£14310 off mortgage 2010 lets make 2011 better

Sepa74

Cool! I love the wombles, always have (I am over 30 and being Australian doesn't count as being foreign when it comes to most children's tv).

But searching for receipts on the common to see what vouchers they have is not something I would have thought of doing myself!

sarahevie

Annual mortgage statement has arrived.

Depressingly interest is still £22 a day:mad:

We owe £120,000 down from £137,000 last year.

Cannot believe how ERC work. Ours is now £3,000. We are on a 10 year fix, no tie ins after five. We will have had our mortgage five years on 26th Nov 2012 when it drops to £1300 but on 1st Dec 2012 it is nil.

wantabetterlife

Our mortgage statement arrived too today sarahevie...this year we paid £1700 less interest, although the daily rate is still averaging out at over £19 :mad:. You have made great progress since last year with 17k coming off the capital, well done :j

CathT

sarahevie wrote: »

Annual mortgage statement has arrived.

Depressingly interest is still £22 a day:mad:

We owe £120,000 down from £137,000 last year.

Cannot believe how ERC work. Ours is now £3,000. We are on a 10 year fix, no tie ins after five. We will have had our mortgage five years on 26th Nov 2012 when it drops to £1300 but on 1st Dec 2012 it is nil.

Think of what it would be without your OP's though. Are you on quite a high fixed rate? I guess so for a 10 year deal.

sarahevie

CathT wrote: »

Think of what it would be without your OP's though. Are you on quite a high fixed rate? I guess so for a 10 year deal.

5.99% but no tie in, in a year.

Think it may have been better to 'buy ourselves' out of it a couple of years ago, but now we are so close to the end of it, any savings on interest would be negated by the mortgage valuation fee, arrangement fee so we are sticking with it

sarahevie

MSE things today

Train fare to visit friend £3.70, for three of us (kids free)
Only bought one tea and one fruit juice and one brownie to share
No heating again today
Cancelled soft play tomorrow, my kids don't like it, so I'm taking them to a community playgroup instead saving £10.
Sorted out my christmas pile against a list so they are all allocated so no wastage, and I can now buy top ups where needed.

None MSE things

Pub tea but was only £14 for four of us and we enjoyed it.
10 people on my christmas list haven't got gifts yet. :eek:

Third day of my diet, and I feel horrendous after pub tea, this is not going well. My sister is a dietician so I'm not telling her about my plan:rotfl:

Sepa74

Good luck with the diet! You're a better woman than I am, starting one in late November... I'm just throwing in the towel for the next 6 weeks!!

sarahevie

Have hit £10,000 ops for the year.

Looking towards re mortgaging in Nov 2012 if we make no more OPs we will have an outstanding balance of £106,000 next year.

Would have been £133,000 owing without OPs so has made a BIG difference, even in two years.

Saved £83,000 in interest with the two OPs so far.

sarahevie

Currently loving Leeds City Council as my house in Headingley conforms to the (not quite as strict as last time I enquired) HMO regs.

All I need to do is get a stud wall erected to create a corridoor through the lounge and there we have a 5th bedroom (or in other words another £3380 a year in rent).

Going to finish my christmas shopping this evening.

Mum had a go about my PhD last night, I haven't seen my supervisor for 18 months - they abandoned me once I had my kids - but Mum has said that as I have a full draft completed I should just hassle them come Jan to submit or help me. As it's been 5 1/2 years since I started. It really is time to either give up or finish

tellmeitsfriday

Yes come on Dr Sarah - submit your draft You never know, they might pass it as it is