the mortgage this Jan and have done for the last 5 years but soon the rate will be so low it wont be worth doing as the interest is better in a savings account when we move from fixed to tracker in March. Thing is I cant help myself wanting to pay the lump off of the mortgage! Its a bit mad really as I…
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The Mortgage Free Weight Loss Challenge Part Deux - Slimmer than ever!
Happy 2011 everyone Follwing requests from the amazing TPA who did us proud last year we are proud to present this years 2011 MFW weight loss challenge :D Lets loose pounds and pounds ;) List yourselves and I'll update as much as possible I have plenty of time at the moment so may as well put it to good use :D Name /…
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How much can I pay off in 2011...
the target is £55000 although we should be able to pay off just above £60000!:j If we keep up overpayments our mortgage should be paid before the Olympics start I started a previous thread but seem to have lost it and with a new year I though I deserved a shiny new thread where I can keep track of my overpayments. I've…
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Mortgage free in 5-7 years time hopefully!
My wife and I were lucky enough to get on a 0.48% above base rate term tracker a few years back and so are currently overpaying like crazy to get our mortgage down a bit. Initially took out mortgage in May 2006 for £140000 and now in Jan 2011, we have got it down to £99000. In the last 12 months, we've paid off £15k and so…
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Nearing the end
We are due to be mf in june 2013, we have a £23k interest only mortgage @ 5.95% which will be more than covered by endowments maturing march 2011 and november 2012. Mortgage documents show we are limited to overpayments of £500/month and can incur a max early repayment fee of £750. I feel we should try and pay it off as…
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My "Tighten your belts, cats, we're going to reduce our mortgage!" diary
OK. I wasn't going to bother, but having enjoyed reading so many threads on here, have decided to do my own diary. It might help someone somewhere...!:o I'm single, have a comfortable but not huge salary and in Feb 2010 moved into a new house, :j taking up a mortgage of £130K over 23 1/2 years. I'm on a special discount…
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Really stupid question - possibly
Hi all Our fixed mortgage gives the option to overpay 10% each January. First time we've been able to do it and I've got everything in place BUT - who do I make the cheque payable to?! Mortgage is set up with A&L, which is of course now Santander. Is that a really dumb question?
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OK here we go again - 2011 is our year!!!
Hello again everyone. Well I'm back and this year I really mean business. 2011 is the year which will see me make big changes in order to help OH pay off our mortgage quicker. (No really I mean it this time!!!) OK here's my goals for this year:- 1. Stop spending large amounts of money on crafting items (in the past I have…
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Pay off mortgage or save
I am fortunately in the position to pay a little extra off our mortgage each month, (as we currently have a tracker mortgage)which i would love to do to get the mortgage paid off as quickly as poss and save lots of money, however my husband thinks we should save it, as we would like to move house in a few years time. He…
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Is it worth overpaying?
My morgage is very high in interest, like 9%:eek: So will adding the odd bit extra save me much? Also, I'm out of work so I cant remorgage as I wouldnt have wage slips etc to show. Should I be able to switch to another product with the same bank at a lower interest rate? If I make overpayments and its a repayment morgage…
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Does it matter when in the month you overpay?
My mortgage interest is added to the mortgage at the end of the month. I make an overpayment at the beginning of the month when I pay my dd. Does this make any difference when I overpay?
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Oasisfeverish - The journey begins to freedom.
Hi and a Happy New Year to all. The journey begins........ Like many others, who have a LBM, it's time to do something about it. Being that it is 1/1/11, I thought as good a day as any to start making a change in our lifestyle. Our aim is to pay off as much of possible of the mortgage by OPs. Our background is, there is…
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Zeddy's MFW diary
Hi Everyone and a Happy New Year to you all. Firstly, apologies on the uninspiring name to this thread, but everything I tried seemed too corny or a copy of someone elses, so I've gone for a 'what it does on the tin' approach! Secondly, here's a brief intro: We, (MrZ, MissZ and me) are due to move house in January, so far…
