The Mortgage Free Roll Of Honour

preable

a. The date you decided to become a MFW = april 2005
b. Mortgage Debt at its highest = £195,000
c. Mortgage-Free Date = 14th dec 2013
My one wisdom would be to overpay

Former_MSE_Andrea

Congratulations to everyone who's mortgage free! Have a great rest of Christmas and Happy New Year

LibbyR26

Just made my final payment. Home finally belongs to me. Had it not been for this forum I would not have thought to overpay and without your posts I would not have had the encouragement to do so. Thank you so much

ml543213

Hello everyone,
I have been lurking about for years reading & be inspired by your posts. Finally, finally, finally I am qualified for the MF badge:

The date you decided to become a MFW: April 2007 when I bought my house in Cambridge

Mortgage Debt at its highest: £152,000

Mortgage-Free Date: 28 Dec 2013

Your one pearl of wisdom: Save, save, save and overpay.
Live frugally, cut back on unnecessary spending.

It has been a long and exhausting journey - so glad that I made it! :j
Love your forum - THANKS everyone for sharing your experience & the journeys to MF. :money:

Poundshoplover

Hello am proud to say I am officially mortgage free at 53!

a. The date you decided to become a MFW - May 2007

b. Mortgage Debt at its highest - £125,000

c. Mortgage-Free Date - 17th Dec 2013

My one pearl of wisdom is to increase your monthly payment to the maximum you can afford and to add any unexpected windfalls to reduce the capital without reducing the monthly repayment.

[Deleted User]

Proud to say I became mortgage free when I was 39.

The date you decided to become a MFW - June 2007
b. Mortgage Debt at its highest - £70k
c. Mortgage-Free Date - May 2012
d. Your one pearl of wisdom. - pay the maximum per month you are allowed, if allowed do a capital repayment each year up to the max % and use an offset account.

jfox22

so, what do you mortgage free people do once you've completed the challenge? Move to a bigger house and start again, or just enjoy a life without worry?

amber03

Start saving so I can retire early.x

TwinnyD

jfox22 wrote: »

so, what do you mortgage free people do once you've completed the challenge? Move to a bigger house and start again, or just enjoy a life without worry?

Just enjoying life knowing the roof over our heads is ours, our children are still young so lovely to be able to do things with them that we wouldn't have been able to do if we still had the mortgage.

superuser

Saving for a special holiday later this year