Diary Mortgage Free Road To Change My Life

Cream_Tea

6.4% is the exact amount DH and I had when we took our mortgage out before we remortgaged. There was a vey satisfying moment when we remortgaged and I checked the online banking. It went from us paying £800 in interest a month to £300! Never felt happier!

CT

Luckyinlife

Thanks guys
Ya it drops to 4.8% i think in 2 years time but still much higher than people are getting these days

due to me only having 1 year accounts and a default on account which is payed off i now have 2 years accounts and own 30% of my house so they may favor me ill let you know what they all say tomorrow anyway :]

Quick money update

2k put away in the overpayment account

3k for kitchen / floor down stairs

10k Emergency fund

Pay day next week so im hoping to add £500 to over payment fund wanna aim to hit under 60k this year

Cream_Tea

That's amazing. Good luck this week. I will have fingers crossed the interest drop will make a big impact!

Luckyinlife

Cream_Tea wrote: »

That's amazing. Good luck this week. I will have fingers crossed the interest drop will make a big impact!

Thanks cream tea

So i had my meeting with the bank on Monday a valuer is getting in contact with me this week or next i think to come down and value the house

Im hoping the fact that there's no kitchen there or flooring don't make him say less than its worth im hoping he says 95k-110k but as its not finished yet i dunno

Ill leave the facts and figures for if i get the mortgage in wringing tho but if i do get this mortgage it would change things quite a bit :] if not ill still be as motivated as ever to pay it of asap:j

Actual house news
As i had a family member pass away 2 weeks ago now i haven't done nothing there for 2 weeks nearly so i need to work this week now to give me 2 days down there next week painting a bit more cleaning ect

SavingRaven

Sorry to hear about your family member passing away LIL.

Sounds like you are doing a brilliant job on all fronts. Can't believe you OP'd so much while doing so much on the house. Amazing!

Good luck on the remortgaging. Will be a brilliant feeling to get that interest down and know that even more of your money is going towards being mortgage free!

SR

Luckyinlife

Thanks SR

Bank phoned me today and the valuation came back at 92k it was only a drive by valuation tho shame really as it would of been nice for them to actually come in and see whats been done

dont matter as they said i can have the best rate so now i need to sort my sa302s out and get the ball rolling.

wish me luck

Firegirl

That is brilliant for you!!!! Will make such a difference to your monthly payments!!

Firegirl

Just read a family member passed away-hope you're ok and take a wee break from it all. You've done so well so take the time you need......you'd think I was your boss!!!!! Lol

Luckyinlife

Thank you fire girl for the kind words :]

Ill pop over to your diary and have a read in a bit now :]

Luckyinlife

Got work to do on the garden few jobs

clear the green house out
clear loads of small bushes hedges roses loads of ripping out to do
once its all cleared and ripped out need to get someone to collect it all

my mate is going to get all the work i need done in exchange for a bike i have which i never use so got 3-4 days out of him full shifts

cant leave my boy go out there with so many trees bushes with thorns and stuff on them

Spent 55 minitues on the phone to HMRC today just waiting for a 10 second can you send me my sa302 forms please sir crazy and i rang earlier