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Mortgage free in Forever Home :-)

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Comments

  • beanielou
    beanielou Posts: 97,517 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Mine is err mmm none too bonny shall we say. Lots of weeds & neglect.
    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.
  • savingholmes
    savingholmes Posts: 29,130 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Another fan of agapanthus here. So beautifulΒ 
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 Β£202K now Β£171.3K Equity 36.55%
    2) Β£2.6K Net savings after CCs 10/10/25
    3) Mortgage neutral by 06/30 (AVC Β£30.9K + Lump Sums DB Β£4.6K + (25% of SIPP 1.25K) = 35.5/Β£127.5K target 27.8% 14/11/25
    (If took bigger lump sum = 62K or 48.6%)
    4) FI Age 60 income target Β£17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum Β£15.8/30K 52.67%)
    5) SIPP Β£5.1K updated 14/11/25
  • beanielou
    beanielou Posts: 97,517 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    One way of looking at it!Β 
    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.
  • Brie
    Brie Posts: 15,987 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I do love hyacinths and iris reticulata. No indoor bulbs so far this year, vague Β plan to pick up white or blue hyacinths when I go to Lidl as the chain garden centre wanted a ridiculous amount of money and my inner miser kicked in.
    When you're at Lidl look for the "gluck glee" or red clover "oxalis".Β  I love these with a passion.Β  They're one of those things you can plant in the worst possible stony dry spot, ignore and never water and every year about June they start to peek out and then you're rewarded with a load of large clover type leaves and dark pink flowers.Β  OH doesn't much like them so I'm sneaking them in to our new(ish) garden.Β Β 
    I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards.Β  If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts 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 and not the official line of MoneySavingExpert.

    Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board:Β Β https://lemonfool.co.uk/financecalculators/soa.php

    Check your state pension on:Β Check your State Pension forecast - GOV.UK

    "Never retract, never explain, never apologise; get things done and let them howl.”  Nellie McClung
    β­οΈπŸ…πŸ˜‡πŸ…πŸ…πŸ…

    STRUGGLING DURING THE HOLIDAYS??Β 
    click here for ideas on how to cope....Some websites and helplines if you're struggling this Christmas β€” MoneySavingExpert Forum
  • Thanks Brie, the dark leaves yellow flowered oxalis self seeds in my walls so I think it would do well in the front. My front gardens are mainly original cobblestone, topped with tarmac and then a few inches of stony top soil so anything that survives is good. I've added a lot of compost over the years but it's never going to be the pretty English romantic cutting garden that lives in my head.Β 
  • KajiKita
    KajiKita Posts: 9,057 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    @Brie, a β€˜Gluck glee’ google only produces images of petulant looking young men! πŸ˜‚
    However, doing the same with β€˜red clover oxalis’ produces images of the two plants I bought at the Christmas fund raiser in the chapel 😊 Does this mean I can put them out in the garden - I wasn’t sure if they might be house plants?Β 

    KK
    As at 15.12.25:
    - When bought house Β£315,995 mortgage debt and end date at start = October 2039 - now Β£227,385
    - OPs to mortgage = Β£12,881 Estd. interest saved = Β£6,203 to date
    c. 16 months reduction in term
    Fixed rate 3.85% ends October 2030

    Read 80Β books of target 52 in 2025, as @ 25th DecemberΒ 
    Produce tracker: Β£457 of Β£300 in 2025

    Watch your thoughts, they become your words.
    Watch your words, they become your actions.Β 
    Watch your actions, they become your reality.Β 
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