Diary Mortgage Free Road To Change My Life

A_Frayed_Knot

Ha Ha - I knew you were up to something, couldn't o/p £6.54 :rotfl: Then o/p £1,007 :rotfl::rotfl::rotfl:yeap make sure you get that £6.54 covered

No Kidding - Well done :A - you'll look back at this and say - that was the right move - didn't even miss it I should've o/p more :eek: - (I know - I'm pushy ) (at least your testing the water) :dance:

There is always a solution and you've just proved that perfectly :j
Never mind the garage you may be needing a mooring with this weather :eek:

MrandMrstrying

Well done on the overpayments. Thumbs up

Luckyinlife

A_Frayed_Knot wrote: »

Ha Ha - I knew you were up to something, couldn't o/p £6.54 :rotfl: Then o/p £1,007 :rotfl::rotfl::rotfl:yeap make sure you get that £6.54 covered

No Kidding - Well done :A - you'll look back at this and say - that was the right move - didn't even miss it I should've o/p more :eek: - (I know - I'm pushy ) (at least your testing the water) :dance:

There is always a solution and you've just proved that perfectly :j
Never mind the garage you may be needing a mooring with this weather :eek:

AFK hehe i should of done 1006.54 just to tease lol
you do make me smile

Ya i just need to do what i feel comfortable with as i go along really My main aim in the short term is to try to get under 50% LTV before my fixed term ends

When did you start overpaying yourself in the whole mortgage game ?

MrandMrstrying Well done on the overpayments. Thumbs up

Thanks MANDMS :]

A_Frayed_Knot

Luckyinlife wrote: »

AFK hehe i should of done 1006.54 just to tease lol
you do make me smile

You mean 1006.55 then it would be 1000.01 more than me

Ya i just need to do what i feel comfortable with as i go along really My main aim in the short term is to try to get under 50% LTV before my fixed term ends

You'll be there in no time at all

When did you start overpaying yourself in the whole mortgage game ?

Do you have to remind me 2 Years then another 18months on an interest rate I could've halfed had I not been so mortgage/interest rate ignorant Wonder where I would be now had I taken the 2 right steps instead of wrong ones:eek:
Thanks MANDMS :]

Now you know why I encourage anyone to o/p and get the best interest rate they can, cause nobody encouraged me- I had to learn the hard way:( but on the right road now

ps Get busy, signatures to update and o/p's to be posted

Luckyinlife

Sorry to remind you im glad i had this in my mind from the start really but even now i try to tell my dad and a good mate of mine to chuck a bit at it and they say not for me ill just wait till my whole term is up
So some people wouldn't even consider it so you have done well to start now AFK better late than never imagine you payed it off then found out :[

Thanks for the support AFK :]

A_Frayed_Knot

What's done is done, I just have to keep playing "catch up"

Nearly every diary I have read, they all say the same - they keep quiet about o/p as everyone thinks "why would you want to do that?"

In my case I have told a select few and every one of them are interested and in awe but mostly too late for them, 1 just finished paying off interest only mortgage :eek: and 1 has only 1 year to go (after having to extend it for another 3 years on top of 25 years because of the endowment they took out - didn't cover them :eek:

You can only supply the info, its up to them what they do with it.

Luckyinlife

AFK- i know what you mean iv mentioned it myself but people dont listen really so kinda dont bother anymore
A friend asked me yesterday your good at saving aint you i said i do my best ya told him what to do with what he has and he said ohh i cant do that lol

Quick update now on my totals wooooo

Mortgage sits at £62550 bit lower than i thought it would be so bonus :]

Got an interest payment from an isa of £75 so ill overpay next week with some other stuff i get like interest on normal account ect

Ef sits at 19k now

Watty1

Great overpayments and EF. Know what you mean about not talking about the o/ping. Only one person knew and saw the point, and one person actually told me we were daft to o/p because all debts die with you! I was shocked at that belief. He was so adamant I found myself checking that on the net :rotfl: He really thought we should be spending rather than overpaying :eek:

Floxxie

Wow! Yep great ops and EF :beer:

I think I have probably mentioned elsewhere that where I live, most people don't have mortgages: either they were gifted the properties or bought when prices were very very low (prices here are still very very low compared to England). I remember mentioning to friends the low amount I had borrowed for my current house and they were shocked at how high it was. I decided against telling them what mortgage I have on my BTL :rotfl: Anyway, I just don't mention what I am doing now; figured it was better to keep quiet where money is concerned

Firegirl

:pOh I tell everyone to overpay! I have saved a few friends thousands by telling them to go to a whole of market broker and get a better deal and showing them the overpayment calculator! Even an extra £50 a month makes a massive difference over the term!

I find if you get people to plug in their details then the calculators speak for themselves. Then tell them to think of it in terms of £100. If you were to put in £100 extra, what would you save over the term. If I gave someone £100 and they gave me back even £120- you'd be delighted!

I love getting other people to overpay and their faces when they realise you've just saved them a fortune over a life time- and I always throw in- how many extra holidays could you go on with that extra cash in your hand rather than the bank having it.

Ooooopppppps I've gone on a bit there! Sorry:p