-
Time to stop procrastinating!
Afternoon All, I hope you don't mind me joining on this thread. A little about me, first marriage 1992 - 2005, second marriage 2010 and going strong! :D . 2 adult children, eldest DD 20 and in second year of Uni and youngest DD 18 just started an apprenticeship both of whom still live at home but eldest DD leaving in…
-
Parking Eye £100 Fine - Welcome Break Warwick South
Hi All, Surprised to get this in the post yesterday - have done some googling and it looks like I can use lack of signage and identity of the owner as reasons to cancel this? can someone tell me if this is correct? Below is a photo of the exact spot where I parked (from 4:09am to 8:59am on 31/12/17 - I was driving from…
-
Jonny20222 diary to a MF life
Hello all Like many of the diary's I've read, I've floated around the forums for a while inspired by your stories and wanted to tell my own. Mainly to keep myself motivated and on track but also maybe a couple of you might find my story an inspiration in years to come. A tiny bit about me.. I'm 30 and live with my partner.…
-
A treehouse for the twins
I am so excited to write the first post of my mortgage-free diary! Some of you may have seen me around the MFW boards. I only post every now and then but reading the boards has become part of my daily routine and I am subscribed to many MFW diaries. I have wanted to start this journey even before we bought our first house…
-
2017 mfw
Welcome to the Mortgage Free Wannabe thread for 2017 :D Many thanks to Lomcevak for running the thread the past few years. I've blatantly stolen the starting post from 2016's thread. ;) Mortgages can seem so huge and long-lived that it often feels pointless to make over-payments - what's the point in paying £50 off a £100k…
-
South Coast Mortgage
I've recently discovered this site and this forum, a great source of inspiration and helpful to know I am not the only one with a large mortgage. I guess I am posting as I've spent the best part of a year saving for a move from the Midlands to the South, have now moved and am now somewhat freaked out by the amount of…
-
Mortgage-free for us 3
Hi all, I've been lurking on the forums for a few months now. I finally bit the bullet and made myself an account, but it's taken me a few days to get round to starting my MFW diary. I will post an SOA tomorrow or Saturday, depending on how busy my DD keeps me. :D For now, I'll start with a brief bit about myself and plans…
-
Something to aim for
Hi all, I've been a MFW for a while now, and often browse this board for inspiration. There are some v good ideas on here! I've been overpaying for years just by increasing my monthly DD, and have sometimes had an extra push to take more off the balance each month, but never sustained it. However, life has got complicated,…
-
New forever home, new focus!
Well, what a year it has been.....we sold my house to first time buyers eager to move in, so we moved into rented at the beginning of the summer. Our new house was scheduled to be finished in August so we put our stuff in storage, packed a suitcase of summer clothes and wished our purchasers all the best in their new…
-
The Smith Clan - Mortgage free in Germany
On and off I have been making attemps to trying to pay off the mortgage early. We kept falling off the bandwagon. I am getting frustrated with myself, as the mortgages and the renovation credits are the only "debts" we have. Mr. Egon76 is partly on board. He likes the idea of paying off the mortgage early - but doesn't…
-
How/when do you overpay?
All being well, we'll move into our first purchased home next month. We've got a 95% mortgage at a reasonable interest rate on a 5yr fix, and I'm already thinking about overpaying. In an ideal world, we'd like to get lower LTV when we remortgage in 5 years to get the best rate we can. We do need to build up savings (we…
-
Credit card or mortgage
I’m looking to purchase a house following the sale of our home which will have paid off our current mortgage . I will only need 10-20k to purchase the home I want, I would also like to pay this off as quickly as possible (3-4 years) My question is - am I better taking a small mortgage or putting it on a credit card with 0%…
-
Mortgage Meanderings
Hi everyone, I've been on this forum as a lurker for a long time...when I tried to register recently, my email was apparently already in use - when I eventually got into that account I had a 7-year membership award! No recollection of setting that up! I've decided to set up a diary to document my mortgage-free journey, as…
-
Mortgage free by 53
Post deleted.
-
5 years mortgage left.
We have about 15 grand to pay on our Nationwide variable 2.25% mortgage. I have about 10k in Santander savings 123 account. I have legal and general joint life insurance which is £12.66 a month. The question I am putting out is what are my best options to reduce the mortgage time as well as avoiding possible interest rate…
-
Single mum - sink or swim!
Hi everyone :hello: So firstly, thank you to everyone for posting your inspirational diaries! I've been lurking for a while and have loved popping in and reading your stories. I'm hoping that my own diary will help me stay focused and on track too :D I had a lightbulb moment earlier this year when I realised that my…
-
Unlimited overpayments
Hiya Which mortgage providers allow unlimited overpayments? I am currently with Post Office (Bank of Ireland) and I am limited to paying off 10% of my mortgage each year. I don't like it - ha ha! UC
-
On the road to freedom..
Hello everyone! I finally did it! After saving up for many years on my own, I finally have my own home. This has been a dream of mine for many many years. Just 8 years ago I was jobless, miserable, and in debt. I had a lightbulb moment and decided to change my life for the better. I got myself a good job, cleared all of my…
-
Goodbye Mortgage - the beginning of the end!
Hello! I've been lurking for a while and have finally plucked up the courage to start my own diary. My OH and I moved into our current house a few months ago (it doesn’t feel that long!) We bought it for £125,000 and we have a mortgage with Woolwich for £102,000. It's a 3 year fixed at 4.28%. The section of our keyfacts…
-
Pay off mortgage quicker or buy rental houses?
I’ve got to the point in my life where big expenses have been paid ( wedding etc) I now have a disposable income of approx 2k per month to use on whatever is financially best. I currently have a personal mortgage with an outstanding balance of 91k, I could pay 2k per month off this and be mortgage free in just over 5 years…
