Get a grip !

Chrystal

I am so chuffed for you Skinty.  It must feel as though the weight of the world has been lifted off your shoulders. Your Dad must be pleased that things are progressing at last. How far North are you moving? 

I'd stick with 2 rather than 3 years fixed account as interest rates will probably increase again. (((hugs)))X

MovingForwards

I'd keep the 5% account going, open up a 1 and 2 year account, putting £12k in each. Keep £5k in an instant access account and drop the rest into PB's while waiting to see what happens with interest rates.

Or keep the 5% going, £5k into instant access, split the rest over 1, 2, 3 and 5 year accounts.

I'm so pleased you've exchanged and can get on with your new chapter soon 🎉

Skint_yet_Again

Wow it’s cold out there today. Everything is white with frost and the local pond is frozen again. Took the dog for a walk and she had a good roll on the frosty grass 😆 Even the mud is frozen and she came home clean! 

I will not have an “income” from February to put into the 5% regular saver as I will be living off the equity. I was thinking of putting 50k away for 2 years. 10k instant access for work on the house. 10k instant access for income for the 12 months from end Feb and spread the remaining 30k 

[Deleted User]

How much did you eventually pay for your 'new house? What is it like? It is a great feeling to be mortgage free. Well done! 

Skint_yet_Again

So the house, 2 bed 1930’s brick semi with off road parking, was £156k. After all fees and including savings remaining I currently have £103,000 left. I also still have my savings pots for car, household bills, dog food fund and xmas & birthdays. 

Once I have the keys when the sale completes I will move savings. 

The frost has gone here but there has still been a bitter north wind. I am wfh today. Tomorrow I am meeting up with a group of friends for lunch & drinks at the local pub, so no need for a taxi. 

Sunday morning I am meeting with another friend for coffee. I’m trying to catch up with as many friends as possible before I go, although I will be back to stay with DS & his gf. 

[Deleted User]

Thanks very much for your reply. Exciting times. A mortgage free house and a useful back up. If in time you were to get a suitable part time job you enjoyed that would be the icing on the cake.

MovingForwards

Your new home sounds fabulous and there's enough money not to rush into a job, but perhaps finding the right one.

Weekend plans are great.

Skint_yet_Again

Had a lovely meet up with friends yesterday in the pub. Over the 4 hours we were there I had 2 bottles of fruity cider £5.55 each and meal with a friend on 2 for £11.49, so roughly £6 each 😁
There was lots of chat and laughter and a few tears 😭 

Today I am meeting another friend for coffee / tea at wertherspoons so should be a cheap outing. Then I need go shopping for a couple of meals for this week, fruit squash and ground bran for the dog. 

Will update my spends later. 

doingitanyway

You are in such a good position to begin your new life.
I am pleased for you, especially after all you have been through.

MoneyWorry

Really, really pleased for you and your new life to come. It’s going to be so exciting. Can confirm after two months, I haven’t regretted a thing.