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SLLM (Single Lady Large Mortgage)

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  • HelloB
    HelloB Posts: 60 Forumite
    Fourth Anniversary 10 Posts Name Dropper
    @Sistergold Hurrah for the OP and rounding it off!
  • Sistergold
    Sistergold Posts: 2,136 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Good morning ladies 
    The initial plans have now come. The downstairs was not really what I asked for. He had also promised to give me two drafts but he only did one. Called him to highlight that the ground floor was much different from what I asked for etc. So I am to make comments and draw what I wanted? Am a bit disappointed but let’s see how he does. 
    Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • dawnybabes
    dawnybabes Posts: 3,403 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I’d absolutely tell them, you’re paying a lot of money for this - I’d be drawing all over it. 
    Sealed pot challenge 822

    Jan - £176.66 :j
  • Sistergold
    Sistergold Posts: 2,136 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    HelloB said:
    @Sistergold Hurrah for the OP and rounding it off!
    🥳
    Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • Sistergold
    Sistergold Posts: 2,136 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    I’d absolutely tell them, you’re paying a lot of money for this - I’d be drawing all over it. 
    I have drawn all over his drawings and brought him back to what I asked for. 
    Let’s see what he does! 
    Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • Sistergold
    Sistergold Posts: 2,136 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Just an update
    Managed to send £1250 to building fund today, taking the total to £10251.14 so £89748.86 to go! 🥳🎉🎉🥳
    Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • Sistergold
    Sistergold Posts: 2,136 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 25 August 2020 at 9:56AM
    Update ladies
    Good news, the architect was very obliging and he has quickly taken into consideration my everything on my wish list. The only omission is a door to the outside from the utility room which can easily be rectified. Now I actually love both plans and am not sure which to go with? It’s a good dilemma though! 
    Below are the two proposals 

    Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • HelloB
    HelloB Posts: 60 Forumite
    Fourth Anniversary 10 Posts Name Dropper
    @Sistergold How exciting! I love both options. Option B seems to provide a bigger utility area, so personally that'd be my pick. But well done overpayments and allocating more into the building works fund. Doing a great job in keeping up the momentum!


  • Just checking in on your progress - you are really getting on with it! I think I would go for the slightly bigger utility too, how brilliant that you're having a lift. Well done for making so much progress so quickly, I'm impressed particularly as I've just come to a standstill of indecision  :) 

    @Sandyra I love the balcony, those chairs look really comfy.  
    Mortgage overpayments 2018: £4602, 2019: £7870
    Mortgage overpayments 2020: £4620
    Mortgage 2017 £145K, June 2020 £112.6k:o
  • Sandyra
    Sandyra Posts: 293 Forumite
    Tenth Anniversary 100 Posts Name Dropper Cashback Cashier
    Hi All
    Sorry been away for too long, why do bad things happen in 3?

    @Sistergold wow :o , things are coming along, as someone who did CAD drawings for my job prior to teaching and then teaching it to students, I'm glad you managed to get the alterations/ modifications; its a tailored/ bespoke service. Like @HelloB I'd be inclined to go with option B, as overall the space it gives and the cost/labour I would have thought would be negligible in regards to that utility area.

    Well done on OPs, unfortunately I have taken Rishi at his word and spent Mon-Wed eating out to help out, so no extra OPs, thank god it finishes next week  :D. I've also reduced my EF and OP target as somethings have taken an unexpected turn.

    Thanks @sofarbehind - old cheap B&M ones with a bit of sandpaper and metal paint, spruced up in hours, cushions from ikea and covers from Amazon.


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