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Five Year Fix, Five Year Plan
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Is your garden install complete now?Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £2.6K Net savings after CCs 6/7/25
3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.8K updated 29/7/253 -
savingholmes said:Is your garden install complete now?
So no idea what'll happen next week - I'm back at work so won't be around at all. I could ask my mum to come around and house sit but frankly that may be more hassle than it's worth. I might just have to leave the gate and the garage unlocked and let them get on with it.Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £226,957.97
Start student loan 2012: £29,750; current student loan: CLEARED July 20255 -
New builds are sometimes built on flood plains / marshes. If that is the case it is more of a worry than otherwise.
At our first new build we had to dig ditches all around the lawn as we experienced some flooding. Later as plants became more established and sucked up the water it was less of a n issue.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £2.6K Net savings after CCs 6/7/25
3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.8K updated 29/7/254 -
@savingholmes thankfully not! There are some houses in my village built near the floodplain of a big river, but mine is three quarters of the way up the hill that's the highest point - the farmland never used to get particularly boggy either (there was/is a right of way to the next village about 100m from my house). The house next door is lower than mine as well and there's drainage holes in the retaining wall. I am not particularly worried that I need more than the gap I've been given after a weekend of thinking.
Friends visited - a lovely if rather too warm weekend. Builders have said tomorrow will be the last day - we'll see! Or I won't because I'll be at work. Leaving the garage open and the gate unlocked and crossing my fingers. They said that I could sort out their extension and leave the garage locked, but I don't think they realise how late I work, so I won't.
Petrol costs have gone over and dipped into my emergency fund again (eek!). Will repay it when we are paid this week.
Also received a speeding notice (oops). 57 in a speed limited 50 section of motorway on my way back from the concert at 12.30am. Have held up my hands, filled out my paperwork and will await further instructions.
Thankfully it's started to rain, much needed!Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £226,957.97
Start student loan 2012: £29,750; current student loan: CLEARED July 20254 -
Sorry about the speeding ticket. Such things are so annoying.
Hope the last bit of the garden work goes smoothly.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £2.6K Net savings after CCs 6/7/25
3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.8K updated 29/7/254 -
They're finished! Garden looks lovely. It's not finished-finished (still plenty for me to do) but the outline is there now and it's very mine, and it's what I wanted, so I'm pretty happy with that.
Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £226,957.97
Start student loan 2012: £29,750; current student loan: CLEARED July 20255 -
Merlin's_Beard said:They're finished! Garden looks lovely. It's not finished-finished (still plenty for me to do) but the outline is there now and it's very mine, and it's what I wanted, so I'm pretty happy with that.
You get to play now 😊
KKAs at 15.07.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
- OPs to mortgage = £11,816 Interest saved £5,28 to date
Fixed rate 3.85% ends January 2030
Read 40 books of target 52 in 2025, as @ 29th July
Produce tracker: £243 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.4 -
I'm sure you are very relieved. Hard parting with that amount of cash - great when you get the result you want.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £2.6K Net savings after CCs 6/7/25
3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.8K updated 29/7/254 -
Phew - so great to hear they are done - now your space is yours again!4 YEARS 10 MONTHS DEBT FREE!!! (24 OCT 2016)(With heartfelt thanks to those who have gone before us & their indubitable generosity.)...and now I have a mortgage! (23 AUG 2021)New projection - 14 YEARS 10 MONTHS LEFT OF 20 YEARS (reduced by 15 mths)Psst...I may have started a diary!4
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Have got my naughty-driver letter through the post, booked my speeding awareness course, and paid up (£91). Annoying but my own fault, so.
June round up: saved a total of £-2933.90 because of the garden. This is a very achievable target to beat next month!
Emergency savings fund: £11493.86/£12,000 - June's payday will go to replenishing that as a priority.
Surveys this month: £33.20 - wasn't trying, this is fine
Food spends: £293.55. This is a lot, and includes some treaty lunches while I was off.
I've adjusted my ynab category here to give me £200 a month for food - what I've averaged since moving. Also altered cat food/litter (£30pm to £40pm), water (£15pm to £25pm), and professional fees (£80pm to £90pm). Surprisingly, petrol estimate (£100pm) was about spot on.
Bookdate: 2 books bought, 2 read ("Rabid" a non fiction book on the history of rabies including its cultural links to things like werewolves and vampires - quite dry unless you're especially interested in medical history; and Black Sun, a fantasy book where instead of generic mediaeval europe it's set in fantasy pre-conquest central america so a lot more interesting with a bigger capacity to surprise). another book neutral month. 17 books so far this year.
A low book count indicates just how mentally all over the place I've been this month though. Hoping for a calmer July. Definitely having a very quiet weekend with a bit of weeding, a run, and some peace.Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £226,957.97
Start student loan 2012: £29,750; current student loan: CLEARED July 20255
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