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1% MF challenge
Welcome to the 1% MF challenge. Your mission, should you choose to accept it, is to try and clear an extra 1% off of your mortgage in 2022. Why 1%? When faced with a debt that ends in several 000s, overpayments can feel like a drop in the ocean. Maybe you've been OPing for a while and feel like there is little left to…
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I dream of a MF home for my plants
I’m starting myself a diary here after spending the last few days reading and lurking on the site. I used to have a diary over on debt free wannabe many years ago that was super helpful in getting my debt paid off. I can’t remember my old log in so am starting afresh. I have 12.5 years left on the mortgage - it’s split…
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House Renovated now to Over Pay
So I've finally finished the major renovations and paid off all debts apart from the Mortgage, so now it's time to tame the mortgage beast. I currently have around 21 years left with £153k at a rate of 2.19%, around 4 years left on my fixed mortgage product. For the last 6 months I have been OP around £200 a month, my aim…
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Mortgage free ASAP
Hi everyone :wave: I've decided that starting a diary will help keep me on the straight and narrow and give me a place to think out loud and to remind me of my plans. I've lived in my home since August 2014 with my DS. My current mortgage balance is approx £48270. I OP £100pm which brings my MFD to 2033 (from 2049 :eek:).…
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Mortgage free in 4 years
Hi All, I have been reading these diaries for a while, I never really post anything, but it helps keep me to my journey as nobody in real life seems to be on the same path. When I tell people I am overpaying my mortgage they ask why? lol I took this mortgage in 2016 (£310k) and the interest just got lower and lower over…
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Mortgage free dreamer
Hi All, I've often visit the forums and dream of being mortgage free before I am 40-45, over the last few years I've really concentrated my efforts on clearing what little debt we have an focus on overpaying as much as I can. Bit of background - I'm 32, earn approx £30k p/a (full time) OH - Also 32, earns approx £11k p/a…
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Powers’s mortgage free thread
Hi everyone, I’ve been reading lots of MFW diaries and wanted to start my own, sorry it’s going to be long! background: met a nice man with a not so nice house that he still owned with his ex wife and was in negative equity. Eventually remortgaged it together in May 2017 with a mortgage of £68k. We’ve made some…
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Ten Year Countdown
I got my first mortgage in September, £162,000 over 20 years at 4.84%, fixed until April 2029. Ten years because....hubby reaches SPA then and I am hoping to be in a position to work less and spend some of his retirement with him. A lot can happen in ten years, it's likely that my dog will be no more :'( and I may have…
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Saving, Living, and Ditching the Mortgage
Hey everyone! Long time lurker. At my lowest I was here reading the SLLM posts hoping one day I will have my own mortgage and staying strong letting money sit and grow. These days I have my own mortgage on a lovely flat in a lovely city, almost half way through my 5yr fix now. Want to tackle the mortgage but hardly have…
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MF by Christmas 2024 - let's do this!
Hi everyone, I’m taking the plunge and starting a MF diary as DH and I
want rid of the millstone around our necks. We both work full time and are currently supporting DS2 who
is in year 2 at uni. DD finished uni in the Summer and has a temp job so we aren’t
charging her rent atm. DS1 lives with his GF so they are…
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The Unexpected Mortgage-Free Wannabe
The title of this diary may make no sense to you, so let me explain… I’ve lived in my current house on and off for the last 35 and a half years, since just before I turned two years old. My Dad passed in 2012 so I had been living here with my Mum and my eldest brother (DB1), up until August 2024. At the end of August, my…
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That 25 year interest-only mortgage...
It's not seeming such a good idea over 21 years on! 21 years ago DH and I moved in together and rented out my old flat. Two kids later, one now a teenager, and DH retiring, we realise we forgot to pay it off .. and we'll have much less of a choice if we remortgage while he's retired. So we have a bit more than 3 years to…
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Mortgage overpayment
Hi all, I’m sure this has been asked many times, but I’ve searched the forum and can’t find anything. For about 10 months or so we’ve been overpaying on our mortgage to the tune of about double. I noticed the overpayment detail on my account recently and we’ve only been reducing the balance and keeping the term, as opposed…
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Download title deeds after update, is it immediate or do I have to wait?
Hi, Two days ago I repayed the mortgage and now I've received the alert of activity from the Land Registry. If I download the title today will it contain the removal of the charge or do I have to wait a few more days? The alert reads "activity", not "update".
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SLLM (Single Lady Large Mortgage)
Hello all SLLM - single ladies with large mortgages or single ladies who have previously had large mortgages or single laddies in the process of getting a large mortgage! So if you are a lady and own your own house then yes this is for you. Yes I could not resist it any longer. Ladies large mortgage is a loose term so if…
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Settlement before or after the last installment?
Hi, I'll close the mortgage on the 24th of June with a final overpayment. I have the feeling that the settlement preview that I'm seeing isn't taking the last installment into account. Is it better to ask it after the last installment? Thanks
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Interest and extending term of mortgage
Please can somebody help with a something I am struggling to
get my head around?! I am due to remortgage at the beginning of 2026. I'm currently
considering a 2 year fix. My current mortgage has a low rate of 1.33% and has a term of 13
years left to run (and I have about £190,000 left to pay). I have also been saving funds…
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Don't want to do this job for ever
So I am a couple of months into having my mortgage now and on the whole really like my house and realistically wouldn't need to move for many many years. I don't enjoy my job however and at the age of 35 don't want to be doing it for the rest of my working life. So the plan is to pay off this house whilst still having a…
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Snug & Sorted: Our Race to Mortgage Freedom
Hello - welcome to my shiny new diary! I've refreshed this first post as of March 2025. Timeline so far: * First home in 2017, paid down mortgage from 228k 169k, thanks to the lovely support from people here and keeping up with a diary * Moved into forever home early 2024, mortgage now £295k!!!! * Lost any momentum over…
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Lumiona's MFW Diary
As a forum lurker, I'm not a threadstarter but I figured like many of you that a diary is a good accountability method. Ok so here goes: Backstory, we moved to our current house in 2006, bought for £178k mortgaged at £130k for 30yrs. Interest rates were high monthly payment about £750, went up to nearly £900 at one stage.…
