The £100,000+ Mortgage Club

Daryl_S_2

dark^knight wrote: »

Hmmm....so this is the table no one wants to be at the top of! :rotfl:

i've not mentioned my let to buy in this one for that very reason :eek:

Tilly_MFW_in_6_YRS

Yep, I think being at the bottom of the list is equivalent to scooping the big win.

good luck all, Tilly

Catslovelycats

dark^knight wrote: »

Hmmm....so this is the table no one wants to be at the top of! :rotfl:

Tilly_MFW_in_6_YRS wrote: »

Yep, I think being at the bottom of the list is equivalent to scooping the big win.

good luck all, Tilly

Darn it. I seem have to crept up the list overnight!
I'm going to enjoy being part of this challenge, I think!
Thanks for the good humour everyone! It makes a big difference.
I'm off to post a letter and then I need to try to work out whether I can afford to take a pay cut AND keep OPing some of my mortgage....:rotfl:

Two9A

Yeah, I should be much higher up that list. I mentioned in my original post that I was completing on a third house; that's now done, so the total mortgage load is:

219,559.21 of your finest pounds.

Which puts me... seventh? Figures will be updated in my sig as I go, but it'll be at least 10 years before I'm making any real headway...

Twiddy

Tilly_MFW_in_6_YRS wrote: »

Yep, I think being at the bottom of the list is equivalent to scooping the big win.

good luck all, Tilly

Hi Tilly, at least you're bottom of the £300k+ mini-league?! (Sorry, the intention was not to rub it in any further!!)

All the best
T

Tilly_MFW_in_6_YRS

Hi Twiddy, I am so aiming to get out of the £300k club, the view looks much better from the <£299k club I think.....

I will be updating mortgage figures after 28 November but won't achieve sub £300k sadly - oh well, off to make dinner for family and lodger. High finance one moment, scrubbing spuds the next.

Best wishes Tilly

originalmiscellany

Wow - I am so impressed with your attitudes on clearing such a debt. It's uplifting to see you really hacking into your debts - and I wish you all well.

Flip1

Hi
Could I join too please. We've just bought a house that needs renovating so we have 2 mortgages totalling £120,000 (details in signature). Also have a loan for the renovation work which will need to be paid before any overpayments on mortgages to will be around for a while.

mel19632

eeek! i didn't realise people were including BTLs in this! very sadly, this would bump us up to the "top" of the league with a whopping £520,174 outstanding across BTL and residential. But perhaps I won't keep this figure in mind.... half a million pounds of mortgages...sounds like a lot eh?
I think i will concentrate on the target in hand which is £13,500 overpayment - only £12,500 to go!

Tilly_MFW_in_6_YRS

Hi Mel19632, no please join, that would push me down the list a bit ! I won't be able to undertake shalo_moo anytime soon, but am pushing to be <£300k by very early next year.

Best wishes, Tilly