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an extra £500 pcm ?

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  • mel19632
    mel19632 Posts: 647 Forumite
    What about taking in a lodger if you have space?
    Paying down the mortgage:
    At 1 October 2011: £226,000
    Currently: £224,499
    Aim: 85% LTV (£212,500)
    Paid £1,500
    Target remaining: 88.89%
  • edinburgher
    edinburgher Posts: 13,842 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    am_smiling wrote: »
    I have looked at the GIOL board but not read it through - am trying to gather the guts to try it. Would love to get a few hundred a month.

    Well, I look forward to seeing you in the newcomers thread (and doodledo, if she gives it a shot!) I'll be trying this in the new year once I pay for all my Christmas expenses. It looks fairly technical, but luckily I have a good head for figures these days :money:
  • doodledo_2
    doodledo_2 Posts: 4,676 Forumite
    Edinburger- maybe it should be my new years resolution to jump in. Believe it or not I am a performance analyst so deal will figures all day :rotfl:
    Proud to be dealing with my debts - DFW No: 712

    03/09/09 - DEBT FREE AT LAST :D
    Racing Hypno to Save - £10/£5000
  • edinburgher
    edinburgher Posts: 13,842 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    doodledo wrote: »
    Edinburger- maybe it should be my new years resolution to jump in. Believe it or not I am a performance analyst so deal will figures all day :rotfl:

    Sounds complicated :eek: Here was me thinking I'd cornered the very specific job market in 'business information'!

    *Edit: I'm not sure if gambling more is a good new years resolution :D Ah well, I suppose we have statistics to point at and say 'it's not really gambling'
  • doodledo_2
    doodledo_2 Posts: 4,676 Forumite
    Definately not a New Years Resolution I thought I would ever be setting thats for sure :rotfl:

    **runs off to the GIOL board to read and read again :confused: **
    Proud to be dealing with my debts - DFW No: 712

    03/09/09 - DEBT FREE AT LAST :D
    Racing Hypno to Save - £10/£5000
  • I have copied the guide and printed it out in the hope I will understand it better !!

    Still scared about the whole thing though :(

    Have signed up for virtual assistant but cant get the link to pay the £2.95 to work.

    Mel - I only have a one - bed place so no scope for a lodger
  • MB 'ing is definately a good idea for anyone considering it. The introductory guide is a bit heavy to get through, There are briefer guides elsewhere on the net which give a good overview. I found the main hurdle was just getting the basic concept in my brain. After that it all begins to make sense!
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