** Jock_Tight** mortgage free diary

Angelina1

Well done on reaching this milestone. I have read all of your thread during the past year and you inspired me to overpay my mortgage. So thank you.

:money:

Jock_Tight

Mortgage payment for March has just came off which brings our balance down to £9,160

Planning on making an overpayment by the end of the week (once we raid our coin pots) to hopefully bring us into the 8's.

245 days to go

Jock_Tight

Just got a letter through from our mortgage lender RBS stating they will be increasing the interest rate on the mortgage!

No probs as we are 100% offset

Said on the letter that our minimum payment was now £95 so we would clear the mortgage in 8 years!

No thanks I'll stick with my 8 months plan :T

Jock_Tight

Another £190 off the mortgage via an OP which consisted of £30 from BoS rewards, £102 from Ebay/parts sales and £58 spare, bringing us down to £8,970

235 days to go.

Jock_Tight

The ISA season is upon us!

My 2 year FRISA with Halifax (3.5%) just matured so decided to reinvest in another Halifax fixed rate, however this time for 5 years at 4.5%

This might seem like a long time to lock away however rates are not likely to rise by much in the next few years so will provide a good return.

Also have another 2 year FRISA with Halifax (3.5%) maturing in April and looking to do the same but also add in the new allowance of £5640 which is sitting in savings waiting to go in.

The OH has a 2 year FRISA with Lloyds (3.6%) which will get another £5640 after April 6th.

Jock

Jock_Tight

March overpayment of £475 now off taking our mortgage balance down to £8,495

222 days to go

Jock_Tight

Regular mortgage payment for April now off the account taking the balance down to £7,930

216 days to go

Jock_Tight

Now down to 200 days to go

gallygirl

:j How exciting :j

Angelina1

Very well done, soon be in the 100's days to go!!