just starting out

mel19632

Good luck! Our mortgage is currently £225,999 but we are not yet MFW - we are still DFW! Once the debts are paid I will get cracking on the mortgage - but this is probably over a year away

setmefree2

saveup wrote: »

update....
had a good day thursday cash in hand job paid up the second half
so treats for the wife and I this weekend.

on the downside rumours and lack of work in the office look like 10 more people to go... and No! other jobs around! (have looked)


bummer!:rolleyes:

Oh dear - hope everything goes well with that.

saveup

dday approaches...
mortgage set to start on 3rd of august so will call and check if interest daily or monthly calculated.

hopefully at the moment payments will be £935 a month but will round up too £1200 nice OP

Then this month i had £150 left over in pot plus have made £3.50 so far on cashback 1p click websites.

cant wait!:T

Frozenace

This is my first month as well. Started with 151k, now down to 148k, overpaying by 430 a month...

saveup

Just spoke to the abbey (who the new mortgage is with) and i have to make in excess of £500 op to make it an op....
means my calcs will be down as interest is calculated daily. I was hoping to op by 240 a month now ill have to hide the money from the OH so its not spent on clothes! so much for finacial advisors! ill be having words! :mad:

saveup

bit of an update...


have been told of our company going to a 4 day week (most other practices are already on 4 or 3 day ).... no choice really or lose job. bummer i know but needs must, we have been oversaving and our overpayments have been put on hold for two months.
have managed to save 2.5k at the moment on top of everything else and we are aiming for another 4k just to be safe. Should mean massive overpayments if and when we go back full time. But untill the coast is clear better safe than sorry.;)

so as it stands our mortgage is 176k no op I can only dream!.

as this is the only debt im quite happy at the moment.

will post when things get back to normal!

ajmoney

I have a small mortgage, started with 56,000 now at 48,000ish, I was young when I took out and couldn't do more. However we are now desperate to get into a new house and that should shoot up close to the £200,000 mark and I will be far far away from mortgage free I will be a true MFW!