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Healthy, wealthy and wise! MF in 10.
Hi, I originally joined in 2008, when I was made redundant, during the financial crisis, from a well-paying job that I loved. MSE posters helped me immeasurably to adopt frugal ways and attain debt free status. The ensuing years have been eventful with many ups and downs, but I am grateful to be here and realise that DH…
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The 'scenic route' to mortgage freedom...
After a break of several years I'm back on MSE. I need a diary for day-to-day financial accountability in order to help us achieve our longer term goals and dreams. My last diary really helped us get our of debt and raise money for home improvements at a time when we were struggling financially, and whilst we have moved on…
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£30,000 in one year ...One big push
I am going all out to pay off my mortgage in 2023 ..The target is £30,000..I am looking forward to getting started , so many people on here have helped to keep me motivated and consistent over the last few years and if it wasnt for this forum i definitely would not be in this position now .I am very grateful
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Overpayment timing
I have a chunk of money I could use to overpay in our mortgage with Leeds BS. Our mortgage anniversary is March by which point there will be 3 years left of our 5 year fix at 1.84%. Currently I'm saving money in a stocks and shares ISA in which I have up to now been saving far more than the average fixed saving account. So…
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Mortgage free with speed.
Hello anyone willing to read, I got my my first mortgage for £85k last year around may after buying my first flat which is a lease hold for another 95 years. 3.08% is my fixed rate until late 2027. The term is a 30 year mortgage with 28 years and 8 months to go. After making regular payments for a whole year I noticed it…
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Selling assets and porting the mortgage
Hello , so I currently own two properties one is with Santander valued at 8 8, 000 with 4 4, 000 left on the Mortgage. The Mortgage is at 4.2% and fixed for the next 4 1/2 years. Currently my daughter lives in the property and it’s on a consent to let. She will finish university in June at which point the house becomes…
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Repay Mortgage or Invest
I have a £46K mortgage presently paying £245 pm @ 1.69%. My mortgage fixed rate expires May 2026. I have an inheritance of £120 due. Should I repay my Mortgage or Invest @ 5.6 %
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Cottage Countdown
I stumbled upon this forum a while back and was so excited to read about other people's mortgage-free journeys. Strangely enough, I haven't been able to find a similar forum based in the US no matter how much I've searched. I'm not sure if that's a sad commentary on the state of affairs of my fellow Americans, but I…
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Detailed mortgage overpayment calculator
Hi all, I'm on a mission to reduce and ultimately pay off my mortgage and have been regularly overpaying the 10% for the last few years. I want to really go for it these next few years to try and get it paid off by the end of the 5 year fixed rate I have which will end July 2027 (just got in in time to get a decent rate…
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Mortgage for a boat
So i own a house but after the last year getting fed up with it any one know how easy it is to just sell your house and move and by one how would you get a mortgage if needed and could anyone recommend one if did got a solicitor using same one as did GD Property Solicitors for the sale just need some advice on the getting
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Mortgage paid :)
Hello, apologies in advance if this question has already been posted. I have recently paid off my mortgage. What do I need to do now? I have contacted the Land Registry for the deeds - which I need to pay for. But is this it? and do i need the deeds now? thank you Miguel
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The 'Mortgage Free in 2030' Club
Welcome to the thread for all those MFW's aiming to get MF in 2030. This is a place for us to chat to people working to be MF around the same time. We can help each other to celebrate each OP no matter how big or small and applaud each other as we become MF. If you want to be added to the members list just post your…
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The impossible dream
Hello everyone. I am new to the forum, but have been reading for several years. It has been a help and inspiration, but I have never felt the need to get involved until today. I have been financially aware for many years and now have set a goal which I know I cannot achieve. My aim is to be mortgage free within 2 years. It…
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Climbing hills
Right, here I am all raring to go. About to get my mortgage for our next house. Slowly moving up the ladder but I feel like I'm coming to this a bit later in life than some others - I'll be 40 next birthday and want to be MF by the time fifty hits. I didn't leave Uni until I was 25 and didn't buy my first property till I…
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Single Overpayment or Fixed Rate Savings First
Hi, I've come into some inheritance and plan to use it to reduce our mortgage, however I'm trying to work out the best time to do this and if I should put it into a savings account first. We're on a tracker mortgage (thanks to the mortgage adviser claiming they couldn't see interest rates continuing to rise in April) and…
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Mortgage option for paying off
I owe just over £4000 on my mortgage with minimum subscription of £311 I have been paying . £750 per month. If I got a 0% credit card will the Platform my allow me to pay it off with a credit card
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To pay off mortgage or save deposit for house
Hello I bought a small leasehold 5 years back. My mortgage ends in 2026 with current rate of 1.72% fixed. I just checked now its insane nearing 7%!!!! i'm actually a little scared about how much it will be when i come to remortgage. I'm wasnt looking to sell because rental yield is O.K but only because of such low rate. It…
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Prosperous soul, mortgage neutrality & creativity Year 2
A year ago I'd just got divorced and was about to take on my biggest mortgage ever at £202K over 22 years. I was terrified I wouldn't make it. I'd had a long history of repeated debt cycles the worst peaking at £70K at the end of 2016 which I'd got down to £1,479 in November 2021 but feared I'd never be free. Thanks to…
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Mortgage free… la belle vie!
Hello everyone, I love reading the diaries on here & the debt free wannabe boards and am in awe of the journeys undertaken and the sheer longevity of some of the diaries! I have decided that a diary might be a healthy outlet for my money and budgeting fixation - so I’m taking the leap! I turned 29 this month and would love…
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How much are your monthly outgoings?
Hello all, I'm looking to move into a new build and will have 20% morgage to pay. I've done a budget planner to see how much I'd spend per month and therefore what's left over to pump into paying off the mortgage. I am curious as to how much others spend monthly on average, I appreciate it will vary WILDLY from family to…
