Pawlala's MFW diary (Part II now underway in earnest!)

sassyblue

bump: l'm subsrcibing to this thread and just seeing how this works, will l see a notification on the thread bar (ignore me l'm going mad)

weezl, l did laugh at you saying you'll be watching this thread with interest, you (and pawlala) don't need much help you're both fab!! I've been reading with interest for a while.

EDIT: Yes l can see a tick in the title bar - that's how subscribing works!

pawlala

thanks for subscribing!

I've had another idea in my head these past couple of days that I think I will share now- I am seriously considering putting my current property up for rent and moving out. Another accidental landlord perhaps. Whilst this will hopefully mean extra income from rent coming in it will also mean another full mortgage for 2nd property.

I have no idea what to do!

sassyblue

pawlala wrote: »

thanks for subscribing!

I've had another idea in my head these past couple of days that I think I will share now- I am seriously considering putting my current property up for rent and moving out. Another accidental landlord perhaps. Whilst this will hopefully mean extra income from rent coming in it will also mean another full mortgage for 2nd property.

I have no idea what to do!

Pawlala, if you can afford another property then give it serious thought, when there's a downturn like this if you can afford to invest in property l say do it. If we can get our mortgage paid off come the next 'cycle' that's what we'll do, if you buy a good sound property for the right money it's always a good investment. It's a buyers market at the moment

pawlala

Am currently looking into it. http://forums.moneysavingexpert.com/showthread.html?t=2192551

On a side note, I've cleared an ISA into a Vantage saver with Lloyds because its a better rate of interest than the ISA, even after tax!

pawlala

A few updates since last post:

• Moved to a different central heating insurance cover provider, which will save £120 a year;
• Just secured another £630 international sponsorship deal to advertise links online for the next 12 months.
• Three new vantage accounts created with Lloyds for any savings over the next 12 months.

That should do for now!

setmefree2

Yay well done on all that :T:T:T:T

Queen-Bee_2

Well done - I'm thinking about opening a Vantage account with Lloyds too!
QB

pawlala

midnight tonight! Saving another £1200 towards the next mortgage, hopefully

pawlala

I worked out last night that through tightning up and paying off parts of the mortgage, I'm £438 a month better off than I was last year!

pawlala

Another £401 added to the savings coffers for the new house

I need to update my signature...