Any single mortgage free wannabes?

kev2009

wow, congrats on managing 3 mortgages sarahb100, i have enough with one!

Kev

Danni-R

Sorry for the bump but I found this thread in my bookmarks so thought I'd check in and see how everyone is doing?

Still single and still in the same place so at least I'm consistent... 

Southend1

Hi Danni. Well, it's been a while since I last posted and I am no longer single. My partner has been staying with me since the start of lockdown and things are going well on that front. Mortgage wise, I am down to about £58,500 from a starting balance of £115,000 in November 2011. I am still focusing savings on my LISA and pension for now so am paying the contractual mortgage payment only. Due to some previous lump sum overpayments, I think that is still around a £40 per month overpayment on what the contractual payment would be if it were recalculated now. My rate fix ends Jan 2023 and I plan to reassess my strategy then - things may be different by then, for example if my partner and I wanted to move and buy a home together. Only time will tell I suppose! 

Danni-R

Congratulations on the promotion up from singleton! And well done on smashing through the mortgage!
As someone who's been here for a while, when did things become so quiet? I remember struggling to keep up with threads and questions because they just got so busy but now over on DFW the posts are really quiet. 
I like the fact I still recongise some of the names after a few years out! 

helensbiggestfan

Hi everyone, I'll join in if I may.  Not quite sure if I class as a singleton because I'm actually a widow.  My kids are all grown up.  And I'm retired.  

Took out a mortgage of £45,000 in October 2018 And started overpaying earlier this year.  It's now down to £41,653.  Trying to manage an overpayment of £200 a month.  

It is tough doing it alone but I am happy enough living a fairly simple lifestyle.  

I am still busy with renovations but hopefully I would really like  to start a little sideline business of some sort, just to give me a bit more leeway.  I would rather do that than take in a lodger.  

I am aiming to try and get the mortgage down to sub £40k by the end of the year.  Ideally I would like to be mortgage free in 5 years but it's a big ask.