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Pay Off Your Mortgage In Two Years Blog Discussion

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Comments

  • looneyleo
    looneyleo Posts: 516 Forumite
    Sorry to be a pain...can't seem to find out when the next show is on...been on the BBC website and it isn't listed....can anyone enlighten me!!!
  • "One hundred years from now, it will not matter what my bank account was, how big my house was, or what kind of car I drove. But the world may be a little better, because I was important in the life of a child."
  • caseys
    caseys Posts: 28 Forumite
    I have just received a call from the BBC and they are so pleased with the series that from next week February 1st the programme will be shown at 8pm instead of 7.30pm. Still on BBC2 of course.

    Sean

  • Thanks... wouldn't let me go that far ahead when I checked!
  • caseys wrote:
    I have just received a call from the BBC and they are so pleased with the series that from next week February 1st the programme will be shown at 8pm instead of 7.30pm. Still on BBC2 of course.

    Sean

    Nooooooooooo...I put off going down the pub till 8:30 now so I can watch it, but now i will not get there till even later; going down the pub at 9:00. I will have to buy something to record it on.
  • looneyleo wrote:
    Sorry to be a pain...can't seem to find out when the next show is on...been on the BBC website and it isn't listed....can anyone enlighten me!!!

    If you're in Scotland, it seems to be on on different days and later than in England - for example last night, we just saw no. 2 in the series.

    I haven't been able to work on when no. 3 is on, but will check out the BBC website at the start of next week.

    Lovin' it though!

    Valentine xxx
  • david69_2
    david69_2 Posts: 580 Forumite
    just to let people know if you do miss it you can watch it on catch up tv if you have freeview ,cable or sky just press your red button on your remote and you will find it .
  • I can't believe it! In Northern Ireland we have The Scottish Fiddle Orchestra In Belfast! I know its Burns nite but i wanta see Pay off your mortgage in two years!!!
    Still, more time MSE....
    planing for the future, living for today ;)
  • temba
    temba Posts: 320 Forumite
    I have just watched tonight's program, and I have to say I don't really get this program. I really really like the concept, and the inspiring money saving ideas in the first series, but the follow up programs don't really seem to work for me.

    For example: in tonight's program the couple's joint income was something like 32K, making it look as if a 100k mortgage was a massive challenge involving a huge leap in income. Now don't get me wrong, I think the couple did really really well and worked really hard, but 50K of the mortgage payments came from commissions from the man's normal day job, and that was including a bad few months. Therefore, the 32K income figure really is a bit misleading, and it seems that they had the potential to pay off a massive percentage of their mortgage, just with their normal income.

    Where did they get the money to invest in the business ideas, such as buying another house, paying designers for websites, employing a business partner for the lady's business, paying for trips to Bulgaria and stands at dog shows. I really wish this sort of thing had been covered. Did they have savings to start with, or did they have to take out an extra mortgage? Also, you can never count on profit until you actually see the money, and in the case of the Bulgarian property, Rene was talking about it as if it was a success, when even at the end of the program it had not been fully completed, let alone sold or rented. A valuation is only ever a guide, not a guarantee of profit.

    Also they did really well at overpaying (13K a year if I remember correctly), but was this because they earn so much more than their basic mortgage payment actually is, or because they cut back? It really would have been handy to have actual figures in a program like this.

    I wish there had been a bit more advice from the financial advisor presenter, he hardly said anything actually, and the program was a bit like watching a couple finding their feet in a business world they know little about.

    Having said all of that, my criticism is of the program and not the couple, who did work hard and whose commitment and energy was inspiring.
    [SIZE=-4]MF date: Dec [STRIKE]2028[/STRIKE] 2019. Overpayments in 2007=£900, 2008=£1200 2009=23400[/SIZE]
  • pingua
    pingua Posts: 1,671 Forumite
    I totally agree with what you have said. I find it frustrating really.

    And they did not even appear happy at the end!!
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