Plodding determinedly up a 300k mountain!

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  • michelle09
    michelle09 Posts: 912
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    edited 16 September 2017 at 6:47AM
    beanielou wrote: »
    Have loved reading your diary.
    I hope you were not involved in todays events :(

    As you can see from my signature plodding is good :)

    Thank you! Wasn't sure anyone still was or if I was rambling into the ether.

    I have three days off so will only be involved if things are still bad on Monday but OH is back in the
    thick of it today. I've already had a call from OH in A&E after being injured at work - very keen not to have another one!

    We will plod steadily til the end. These things are definitely marathons and not sprints.
  • A nice Saturday off. :) Got some work to do for job #2 as I've got a trial session with a new student on Monday. (I'm not exactly what they want so we're having one session first to see if we fit).

    OH is work and may or may not be stuck with large amounts of mandatory overtime after yesterday's explosion in London. Long as I get him home safe at the end of the day I'll be happy.

    Since I'm alone in the house, I'm wrapping OH's anniversary gift so I don't have to worry about it being accidentally found in a cupboard. Last year I got OH a lottery ticket because the first year is paper (and we were flat broke) and now I feel the need to carry that tradition on and have bought cotton things.

    Once things are safely wrapped I'm going to clean our new office and sort through all the paperwork/stationary etc to go in there. Hopefully it's a one day job.

    Gave the cleaning agency their 28 days notice this week. I love having a cleaner but don't think we can justify the £84/month when the lodgers have gone. Maybe it's something to look forward to when we're MF!

    Current Balance: £249,900.00
    Kitchen Savings: £4,500/£13,000
  • Hi Michelle. I have just joined and loved catching up on your diary. I just got my mortgage statement through and it's finally below £300k. Planning on getting this down very quickly by living off one wage.

    My bank won't let me OP as and when. Are you able to? I have set up DD for regular OP. Possibly I will look to change when my rate is up in 15 months. I can still overpay by 10%. Planning to do that through the year and then pay off a large amount in between fixing my rate.
  • Thanks Financialfreedom, well done on getting below 300k. That's brilliant!

    We're with HSBC and the mortgage account is attached to our online account (just a lot further into the red!). I can transfer money into it just as I can with any of our others, it just brings up an extra warning page that you're sticking money into a mortgage account and it cannot be undone. We have a tracker mortgage with unlimited OPs so I want it to be easy.
  • Just popping by. Would love to be under 300k.
  • katep23
    katep23 Posts: 1,406
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    Another member of the 300 club :D
  • Karmacat
    Karmacat Posts: 39,459
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    Hi Michelle - just read through your diary from the start :)

    That was a good idea to go for a house not a flat, and especially a run down one, in London - with all the work you've done, I bet your LTV has improved, as well as the overpayments.

    Don't blame you for wanting long term lodgers to be gone - is this your first house with your OH? Much better to have your own space! Airbnb after a while, yes.

    The plus £300k peeps are coming out now! Especially for those in the south of England, who've bought within the last 5 - 10 years, I think its quite normal, to be honest, how else can you do it?


    PS - on a whim, I went onto rightmove and looked at the current prices of apartments where I was catsitting a few weeks ago. £600k upwards!!! For two bedroom leasehold! You're doing well!
    2023: the year I get to buy a car
  • I've just caught up with your diary and wanted to say a huge congratulations for getting under a quarter of a million :T :T
  • Just popping by. Would love to be under 300k.
    I would love you to be too! It's insane how much places go for these days, such a scary amount of money to owe.
    katep23 wrote: »
    Another member of the 300 club :D
    Hopefully not for long! :T
    I've just caught up with your diary and wanted to say a huge congratulations for getting under a quarter of a million :T :T
    Thanks. :jOne milestone down, just the rest to go!
    Karmacat wrote: »
    Hi Michelle - just read through your diary from the start :)

    That was a good idea to go for a house not a flat, and especially a run down one, in London - with all the work you've done, I bet your LTV has improved, as well as the overpayments.

    Don't blame you for wanting long term lodgers to be gone - is this your first house with your OH? Much better to have your own space! Airbnb after a while, yes.

    The plus £300k peeps are coming out now! Especially for those in the south of England, who've bought within the last 5 - 10 years, I think its quite normal, to be honest, how else can you do it?


    PS - on a whim, I went onto rightmove and looked at the current prices of apartments where I was catsitting a few weeks ago. £600k upwards!!! For two bedroom leasehold! You're doing well!

    Thanks Karmacat! Sadly, I don't think it has much - a house in our close (another 3 bedroom terrace) has gone up for sale at 450k, so only 10k more than we paid and it doesn't look like it needs work doing. As we're not intending to move for at least 10 years it's not really an issue, but I am very curious as to what it sells for.

    And why anyone would look at the 2 bed flats near the station at 500k when they could have a freehold house for 450k? Not that 450k is cheap, definitely not the right time to try and get on the housing ladder. But at least it will be ours soon. :D

    We did live together before we were married. It was a granny annex that a retired couple let out, so we pretty much lived alone. But our first lodger moved in the week we did so we've never been alone in this house and are definitely looking forward to it. OH struggles with it quite a bit - never feels he can entirely relax when they're in.
  • The weekend is nearly over, it always comes way too quickly! Spent a good portion of yesterday sorting the new office and refiling all of our paperwork from downstairs so it's in a more useful place. Moved all of our stationary/cards/etc from our room and the office just needs a chair and it's all ready to go. :)

    Of course moving all those things around allowed me to clear out a bit, so there's a recycling bin filled and a bag of things to sell on eBay/We Buy Books when we get back from holiday. Can't see any of it being particularly valuable, but gets rid of them and maybe tops up the bank accounts a little.

    Also meant I could reorganise all our boardgames downstairs with the extra space. They're now alphabetical which makes my OCD very happy.

    Not been feeling 100% the last few days so this morning's gym trip wasn't great. Gave up on the treadmill and did some strength training instead. Least it was good to get out.

    Off out tonight. It's a friend's birthday and she has picked Pizza Hut as the meeting place. We get 25% off with our cinema cards (the birthday friend has one too so the whole table will be covered) and I tend to fill up on the unlimited salad and keep half the pizza for lunch tomorrow.

    Current Balance: £249,900.00
    Kitchen Savings: £4,500/£13,000
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