Learning to walk before I run

Suffolk_lass

Visiting the St James's Park penguins is free too, and not too far from the river taxi stop by the Millennium Wheel (that LWAP mentioned), via Parliament Square (and Westminster Abbey), when you visit London. Walking down from Trafalgar Square, via The Mall, down Horseguards Road. All free!

We have just withdrawn the last of DH's DC pension capital that we have specifically drawn down in the 4 whole tax years between him giving up work and us being eligible to draw state pensions, which (I think) is what your SIPP is targeting

savingholmes

I think putting it in your EF will bring you extra peace of mind. So annoying about the holidays - I'd be livid.

LadyWithAPlan

edinburgher said:

@LadyWithAPlan - could be paid into SIPP - employers pension not a thing for a couple of factors. I'd rather have the time, got a small preserved DB pension, current DB pension and a useful wee wodge in a SIPP already

I  understand - course if they are being awkward.... I have an old db from many years ago but no employers pension since so I know v little about them - sounds like you are on it though I do know a fair bit about sipps tax advantages  - fun to add to and see it  go up  and my ltd co tax bill go down ..;)

edinburgher

Damnation, got a letter from the mortgage lender this morning, mortgage going up by another £132/mth from January December must have been partially recalculated. Is there any bloody end to it? Payment up by just under 70% since November.

savingholmes

How frustrating for you. Sounds a worrying time.

teapot2

70% increase is a scary figure, thats concerning,  Will you have to recalculate your budgets again?

edinburgher

@teapot2 - not sure there's any more room to recalculate, have already hacked to the bone. This may require more detailed changes. Mrs E and I are talking about introducing an extra meat free day a week and moving onto instant coffee.

CathT

Oh crikey that's a big increase on the mortgage payment. We're just being constantly squeezed aren't we. Hope you can find away to balance the budget. 

Watty1

Goodness that is quite a hike.  You have however already spotted saving areas which is cool.  

killerpeaty

That's a huge amount. Is there anyway of getting the mortgage company to extend your mortgage? I know it's not ideal but in the future you might be able to claw it back when you have more breathing space.