It's a long and winding road

FrankRizzo

TwentySomethingGirl wrote: »

We have the mortgage on our online banking but it does take a couple of days to clear any amounts sent.

Thats good. who do you bank with?

TwentySomethingGirl

Among others, Nationwide and that is who the mortgage is with.

FrankRizzo

Thats really handy wish my mortgage provider had this service. Good luck in MFW.

TwentySomethingGirl

FrankRizzo I love that I can check the mortgage. I know some banks don't show it on internet banking, and others you have to send cheques to make OPs. I think that'd drive me mad!


Well it's been an expensive few days. Lesson learnt for next time I buy a house...don't do it near Christmas! Contents insurance and DH car insurance both renewed. No extra OPs as yet for January but we're only half way through...which still makes it a long time til pay day

TwentySomethingGirl

I'm excited to report that our mortgage statement arrived today. Interest charged over the year was £3797.26, capital paid was £4322.47. Not a lot but I'm pleased because our OPs meant we paid more in capital than interest, which we wouldn't have done had we not been making the OPs.

Onwards and upwards!

stuart07970

Don't forget that you can renew your fix with Nationwide 3 months early if you stay with them. They sometimes do direct cash back too.
I got £250 and accessed my cheaper rate 3 months earlier allowing me to overpay more

TwentySomethingGirl

I've already been looking at their re-mortgage rates even though we have 8.5 months til we can...


I think a good aim for us will be to pay more off the capital than interest each year.

TwentySomethingGirl

2 days to payday!! Hopefully we'll have a better idea of where we stand with new monthly amounts going out once we've recovered from Christmas and the January blues...

TwentySomethingGirl

So payday has arrived for us both. Regular OP will go on the 1st for £102.90. We've got enough saved for our holiday later this year, so will start working on the next savings pot. Not sure what that will be for yet, but it'll start regardless.

Monie

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