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Prosperous soul, mortgage neutrality & creativity Year 2

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Comments

  • KajiKita
    KajiKita Posts: 9,439 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    Those sky colours for the mountain scene sound glorious 😊❤️🤩
    Moving video survey? Is that how it is done these days?

    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 9 books of target 52 in 2026 as @ 27th January 
    Produce tracker: £36 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: 29,135 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    KajiKita said:
    Those sky colours for the mountain scene sound glorious 😊❤️🤩
    Moving video survey? Is that how it is done these days?

    KK
    Thanks on the art - I will send you a PM of the image when it's done.

    The video survey is for the removal company. I have one coming in person and another video booked in via What... which I will need to download.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £169.8K Equity 37.1%
    2) £1.3K Net savings after CCs 16/1/26 (but owed £1.1K) so £2.4K
    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
  • savingholmes
    savingholmes Posts: 29,135 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well send £200 to my 8% savings account next.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £169.8K Equity 37.1%
    2) £1.3K Net savings after CCs 16/1/26 (but owed £1.1K) so £2.4K
    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
  • jwil
    jwil Posts: 23,045 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glad you had a nice weekend and DS likes the house too.
    "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
  • Blackcats
    Blackcats Posts: 4,274 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Glad you enjoyed your weekend.  It's good that your DS endorsed your choice of location for your new house.  
    Well done for keeping up with savings into your regular saver.  

  • skint_spice
    skint_spice Posts: 13,652 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I am glad your DS is keen on the area you are moving to.
    Mortgage OP 2026 £350/2000
    Mortgage OP 2025 £7700/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £32,990

    Make £50 a month Jan £20
    Boiler fund £1225/3000

    ”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)
  • lucielle
    lucielle Posts: 11,697 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It’s all sounding positive. 
    L
    Total Debt Dec 07 £59875.83 Overdrafts £2900,New Debt Figure ZERO !!!!!!:j 08/06/2013
    Lucielle's Daring Debt Free Journey
    DFD Before we Die!!!! Long Haul Supporter #124
  • All sounding good, lovely to hear you sounding so positive
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