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31 July 2018 at 4:34PM edited 30 November -1 at 1:00AM in Mortgage-Free Wannabe

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31 July 2018 at 4:34PM edited 30 November -1 at 1:00AM in Mortgage-Free Wannabe

Hello All!
I have seen many videos on how to get mortgage free in 5-7 years but most are American. I was wondering (and apologies if this has been covered before and i have missed it) if there are equivalent UK plans? Could someone please advise me in the right direction. Many Thanks!

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31 July 2018 at 7:18PM edited 31 July 2018 at 7:23PM

A_Frayed_Knot Forumite
3.2K posts

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31 July 2018 at 7:18PM edited 31 July 2018 at 7:23PM

Just read the diaries, maybe not MF in 5-7 years, it all depends on . . . Balance and income.

ps Just realised 5-7 plus years is do- able, I'm on track for 7yrs plus a few months

Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:

MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_

Now a Part Timer from 27.10.19

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1 August 2018 at 10:07PM

beanielou Forumite
76K posts

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1 August 2018 at 10:07PM

If you want to be mortgage free in that time then overpayments are your friend.

Lou~ Debt free Wanabe No 55 DF 03/03/14.
**Credit card debt free 30/06/10~**
MFW. Finally mortgage free February 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb.
It starts with you, it starts from now. *** It is ok to be me.***
***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
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