We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
In the Meantime
Comments
-
They are putting the price UP by £100?! What a flaming liberty! You are quite right to walk away! Well done on the house decision; standing by for updates. Love Humdinger xx3
-
Positive vibes
I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.3 -
Best of luck for the house.
Cancelling the holiday sounds the right decision for this moment in your life.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.8K Net savings after CCs 13/9/25
3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
(If took bigger lump sum = 54.5K or 42.7%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise)
(If bigger lump sum £15.8/30K 52.67%)
5) SIPP £4.8K updated 13/9/251 -
@jwil @Skint_yet_Again @24ta @beanielou @savingholmes @Humdinger1 thank you
Yesterday was back and forward with the EA. I am being pushed on the price. I increased the price by £750 but that is it. I am standing firm simply because I can't realistically go higher. Even if I get it at the price on the table I will have a four figure sum to find from somewhere. I will hopefully know more today. I also found out the vendor will be chain free too. If I take a small loan it will still be better in the long run than taking a larger lump sum from a DB pension and leaving myself with a smaller income forever.
I am exploring a minimum wage job, part-time, so I can save more. The more I save the less I I will have to borrow if this house happens. If it doesn't, being busy and structured and having more savings can only be good
I heard someone say: the best way of making your dreams come true is to wake up. I am awake on this one!
Today I am meeting a friend for a walk in a cemetery. Sounds odd, but it is a beautiful, wild oasis teeming with wildlife.
Have a good day everyone
If you have built castles in the air, your work should not be lost; that is where they should be. Now put the foundations under them
Emergency fund 800/1000
Buffer fund 0/100
Debt Free (again) 25/0720255 -
I hope you get some positive news on the house. Enjoy your day."Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee2
-
Positive vibes your way.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.3 -
A snippet in today's Mail said that house prices have fallen by 5%, so hold firm!What would you get if all you got was what you were thankful for?3
-
Hi there DIA. Not been on here for ages.
Good luck with the house. If it's meant to be it will happen, if not, the best is yet to come. You have a great advantage as you are ready to proceed and there is no chain. Hold out for what you want, you never know it might happen.
Hope you enjoyed the cemetery walk. Me and Mr Boo Boo enjoy walking around the one where his Mum and Dad have a plaque. So interesting to look at names, ages and gravestones. There are war graves there too. Hope you get to see the wildlife. Apparently the rabbits don't like chrysanthemums.
Take care and have a good weekend. It's going to rain 😞4 -
Fingers crossed the offer is accepted🤞If not there’s always a next time.I get knocked down but I get up again (Chumbawamba, Tubthumping)4
-
Good luck with it all. I am on the other side of the fence currently and that's scary too so can relate to your and the seller's side.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.8K Net savings after CCs 13/9/25
3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
(If took bigger lump sum = 54.5K or 42.7%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise)
(If bigger lump sum £15.8/30K 52.67%)
5) SIPP £4.8K updated 13/9/252
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards