The Mortgage Free in Three - Take 3 challenge (MFiT-T3)

financialbliss

OK. First of hopefully many small steps to get this challenge back into a ship shape state...

Firstly, there's been a few new requests to join. I've allocated as per below and PM'd each of you with details / just to confirm you still want to join as it's been a while:

154. snappybadger.Reduce my mortgage from £120,693 to £84,000.
155. kateyliz. Build up my savings from £0 to £2,000.
156. uropachild. Reduce my mortgage from £85,447 to £50,000.

If you can supply a balance as of chart 01/02 dates, I'll add back in as of that point in time.

@debtfreewannabeRnR - you posted a chart 02 update, yet I can't seem to locate a registration number for you. I've sent you a PM asking you to confirm you want to join.


Did anyone spot that MSE Andrea posted a comment at the top of post #1 on 29/08/13 ? Just re-checked and details now "lost" as it's showing me as last updated now...

FB.

financialbliss

Last post for this evening - more to follow tomorrow.

In the registration form, there's the chance to supply a link to a diary. Many of you have done so already, but I've managed to miss a few people out when adding them to post #1.

So, I've just spend a while going through the registration details and attempted to fish out anyone I have missed. I've just added diary links for:

39. MuffinTops. Completely clear my £62,000 mortgage.
62. bownyboy. Reduce my mortgage from £125,00 to £68,000.
72. Matt The Chippy. Reduce my mortgage from £93,000 to £70,000.
93. I want a baby. Reduce my mortgage from £97,500 to £84,000.
94. Southernman. Reduce my mortgage from £82,000 to £60,000.
105. Mrs Money Penny. Reduce my mortgage from £89,220 to £50,000.
146. PaddyPaws. Reduce my mortgage from £61,274 to £40,000.
147. egon. Reduce my mortgage from €215,156 to €200,000.
153. drinkduffbeers. Completely clear my £47,000 mortgage.

If I've still missed you off, them if you could send me a PM with:

• MFiT-T3 registration number
• Diary link

then I'll add to post #1. Easier than filtering through the update data. I'll make sure I add them in the first place in future

Thanks,
Financial Bliss.

lulabelle1

Hi - I "think" I've submitted my update but google docs seemed to behaving strangely, so thought I'd post it here too incase it hasn't gone through. Current balance is at £82,000. Many Thanks, L

I'm number 141.

Gizmo247

lulabelle1 wrote: »

Hi - I "think" I've submitted my update but google docs seemed to behaving strangely, so thought I'd post it here too incase it hasn't gone through. Current balance is at £82,000. Many Thanks, L

I'm number 141.

Your submission isn't in the UpdateData section. I would suggest you give it another go.

black_taxi_2

I updated balance for you £82000 Lola



https://docs.google.com/spreadsheet/lv?hl=en_GB&hl=en_GB&key=0AnhcWfGMRVgddE1iTjMwaFQ3Y3EtOS1GQ0NkUnUwdUE&type=view&gid=1&f=true&sortcolid=-1&sortasc=true&page=-1&rowsperpage=250

black_taxi_2

sorry I mean lula

slowlyfading

Has my update submitted properly?

VoucherMan

slowlyfading wrote: »

Has my update submitted properly?

Depends.

Is line 502 correct?

https://docs.google.com/spreadsheet/lv?hl=en_GB&hl=en_GB&key=0AnhcWfGMRVgddE1iTjMwaFQ3Y3EtOS1GQ0NkUnUwdUE&type=view&gid=1&f=true&sortcolid=-1&sortasc=true&page=-1&rowsperpage=250

502 07/09/2013 11:19:53 slowlyfading 79 Chart 03 (12/09/13) 115930 Thank you

Lomcevak

I'm declaring a balance of £183,101 for update three, which is a reduction of £3268 (or 8.9% of target) for the MFiT-T3 so far.

At first sight that feels a bit rubbish as it's only £33 less than my first update, and a net increase of £2176 since my second, but since then i've remortgaged from 4.99% to 2.6% fixed for five years with early redemption fees dropping me back to £188,500 at the end of June (£2k higher than at the start of the challenge ). Since then i've been bashing away at the mortgage and have chopped almost £5.5k off in the last three months, so going much better

I'll be deep in the red for the next year or more, but then the benefits of the remortgage really start to kick in and if all goes to plan I should be well ahead of where I would have been by the end

lulabelle1

black_taxi wrote: »

I updated balance for you £82000 Lola



https://docs.google.com/spreadsheet/lv?hl=en_GB&hl=en_GB&key=0AnhcWfGMRVgddE1iTjMwaFQ3Y3EtOS1GQ0NkUnUwdUE&type=view&gid=1&f=true&sortcolid=-1&sortasc=true&page=-1&rowsperpage=250

Ah, that's great, thank you, much appreciated!