morgage free tommorow !

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Bella79
Bella79 Posts: 1,197 Forumite
First Post First Anniversary Combo Breaker I've been Money Tipped!
in Mortgage-free wannabe
Hi all

As from tommorow we will be morg free ! yayyyyy , Ok weve sold our big house and brought a smaller ex pit home but im so happy no more financial chains
Good look to all who are doing extra to pay theres off :money:
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  • poppyoscar_3
    poppyoscar_3 Posts: 1,566 Forumite
    Mortgage-free Glee!
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    Well done! I aspire to be you!

    PO xx
    :D2010 MFW Challenge No. 112 Mortgage paid in full 27/08/10 I was MF!!!:D
    But now I'm not - (Joint) Mortgage £104704.
    New MFW target £5000 overpayments by 31/12/2105 £400/£5000 = 8%
    SAVINGS TARGET - £25000 by 31/12/2015 £13643/£25000 = 55%
    No 17 Lewis Lane
  • wymondham
    wymondham Posts: 6,354 Forumite
    First Anniversary First Post Photogenic Mortgage-free Glee!
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    Well done :beer:
  • hassie
    hassie Posts: 124 Forumite
    First Anniversary Combo Breaker
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    nice one,we finished our mortgage earlier this year .Enjoy the extra money wisely !!!!!!!!!!!!!! Have some good holidays etc regards:T
  • tesspip
    tesspip Posts: 16 Forumite
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    CONGRATULATIONS! I hope to be in your shoes one of these days. Down-sizing has to be one of the best mortgage shrinking options, if practical. What's an "ex pit home"? Do you mean ex council?

    Ours is ex council - which is another great tip for cheaper housing. People can be really snobby about living in a road with socially-housed people, so you can save 1000's. If we had chosen a comparable house in a private road in the area it could have cost us 10-20k more (it's quite a "desirable" area)!! As it is I prefer where we are coz it's nearer the bus stops (no car) and our neighbours are lovely families.
    Initial mortgage: £77500 over 25yrs wef Apr 2006
    Now: £72800

    Just started o/pmts of £94pcm (max allowed) until 2011 when fixed period over...

    Want to be mortgage-free by 2022 (or sooner)!
  • abouttimetoo
    abouttimetoo Posts: 1,860 Forumite
    First Anniversary Combo Breaker
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    yay! That's great news, well done you :T

    Can't wait for it to be me!
    MFW Start Date 1.4.08. Updated 23.1.18. MFW date 1.8.18
    Original Mortgage o/s £187,643 / £71,904 (-115,739)
    Repay o/s £92,661 / now £55,900 (-36,761)
    Int Only o/s £94,982, now £16,004 (-78,978)
    Total daily interest £1 [a) £0.77 b)£0.23
    Total OP's:2018 target £TBC YTD £1,995
  • fluffysox
    fluffysox Posts: 1,060 Forumite
    First Anniversary Combo Breaker First Post
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    Congratulations :)
    2016 MFW OPd £2000, 2015 MFW OPd 3000 then bought new bigger house with bigger mortgage.
    MFW OPd 2014 £2000 2013 £9700 2012 £2848.39 2011 £2509.58 2010 £11000 2009 £112002008 £4939 :D
    Beautiful boys born May 2011 and October 2013 :)
  • george_jetson
    george_jetson Posts: 160 Forumite
    Name Dropper First Post First Anniversary Combo Breaker
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    Congratulations - it's a wonderful feeling :D
    MFW Challenge: Mortgage free in 2008! ACHIEVED! :D
  • Sagz_2
    Sagz_2 Posts: 6,251 Forumite
    First Anniversary Combo Breaker First Post
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    Many Congratulations!
    I've still got 17 years to go....

    (ex-pit as in coal pit I think Tesspip)
    Some days you're the dog..... most days you're the tree! :D
  • tesspip
    tesspip Posts: 16 Forumite
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    Thanks norbertsmum; quite obvious really! In our area there are lots of railway-workers homes from back in the steam days; they tended to be council & some still are. Most are quite small terraces, but very conveniently placed though. Ironically the prices seem to be rising due to rich commuters needing a "bi-jou pied-a-terre"...

    ...anyway, I shouldn't talk about houseprices, it probably makes the "credit crunch" worse or something.

    Teresa
    Initial mortgage: £77500 over 25yrs wef Apr 2006
    Now: £72800

    Just started o/pmts of £94pcm (max allowed) until 2011 when fixed period over...

    Want to be mortgage-free by 2022 (or sooner)!
  • PsychoPrincess
    PsychoPrincess Posts: 28 Forumite
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    Well done, that's great news!
    MFW - £59,536 outstanding 31 December 2007
    Current balance £56,835.74
    1st OP 28 July 08 - 7 OPs so far - Total OPs £1,460
    Original End Date 15 Sep 28 - New End Date 15 Nov 27
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