Mortgage Free in Three Yrs

gallygirl

:beer: Congrats Caz, been a long time coming :beer:

Kaz2904

Well done Caz, I'm so pleased for you. You can now fully enjoy your lovely new life without the hassle of the sale going through!

angelavdavis

Congratulations on the flat sale Caz, it must be a real weight off your mind now!

setmefree2

Well Done Caz:T:T:T:T

minimoocow

Congrats Caz - must be a relief!

Mudbath - thanks for the update on the one account - they haven't let me know yet either and the website still shows old rates (but is always slow to update) so good to know! Think my monthly interest will now be approx £39 so that's all good!

With regards the chickens I was told I didn't need to inform anyone if I owned the property. We have a small terrace garden with neighbours who have access through it to their properties (we use back doors). Apparently unless they become a problem (noise, smells, rodents etc) the neighbours don't have a cause to complain. Generally as long as you look after them and clean them regularly (and only have hens) there shouldn't be a problem so I'm told . . .

Sometimes house deeds can prevent you keeping them . . not sure why they do but there you are!

Obviously if you rent it's a different story (which I assume none of us do otherwise we are on the wrong thread!!!). Apparently they are classed as livestock and not pets so even council tenants are not allowed to keep them (but are pets) but probably depends on the council.

angelavdavis

Thanks for this MMC.

Desperate_Housewife_2-2

well done cazmanian minx

Just going to update sig balance now £17500 yay! Had a great month at work so banging the extra in, really looks good when it starts to come down...

hughmungas1986

Well done Desperate Housewife, it all helps. :T

On a personal note, I've just rung Barclays and my £ 3000 overpayment has cleared so my new balance is £ 37343.

With Christmas just around the corner, its going to be hard to overpay but I'm hoping to not over-indulge on the pop for once !!!

Off to update the sig,

hugh

firesidemaid

hi all!

well done to all on overpayments and good news.

fingers crossed for me please that my new mortgage application goes through ok - in theory there's no reason why not apart from the amount of stoozed cash i have borrowed. i have included a covering letter plus the balance of my savings accounts/isas so that they can see that debt = savings:rolleyes:.

can't wait as it's only 5.29% now with absolutely no fees and it's offset too, so the potential for more stoozing (and reducing balance much quicker) will be enormous. it's discounted, but i am prepared to weather this for now (as no fees) and hope that if rates go down i might fix somewhere;).

ailuro2

firesidemaid - good luck wih the application.

Update from us - Mr Ailuro has finally agreed we could make more money from our overpayment fund by putting it in higher interest accounts.
So we have taken our mortgage overpayment funds out, and are putting them into fixed rate savings and ISAs. By doing this we will make an extra £200 next year if the interest rate stays the same, and stand to gain even more if the intrerest rate drops, which of course it is widely anticipated that it will drop again soon.

So - I'm still going to be mfi3, just a slightly different path - I'll take the money in our savings accounts off of the outstanding mortgage balance for the next updates, as the money is still earmakred for paying off the mortgage, hopefully before I'm 40!

whether we end up really mortgage free, or just notionally mortgage free and decide to keep making extra money from the savings accounts we will have to wait and see.;)