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Five Year Fix, Five Year Plan

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Comments

  • Merlin's_Beard
    Merlin's_Beard Posts: 1,689 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Definitely still filling in but this is only the second year for a lot of these plants and the difference from last year is incredible already. 

    The Cat Nap corner will have a shed in it eventually
    Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
    Current mortgage amount: £224,460.73
    Start student loan 2012: £29,750; current student loan: CLEARED July 2025
    Unread owned books Jan 2026: 256
    Undone crafts 2026: +1
  • rtandon27
    rtandon27 Posts: 6,460 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    @Merlin's_Beard - gorgeous pics!  thanks so much for posting!
    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)
    Original End Date - Sept 2041 New projection - Dec 2039 (reduced by 21 months)
  • KajiKita
    KajiKita Posts: 9,530 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 6 July 2025 at 5:09PM
    That looks like a really lovely space 😊❤️ I like the design too, with a path through the space but a nice big, generous bed in the centre. 

    I’d be tempted to have a small tree or two but it would depend on how much shadow they would cast and how overlooked you feel atm. 

    Lovely that the cat has decided which their corner is! 😉

    KK
    As at 15.01.26:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £222,084
    - OPs to mortgage = £12,881 Estd. interest saved = £6,203 to date
    c. 16 months reduction in term
    Fixed rate 3.85% ends October 2030

    Read 14 books of target 52 in 2026 as @ 15th February.
    Produce tracker: £39 of £400 in 2026

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • savingholmes
    savingholmes Posts: 29,137 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks for sharing the photos. Lovely plant choices and colours.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £169.8K Equity 37.1%
    2) £1.5K Net savings after CCs 11/2/26 (but owed £1.4K) so £2.9K
    3) Mortgage neutral by 06/30 (AVC £34.8K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 40.6/£127.5K target 31.8% 16/11/25
    (If took bigger lump sum = 62.7K or 49.2%)
    4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
    5) SIPP £5.2K updated 16/1/26
  • Merlin's_Beard
    Merlin's_Beard Posts: 1,689 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    And the shortened hours offer has been retracted due to someone leaving.

    Absolutely gutted. Feels like a lifeline has been yanked out of my hands.

    I guess that helps with saving, is the only thing I can say.
    Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
    Current mortgage amount: £224,460.73
    Start student loan 2012: £29,750; current student loan: CLEARED July 2025
    Unread owned books Jan 2026: 256
    Undone crafts 2026: +1
  • KajiKita
    KajiKita Posts: 9,530 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    Oh heck … this is becoming untenable … 😢 Hugs for the disappointment x

    Two suggestions:
    - Look for a new role yourself?
    - Whilst this crazy workload is sustained, do everything you can to ease the workload on you within your personal life, so get a cleaner, get a gardener, start having online grocery deliveries, some combination of these maybe? 

    KK
    As at 15.01.26:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £222,084
    - OPs to mortgage = £12,881 Estd. interest saved = £6,203 to date
    c. 16 months reduction in term
    Fixed rate 3.85% ends October 2030

    Read 14 books of target 52 in 2026 as @ 15th February.
    Produce tracker: £39 of £400 in 2026

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • redofromstart
    redofromstart Posts: 6,105 Forumite
    Eighth Anniversary 1,000 Posts Photogenic Name Dropper
    Great to see you back posting.  Love the garden pictures.

    I am so sorry about the reduced hours retraction.  That must be so frustrating.
  • savingholmes
    savingholmes Posts: 29,137 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I would be gutted too. Did you have the previous offer in writing? Are they 'allowed' to just retract it? Could you claim you need shorter hours as a disability adjustment? 
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £169.8K Equity 37.1%
    2) £1.5K Net savings after CCs 11/2/26 (but owed £1.4K) so £2.9K
    3) Mortgage neutral by 06/30 (AVC £34.8K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 40.6/£127.5K target 31.8% 16/11/25
    (If took bigger lump sum = 62.7K or 49.2%)
    4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
    5) SIPP £5.2K updated 16/1/26
  • Merlin's_Beard
    Merlin's_Beard Posts: 1,689 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    I would be gutted too. Did you have the previous offer in writing? Are they 'allowed' to just retract it? Could you claim you need shorter hours as a disability adjustment? 
    I imagine what they would say is that a change in circumstances has made it logistically impossible, and that the offer was dependent on there being enough cover to make it possible. It was only verbal and over text, so while I have the receipts, as the kids would say, in the context of a small business they don't mean much.

    The additional cover we were going to get on the day we are most strapped for employees is also now not happening, because the "extra" person has now just become "person".
    Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
    Current mortgage amount: £224,460.73
    Start student loan 2012: £29,750; current student loan: CLEARED July 2025
    Unread owned books Jan 2026: 256
    Undone crafts 2026: +1
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