** Jock_Tight** mortgage free diary

wynnvegas

Hiya Jock,

Grand. I'm in a similar boat with the SLC just now. Just under £10k but at a negligible interest rate so it doesn't make any sense paying it off any quicker than the normal salary deduction demands. Will still be nice to be shot of it though.

Cheers,

Billy

Jock_Tight

August overpayment and Septembers regular mortgage payment now off bringing us down to £15,775.

We have reduced the mortgage by just over £10k this year so far, looking to get the balance down to just under £12k by the end of 2011.

Coin pot now sitting at £151 and BoS rewards at £80, which means we have an additional £231 to use as an OP, this should reach over £300 by the end of the year (based on previous years).

Jock

Jock_Tight

September overpayment and Octobers regular mortgage payment now off bringing us down to £14,735 :cool:.

Still on target to get the morgage balance under £12k by the end of the year.

14 months to go to achieve mortgage freedom.

Jock

RosieTiger

Well done, another barrier broken!

Jock_Tight

Thanks!

Getting under 15k was another milestone achieved.

Next little milestones to aim for are:
Out of the teens
Four figure balance
Under 5k
Cleared :cool:

Jock_Tight

Octobers overpayment and Novembers regular mortgage payment now off bringing us down to £13,695 :cool:.

13 months till mortgage freedom!

Jock_Tight

Just had an update through for my PEP, its dropped £2.5k in value

Puts a bit of a dent in my overall savings.

However the PEP is for the long term so hopefully will bounce back in years to come!!

wynnvegas

Hi Jock,

Ouch! That's a proper sore one - hopefully still a good bit above what has been put in though.

On a seperate note, isn't it about time we were moving the mortgage countdown to days!?

Cheers,

Billy

Jock_Tight

wynnvegas wrote: »

Hi Jock,

Ouch! That's a proper sore one - hopefully still a good bit above what has been put in though.

Over the years it has performed quite well.

It was an investment which was started by my parents, they gave us each £3k toward a PEP (me, my bro and sister) as long as we added £3k ourselves. Mine was sitting at £14,244 before the update, now £11,750 (damn markets!)

wynnvegas wrote: »

On a separate note, isn't it about time we were moving the mortgage countdown to days!?

Cheers,

Billy

Will look at doing that when we get into the home straight i.e. beginning of 2012

Regards,
Jock

Twiddy

Jock_Tight wrote: »

Octobers overpayment and Novembers regular mortgage payment now off bringing us down to £13,695 :cool:.

13 months till mortgage freedom!

Superb JT, keep up the good work mate...:j

T