Excited about fixed rate mortgage ending this year!

financiallyfreewanabe

Hi all,

I am new here and just wanted to do a new post as i am so excited about my 6.9% 3year fixed rate mortgage that is coming to an end this july. It means my monthly payments of £232 will drop even lower (as rates are so much lower at the moment) and i will be able to start saving more although i might decide to contribute a bit extra each month to my monthly payments anyway as they will be so low! This year is a good one for me freeing up more money, my virgin media contract is ending next month too which is way overpriced so i shall be going elsewhere for phone and broadband and changing to freeview!
Is anyone else excited about this year?!?:)

Emsky123

Hi FFW

I am excited about this year too, I have spent the last few months on maternity leave earning standard maternity pay so could only dream about making a start on clearing the mortgage, I go back to work in 1 weeks time so will have full wages again :j - This will be the year i throw everything at the mortgage and make dreams a reality. This year is also my 10th year with the company so im due to get some gift vouchers - New wardrobe i think!

Good luck in your MF Journey, May 2011 be a financially great year for everyone :T:T:T

bargainlover08

I am excited too as our 5.95% fixed rate ends in August. We currently pay £650 a month so hopefully this will drop quite a bit. We have just started to make small overpayments. It is so exciting to use the mortgage calculator to see how much will we save in the long run.

Good luck guys!!

linz

Another one with a fixed rate of 5.44% ending in June 2011 Just hope the rates don't start to climb again at the same time! Am limited to £500 OP's each month at the moment but come June (unless I fix again) I can overpay by any amount. Will look at the deals nearer the time but may look to OP as much as I can for a few months and then fix.

All the best!

Sleepy_head_2

Yep, me too! 3yr fixed (although was really 3yrs 3 months) rate of 5.99% ends in October so will start looking around in August...roll on the summer! Luckily doing lots of overpaying during the 3 yrs has taken a good chunk of the mortgage so LTV is looking good too.

Good luck

Sleepy head