Village Lane Mortgage Diary

Hello! Long time lurker to this forum so thought it was time for me to join in with a diary of my own.

I'm 31 and engaged and live with my partner in our first home which we purchased two years ago.

We bought our house for 153k and I love it. It's nothing fancy and it's pretty small but making it a home without spending a fortune truly makes me happiest *My most favourite frugal home find was my beautiful wooden front door for £5 off eBay!*

Fancy new kitchens or patios- nice though they are- are not our priority right now, we're looking to use whatever extra cash we have to throw at the mortgage, of which we have £111k left to pay.

We're hoping to try for kids in the next two years so right now, whilst it's just us two we're going to do what we can to get this mortgage down. I should say that we are not massively high earners or anything, we're working class, I earn 23k, but I've always been good at squirrelling a lot of my pay cheque away each month (I've got about 50k in savings)

This year is also the year we get married...we're in fact eloping so it's all top secret. So with that to plan on top of a honeymoon, it's not going to be the cheapest of years! But I'm a firm believer in spending cash on the right things. Intentional spending is good by me and that's why, despite being frugal, I refuse to deprive ourselves of what makes us happiest, for us that's travelling. And we want to do as much as we can before we start a family.

As I said I love this home so very much and the day we can celebrate owning every brick is going to be absolutely brilliant!

Each month I'm going to post an update along with a few things I'm grateful for, any slip ups and any proud moments...
Thanks for welcoming me into this community!

APRIL ( so far)
Frugal livin' April
Not been a great month for the old purse strings, but swapped a few meals out for dinners at friends house and cheap nights in, so pleased abut that.

Grateful April
For the pending marriage to my lovely fianc!e
For the tulips and the camellia in our little garden (first time the flowers have really been out here!)
For the bank holiday! Amuch needed break from work and time with my family
Saving Total 1st Jan 2017: £47,819.92 | 23rd Jan 2017: £49,611.38 | 28th Feb: £50,461.97 | March 2017 : £51,786.13 | April 2017: £53,251.52| May 2017: £54,219.71 | June 2017: £55,857.73 | Nov 2017: 53,375.46 Savings Goal: £100k:j £46,624.54 To go!

Replies

  • LeighofMarLeighofMar Forumite
    459 Posts
    100 Posts Second Anniversary Name Dropper
    ✭✭
    Welcome. It sounds like you have all your bases covered. Nothing beats making your home feel cozy. Congrats on the house, the honeymoon, and the traveling.
    Mortgage start date Dec 2015 - $64,655.00
    Mortgage end date Dec 2045 - NOT!!!!
    Mortgage balance end of July 2021 - $28,550.00
    Hope to be mortgage-free by 2023 
  • beanieloubeanielou Forumite
    77.9K Posts
    Part of the Furniture 10,000 Posts Mortgage-free Glee! Name Dropper
    ✭✭✭✭✭✭
    Happy shiny new diary :)
    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.***
  • kittenkickskittenkicks Forumite
    29 Posts
    Fifth Anniversary 10 Posts
    Thanks so much folks. Looking forward to holding myself accountable on here. There's such a good community of people on here. Cheers for being so welcoming
    Saving Total 1st Jan 2017: £47,819.92 | 23rd Jan 2017: £49,611.38 | 28th Feb: £50,461.97 | March 2017 : £51,786.13 | April 2017: £53,251.52| May 2017: £54,219.71 | June 2017: £55,857.73 | Nov 2017: 53,375.46 Savings Goal: £100k:j £46,624.54 To go!
  • NicheletteNichelette Forumite
    2K Posts
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    ✭✭✭
    Happy new diary, and congratulations on upcoming wedding :)
    Finally bought a home
    Starting mortgage £289,500 31.01.19 - Current outstanding £230,859.00
    MFW #86 - 15k overpaid in 2020 / aiming for 12k in 2021
    Overpayments since 27.03.19: £38,788.10
  • BachSoonBachSoon Forumite
    172 Posts
    Welcome :) you have an exciting journey ahead by the sound of it, I shall follow with interest!
  • KittenkirstKittenkirst Forumite
    2.5K Posts
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    ✭✭✭✭
    Happy new diary! Sounds like you have an exciting year planned :)
    We are very much the same as you; live frugally but spend intentionally on memory making/travel and family :)

    Best of luck in your overpayments quest!
    First home- Oct’16 until June’21: £170.995- Overpayments made £13,784 (25% extra!).
    New forever home- Sep’21 £309,449 @ 2.05%. Plan to clear it before 30 years!!!!!!
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