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A cunning plan (but a humungous mortgage!)

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  • Jevvers
    Jevvers Posts: 650 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Listed 4 items on ebay at the weekend, one of which has been bid up to £13 already and the others have watchers. Also got a free coffee at Nero today with the loyalty card and £4 off a travel guide with O2 priority moments. Looks like my £10 mojo is kicking in already, hurrah!

    On the downside, I injured myself at an early morning running session so am now limping around - which will teach me to be smug about exercising before 7am!
  • Jevvers
    Jevvers Posts: 650 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Not much to report today, 3-4-2 on Boots toothpaste etc, saving £1.25. Planning on applying for Flexclusive ISA tomorrow as although it's really low, its bonus lasts to 2014. 2.5% though - jeesh!
  • Jevvers
    Jevvers Posts: 650 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    No spend day today and Quidco say they have transferred the £55 for taking out the Santander 123 account.
  • Jevvers
    Jevvers Posts: 650 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Hello everyone, not been on for ages but just stopped by to say our drip, drip, drip plan is gradually snowballing (to mix my weather metaphors :) )

    By which I mean that we are now getting £50 interest from the various accounts which I've set up - FlexDirect & Santander 123. All of which goes into the OP pot so month by month and little by little that big ole mortgage is going doowwwwwn. :)

    Hope everyone is well - keep on keeping on.
  • EchoDelta
    EchoDelta Posts: 631 Forumite
    Hi jevvers, just caught up with your diary. You're doing so well! Really inspiring.
    Sealed Pot Challenge - No. 117
    Bank of Mum & Dad - £3150/£10,000 (£6850 to go) Bank of In Laws - £4600/£12,000 (£7400 to go)
    MFW - MFD - [STRIKE]5 Apr 2029[/STRIKE] 5 June 2025 : AIM = NOV 2019 (back up aim = MAR 2023)
  • Jevvers
    Jevvers Posts: 650 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Thanks EchoDelta, I felt like we had fallen off the wagon but then I compared our situ now to when I started all this (April 2012) and we have come a fair way. Still much much more to go tho! :)
  • Well done on your achievements so far!!
    "Never underestimate the power of small amounts"
    New Mortgage started March 17 £236,000 (28 years) NOW £231,500 Aug 19 £210,000 Dec 20 £196,629 June 21 £185,200 Now Aug 24 £167000
  • Jevvers
    Jevvers Posts: 650 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Thanks! Just bitten the bullet and increased our regular mortgage payment by £55 per month. Will get 50p of that back in 123 cashback each month ;)
  • Jevvers
    Jevvers Posts: 650 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    And..... Today I decided that we shd try to pay off the interest only mortgage by 20/08/20 which as well as being pleasingly balanced, will also be exactly 18 years since we moved in. It's £243k so we'd better get a wriggle on!
  • EchoDelta
    EchoDelta Posts: 631 Forumite
    Wow! That's a great goal - good luck! Am cheering you on :)
    Sealed Pot Challenge - No. 117
    Bank of Mum & Dad - £3150/£10,000 (£6850 to go) Bank of In Laws - £4600/£12,000 (£7400 to go)
    MFW - MFD - [STRIKE]5 Apr 2029[/STRIKE] 5 June 2025 : AIM = NOV 2019 (back up aim = MAR 2023)
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