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From debt to freedom...
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Another congratulations here. Hopefully it's a huge difference fixing then.
September 2017 Debt = £25330
Starting afresh.
You can do anything if you put your mind to it. x1 -
Great news on the mortgage being sorted and your DDs wedding day going well. 7% is very high so good you have managed a better rate and it is now on repayment. It has been a long haul for you scuppered at every turn by your ex so good it eventually worked out.I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
The 365 Day 1p Challenge 2025 #1 £667.95/£301.35
Save £12k in 2025 #1 £12000/£80003 -
Wonderful HSL; you deserve it all. Love Humdinger xx2
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Fantastic news on all fronts 🥳I get knocked down but I get up again (Chumbawamba, Tubthumping)2
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What a wonderful update! XxMortgage @ 03/2019: £125,000, Now: £51,706.16
Mortgage OP’s: £20,691.73
Remaining 10% OP allowance 2025: £1327.553 -
Wonderful news HSL.Life is an adventure, never stop exploring.2
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That is such good news. A lovely wedding and your home is finally your own.3
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I'm happy that the wedding went well - you all worked so hard to make it wonderful. The remortgage is proof that you can't hold a good woman down. Congratulations on both things.4
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Fabulous news. So pleased for you all!Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £2.6K Net savings after CCs 6/7/25
3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.8K updated 29/7/251 -
Thank you everyone for your kind words. The advice and encouragement that I have had here has really helped to keep me going over some very tough times, so very many thanks to you all.
Was pleased on Monday to get a text from the new mortgage provider telling me when the first payment would come out and how much that would be. The first payment is higher than the usual monthly payment and I am so thankful to now be on a fixed rate for 5 years. Over the weekend I had tried to see if I could “see” the mortgage on the online banking app and couldn’t figure out how one could check the balance or make overpayments. By Monday however, the bank had obviously updated everything and the mortgage figure was there! I did have to have a little experiment and see how easy or not, it is to overpay. Paid £9 off which showed up the following day on the banking app. Cannot believe how much easier it is than the previous mortgage provider.
Back to being very busy in both jobs. Last night was my one weeknight evening off, so DS3 and I went foraging for elderflowers. At the allotment we have several bushes dotted about. We picked about 20 heads and these have been infusing overnight to make elderflower sorbet. I was also thrilled to discover that the sweet peas have started flowering. I was hoping to have had them ready for the wedding but they hadn’t even got one flower on them. Yesterday I cut enough for 2 vasefuls of flowers so we are enjoying their beautiful fragrance in the kitchen this morning. I need to go and do battle with the brambles and nettles at the allotment but that will have to be a weekend job.paydbx2025 #26 £890/£5000 . Mortgage start £148k June 23 - now £138k.
2025 savings challenge £0/£2000 EF £140. Savings 2 £30.00. 173
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