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Returning to MFW, my elusive unicorn!

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  • savingholmes
    savingholmes Posts: 28,932 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Good luck with the interview and with remortgaging.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £3K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £22.5K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 28.2/£127.5K target 22;12% updated 6/7
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.6K updated 6/7/25
  • coldcazzie
    coldcazzie Posts: 1,407 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Good luck with the interview and with remortgaging.
    Thank you! :cool:

    The roof. We contacted someone to come out when it started leaking last year. Waited for them to come and inspect. Never showed. Contacted the bloke who did next door's roof replacement. After a small delay (he fell off his van and had some time off) he came and inspected it, gave us a quote and said he'd be out later on that week to fix it. That was the week before Christmas. We have been in touch and he said he's coming "definitely this week" since the new year. We're writing him off too. Left a message with someone else this morning; hoping they'll ring me back soon. Third time lucky maybe? Maybe not. Feeling rather fed up.

    (A friend offered me the delightful feedback of "it's the wrong time of year for anything that isn't an emergency, can you wait until summer?" :mad: no, because it IS an emergency. Good job that was over the internet and not in person or I may have thumped him :rotfl: )

    The ceiling in the small bedroom will need completely replacing, plus probably some sections of wall replastering.
    Rule 7: If you're not changing it, you're choosing it.
    MFW 2020: 1 Jan £92903.90 ~ OP £536.80/£500
    MFW 2021: 1 Jan £89281.21 ~ OP £404.62/£500
    MFW 2022: 1 Jan £85579.20 ~ OPs on hold.
  • coldcazzie
    coldcazzie Posts: 1,407 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    The interview went about the way I thought it would: the hours would have been really inconvenient and there weren't any others available, and having explained that I'd also be juggling home ed and my own business we all agreed that it wouldn't work out at this point in time. However, they are keeping my number and if something comes up in the next year or so with a condensed week instead of a few hours per day, they are going to ring me.

    Payday tomorrow. Need to do some shuffling of money from savings because the boychild is getting a desktop for his birthday so we've been buying parts. Things are looking stable for now.
    Rule 7: If you're not changing it, you're choosing it.
    MFW 2020: 1 Jan £92903.90 ~ OP £536.80/£500
    MFW 2021: 1 Jan £89281.21 ~ OP £404.62/£500
    MFW 2022: 1 Jan £85579.20 ~ OPs on hold.
  • coldcazzie
    coldcazzie Posts: 1,407 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    coldcazzie wrote: »
    Current Goals
    New front door: currently about 45% of target.
    Plan a holiday?!
    Find out what the heck is going on with the roof. Potentially cry about this.

    Current Goals (Adjusted)
    1. New front door. We are currently half way to our saving target of £2060. Great right? No. Because of number 2 below. We enquired and we can't cancel the contract. However, they do offer interest free finance over 2-3 years, which may turn out to be our best option (not one I like, but the lesser of two evils). On the other hand, we still get a pretty new front door? Yay?

    2. The roof. Have now had 2 companies come and inspect and give us quotes. There are several cracked tiles and the mortar around the ridge tiles on the front hip is completely shot. Like, you can lift the ridge tiles right off the roof with a finger :eek: £600 for emergency patching asap, and the whole thing needs replacing this summer. Therefore, we will need to use the money we have saved towards the door to cover the emergency work, because the boy is sleeping in a mouldy bedroom. Plans are to get one of those companies back to make plans and quote for a loft extension at the same time as replacing the roof, then take those quotes to our mortgage company when we remortgage and borrow the extra to cover it.

    3. [STRIKE]Plan a holiday[/STRIKE] LOL :rotfl: :rotfl: yeeeeaahh, that's not gonna happen...
    Rule 7: If you're not changing it, you're choosing it.
    MFW 2020: 1 Jan £92903.90 ~ OP £536.80/£500
    MFW 2021: 1 Jan £89281.21 ~ OP £404.62/£500
    MFW 2022: 1 Jan £85579.20 ~ OPs on hold.
  • coldcazzie
    coldcazzie Posts: 1,407 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    High winds last week = no roof work has been done...and now we have a storm moving in. Desperately hoping the winds don't take any of the tiles off the roof this weekend.

    In other news, I'm not sure about the new forum appearance... :neutral:
    Rule 7: If you're not changing it, you're choosing it.
    MFW 2020: 1 Jan £92903.90 ~ OP £536.80/£500
    MFW 2021: 1 Jan £89281.21 ~ OP £404.62/£500
    MFW 2022: 1 Jan £85579.20 ~ OPs on hold.
  • Grogged
    Grogged Posts: 866 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    Fingers crossed about the roof this weekend...
    If it's not adding up, compound it!
  • coldcazzie
    coldcazzie Posts: 1,407 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Grogged said:
    Fingers crossed about the roof this weekend...
    Roof tiles are still in place, thankfully! Bedroom is getting more and more wet though :neutral: ringing to get an update on when the repairs may happen is on my to do list for today.

    * Yesterday I began a sort out of the filing cabinet. Among other things, I shredded a tenancy agreement from 2004 lol
    * Switched onto a new mortgage rate today, which will take effect from March 1st and save us £112 pcm. Wish I had realised how easy that was to do online; I'd have done it ages ago and saved us loads of money over the past couple of years. Live and learn I guess!
    Rule 7: If you're not changing it, you're choosing it.
    MFW 2020: 1 Jan £92903.90 ~ OP £536.80/£500
    MFW 2021: 1 Jan £89281.21 ~ OP £404.62/£500
    MFW 2022: 1 Jan £85579.20 ~ OPs on hold.
  • Having a leaking roof is the worst! There was a leak in the roof of the house we purchased. By the time we got round to completing and getting the house in December (we viewed and offered in May), part of the bedroom ceiling had come down. We fixed that issue a few weeks ago. No more leak there :smiley: however, the weather this weekend showed us there were a couple more tiles in the roof that were cracked and were allowing rain through so now have to fix that. So I fully feel your pain! 

    Fingers crossed your roof gets sorted soon! 
    Mortgage start: £121,500 Dec 19
  • Grogged
    Grogged Posts: 866 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    edited 20 February 2020 at 9:47PM
    Sorry you've got an unintended wet room 😕

    It's amazing how easy it is to remortgage. Are you putting the savings towards the roof repairs?
    If it's not adding up, compound it!
  • coldcazzie
    coldcazzie Posts: 1,407 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    @Grogged no, we already have the money for the roof repairs (taken from the money we had saved towards the new front door), but the money will certainly be going into savings. We've just had to pay £120 for the Biggest Small to sit an exam though, so the first month will probably pay for that!

    @Bennettxoxo we are very much reliant on the weather clearing up, and with this new storm blowing in this weekend it seems unlikely (although not impossible) that it will be next week; more than likely to week after. I feel sad/worried for the Medium Small having to sleep in a bedroom with a growing mould patch :disappointed: we already knew that section will have to be replastered and the ceiling redone. It's just frustrating that you have to do the work in the right order when the first thing on the list is being delayed. Darn weather! *scowls at sky*
    Rule 7: If you're not changing it, you're choosing it.
    MFW 2020: 1 Jan £92903.90 ~ OP £536.80/£500
    MFW 2021: 1 Jan £89281.21 ~ OP £404.62/£500
    MFW 2022: 1 Jan £85579.20 ~ OPs on hold.
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