Mortgage Free - so good they'll do it twice! Wynnvegas aiming for the big house

wynnvegas

Morning TYO,

It's great! I had to fill in a credit card application the other day and it gave the option of "homeowner - own outright" which was a delight to tick! I'm a bit off with Grand Designs just now as all the recent ones are bizarre avant garde things that are so individually suited that it doesn't give me any inspiration. One of the best ones was where a couple bought an old church but then they ruined it by sticking an oversized paddling pool right in the middle of the house which looked daft.

We're still not being particularly clever with the emergency fund provision. At the moment, we got the Tesco Credit Card with 13 months interest free so I'll manage that carefully to ensure that we keep a few thousand in the bank for whatever rainy (or snowy) day needs it. By the end of the year, the intention is to have £10k set aside as an emergency (see also "quick, buy that land there") fund.

Cheers,

Billy

wynnvegas

Morning All,

I've a feeling I might yet be the tight fisted Scotsman stereotype. I had a wee moan at Moyra yesterday for the £17 extra she's managed to put on the phone bill (when you've got all day, every day free phone calls, there's no excuse in my book for wittering away to such an extent that you rack up an additional bill!) and I've just finished a moan at Tesco for having the cheek to charge me a £12 late payment fee on the basis that the direct debit instruction I had set up didn't work because the account is new. Got my £12 back naturally and I'll just manage this myself from now on as direct debits clearly aren't to be trusted all the time. Who knows what that £27 could turn into in Vegas!

Got a gentle nudge from HSBC today about the mortgage deeds. They wrote to me in early November telling me I needed to appoint a solicitor to discharge the deeds from them so I'll need to talk to a lawyer today to get that done. Come what may, I want a copy though!

Cheers,

Billy

wynnvegas

Morning All,

The temerity of HSBC! Got hold of a lawyer yesterday and, as far as seems necessary, the lawyers wants to charge me £210 for having the deeds to the house posted to them which they then forward onto me. I wouldn't mind half as much is HSBC hadn't wasted my time in going into the Edinburgh branch to ask these questions only to be told a load of rubbish. I'll go back to HSBC and demand that they pay all the applicable fees but I'm not holding out all that much hope of a successful outcome there...

Cheers,

Billy

Froggy-G

wynnvegas wrote: »

Morning All,

The temerity of HSBC! Got hold of a lawyer yesterday and, as far as seems necessary, the lawyers wants to charge me £210 for having the deeds to the house posted to them which they then forward onto me. I wouldn't mind half as much is HSBC hadn't wasted my time in going into the Edinburgh branch to ask these questions only to be told a load of rubbish. I'll go back to HSBC and demand that they pay all the applicable fees but I'm not holding out all that much hope of a successful outcome there...

Cheers,

Billy

Greetings Billy! :j

You gotta love HSBC & lawyers, anything to get a few (I mean a lot:eek:) quids off you...

Correct me if I am wrong but I thought all deeds were now stored electronically, and therefore all paper deeds were useless (unless its an England specific thing).. Such discussions took place loads of times on this forum.. Maybe worth doing a search...
If not I am pretty sure you can get the deeds from the bank directly (you might need to go through a few forms to fill out), but I would point blank refuse to pay £210 for the privilege.. No way!

Think about what you could do with £210 in Vegas Billy!!

The following sollicitor http://austinlafferty.co.uk/Private-Client-Services/guide-to-mortgage-discharge.html does it for £30..
Instant saving of £180 :rotfl:

If not, you can always do it yourself http://www.ehow.com/how_5611315_discharge-mortgage-yourself.html seems like you won't be able to avoid paying sollicitor fees though..

Good luck Billy!

Cheers
Froggy

babyb06

Hi Billy

Just wanted to say thanks for mentioning the Sky deal offer - I found the thread on the Grabbit board after reading about it on your thread and after much deliberation (I hate ringing and even ordering a chinese, let alone trying to haggle!) I rang and have 50% off for 6 months! Yippee!:j

Thank you! Not only do I enjoy reading your thread I gain from it too!:D

unhappy_shopper

We have our mortgage with HSBC and received our original deeds as soon as the 'completion' was over. The land registry electronic documents have HSBC mentioned as the lender, that is all. BTW, I'm in England, so might be different in the Highlands.

wynnvegas

Thanks Froggy and Unhappy Shopper,

I've created my own confusion here. The deeds are mine so all I need to do is request them from the bank and they will come to me. The charge in question is to discharge the bank's interest in the property which is a necessary stage only when we wish to sell the property or, heaven forefend, remortgage. Info courtesy of the lovely people at Austin Lafferty so thank'ee Froggy G. The £30 they refer to has apprently just been doubled to £60 (land registration fee) and the £150+vat is the legal fee for handling that so that's where the £210 was coming in. All very complicated considering all I wanted was a parade and a "congratulations Wynnvegas" etched into the sky by the red arrows...

Cheers,

Billy

wynnvegas

Hi babyb,

Outstanding. Great result. I've encouraged everyone I know to do the same. I have the good fortune of having a couple of massive sky call centres in the local area so I've met a load of folk from the "turnaround team" and garnered the appropriate nuggets on how to blag free stuff from them.

Cheers,

Billy

wynnvegas

Morning Folks,

So far so good this week on the money front. I have, since paying off the mortgage, moved the bank account, credit card, gas and electricity, complained about the bins not being emptied as scheduled to the council, blagged a reduction in charges from sky and took up the credit expert thingy on quidco.

In order, each of these has been worth £100 from Santander (received today), £15 in vouchers from Tesco (received last month), £35 of vouchers from Amazon (not received as yet but only switched last week), a credit of £152 from the council as an apology to cancel out the April 2011 payment, a saving of around £180 over the next six months with half price sky and £20 for trialling the credit report (received today).

God bless Hot UK Deals and the Grabbit Board. Haven't had time to check them out today but the money that they can help you make over the year as well as the money that you save is brilliant.

Cheers,

Billy

[Deleted User]

Hey Billy
Gosh youve been productive!! makes me want to be MF just for all that energy!! when is your next vegas trip booked for? mrtyo has been a couple of times and Id love to go just to see it - sounds amazin! maybe thatll be one of my mini mfw goals!