MFW: Next step towards total freedom!

killerpeaty

Could the redemption be for the wrong date somehow?

caeler

killerpeaty said:

Could the redemption be for the wrong date somehow?

Maybe but it seems unlikely. But it’s almost like the figure I’ve been given ignores that I’ll be making 2 more monthly payments between now and redemption day. But I was sure Nationwide took that into account and assumed all normal payments continue? 

TallGirl

I hope you get an answer I suspect they will just give to a redemption as of today's date not in the future. You're doing very well so close and then onto to the stage pensions. 

caeler

I've re-read the webchat information and it states "Please do not cancel any Internal Transfers - we’ll cancel the Internal Transfer following confirmation of the settlement of your mortgage account. The redemption figure covers any internal transfers that have been collected successfully prior to today. If payment hasn’t been received this won’t be included with the figure being provided today".  So I think this means the redemption figure doesn't include any monthly repayments I'll normally make between now and April.  Phew. 

SandyShores

That does sound about right.  I've done a few early repayments and they usually give you a settlement as at that date, but it lasts for a few weeks.  I've had a couple where they've accidentally taken an extra DD payment and then sent it back again.  How exciting to have the final figure for your mortgage - I can only dream of that day 😴  

L9XSS

Just checked in to your diary, wow you are so close now. Positive vibes and thoughts!

Orangetoes

Loving the countdown! You are so close! 

eat_that_frog

Wow @caeler you are so nearly there! Well done on getting even closer, those last 50-something days will be over before you know it. 

I am also a wee bit jealous, not going to lie 

caeler

Thank you for all the positive comments! @orangetoes @L9XSS @sandyshores @tallgirl @eat_that_frog

So how did we do in February? 

22 NSD so far this month, although I’m expecting to end the month on 23. I’m very pleased with that, as I’d aimed for 20.  I had a few more pennies left over so that went into the mortgage fund so now I’m 86.59% mortgage neutral. 

52 days to go! Which means 2 pay days and 2 more normal monthly payments left. 

After all the fun and games in misunderstanding the redemption figure last weekend, I’m back on track and very relieved my spreadsheet is accurate!  I plan to request another redemption figure in early April just to double check my projection and so I send the right amount of money of course. 

Day 52 has been brought to you by the B52s: “52 Girls” https://youtu.be/rJwQuTqqPvo  

Enjoy! 

caeler

So today is not the NSD I planned. Aldi opened their garden shop this morning so I “had” to buy the mini growhouse! I’ve wanted one for a couple of years and it’s exactly what I need. I’m very excited, less excited about the assembly and it should be here in a week. I might have to divert a few quid from what I put in the mortgage fund yesterday! February ends on 22 NSDs, very pleased with that. 

The weather is beautiful here this morning, started a bit frosty now blue sky and warm sun. I’ve been out for a run which I enjoyed and feel good for.  Today will now involve a roast dinner and a glass (or 2) of red wine. I’m trying a new Chilean Merlot from Aldi.  Yesterday I cleaned the car and pottered in the garden so I feel I can be lazy today.