📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Learning to walk before I run

18990929495298

Comments

  • Karmacat
    Karmacat Posts: 39,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    25% upfront is normal round here ... I can understand that a builder's put a high % on if they haven't done it before.  I hope it all works out!
    2023: the year I get to buy a car
  • savingholmes
    savingholmes Posts: 28,912 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Did you pay it on a credit card for the protection?
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £175.8K Equity 32.38%
    2) £4.3K Net savings after CCs 13/5/25
    3) Mortgage neutral by 06/30 (AVC £20.6K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 26.3/£127.5K target 20.63% updated 16/5
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.4K updated 16/5
  • edinburgher
    edinburgher Posts: 13,759 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 7 July 2022 at 8:50PM
    Did you pay it on a credit card for the protection?
    I've never met a builder in my puff who took credit cards? Seems to be localised to MFW
  • edinburgher
    edinburgher Posts: 13,759 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 8 July 2022 at 8:17PM
    A spendy day. After 4 days of strict dieting (I lost 5.5lbs), I had a bit of a break. I took the family for a big cooked breakfast at a fancy cafe favourite, 2 doughnuts, some crisps and a single whisky and Coke :o (across the day, not all for breakfast)! Back to starvation rations tomorrow.

    £7.44 paid into my SIPP (£9.30 after tax relief)
  • savingholmes
    savingholmes Posts: 28,912 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Wow at losing 5.5lbs in 4 days! Not surprised you wanted a break. Starvation rations doesn't sound healthy. Are you at least choosing nutritious, tasty food?

    I am doing SW - and experimenting with time restricted eating to to reduce my food intake and improve its quality...
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £175.8K Equity 32.38%
    2) £4.3K Net savings after CCs 13/5/25
    3) Mortgage neutral by 06/30 (AVC £20.6K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 26.3/£127.5K target 20.63% updated 16/5
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.4K updated 16/5
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.5K Banking & Borrowing
  • 252.9K Reduce Debt & Boost Income
  • 453.3K Spending & Discounts
  • 243.5K Work, Benefits & Business
  • 598.2K Mortgages, Homes & Bills
  • 176.7K Life & Family
  • 256.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.