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FIRE Through The Mortgage - MF by 55 - LATEST
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Exciting times FG, look forward to hearing about it all :T.A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
Mortgage Balance = £0
"Do what others won't early in life so you can do what others can't later in life"0 -
Quick update - so contract is secured! This is majorly great news:j
I'm so excited! So I left 6 months ago with redundancy payment that went straight to my mortgage. Now I'm going back to the same place and getting paid as a contractor. Down side is I've no pension but the plan is that a BTL property would have that covered!
Exciting times!Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5000 -
Great news, :j funny how things turn out sometimes isn't it?
And if you have a dream to buy a buy to let, then I'm sure you will achieve it, once things settle down, just keep watching and that bargain will eventually appear.
Good Luck.Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_Now a Part Timer from 27.10.190 -
Thanks AFK! It will take me a while I'm sure. But I do think within a year I should be moving on BTL.Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5000 -
That's great news. Glad things are working out for you Total Mortgage OP £61,000Outstanding Mortgage £27,971Emergency Fund £62,100I AM NOW MORTGAGE NEUTRAL!!!! <<Sep-20>>0
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Thanks Lippy! Signature updated and only 1 more month until I get past the £200k barrier!Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5000 -
Congratulations on the contract 0
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Great news about the contract and do keep us updated about the BTL plans.June 2025 - part 1 - £19,145 part 2 - £21,973 Total - £41,118 29 months to go!0
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Thanks for the comments everyone!!!
So I had my first day contracting today! I still can't believe it's all worked out! I'm very tempted to call the bank and pay some of the offset to the mortgage to get it below 200k. Trying to be patient!Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5000 -
Patience isn't a trait of MFW's!MFW: Was: £136,000.......Now: £47,736.58......0
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