The Mortgage Free in Three - Take 6 challenge (MFiT-T6)

Tiredbutdetermined

I have submitted my update. I joined as the challenge started on the day I received my mortgage offer so it seemed like fate. However, my ex-husband wouldn’t sign the transfer forms and used them as a bargaining tool. Update 1 was a bit rubbish as I was stuck in the old mortgage and I thought update 2 would be too but my mortgage finally went through on Monday. 

My mortgage advisor said I couldn’t overpay until after my first payment, which I was gutted by as the new mortgage was for the balance in January so I would have gone backwards for the purposes of this challenge. However, I have spoken to them today and they were lovely. I have paid the difference plus a tiny bit extra today so at least I am not further behind! I have also changed my monthly payment to overpay by £100 per month so at least I can now really go for it with this challenge now.

julicorn

Congratulations on your mortgage going through @Tiredbutdetermined, and I appreciate the hoops you jumped through to be able to post an update today!  

Bella_Budget

Have submitted my update and I think I might have gone backwards from my starting position due to majority of savings that I'm using to offset being in stocks. Just need to grit my teeth and keep going and hope it works out in the end.

pavlovs_dog

well that 3 months went rather quickly!  Looking forward to seeing everyone's progress.  Thanks as ever to @julicorn for all of your hard work behind the scenes

Cheery_Daff

I've submitted my update, although I don't think I've made any overpayments in the last few months at all. We decimated our savings having some building work done, and so we're prioritising building a decent buffer back up before starting regular overpayments again. Staying in the challenge though, because I'm hoping I'll be back to overpaying well before the 3 years are up!

julicorn

I just wanted to say thank you all so much for submitting your updates already! Just waiting on a few more, and will post the latest spreadsheet tomorrow  

powerspowers

Thanks Julicorn, you are a star ⭐️ 

julicorn

I've just updated the spreadsheet Thanks again so much for all your updates!

I'm keeping the updates all on one sheet this time round, but with different tabs for the different quarters: With a bit of luck, this link should take you directly to the July update tab. 

Tiredbutdetermined

Thank you @julicorn.
I am determined to be out of the yellow for October’s update

Cheery_Daff

Thanks Julicorn 😊

Yellow for me, as expected - but I did find out today that I've been promoted, so hopefully at some point I'll be able to start making overpayments again!