LP's 2009 masterplan

kissjenn

You're doing such a fab job LP. Agree DLA is a double edge sword but grab it and make it work for you. You'll be debt free in no time.

LilacPixie

I am an obsessive planner,I like to know exactly what I am getting in advance. My husband gets his payslip on the day too and it drives me made becasue I never know what extra, if any, we have.

afsha

Thats true now that im a more organised it good to know how much extra you are getting. Or the other way to think about it is. I am skint this week but this feeling will be gone on Friday gives me the light at the end of the dark tunnel.

LilacPixie

Plus it give me time to sit and plan what overpayments are being made and when. I an a bit obsessive about snowballs and getting debt gone.

OH gets paid on Wednesday, I need to see what he is getting first so I can see the whole picture. OH has a salary but also gets a performance bonus on top which can be anything from zero to about £600. Our SOA is worked out on him getting basic salary with no bonus. We tend to use some bonus for a small treat like a pizza if I don't have a mystery shop or maybe a family day out and then shove some into clering debt and some into the house fund.

LilacPixie

OK not everything in my life always goes to plan We have saw a house we like not a huge house but a decent sized one in a decent area.

There is a problem tho. It is a repossesion. :eek: I hate the idea of exploiting someones problems. We have an official viewing on Friday at 11:30

Scottishmummy

Not this one is it .. ?

http://search.knightfrank.com/edn050151

It's a repossession too.:o

Seriously though i can understand your concern but what if it turns out to be the ideal home for you. Would you turn it down?

LilacPixie

lol no it's not that one It's a end terrace in Dundee. room to extend if needed but its a decent sized 2 bed. its about 80 years old so is a good size.

LilacPixie

Wish me luck, off to see a whole of market mortgage broker today and I'm scared .

Lots to think about. We are definatly viewing the repossesion tomorow at 11:30 am because if we don't we will always wonder what if......

LilacPixie

Right we have spoken to out broker. buying this new house would increase our mortgage by around 20k and our payments by around £140 a month. As you can see from a previous SOA this would be totally doable.

LilacPixie

we have been to visit the house. It is a decent size but needs alot of work done to it. I mean ALOT. new kitchen and bathroom, central heating, roof needs some tiles replaced, moss needs cleared from tiles and rain gutters replaced.