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The Random Diary Of Mortgage free wannabe.

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Comments

  • charlie007
    charlie007 Posts: 413 Forumite
    Valuation happened :). The man said that he thinks it has def gone up in value and will get the report back to us early next week. Hopefully it will help with the ltv.
    Mortgage free Start amount feb 2014 227000. Current amount nov 2014 217000.

    Challenges 2015
    No alcohol January. No spend February
    Write down all spends over the whole year
  • charlie007
    charlie007 Posts: 413 Forumite
    Yay!!! We complete on the new mortgage deal on Friday. It has been such a long process but it is finally happening. Just had to solicitor on the phone and a completion date of Friday was completely unexpected. It is almost as stressful as when you move!!


    From the august payment we will get an additional 200 pounds a month to overpay as that is how much cheaper the mortgage is!! Crazy. Locked in for 5 years Hopefully we will overpay £400 a month. Maybe starting in September to allow all the stuff to fall into place and also some extra spends for the summer holidays.


    Today is a good day :)
    Mortgage free Start amount feb 2014 227000. Current amount nov 2014 217000.

    Challenges 2015
    No alcohol January. No spend February
    Write down all spends over the whole year
  • charlie007
    charlie007 Posts: 413 Forumite
    We are done. Had confirmation that we have completed.

    Anyone able to help me make a new spreadsheet? X
    Mortgage free Start amount feb 2014 227000. Current amount nov 2014 217000.

    Challenges 2015
    No alcohol January. No spend February
    Write down all spends over the whole year
  • charlie007
    charlie007 Posts: 413 Forumite
    No spend day :)

    Just trying to sort out the online banking for the new account and switch my current account.

    I have made my packed lunch for tomorrow and hung the washing on the airer to dry overnight.

    Spent some time sorting out stuff for eBay.

    Small steps.
    Mortgage free Start amount feb 2014 227000. Current amount nov 2014 217000.

    Challenges 2015
    No alcohol January. No spend February
    Write down all spends over the whole year
  • Muser1
    Muser1 Posts: 795 Forumite
    I can't help with the spreadsheet I'm rubbish!

    Congratulations on the mortgage. I think a 5 year fix is an excellent idea.

    Muser x
    Mortgage Jan 13 99260.00 87253 April 2017
    Emergency fund 700.00
  • charlie007
    charlie007 Posts: 413 Forumite
    Thanks for stopping by. Hopefully I will be able to sort out the spreadsheet at somepoint. I have another one with different figures so maybe I can change that.

    5 year fixed feels good. Can ignore the media and the possible rate rises.

    Another nonspend day today. Washing on the line. Car boot like growing.
    Mortgage free Start amount feb 2014 227000. Current amount nov 2014 217000.

    Challenges 2015
    No alcohol January. No spend February
    Write down all spends over the whole year
  • Luckyinlife
    Luckyinlife Posts: 1,613 Forumite
    5 year fixed is a good idea if your happy with it

    this mortgage game is a long haul
    Mortgage--- [STRIKE]£67700 March 15[/STRIKE] [STRIKE]£65221 April 15[/STRIKE] [STRIKE]£64983 July 15[/STRIKE] [STRIKE]£64780 sept 15[/STRIKE] Remortgage [STRIKE]£67295 oct 15[/STRIKE] [STRIKE]£66599 Nov 15[/STRIKE] [STRIKE]£65878.73 Dec 15[/STRIKE][STRIKE] £64834 1st Jan 16[/STRIKE] [STRIKE]Feb 16 £64,511.89[/STRIKE][STRIKE] March 16 £64,056.40[/STRIKE] [STRIKE]April 16 £62550[/STRIKE] [STRIKE]May 16 £62,396.20[/STRIKE] Feb 17 £60.800
    Emergency fund 23k
  • charlie007
    charlie007 Posts: 413 Forumite
    Really happy with the fix. Mortgage was )1023 a month now 850. Epic :)
    Mortgage free Start amount feb 2014 227000. Current amount nov 2014 217000.

    Challenges 2015
    No alcohol January. No spend February
    Write down all spends over the whole year
  • charlie007
    charlie007 Posts: 413 Forumite
    We have made an over payment of 200 this week. Am off to look for a spreadsheet and a budget planning tool. Let's do this!!!


    Student here for 6 weeks will be another substantial overpayment :). Anyone bank with first direct? How do they add the overpayments on? Do they reduce the monthly payment or the term?
    Mortgage free Start amount feb 2014 227000. Current amount nov 2014 217000.

    Challenges 2015
    No alcohol January. No spend February
    Write down all spends over the whole year
  • charlie007
    charlie007 Posts: 413 Forumite
    Two more students here for the week. Another 250 paid last week so hopefully by the time our statement comes there will be a clear reduction. Last count was 210k. The new mortgage means that the term reduces with each overpayment.

    Am on a mission with eBay. Let the clear out begin.

    Hope everyone else is making good progress.
    Mortgage free Start amount feb 2014 227000. Current amount nov 2014 217000.

    Challenges 2015
    No alcohol January. No spend February
    Write down all spends over the whole year
This discussion has been closed.
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