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It will be a marathon not a sprint - but still a MF Wannabe!

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So, I started a MFW diary 3 years ago and it seems I managed two posts and that was it!
So why try again now? - well, we are just waiting for the paperwork to come through for our remortgage (our 5 yr fixed finishes this month) and given lockdown etc it's given me the time to play around with some numbers and think about our future goals and plans etc.
So, the current scenario, our family is complete - me, DH and 2 children (both under 10yrs), our home will be our home for many years to come, we will still be here when the new mortgage is due to end in 20 years! Would love to get rid of it well before then!  Given my job, I tend to deal with the finances, and have spreadsheets, budgets and pots for alsorts of things :smiley: and hubby just tends to go with the flow!
So current list of things still on the to do list:-
1 - complete remortgage - spoke to new mortgage co today, they are sending out mortgage offer in post this week
2 - Update spreadsheets once standard mortgage payment is confirmed and start thinking out regular overpayment amounts
3 - Change bank accounts - long overdue, but have put it off as current bank has lots of 'pots' which I love
4 - Review and finalise Wills - so we have these in draft, just need to sit down and read through and make sure we are happy with them

Well, that will do for my first post, must go and get some ebay parcels ready for hubby to post. :smile:

Comments

  • LadyGnome
    LadyGnome Posts: 801 Forumite
    Ninth Anniversary 500 Posts Name Dropper Combo Breaker
    Welcome and good luck. 
    MortgageStart Nov 2012 £310,000
    Oct 2022 £143,277.74
    Reduction £166,722.26
    OriginalEnd Sept 2034 / Current official end Apr 2032 (but I have a cunning plan...)
    2022 MFW #78 £10200/£12000
    MFiT-6 #28 £21,772 /£75000
  • MrsH2015
    MrsH2015 Posts: 14 Forumite
    Fifth Anniversary Combo Breaker First Post
    Ladygnome - thanks!  I'm under no illusion - I will be for quite some time! :smile:
  • wh_em
    wh_em Posts: 153 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    Good luck!
    Original settlement date: Dec-54 Projected: Jul-55 (due to 3 month mortgage holiday!)
  • LeighofMar
    LeighofMar Posts: 672 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Happy new diary.
    Mortgage start date Dec 2015 - $64,655.00
    Mortgage end date Dec 2045 - NOT!!!!
    Mortgage balance  - $4600.00
    Business Savings $43,310/100k
    Hope to be mortgage-free by end of 2023 
  • MrsH2015
    MrsH2015 Posts: 14 Forumite
    Fifth Anniversary Combo Breaker First Post
    Thank you!
    We are off to a good start, remortgage paperwork has arrived, all now signed to be returned.  It can't start til 1 July due to existing fixed rate period but should hopefully be all good to go!
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