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Prosperous soul, mortgage neutrality & creativity Year 2
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Have a great day at the beach SH!3
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Happy beach time SH!🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her3 -
Detatched bungalows are the best
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*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.4 -
There are so many of us who dislike large gatherings that we would create our own large gathering if we all met up in real life!The property market is difficult to gauge at the moment. I read that the average existing Mortgage rate is still "just" 2.93% so highrr rate mortgages aren't showing as an impact yet in the big scheme of things. Obviously having a major impact on new borrowing/re-mortgaging for individuals in that situation. Also people hold onto their perception of their high market valuations and don't want to drop their prices which causes the volume of transactions to fall rather than actual prices falling.I hope that makes sense? It did to me when I read the article 🤷♀️5
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Definitely what's happening in the area I'm looking at.Blackcats said:There are so many of us who dislike large gatherings that we would create our own large gathering if we all met up in real life!The property market is difficult to gauge at the moment. I read that the average existing Mortgage rate is still "just" 2.93% so highrr rate mortgages aren't showing as an impact yet in the big scheme of things. Obviously having a major impact on new borrowing/re-mortgaging for individuals in that situation. Also people hold onto their perception of their high market valuations and don't want to drop their prices which causes the volume of transactions to fall rather than actual prices falling.I hope that makes sense? It did to me when I read the article 🤷♀️
Decided to wait till next year and see what the state of play is then.... keeping my fingers crossed that sense prevails!I Believe.....
That it isn't always enough, to be forgiven by others.
Sometimes, you have to learn to forgive yourself.
Yesterday is history, tomorrow is a mystery
Today is a gift. That's why it is called the present.
happiness isn't achieved by getting extra things,
but by getting rid of the things that make you unhappy3 -
Hope you had a lovely day at the beach
"Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee2 -
Thanks Lucielle, Jwil, Crystal, EH, Blackcats, Beanie & SuperSecretSquirrel
Thanks I went to my fave beach - will try and post a photo - mountains in the skyline. Perfect. Wasn't as warm as I hoped but there was an on site toilet and somewhere to get hot food and drink - which I succumbed to despite taking some supplies with me.
I drove back through the Snowdonia park - so that was stunning and really lifted me. As I got closer to home I did a drive by on 3 properties I was interested in. The one I looked at last night for £175K - is in a stunningly beautiful place but I'd describe it as a hamlet rather than a village. It had a tiny store. My fave valley was about 18 miles further on (closer to home). I looked at the outside of a bungalow there. I'm still drawn there - and it only took about an hour back from that point. One was directly on my route home (which was also its biggest drawback as it's on a main road).
Driving through all that beauty - solidified again that I want to live somewhere beautiful permanently.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £1.6K Net savings after CCs 14/8/25
3) Mortgage neutral by 06/30 (AVC £25.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.1/£127.5K target 24.4% 15/8/25
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.8K updated 29/7/257 -
Glad you enjoyed your day and made a decision of sorts.Mortgage OP 2025 £6250/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £36,210
Money making challenge £38/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)3 -
I don't think a main road is for you.
I think it would drive you barmy (Is that a word?)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*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.4 -
Thanks Lucielle and Beanie
Yes need to avoid main roads. Beach and views along the way.
Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £1.6K Net savings after CCs 14/8/25
3) Mortgage neutral by 06/30 (AVC £25.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.1/£127.5K target 24.4% 15/8/25
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.8K updated 29/7/257
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