Mortgage free ASAP

bubblycrazy

Sarsibob1 said:

I am about to join you
Am down to the final 3k. My mortgage is £1800 a month. Paid off 18500 this morning as a savings account matured. Just got the last 3k to go so am planning on next months payment being my last as I will find that last 1k somewhere to clear it in full

Mortgage started at 250k in 2014. My 2.79% fixed rate ended last month so chucking everything at it as now on variable. 

Exciting!
£1800 is a huge amount to have surplus every month, do you have plans for it? 

My fixed rate ended in March so I've also been on the variable rate. Went from 1.7% to over 6%, ouch! 

Jessy103

Congratulations 🎉

SuperSecretSquirrel

Congratulations on paying it all off! 🍾

bubblycrazy

Thanks!
Gosh these dark mornings and evenings are tough. I'm still waiting for my DBS check to start the new job but when I do start it's gonna be during the darkest mornings and I'm not used to leaving the house that early. Hoping new job energy will power me through! 

bubblycrazy

My first non mortgage payment has been used to purchase a new toilet and sink for my downstairs toilet, plus I'm going to get the boiler serviced whilst the plumber's here fitting it. Very exciting!

I've just had roof insulation put in, which was done for free using the government scheme. I'm hoping this will reduce my gas bill. It already feels warmer upstairs than downstairs! 

I've just opened a Chase account and put most of my savings in there at 4.5%. Happy with that. Already filled up the S&S ISA so can't do anything with that until April. 

Still no sign of my DBS... 

bubblycrazy

Well I started my new job the week after I last posted and I'm job hunting again! Tbf it's just a maternity cover so due to finish in July anyway, but honestly, starting work at 8am is draining me and the education system is frustrating me. I currently have no energy for housework or hobbies. I miss my old job working evenings, I'm seriously not a morning person!

I've had two interviews recently but no job offer. Waiting to hear back from two more applications. Going to hand my notice in and finish for May half term regardless if I have another job by then. I know it's risky in this market but this is the benefit of having savings I suppose.

Though I have a strange mentality with money, in that I don’t want to spend any. My savings are now my new baseline and I panic when I go below that. The stupid thing is, my savings are more than I've ever had in the past due to the inheritance money.

I haven't used any of my ISA allowance for this year yet, as I can't decide how much to put in S&S and how much to keep in the cash ISA. Really need to make a decision 🤔

bubblycrazy

Notice has been handed in 😱

I'm feeling nostalgic about the place already, but I'm also feeling relieved there's an end in sight.

I keep swinging between panicking and wanting to apply for any job which seems remotely decent, and thinking I'll just apply for the jobs I'm really certain I want, with hours that suit me, as it's pointless being back in the same situation with a job I'm not happy in.

I have an assessment on Monday, which, if successful, will lead to an interview.

I've also taken steps towards starting two money making ideas I've been thinking about for a while. Once I've finished this job I'll hopefully have more energy for these.