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Cheer Leaders needed on the final stretch
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Congrats on the sales. I've been in a few shops recently and was shocked at how empty they were.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 29/7/251 -
No sales so far this week but good news won £100 on PB
50:50 emergency fund & mortgage pot (£117.50), not put any from wages yet, keeping hold and need to decide on a few things
Take care everyone3 -
Great news on the win.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 29/7/251 -
I need some advice pls
Ive paid my 10% allowance for the year. Present rate 1.69%. Fix ends on 31 December and am going on a variable rate then
Early repayment charges are an additional 3% - would it be better to carry on paying as much extra on the mortgage as I can between now and end of dec or carry on saving to pay it off at the beginning of Jan?
Any thoughts1 -
Ive sent £100 across to mortgage today - can't decide what to do. 1.69% plus 3% will still probably be less than my rate will be in Jan1
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Strange on my mortgage account the £100 I sent is still waiting to be shown against the mortgage balance but I sent another £150 a few days later and that has been credited to the mortgage - need to keep an eye on this?
Opened a Vinted account and had my first sale today - going to keep this until I reach £50 I think2 -
I don't know about your mortgage rates, but I'll cheer you on from the side
Mortgage restart June 2018 £119950Re mortgage August 19 £110470, … Mortgage November 22 £85600 final 0% CC 3300Home renovations - £65000, mid 2018 - mid 20222 -
Great work!3-month emergency fund (Cash ISA & PBs): £4744/ £6,000
Stocks and shares ISA: £1497
Additional pension contributions £0
Overpayment on mortgage: £0
Big Renno..£02 -
Checked mortgage account today, the £100 is showing as paid against mortgage and the ERC payments have been credited against the mortgage too - weird
Mortgage balance £54.034.57 Think im going to pay off enough to start the new year in £53,000;s - 17 months before I retire
Would love to get to £35,000 before I retire - thinking head on, need positive vibes
Another sale on vinted - not a lot but all ads up - only started last weekend & 2 sales already
Take care everyone
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Well done with all your great work of chipping away at your mortgage to reach your goal. Every single penny does helpMortgage Balance: £162,615.84 (December 2022); £163,945 (November 2022)
Current MF date: Feb 2032. (Previously: Jan 2033)
Target MF date: May 2027
(Overpayments needed to achieve this: £1,750pm!)
Joint spend: £391.09 (Nov)2
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