Hooooooooooooooray!!!!!!!!!!!!

kippers

Thanks everyone...yes you are right i must start to look at everything to see if further cut backs can be made so we can get our heating quicker. We have just received a quote through our council for £3300 for complete new heating system. We are going to apply for an interest free loan thru energy wise (via the council) over 2 years or 5 years if we are lucky. We found this info from this site. But we do have to put down a deposit first.

Hopefully we can pay the loan monthly and save a little in our bank account each month as well. However, taking a loan scares me but it is soooo cold in our house as the heating system we have now is expensive and rubbish. At least this way we won't pay interest.

I am worried about the interest rate rising again on our morgage as our payments are now £517 p/m. We are locked into this morgage until July, but then we will change.

Thanks again all

Skint_Catt

chinagirl wrote:

---

Curious to know, how are you going to clear £3000+ debt in 9 months?

I don't ever remember saying I was definatly but thats the date I'm aiming for!!!

But I've just cleared £270 off one debt and at £300 a month once I start a permanent job it shouldn't be a problem.

Plus eBaying all the junk I own!

S_C

MSE_Martin

Wonderful news its much better to be in credit than get it

top news!

shoe1206

well done, i've been here 1 months and am feeling much more organised too. hope you get your heating sorted.

great news

handbagfetish

Well done, that's great news!!

seven-day-weekend

I've just worked out a way I can save up for our car insurance (which last year I took from savings) and have most of it by June when it's due.

I wouldn't even have thought of this way (by using money I would have payed towards Council Tax in the two 'free' months, and then the money left over from another bill which has gone DOWN!) until I came to this site!

Well done everyone and thanks to Martin :beer:

mintymoneysaver

Well done to OP!
I've just paid my car insurance in a lump sum for the first time in 9 years and it feels great....only trouble is we've had to start Denplan as our dentist has gone private, so they will just about equal each other, still at least I won't have to find both amounts each month.

bommer

Have you got any other quotes for your central heating? I know you may be cold now but wouldn't you feel better if you aimed to save the money for your heating before next year and be warmer and debt free. Have you got radiators already, if so you could just update your boiler/pipes instead of a complete new system.

kippers

Our central heating is over 30 years old, it is a one pipe system. Also we have an old back boiler which is very inefficient. There are also new regulations which are coming in very shortly which stipulate we must ventilate our room further or the boiler will have to be disconnected. We would have to get a builder in to put new bigger ventilation bricks and we think this would also cost alot.

Thats why we thought the loan would be best, especially as its interest free. But you are right i wish we could put it off a year and not go into debt.

By the way we have had various quotes before the council sent their specialists in to do another quote, the council quote is actually the cheapest and they are using a reputable firm to carry out the work.

lil_me

Well done, have you looked into see if you qualify for the warm front grants with the heating system ? http://www.directgov.gov.uk/en/Bfsl1/BenefitsAndFinancialSupport/DG_10018661