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Prosperous soul, mortgage neutrality & creativity Year 2

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  • savingholmes
    savingholmes Posts: 28,979 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks Tahlullah - it's not as far in as Snowdonia - just a chunk closer than I am now. But the views are amazing. Will PM you.
    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 29/7/25
  • badmemory
    badmemory Posts: 9,714 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Just wondering (sort of playing devils advocate) but if you are mostly living alone do you really need an en suite.  Don't get me wrong it would be a really nice to have thing but I wonder if downstairs "facilities" may be more important.
  • Congratulations accepting the offer.
    Hope you find the perfect home soon.
    Mortgage started 2020, aiming to clear 31/12/2029.
  • savingholmes
    savingholmes Posts: 28,979 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks BM and MF

    There is a downstairs loo - it just is a bit dated but does the job from what I could see. Having had an ensuite - I don't want to do without. I think it is likely to be a future deal breaker for others too so it would be best to see if I could resolve it from the beginning. I could potentially make the footprint even smaller if I did a pocket door - as they'd have to build a new structure for it anyway inside the room.

    While I'm not expecting my kids to come back and live they call them the boomerang generation for a reason so best to be prepared.
    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 29/7/25
  • Just caught up with your diary to see you are all on the move! The Welsh place sounds lovely
    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
  • jwil
    jwil Posts: 22,044 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I've never had an en-suite, they don't really appeal to me.  I'd kill for a downstairs loo though!

    Great that your sister can come with you.  The welsh house sounds very nice and great that there will be more budget left.

    Hope work settles and those difficult conversations go ok.
    "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 McGee
  • savingholmes
    savingholmes Posts: 28,979 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks @LadyWithAPlan
    Good to see you back on the boards. 

    Thanks Jwil - if there was any way for you to put a downstairs toilet in I would as it is something buyers often prioritise.

    I could tell the schools had gone back today. I live really close to a high school - and the volume of noise including screaming and shouting today was really bad - as I'd had my windows open due to last night's heat. I'll be glad to leave that behind too.

    I just pray that I am one of the lucky ones that things go smoothly for - that the FTB for my house pass all their checks, don't quibble after survey etc - and that I get a house I love for the long term and that the sellers don't pull out etc. I have one of those minds that constantly scans for danger and risks - slight paranoia style - so the whole process is difficult. The views from the Saturday house are stunning. I've just found a nearby post office and general store relatively close to the house on maps - so that looks useful. I already know it has big supermarkets including Ald1 within a couple of miles. It has the HnB and pretty sure BnM too. I get most of my stuff delivered anyway.

    I'm hopefully going to try the short acting meds later tomorrow to see if they give me a boost. The effect of my current meds fades late afternoon - and then I feel a bit shakey - so it will be interesting to see if the extra med overcomes that issue. He said try a half dose of that to start. I'd try them today but I'm off to my counsellor so don't want to risk being unable to drive. I ought to crack on and start work. 
    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 29/7/25
  • Interesting reading all the moving chat here now! When we first started looking a number of folk said that when we found "the house", we'd know when we walked in through the door - and I nodded and smiled, and then thought "Yeah, in fairy tales maybe!". Then we found the listing for the place we've bought - and I knew instantly in a heartbeat that it was my house. When we viewed I was dreading there being something that wasn't shown in the listing which for whatever reason made it impractical - but again, the moment we stepped in the door it just felt absolutely right. We walked away from that viewing almost having to hold our breath because we didn't want to be too clearly and obviously excited by it in front of the selling agent - and the very second she had driven away we immediately started saying how we had to get it, and discussing what our offer should be etc. 

    I'm with those who wouldn't want an ensuite - although ironically enough I can see how it might be more appealing to someone living alone. I'd just be conscious when I got up in the night for the loo of being more likely to wake MrEH so it's not for me - and the last thing I'd want anyway would be a whole additional bathroom to clean - the one I have is plenty! :lol: I do rather love the downstairs loo though, I confess! 
    🎉 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 1/4/25
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
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