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Climbing the Mortgage Mountain step by step

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  • Hi, @savingholmes, no ominous reason, we've just decided to elope, save all of the hassle plus the main thing is we want to get married and didn't want to plan something which we then had to risk cancelling due to covid or travel disruptions.  We are both so excited for next week, we are having all of the 'normal' wedding bits, private chef, cake, hair and make-up, top photographers etc.  We are going to keep it quiet until we get back home and then let everyone know.  At present just my parents and my daughter know.
    Mortgage (Nov 20- NOV 39)  originally £130,999 (Interest only) NOW £102,732 (approx 78% equity)
    Over payments 2020 £750/£750 (Mortgage payments only start Dec 2020)
    Over payments 2021 £9,000 /£9,000  Over payments 2022 £7,629/£9,000 (£1,371 short of target)
    Over payments 2023 £2,620/£9,000 (£6,380 short of target)  Over payments 2024 £5,406/£11,000
    Over payments 2025 £2,862/£5,600  (fix rate exp Dec 2025)
    Loan £12419
    Total Savings £4376
    Premium Bonds - £963
    YBS Xmas Regular Saver - £1200

  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    A friend of mine pretty much did that - just had a meal for about a dozen and left it there and that was way pre-covid
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • Hi All

    Phew today's a scorcher isn't it?  My last day at work before our wedding!  I've paid the final invoice from our private chef, a platter for 4 people, beautiful 3 course meal for us and a cake for £225, I think that's good.  Just need to pack now and get ourselves there, we're so excited but it feels a little unreal as there is none of the last minute drama or hassle.  Can't wait to announce our marriage when we get back next weekend.

    We're getting a small shop tonight, make sure DD has all she needs for next week.  I've been on a bit of a mission this week to use up bits and bobs from the fridge so we had pizzas with allsorts thrown on them, had no mozzerella so used ends of stilton and halloumi, they were surprisingly nice.

    Plans for DDs 18th are falling in to place, tattoos booked, I'm going to ask our chef at work to make her her favourite carrot cake and get a topper etc for it.  Just need to book the train tickets and spa, will do that this weekend.

    So I'm signing off until after our wedding.  Money Saving and Calorie Counting are suspended for the next week or so.  

    Have a great weekend

    MvTMM
    Mortgage (Nov 20- NOV 39)  originally £130,999 (Interest only) NOW £102,732 (approx 78% equity)
    Over payments 2020 £750/£750 (Mortgage payments only start Dec 2020)
    Over payments 2021 £9,000 /£9,000  Over payments 2022 £7,629/£9,000 (£1,371 short of target)
    Over payments 2023 £2,620/£9,000 (£6,380 short of target)  Over payments 2024 £5,406/£11,000
    Over payments 2025 £2,862/£5,600  (fix rate exp Dec 2025)
    Loan £12419
    Total Savings £4376
    Premium Bonds - £963
    YBS Xmas Regular Saver - £1200

  • Jessy103
    Jessy103 Posts: 2,246 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Have a fantastic wedding day! Congratulations and all the best ❤🎉🍾
    Mortgage Balance as of July 2025 £14,900.
    Starting Mortgage Balance (June 2019) £72,000.
    Aiming to be mortgage free by my 40th birthday, June 2026!
  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Congratulations. Have a lovely time!!!
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • Cornish_mum
    Cornish_mum Posts: 669 Forumite
    Fifth Anniversary 500 Posts
    Have a wonderful wedding! It sounds fantastic CM
  • Me_v_The_Mortgage_Mountain
    Me_v_The_Mortgage_Mountain Posts: 395 Forumite
    Fourth Anniversary 100 Posts Photogenic Name Dropper
    edited 28 June 2022 at 8:36AM
    Hi All

    Just a quick catch up.

    Thank you @Jessy103 @savingholmes and @Cornish_mum for the good wishes.  We had a fabulous time, the venue etc were all incredible, even better than we thought.  Our chef produced some lovely food and an amazing cake, the weather was glorious and I even went for a couple of swims in the lake, we were in a happy little bubble for the whole 4 days and definitely did not want to come home on Friday.  We rang family and friends on Friday before going public with a facebook post and have had so many lovely messages.  We are waiting for the professional photos now which will be about 2 weeks.  Back to work today but nothing is going to dampen my happy mood!

    I'll catch up in full in a couple of days but need to crack on with work now.

    MvTMM


    Mortgage (Nov 20- NOV 39)  originally £130,999 (Interest only) NOW £102,732 (approx 78% equity)
    Over payments 2020 £750/£750 (Mortgage payments only start Dec 2020)
    Over payments 2021 £9,000 /£9,000  Over payments 2022 £7,629/£9,000 (£1,371 short of target)
    Over payments 2023 £2,620/£9,000 (£6,380 short of target)  Over payments 2024 £5,406/£11,000
    Over payments 2025 £2,862/£5,600  (fix rate exp Dec 2025)
    Loan £12419
    Total Savings £4376
    Premium Bonds - £963
    YBS Xmas Regular Saver - £1200

  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    So pleased for you that it went well and you had a great time
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Congratulations .All sounds wonderful
  • Hi All

    I can't believe a week ago today we were driving home from our wedding and planning how to make the announcement.  We're still on a bit of a high and I'm sure are driving people mad with all of the wedding talk, my friends can't believe that I managed to keep it quiet!

    It was payday yesterday so I need to update my signature after the payments are made.  DDs 18th this month so another expensive one and I'm planning on trying to keep other shopping to a minimum.  Now that we have received the marriage certificates I also need to send off to get my passport and driving licence updated and my name changed and then start advising everyone else and amend my will, more expense!  I know my savings have taken a bit of a battering with the wedding etc so I'll be interested to see where I am now.

    Is anyone else having issues with the British Gas app?  I like to update my meter readings at the end of each month but for weeks now I keep getting a message that they are unable to display my meter readings and to try again later, very frustrating, especially in these times of high energy costs.

    Will check back in and update all figures asap.

    MvTMM
    Mortgage (Nov 20- NOV 39)  originally £130,999 (Interest only) NOW £102,732 (approx 78% equity)
    Over payments 2020 £750/£750 (Mortgage payments only start Dec 2020)
    Over payments 2021 £9,000 /£9,000  Over payments 2022 £7,629/£9,000 (£1,371 short of target)
    Over payments 2023 £2,620/£9,000 (£6,380 short of target)  Over payments 2024 £5,406/£11,000
    Over payments 2025 £2,862/£5,600  (fix rate exp Dec 2025)
    Loan £12419
    Total Savings £4376
    Premium Bonds - £963
    YBS Xmas Regular Saver - £1200

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