2021 Mortgage-Free Wannabes

f0xh0les

eternal_sunshine said:

this is probably a silly question,

No such thing!

My fixed rate ends 31st July 2022 so would that actually mean I could OP 1000 now for example,and then come august 2021 pay another 1000 as it’s a new year?

You need to ask your provider when they run it from, some do start of year (Jan) some do financial year (April) some do start date of mortgage.

When you are out of the fixed rate, you could pay your max o/p for the year, switch to another fixed rate (even if only fixed for a year), and then as it is technically a 'new product' you could o/p the max payment again. 

FtbDreaming

#26 with an April overpayment of £214.92 bringing me down to £66,999!!!

Could I lower my target to £2500 please? I hadn’t really decided what I was doing at the start of the year but a kitchen is on the cards for this year. Thankyou x

eternal_sunshine

eternal_sunshine said:

julicorn said:

eternal_sunshine said:

I would love to join this but am tied into a fixed rate mortgage where I can only op £1000 this year-this ends next year and that’s when the overpayments will be much bigger,should I just wait and join the 2022 thread next year?

£1,000 is great, there are people with smaller and larger goals taking part in this challenge, but it all adds up  
I've given you #124, welcome on board!

Thanks so much Julicorn!

do you (or anyone else) know how I can get onto page 1 on an iPhone apart from
clicking back on all the pages? The new layout doesn’t seem particularly user friendly on iPhone and the spreadsheet is on page one so would be handy to view it

Hi Julicorn,you allocated me 124 but just checked the sheet and looks like I’m actually 130. I mentioned a £10 overpayment the other day but used 124 as the reference-not sure if you have added that to the person on 124 or not but just giving you a heads up-can I assume going forward that 130 is my number?

thanks and sorry for being a pain!

twinklie

No. 6 another OP of £35 today.

bit_by_bit

Hi Julicorn and all MFW's.

#87 checking in to report that I now have my letter from the BS and can now confirm that I am mortgage free. YAY!!!! 😁

Thanks Julicorn for keeping this challenge running, it has really helped focus my mind since joining a few years ago. 👏

All the best to everyone else on this rollercoaster. Hope you all get off sooner than planned. 

 

jennystarpepper

bit_by_bit said:

Hi Julicorn and all MFW's.

#87 checking in to report that I now have my letter from the BS and can now confirm that I am mortgage free. YAY!!!! 😁

Thanks Julicorn for keeping this challenge running, it has really helped focus my mind since joining a few years ago. 👏

All the best to everyone else on this rollercoaster. Hope you all get off sooner than planned. 

 

Congratulations 

Sistergold

bit_by_bit said:

#87 popping by to note that I have paid off my mortgage today. In fact a small amount of money will be due back to me I think. Anyway. £16,423.61 paid over. Not cleared until I get the letter which I hope will be next week.
HOORAH!!!!!!!!

🥳🥳🥳🥳🎉🎉🎉🎉 well done ! 

ilselm

bit_by_bit said:

Hi Julicorn and all MFW's.

#87 checking in to report that I now have my letter from the BS and can now confirm that I am mortgage free. YAY!!!! 😁

Thanks Julicorn for keeping this challenge running, it has really helped focus my mind since joining a few years ago. 👏

All the best to everyone else on this rollercoaster. Hope you all get off sooner than planned. 

 

Awesome! Well done 👍 

ilselm

Hello. It’s #24 here with a further mid month payment of £400. This makes it £1,500 total for April and £5,500 year to date. 

Could I please increase target to £16,501 as hitting this would bring balance down to sub £100k (again). It’s ‘again’ because I had to pull some out from the offset over the summer due to a more expensive than budgeted house renovation project. 

Onwards and downwards, even though at times it feels like I’m swimming  🏊‍♀️  in treacle. Hope everyone is enjoying the decent weather. Thanks, 

Sistergold

Hello all MFW
#47 just reporting OP of £540 for April. 

Thanks @julicorn!