Powers’s mortgage free thread

Grogged

It can sometimes feel like a game of brinkmanship, but I'm sure you're on the case.
Hopefully you'll exchange today.
ATB, G.

powerspowers

Grogged said:

It can sometimes feel like a game of brinkmanship, but I'm sure you're on the case.
Hopefully you'll exchange today.
ATB, G.

Yay! Managed to exchange today, everything feels a lot less stressful now. Will update on the money side when I know what’s what 

Grogged

My Uri Geller mind control works! 😆

powerspowers

Grogged said:

My Uri Geller mind control works! 😆

It must have done!! We’re all in now, smoother than expected given how chronically disorganised the seller is. 

The house is in a state, needs a complete top to toe scrub, paint,carpets upstairs. The boiler has been condemned (which we knew in advance and had cash back organised through the solicitor). Then we quickly discovered on moving in that the toilet doesn’t flush at all 😳, quick call to plumber and he was here in 30 mins 🦸‍♂️ complete new innards, £110 

despite all that, I’m so pleased. We’ve made such a good decision and it’ll all be ours (soon enough, all being well). 

The kids haven’t seen it yet as it’s mums weekend but they’re coming by this morning to have a look. They’ve already been primed that they have very pink bedrooms but get first call on decorating (youngest lad said “I like pink but not all pink!”). Hope they love it as much as OH and I do 🤞

happy new house day to us! 

FtbDreaming

Brilliant news congratulations! probably good it’s their mums weekend. Gives you chance to get things cleaned and organised before they’re back. I’m sure they will love being able to choose their own new rooms! Well done. 

Grogged

Fantastic news that you're in and love the place, even if it needs a bit of TLC.
It always takes time to make a home yours, no matter how good or bad it is.
Good luck on the start of your new journey!

powerspowers

Some money musings before starting on jobs for the day. House stuff budget is looking ok but the boiler quote is really stretching it. OH has done amazing at sourcing second hand furniture and the trailer is very busy atm. We’ve decided to put the shed-office dream off until next year, which gives us chance to save and also reflects by much time we need to spend getting the interior of the house sorted. 

We’ve also made a decision on the wedding plans and are going to push for the bigger wedding rather than the scaled down covid version. It’s been too long since we’ve seen people, danced! It feels like the right decision. However, the wedding pot has been neglected of late so this needs topping up by £2-3k to cover the higher costs of venue and food. 

We both have savings of around £6k each which feel like a comfortable buffer but we don’t really want to drop too far below this. So we’ve made the decision to put mortgage overpayments on hold until after the wedding. 

I still can’t work out what’s due back from the house sale and I’m planning on selling my (much loved but not used) car, so finances may change. 

Anyway best crack on, T is banging something so I’m a bit concerned 😦 

powerspowers

And the numbers:
total owed £120,038
part 1 £54,102 at 1.49% fixed until 31/07/22
part 2 £65,936 at 1.72% fixed until 31/05/26
Mortgage term 19 years and 3 month. Mortgage free date- Sept 2040 😱

powerspowers

I’m just taking stock of things now we’ve  had our first week in the new house. I can’t believe how much we’ve spent in a week, around £4K on removals, boiler, furniture and bits and bobs that all add up! 

House savings are now down to £380 but we still have the proceeds from the sale to materialise and £2500 left owed to us by family member. 

The only spends from my account so far have been half a tank of fuel so that’s a positive! 

We’ve managed to get the kitchen sparkly clean and freshened up with a coat of brilliant white. My sister helped me scrub the bathroom and bought us a mrs hinch style hamper (much appreciated but I can’t say I’m taking up cleaning as a hobby just yet!). Today’s mission is to get rid of all the dust bunnies and T has a day of diy lined up which I want to try to learn from, I tend to leave the diy to him but I want to at least master some basics! 

T had done some overtime last month which had gone in the savings pot and treated the boys to a trampoline- my stomach hurts to laugh now! He’s also ordered a wild life cam as there’s a fox den under the shed. Maybe not essential purchases but making the most of having our own outdoor space, which was one of our drivers for moving. 

Enjoy your bank holiday everyone! 

powerspowers

money update
moved £200 from joint and £150 from me into the wedding pot. Also added the ingredients for our wedding cake to the supermarket shop which will hopefully be money saving rather than a big mess 😂