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Finally I have a mortgage I can start to pay off!
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Fantastic news Vix!MFW 67 - Finally mortgage free! 💙😁2
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Mortgage advisor happy, can get a 5 year fix at 1.04% ....
Have put in offer, nervously awaiting call back from agent! 😮Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days
'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway7 -
I've looked at a house for a relative - it was close to me (like 10 mins drive away....) and was a journey of more than around almost 2 hours for them, so I did an initial look-see and gave them a little bit of video feedback about the area/ road/ traffic etc
It worked well - they decided it wasn't for them from my viewing, saving them a wasted round trip of say 5 hours (I'm thinking they'd have had at least a coffee break, if not lunch!)
Fingers crossed, vix I am the master of my fate; I am the captain of my soulRepaid mtge early (orig 11/25) 01/09 £124616 01/11 £89873 01/13 £52546 01/15 £12133 07/15 £NILNet sales 2024: £207 -
Hadn't considered that scenario Greent, that makes good sense!Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days
'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway7 -
So, we’re now the probable future owners of a 6-bed (5 en-suite), grade II listed cottage, set in half an acre of Norfolk countryside with a small holiday let in the grounds and a triple garage!! 😁
And in less good news, a mortgage of around £245k! 😳Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days
'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway7 -
Sounds idyllic, fingers crossed for a smooth process 2014 starting mortgage £165,0002015 second charge £20,000 - Jan 2021 paid off in fullCurrent outstanding balance - £115,8564
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Oh wow, how wonderful!! All fingers and toes crossed for you. That mortgage will be gone in no time, especially at 1.04%!!6
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Wildly optimistic there Cheery!! But the holiday let should help. Especially if we can get the pool back up and running! Really excited about the new challenge it will bring.Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days
'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway5 -
Oh my goodness that’s fantastic news- everything crossed for you that it all runs smoothly!
I can understand the nervousness about a mortgage increase- ours is going from £131k on our old house (thanks to lots of OP’g) to an eye-watering £309k
But, sometimes its just got to be done.
The holiday let part sounds super interesting too, and all that land you will have- idyllic
Super pleased for you!First home- Oct’16 until June’21: £170.995- Overpayments made £13,784 (25% extra!).
New forever home- Sep’21 £309,449 @ 2.05%. Plan to clear it before 30 years!!!!!!6 -
We went from having paid ours off completely to owing £215k when we moved here 😮 Quite the shock 😂 but we're down to about £181k now so it's slowly reducing!6
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