Baby steps to mortgage freedom for beanielou.

HairyHandofDartmoor

I agree that waiting a year would be a good idea. Once you've paid off your mortgage then a home improvement loan would be much more affordable .

I'm glad you got yourself some miracle jeans and well done on all your de-cluttering 👍.

beanielou

teafor2 said:

Would you be able to hold off for another year so you'd only be repaying the loan, not the loan and the mortgage? 
Could you set yourself a daily de-cluttering target, either number of items or time spent on it. At least that way you'd still be making progress. xx

I dont think I can TBH.
My mortgage payments have decreased from this month & will drop again in October.
The conservatory is now crumbling about me & needs action.
Another problem is that the door no longer opens which means I cant get my scooter out which is obviously not ideal.
As of tomorrow I will be only doing half an hour a day on the decluttering. xx

beanielou

Thank you HHD.

teafor2

The decreases in your mortgage payments will help if you really need to sort the conservatory out, and it sounds like you do. Do you use it or could you demolish it? Half an hour a day decluttering is a good target to aim for. No point wearing yourself out. Slow and steady wins the race xx

24ta

Delurking, 12 months left on the mortgage is a great achievement

beanielou

teafor2 said:

The decreases in your mortgage payments will help if you really need to sort the conservatory out, and it sounds like you do. Do you use it or could you demolish it? Half an hour a day decluttering is a good target to aim for. No point wearing yourself out. Slow and steady wins the race xx

I use it a lot in summer.
It is my happy place.
The plan is to strip it back to the brickwork & take away the glass & wood & replace with UPC or whatever.  xx

beanielou

24ta said:

Delurking, 12 months left on the mortgage is a great achievement

Thank you

teafor2

beanielou said:

teafor2 said:

The decreases in your mortgage payments will help if you really need to sort the conservatory out, and it sounds like you do. Do you use it or could you demolish it? Half an hour a day decluttering is a good target to aim for. No point wearing yourself out. Slow and steady wins the race xx

I use it a lot in summer.
It is my happy place.
The plan is to strip it back to the brickwork & take away the glass & wood & replace with UPC or whatever.  xx

If it's your happy place and financially do-able then I'd definitely make moves to get it done up so you can continue to enjoy it. xx

Sun_Addict

Sometimes you just have to bite the bullet and do something as I did 3 years ago when I re-mortgaged to do my home improvements, it was either that or move house - I don't regret it at all. If you get a lot of use out of your conservatory and it really can't wait another year then it's worth doing. You only have 12 months to go on your mortgage so there will be less to pay out next year.

beanielou

Thanks SA. 

I thought about remortgaging but I think a loan is best.