Mortgage free 20/20/20

kingster2069

Morning all, hope everyone is having a nice weekend.

Just realised this morning that we've paid off 10% of our mortgage since the start of this diary:beer:.
Can't believe how addictive this is. Now I need to save another £10K before the year is out to clear those pestkie credit cards once and for all. Then I just need to maintain that 10% reduction for another 9 years:eek:
But given the next few years are going to be the worst with interest payments, it feels doable.

On a side note, does anyone know how to change my diary name for a second time? Little bit embarassed I was using the 12/12/12 challenge format and decided that 2020 should be my target. Didn't think there isn't a 20th month in the year LOL. Anyway is wont let me change it again and feeling a real plonker every time I add something to this diary.

Thanks in advance

kingster2069

Well looks like my mortgage free journey might be coming to a fork in the road. The OH has seen a house that she apparently LOVES....
We are aiming to move up to Lincolnshire to be closer to my family and have been spending a lot of online time on rightmove.
Well this weekend we are travelling up for the weekend to view 3 properties, but one is head and shoulders better than the rest apparently:D
Which ever way it goes I'm still commited to clear our mortgage, just might be over a slightly different time frame.:p

sutwam

A forever house must be worth the extra mortgage, which I am sure you will clear with as much gusto

Hope it's a house you all fall in love with and it'll be worth all the OP so far and the future ones too!

kingster2069

Thanks, I'm hoping the mortgage wont be too much different, even possible smaller :j
We'll just have to wait an see what comes of this weekend.

kingster2069

Well just arrived back from a weekend in Lincolnshire and have had our offer accepted on our new home:j
Need to get a list together for what needs to be done.

1. Arrange for letting agents to discuss rental of first property.
2. Applied for consent to let.
3. Applied for BTL mortgage.
4. Applied for second mortgage.
5. Instruct solicitor.
6. Find deposit.
7. Find out additional costs of moving home.
8. Ebay all items that wont fit into our new smaller home.
9. Finish last years accounts.

Need to start getting some of this stuff done asap. Will keep you posted on our progress.