The Mortgage Free in Three - Take 2 challenge (MFiT-T2)

setmefree2

golfiematt wrote: »

good good, less easy money for the greedy banks! keep it up people

Hell Yeah!

tattycath

Help!!! please. Just been checking the mortgage statement. We have sub account 1 - it still has 17yrs 10 months to run (well on paper anyway ) but sub account 2 only has 17yrs 5 months -anyone any ideas why they don't run for the same length of time pls? also according to the statement if ERC applies we can pay upto 10% overpayments without incurring charges-does this still apply as we're on a variable rate. (I'm not really as savvy as I should be on these things ) Thanks in advance

loopy-juice

Well. The wife and I have decided that we will be taking our last payment of this challenge to NW B/S personally. We are putting on our finest clothes and taking the final payment in a wrapped box with a huge, huge ribbon on it. There will be a card in there along with the cash saying that this is the final payment of our mortgage and this payment equates to a saving of around £30,000 to us. We will ask for the deeds and take a look at what we actually own and give them back to look after. We will then wine and dine in a local hostilery and make plans that we could never of dreamt of.

How will you pay your last installment!

Superfast_Gran

loopy-juice wrote: »

Well. The wife and I have decided that we will be taking our last payment of this challenge to NW B/S personally. We are putting on our finest clothes and taking the final payment in a wrapped box with a huge, huge ribbon on it. There will be a card in there along with the cash saying that this is the final payment of our mortgage and this payment equates to a saving of around £30,000 to us. We will ask for the deeds and take a look at what we actually own and give them back to look after. We will then wine and dine in a local hostilery and make plans that we could never of dreamt of.

How will you pay your last installment!

I take it this is an imminent outing? Congratulations xxx

loopy-juice

No its 23 months away. :j

RosieTiger

We have also said we want to do it in person - now you have me thinking that it certainly does have to be a bit better than "How much left", "Here's the cash" and "Thanks".
The wine and dine experience for later is a must.
Now to planning the event..............

gerbiljo

Oooh I like these ideas We have never thought about this really, I can't imagine it will be so elaborate tho so I might have to have a think and repost when I've come up with something worth posting! Planned to book a huge ridiculously priced holiday tho before going back to a life of a more normal spending tho I definately am keeping some of the frugalness as I think it teaches you to respect your money more Hoping February will be a great month as january was tough, nice to see a six at the front of my balance and hoping everyone achieves their targets this year

tattycath

tattycath wrote: »

Help!!! please. Just been checking the mortgage statement. We have sub account 1 - it still has 17yrs 10 months to run (well on paper anyway ) but sub account 2 only has 17yrs 5 months -anyone any ideas why they don't run for the same length of time pls? also according to the statement if ERC applies we can pay upto 10% overpayments without incurring charges-does this still apply as we're on a variable rate. (I'm not really as savvy as I should be on these things ) Thanks in advance

anyone?............

curlygirl1971

Sorry Tattycath, don't know the answers - give your mortgage provider a call and find out. Mine (Halifax) are very helpful at explaining things I've not understood.

curlygirl1971

loopy-juice wrote: »

Well. The wife and I have decided that we will be taking our last payment of this challenge to NW B/S personally. We are putting on our finest clothes and taking the final payment in a wrapped box with a huge, huge ribbon on it. There will be a card in there along with the cash saying that this is the final payment of our mortgage and this payment equates to a saving of around £30,000 to us. We will ask for the deeds and take a look at what we actually own and give them back to look after. We will then wine and dine in a local hostilery and make plans that we could never of dreamt of.

How will you pay your last installment!

Hhhhm I'd not really thought about it. But now you ask, I envisage myself wearing a red-hot-to-the-floor satin gown (of course in this particular day dream I'm 30lbs lighter, don't have bingo wings, my clevage extends beyond my stomach, I can walk elegantly in heels and am not being itched to death by the featherboa draped round my neck), and even though I don't like champagne I may just take a bottle with me for the hell of it. I think some sort of fanfare or bagpipe procession will be in order as I hand over the bag of £2 coins I'm saving up for the express purpose of making my last payment in person.

However this event is currently scheduled (if all things remain the same/as forecasted) to occur in December 2019.....at least I have the time to loose 30lbs and save up for an outfit that may be less tacky and more befitting my age :rotfl: Truth be told - I may well have a mortgage on a different property by then