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  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It looks stunning. Hope your husband's work picks up. 
    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 29/7/25
  • woodfired
    woodfired Posts: 404 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    It looks stunning. Hope your husband's work picks up. 
    Aww thanks SH.  We hope so too, it is a bit of a worry but we are thankful to have options.  We have quite a bit in savings that will see us through if need be and the bounceback loan means we have no finance repayments for 12 months, then much lower payments thereafter which has to help.

    So glad we save when we can and that our MSE lifestyle means we haven't noticed him taking a 60% paycut, which is amazing really.  He has had the time to complete all of our renovations on three rooms for less than £3000 including the new woodburner and carpet, which were all budgeted for anyway.

    Now we tighten our belts, keep saving what we can and try to get the business up and running again.  Onwards and hopefully upwards! xx
    New Mortgage: £240 999 7/2/20 £ 205 000 Aug 23 Currently: £193 313 Jan 2025
    Mortgage Advance £27 000 April 2022 £22 450 Aug 23 Currently: £19357 Jan 2025
    Business Loan £89 000 Jan 2023 £44 499 Aug 23 Currently: 33 382 Jan 2025
  • themadvix
    themadvix Posts: 8,748 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    The snug looks fantastic - what a transformation! I’m not surprised you’re pleased with it, and all on a budget too.

     Hope things improve for your husband - I think people are beginning to think more normally again, so there’s hope that this will lead to work for him. Completely different field, but my work has picked up in the last couple of weeks as people emerge from ‘hibernation’. A wise move to give yourself the breathing space of the bounce back loan though.
    Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days

    'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway


  • Moneyfordreams
    Moneyfordreams Posts: 2,442 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    The room looks lovely, and your garden :) I hope things pick up for your husband soon  
    Mortgage restart June 2018 £119950Re mortgage August 19 £110470, … Mortgage November 22 £85600 final 0% CC 3300Home renovations - £65000, mid 2018 - mid 2022
  • Fortune_Smiles
    Fortune_Smiles Posts: 5,101 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Wow!  The snug looks fabulous Woodfired.

    Really hope business picks up for you.

    Fortune x

    Mortgage: 100% paid Emergency Fund: 100%
    A Better View 🌄 'Being on the edge isn't as safe, but the view is better' - Ricky Gervais
  • woodfired
    woodfired Posts: 404 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    Ahh thanks everyone for your kind words and encouragement.  A little bit of more positive news today, a small order placed by one of our customers and hopefully more in the pipeline, fingers crossed.  Thanks again all of you lovely folks. :blush:
    New Mortgage: £240 999 7/2/20 £ 205 000 Aug 23 Currently: £193 313 Jan 2025
    Mortgage Advance £27 000 April 2022 £22 450 Aug 23 Currently: £19357 Jan 2025
    Business Loan £89 000 Jan 2023 £44 499 Aug 23 Currently: 33 382 Jan 2025
  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    May the trickle of new work become a flood. I think the commentators are prophesying doom because it helps sell news stories but there are other encouraging signs in the economy. Things could bounce back more quickly than the pessimists predict. 
    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 29/7/25
  • Hazelnutty
    Hazelnutty Posts: 744 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Hey woodfired - that looks amazing! One of my plans for the new house refurb is to expose the old fireplace, repair the brickwork and put in a stove. What kind did you go for? There seems to be such a lot of choice!
    Choose kind:)
  • greent
    greent Posts: 10,760 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    SNug looks absolutely fabulous - and your husband has done a cracking job on it :) Fingers crossed more orders come in and all is well again x
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/11 £89873 01/13 £52546 01/15 £12133 07/15 £NIL
    Net sales 2024: £20
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