We’d like to remind Forumites to please avoid political debate on the Forum.
📨
Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Mortgage-free wannabe
Archives for June 2020
Discussion List
It will be a marathon not a sprint - but still a MF Wannabe!
So, I started a MFW diary 3 years ago and it seems I managed two posts and that was it! So why try again now? - well, we are just waiting for the paperwork to come through for our remortgage (our 5 yr fixed finishes this month) and given lockdown etc it's given me the time to play around with some numbers and think about…
Mortgage free by 2030!
Had a diary on here years ago which helped me to become debt free. Unfortunately I’ve not been able to reset my password so the old me (copperjar) has become griffinsaver. And that’s not the only thing that has changed. Once I became debt free, I started to live my life. Got a good promotion at work, started going on…
Length of Mortgage
Hello Our current 3 year fixed term ends in September so we are looking at new rates. Our old rate was 1.94%. The mortgage term was 30 year, so we now have 27 years remaining - If we get a new deal, what is more cost effective over time - is it best to keep a 27 year term, and pay overpayments, or switch to a lower term of…
Is buying a house or flat possible for self employed?
I'm in a bit of a dilemma in life and I'll try and keep this as short as possible. Due to an ongoing injury much of my employment over the last few years has been part time (PAYE) . I'm also self employed but profits have been minimal for the last 3 years. I've been working towards learning a new craft and feel confident…
The time has come...to get the mortgage under £100k
Hello all, I used to have a diary under my old username of 'thewalrussaid' but I lost that during the forum switchover when I couldn't remember the relevant email address :'( So, I am starting a new diary. Despite some misfortunes (OH losing his job twice) and fortunes (being gifted some cash), we have brought the mortgage…
What to pay off first Interest only or repayment portion of mortgage
Hi we have a mortgage with Barclays - if has it been impossible to contact them over the last few days to speak to their mortgage team. We have £98 k on repayment and £392k on interest only - both on same interest rate We have a lump sum to pay into the account of 40K (which we have a latitude to do) However we are going…
Twenty-something's aim to be mortgage free
Hi all! I've been lurking around this forum for quite some time but have put off creating a diary of my own because I wasn't feeling confident enough to do it. But here we go anyway! I'm a 28 year old on the south coast, my partner and I bought our first home (a lovely 3 bed flat) in December 2019 with a mortgage of…
Overpayments
Hi All. I wondered if you could help me with a question? I've got a fixed rate Nationwide repayment mortgage. I've been overpaying £266 a month since March 2019. Then I missed one, so paid double the amount the following month. So have now received a letter about the £532 payment, reducing the term. I wasn't really aware…
Final mortgage payment
Hello all! So today I have made my final mortgage payment and I am going to pay the balance off with savings. My mortgage is through Barclays and they have taken the final payment, however when I go to the mortgage settlement amount it does not take into account the payment i have made today? Does anyone know how long it…
Halifax Overpayments
Morning For the last 6 months or so I have been making small overpayments on my Halifax mortgage via online banking. Do I need to contact Halifax to specify that I would like the overpayments to reduce the term of the mortgage? Since beginning making the overpayments they add upto over 1 months repayment, or 2 months worth…
Confirm your email address to Create Threads and Reply
Is this how you want to be seen?
We see you are using a default avatar. It takes only a few seconds to pick a picture.
