📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Had a mortgage too long - it's going, going, gone!

Options
11011131516122

Comments

  • shangaijimmy
    shangaijimmy Posts: 3,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Uh oh, big job on the horizon!
    MFW: Was: £136,000.......Now: £47,736.58......
  • Ali-OK
    Ali-OK Posts: 4,073 Forumite
    Part of the Furniture Debt-free and Proud!
    It's fair to say it comes under want rather than need and footings already deep enough to build straight up, though outside garage wall is single skin so that would need steels. Roof tiles could be re-used too as shape is being kept in the drawings.

    Upstairs has small bedrooms 2 double, 2 single. Extending would give 2 decent sized doubles and an en suite, leaving 1 small double and 1 single as is. I use a single bedroom as my home office and my nephew stays quite a bit whilst he's studying and working locally, so all the rooms are in use.

    Might not be allowed to go out far enough side or back to make it worthwhile if planning officer thinks it'll get refused on overlooking or line of sight, hence going pre-planning advice route first.

    Lots to think about :)
    Back on the DFW Wagon:

    CC - £3,300 on 0% til 04/2020
    CC - £4,500 on 0% til 02/2019
    Loan - £12,063.84 as at 4/1/18
  • shangaijimmy
    shangaijimmy Posts: 3,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    My sisters just down some major house renovations, with knocking walls down, taking doors out etc... Seemed never ending at one spell, but now its at decorating phase it looks amazing. Its just taking that plunge to go for it and get started that must be the most daunting bit!
    MFW: Was: £136,000.......Now: £47,736.58......
  • Ali-OK
    Ali-OK Posts: 4,073 Forumite
    Part of the Furniture Debt-free and Proud!
    That sounds fab and it wouldn't be my DIYer mates doing it - garden has taken since last autumn to get where it has, couldn't live in a mess for that long :rotfl:

    My friend has had 2 extensions built with 4 children (3 under 5), 2 dogs and 2 cats around :eek: Her building team (including a PM) were fab so I'd probably look to go with them.

    One tip was to buy bricks as soon as you get PP as the price keeps going up. Least we've space to store with a decent frontage.

    All thoughts for now..there's 2 years from getting PP to start the work, so saving will come first :)
    Back on the DFW Wagon:

    CC - £3,300 on 0% til 04/2020
    CC - £4,500 on 0% til 02/2019
    Loan - £12,063.84 as at 4/1/18
  • Ali-OK
    Ali-OK Posts: 4,073 Forumite
    Part of the Furniture Debt-free and Proud!
    After a NSD yesterday, the leaking purse is back. Just parted with £124 for pre-planning application which architect is submitting today and £12 for school shirts for DS as they're back in stock via TCB. Just his trousers to sort for school, but may need to buy him a black tie for Great Aunt's funeral if the date is before he returns to school.

    52p TT added to the holding pot. I need 4 x 10p's to get to £5 in those.

    Another chocolate cake made in readiness for the DIYers tomorrow. DS and I have both broken a glass :mad: After years of having loads, we're down to a few. I might have to buy some. 4 pack of Wilkos should do it when I'm next in town :)

    Lots I could do, but just enjoying chilling out, DS has his nose in a new book he's bought and downloaded from leftover iTunes voucher and the dogs are sparko - re-energising for their run later no doubt. :)
    Back on the DFW Wagon:

    CC - £3,300 on 0% til 04/2020
    CC - £4,500 on 0% til 02/2019
    Loan - £12,063.84 as at 4/1/18
  • So glad to hear your extraction was nice and easy. I used to be a dental assistant and saw some sights :eek:

    Plans re extension sound fab
    5 Year plan. April 2020 to June 2025- CC and mortgage free by time I'm 60
    Currently CC £23,674.36 /£14,895.41/£14315.42
    Mortgage £28,214.65/ £26,254.71/ £25,746.43
    By end 2020 I want CC at £ 19,000.00.
    By end 2021 I want CC at £10,000.00
  • Ali-OK
    Ali-OK Posts: 4,073 Forumite
    Part of the Furniture Debt-free and Proud!
    Glad I avoided the scare stories before I went :D. Haven't needed any painkillers since late Wednesday so think that's a good sign.

    Need to start a new spreadsheet for extension savings if that's going to happen :)
    Back on the DFW Wagon:

    CC - £3,300 on 0% til 04/2020
    CC - £4,500 on 0% til 02/2019
    Loan - £12,063.84 as at 4/1/18
  • shangaijimmy
    shangaijimmy Posts: 3,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Oooh new spreadsheet. More exciting than the extension itself...!
    MFW: Was: £136,000.......Now: £47,736.58......
  • Ali-OK
    Ali-OK Posts: 4,073 Forumite
    Part of the Furniture Debt-free and Proud!
    Any excuse :D Can feel an extension shaped one with blocks to colour in coming on :rotfl:
    Back on the DFW Wagon:

    CC - £3,300 on 0% til 04/2020
    CC - £4,500 on 0% til 02/2019
    Loan - £12,063.84 as at 4/1/18
  • I have been on pinterest all night looking at gardening ideas. I blame you :o
    5 Year plan. April 2020 to June 2025- CC and mortgage free by time I'm 60
    Currently CC £23,674.36 /£14,895.41/£14315.42
    Mortgage £28,214.65/ £26,254.71/ £25,746.43
    By end 2020 I want CC at £ 19,000.00.
    By end 2021 I want CC at £10,000.00
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.