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Hope you get the family all talking again soon. Could you lock them in a room together and run away to York???Mortgage start: £65,495 (March 2016)
Cleared 🧚♀️🧚♀️🧚♀️!!! In 5 years, 1 month and 29 days
Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed
Finally earning interest instead of paying it!!!3 -
remind dh he doesn't have any right to be grumpy about no money - he could maybe have sold the factory last year and be (temporarily) rolling in it - it was his decision to keep hanging on to it 😆 🤣 😂 second thoughts, that might not be helpful 🤔 😂 🤣
Also, more seriously, I'm sorry this family thing has been dragging on for so long. Very sad as you always seemed such a close family.
Dxx22: 3🏅 4⭐ 23: 5🏅 6 ⭐ 24 1🏅 2⭐ 25 🏅 🥈2⭐ 26 🥈 Never save something for a special occasion. Every day is a special occasion. The diff between what you were yesterday and what you'll be tomorrow is what you do today Well organised clutter is still clutter - Joshua Becker If youre not already using a thing you won't start using it more by shoving it in a cupboard- AJMoney The barrier standing between you & what youre truly capable of isnt lack of info, ideas or techniques. The secret is 'do it'5 -
Thanks Daisy and SC, yes hopefully things will change and improve but they are all adults now so I can’t boss them about 😩
Well to say I’m irritated is an understatement , after negotiating what was we thought the deal on renting the factory they have come back and basically withdrawn the no strings personal guarantee and asked for a rent free period too. This is often a normal request but as far as I’m concerned they got a big rent reduction and we discussed lease length etc. and came to a deal which they are now changing after we agreed terms. Dads also done more research on the guy and company and its definitely not as gold plated as first thought 😩 We have been given their new four proposed options - involving rent free periods of varying lengths depending on guarantees given which I’ve not replied to yet, then another email a few hours later saying they want to be in a week! Usually time frame can be up to 12 weeks.So I’m less hopeful now as I feel like they are taking the Michael and unfortunately my sense of fairness (and stubbornness) overtakes any financial issues this may cause us. Luckily dh is on the same page and the general consensus is we will want far more personal details and potentially a bigger deposit, perhaps with a small rent free period in the future once they have been there a couple of years.I shall email this morning with a counter offer but we are willing to walk away, I don’t like it when it feels like people are trying it on, that’s what you do before agreeing terms not after in my book. Dad has lots of experience with this type of stuff and says there’s lots of people out there like this, doesn’t make it right though.
Anyway, it might make my new budget plans useless now 🤣MFW 67 - Finally mortgage free! 💙😁4 -
How annoying but I would stick to my guns too. Maybe now is the time to look to sell would this outfit want to buy it or rent first then buy on your terms? Good luck with the family issues hope you don't get dragged too much into it.Moved to Denmark for FIRE by Aug 2025 “May your decisions reflect your hopes not your fears”
New diary aiming for fire https://forums.moneysavingexpert.com/discussion/6414795/mortgage-free-now-aiming-for-fire#latest2 -
I would be questioning if they've done this, what else could they do. Can you get references from previous landlords? Why are they moving?Mortgage start date Nov 2014 - £90,545 over 25 years
Re-mortgage Oct 2017 - 78,295 over 23 years
Re-mortgage Jan 2020 - 55,000 over 26 years @ 1.94%
Current Mortgage Outstanding Middle December 2020 - £47893.35 - a reduction of £42,652 in just over 6 years!3 -
Yup definitely makes me think dodgy outfit, what else are they going to try to get away with in future. Id also be cutting my nose off and telling them to do one - written confirmation that you honour the agreed contract by 3 this afternoon or we will assume you are breaking that agreement and we will readvertise (implied threat being if we see your name trying to rent it again we won't even respond to you other than to decline)
I think that's awful, like you i think once you agree a real thats it agreed. I don't think people should get what they want if they don't play fairly and I'd be prepared to lose money waitingon a new renter or buyer rather than deal with them. Plus if they want in in a week they are desperate so you hold all the cards here
Dxx22: 3🏅 4⭐ 23: 5🏅 6 ⭐ 24 1🏅 2⭐ 25 🏅 🥈2⭐ 26 🥈 Never save something for a special occasion. Every day is a special occasion. The diff between what you were yesterday and what you'll be tomorrow is what you do today Well organised clutter is still clutter - Joshua Becker If youre not already using a thing you won't start using it more by shoving it in a cupboard- AJMoney The barrier standing between you & what youre truly capable of isnt lack of info, ideas or techniques. The secret is 'do it'3 -
Sorry for the delay in updating, family medical stuff going on at the moment. Well I decided to play hard ball in the end and gave my own list of options back 🤣 involving no rent free up front offers. The agent was a bit “what not even one or two months?!” so I said no they are taking the Micky. Phone call a couple of hours later and they have agreed to our terms 😀 I said to the agent to be honest I thought they would say no and he said he thought they would too!So not our dream tennant but it will be a three month rent deposit we hold plus quarterly rent up front, rent re negotiable in three years time. It’s a real result even if it’s less than we may have got if we hung in there a bit longer, this way though they will pay the business rates not us saving a LOT - like close to £1k per month, plus money coming in again - phew!It’s not a done deal until all the paperwork is sorted and who knows how quick the solicitors will be, so just a mini celebration tonight involving h@lo icecream for me and the full fat stuff for dh 😆
Finances need checking and I know I’ve already gone over the £350 budget as I went to tesc0 this morning, we were just short of so many things as I’ve held back on food a bit using stuff up instead so I could get out and about still, naughty but necessary as it’s been a stressful start to the year.I’ve also just spent £25 from the £210 we got for xmas (the rest will be spent on my birthday night away) on reduced tickets for the zoo tomorrow, hopefully it stays dry, we will be picnicking outside with some rather flat and white looking plain sarnies I’ve just made.MFW 67 - Finally mortgage free! 💙😁6 -
Sounds promising.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*** in ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger.
One debt remaining. Home improvement loan. 19months left.3 -
You're not really selling them, NG 🤣!newgirly said:....we will be picnicking outside with some rather flat and white looking plain sarnies I’ve just made.Mortgage start: £65,495 (March 2016)
Cleared 🧚♀️🧚♀️🧚♀️!!! In 5 years, 1 month and 29 days
Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed
Finally earning interest instead of paying it!!!3 -
Nice day yesterday, we got to Colchester zoo just after it opened, it rained for a lot of the time but it was a bit quieter. Mostly I can see the value in what they are trying to do with their breeding programmes but bits of it can be quite sad still. The red pandas were a highlight I have to say but as usual you never get to see the sun bears, I’m not sure they actually have any 😆
Spending for the day £25.50 entrance, £10.50 for two coffees and shortbread for dh, and £4.50 for a postcard and a coaster woth a red panda on for dh 😆. I don’t know why but I found the gift shop quite exciting, as a child you are desperate to have everything in it, then as a parent you are trying to navigate finding something small and cheap for the kids or getting through it quickly but I said to dh it’s quite funny to be an adult and you could actually choose to buy yourself a toy 🤣 so he got a coaster and I got a postcard, I’m going to get one everywhere we go on holiday or visit this year and stick them on the fridge cupboard door (sadly it’s built in so I had to bin my pervious magnet collection). Hopefully by the end of year year it will be full. Anyway a total of £40.50 spent on the day from the Xmas gift money.Sadly I’ve checked my monthly spending so far and the budget was £350 from 4th Jan-3 Feb, with no personal spending budget (usually £125 now as it went up from £100) so I’m now over by £4.40 with 9 days to go. This is wholly my fault as I’ve been out having the odd coffee and even bought dil lunch last week, I’m not sorry though really as it’s been a bleak month and I’ve been fed up so getting out has been worth the fail. Usually I do everything I can to achieve a challenge if I can but this was (as GP predicted 🤣) a bit hard. So with the need to still buy more food before the challenge is up I will have to now dip into that personal spending money, ah well!MFW 67 - Finally mortgage free! 💙😁8
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