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Mortgage free in Forever Home :-)

1388389391393394736

Comments

  • savingholmes
    savingholmes Posts: 29,208 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well done. Not easy. I've been there. 
    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
  • f0xh0les
    f0xh0les Posts: 7,858 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    How utterly professional of you. Well done. 
    And that aside, masses and masses of hugs!   
    4/10/25Three Years Mortgage Free Yay!
    NSTurtle # 55 🐢 🐢 🐢 🐢 🐢 🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢
    No Turtle gets left behind.[/b]
    ******PROUD MEMBER OF THE TOFU EATING COALITION OF CHAOS !!!******
  • Brie
    Brie Posts: 17,126 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Glad you made his eyes pop.  Would have preferred if his head exploded but one can't have everything.

    Home, hug Mr KK and the kittens and have a great night's sleep.  
    I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards.  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:  https://lemonfool.co.uk/financecalculators/soa.php

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  • Cheery_Daff
    Cheery_Daff Posts: 18,482 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well done KK xxx That sounds really hard, and super well done to you for staying polite and professional - while he doesn't deserve that courtesy, it may help give ammunition to HR and the union rep to help the next people. Well done on negotiating what you wanted as well. 

    Don't be too helpful over the next few days though! Perhaps you could accidentally forget to leave relevant passwords when you go?? :wink:

  • redofromstart
    redofromstart Posts: 6,242 Forumite
    Eighth Anniversary 1,000 Posts Photogenic Name Dropper
    edited 18 September 2024 at 8:45PM
    Such a difficult conversation. Huge hugs for you. I hope you feel some relief despite the negativity of him. I used to refuse to let managers say anything tbh for exactly the reasons you say. It isn't the time to be scoring points. 

    in my experience, from both sides, generally once that numbers conversation has taken place then it grinds on to a conclusion fairly quickly. Depends how long it takes them to write the agreement, and for your legals to complete. If it's the union solicitors it's generally a few days.
  • skint_spice
    skint_spice Posts: 13,754 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Totally understandable why you are feeling out of sorts. I’m glad you got what you were aiming for, he will get his comeuppance one day.
    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


  • Sending you a virtual hug and a well done for behaving so professionally 

    in 6 months this will all be forgotten drama and you will be grateful as it will have kickstarted action to a new great job 
    DON'T BUY STUFF (from Frugalwoods)
    No seriously, just don’t buy things. 99% of our success with our savings rate is attributed to the fact that we don’t buy things... You can and should take advantage of discounts.... But at the end of the day, the only way to truly save money is to not buy stuff.    Money doesn’t walk out of your wallet on its own accord.
    https://forums.moneysavingexpert.com/discussion/6289577/future-proofing-my-life-deposit-saving-then-mfw-journey-in-under-13-years#latest
  • 5.5 months sounds good to me.  Don't forget there'll be no travel costs or packed lunches etc.  Make sure you have that rest you were talking about, you deserve it.  Sounds like that will see you through until spring if necessary :). Well done.
    "Think of many things, do one"
    Mortgage end June £192,200 £309,749 2020 (ends 2038 - aim for 2031)
    Seven Goals; and healthy diet/walk/run/exercising/weights/yoga 

  • Sending virtual hugs kk.
    love 🐞
    Declutter 1352/ 2026
    £145.56 saved by growing and eating my own 2026
    books read 8in 2026
    £320 🥳 funpot
    🐞change pot £79.63
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