My journey to Mortgage-freedom
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Good to see you US!
MCIMortgage Free x 1 03.11.2012 - House rented out Feb 2016
Mortgage No 2: £82, 595.61 (31.08.2019)
OP's to Date £8500
Renovation Fund:£511.39;
Nectar Points Balance: approx £30 (31.08.2019)0 -
Posting after quite a long hiatus! In the meantime, we have been steadily making OPs; but the outstanding mortgage is still huge. I will be winding up the S&S ISA this month and putting the proceeds in SIPP to avail the free money (relief) government pays into my pension fund :-) Hope everything goes smoothly as I have already sold my shares and have only cash in my account in preparation for this move.
Hope my fellow MFWs are making steady progress in tackling their mortgages. Good night.Mortgage: @ Feb. 2007: £133,200; Apr. 2011: £24,373; May 2011: £175,999; Jun 2013: ~£97K; Mar. 2014 £392,212.73; Dec. 2015: £327,051.77; Mar. 2016: ~£480K; Mar. 2017 £444,445.74
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I have now closed my S&S ISA and moved the entire funds to my new SIPP. I will be holding this in cash for the time being and planning to make investments later on. On the mortgage OP front, things are moving at a snail's pace.Mortgage: @ Feb. 2007: £133,200; Apr. 2011: £24,373; May 2011: £175,999; Jun 2013: ~£97K; Mar. 2014 £392,212.73; Dec. 2015: £327,051.77; Mar. 2016: ~£480K; Mar. 2017 £444,445.74
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