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Mortgage free in Forever Home :-)

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Comments

  • skint_spice
    skint_spice Posts: 13,754 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Onwards and upwards! I hope you find something soon where you are actually appreciated.
    Mortgage OP 2026 £960/2000
    Mortgage balance: £31,427

    Make £50 a month Jan £20, Feb £0, March £31, Apr £20, May £30,
    Jun £0


  • Getting a payoff to not be around these absolute tools sounds like an excellent outcome. 
    Be mindful of taking extra good care of yourself in the meantime x
  • South_coast
    South_coast Posts: 6,472 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Aaaaannnndd the Pampered Prince useless report will no longer be your problem 😀! 

    Personally, I'd start just letting him do whatever he wants and completely ignoring him, but you may be slightly less vindictive than me and have more respect for whoever replaces you!
    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!!!
  • Watty1
    Watty1 Posts: 8,300 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Just caught up.  So sorry to hear about the job but I like the view that at the time you got the job you were the right fit, now you are not as things have changed so now time for both of you to renegotiate.  As for being "too old" i very much doubt that, you have skills experience and a work ethic which seems notably missing in your young recruits and I think employers are very much aware of that these days.
    Think about your corporate network, who do you know, who can help review skills and CV, provide references and maybe network with.
    Being clear about what you need to earn, what you want to earn (they are different I think :)) and what next would work for you will be so helpful. 

    Sending hugs. You are bound to feel down, indifferent, ill but I have no doubt there is something so much better round the corner.
    Made it to mortgage free but what a muddle that became

    In the event the proverbial hits the fan then co-habitees are better stashing their cash than being mortgage free !!
  • beanielou
    beanielou Posts: 100,006 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Those wee faces. 😻😻
    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.
  • savingholmes
    savingholmes Posts: 29,208 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi KK

    I'm sorry it's not the ending to the role you were hoping for. You are better than they are though. You will get something good next.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £167.4K Equity 38% 3/4/26
    2) £2.1K Net savings after CCs 14/5/26 (but owed £1.3K) so £3.4K
    3) Mortgage neutral by 06/30 (AVC £42.5K + Lump Sums DB £4.6K + (25% of SIPP 1.7K) = 48.8K of £127.5K target 38.3% 24/5/26 (If took bigger lump sum = 71.K or 55.9%)
    4) FI Age 60 income target min £17.1/30K 57% (may need more) If bigger lump sum £15.8/30K 52.67%
    5) SIPP £5.7K updated 29/5/26
  • Awwww the cats, the cwtches, the gorgeous bedding! 😍 
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