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DrCarrie's adventures in saving to be a mortgage-free wannabe

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  • DrCarrie
    DrCarrie Posts: 923 Forumite
    Ninth Anniversary 500 Posts Debt-free and Proud! Photogenic
    Cant you join the burlesque and get them singing at the same time??? Songs like Hey Big Spender and I'm Too Sexy?


    LadyWithAPlan This is a TOP idea!  

    So the survey came back, and I got in a bit of a tailspin. But have calmed down a bit now, with the help of my dad and the realisation that the surveyor has been very thorough, and covering their back. But it really has led to some potential reprioritising as to what happens next.  With the help of a fair bit of walking up hills and through the woods. 
    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..£0
  • KajiKita
    KajiKita Posts: 7,708 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    I know that feeling of ‘argh!’ on receiving the survey - I had to read ours several times as the valuation was a big fat ZERO! (Then I started researching Japanese Knotweed ….). Hopefully the walking and reprioritising has helped clear your head. 

    KK
    As at 15.07.25:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
    - OPs to mortgage = £11,816 Interest saved £5,28 to date
    Fixed rate 3.85% ends January 2030

    Read 41 books of target 52 in 2025, as @ 9th August
    Produce tracker: £272 of £300 in 2025

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • This survey stuff does scare me a little! I think there are different levels of survey - I can see me paying up for an extensive one!
    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
  • KajiKita
    KajiKita Posts: 7,708 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    Sending sustaining strength and positive vibes. Enjoy your Christmas break and recharge 😊

    KK
    As at 15.07.25:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
    - OPs to mortgage = £11,816 Interest saved £5,28 to date
    Fixed rate 3.85% ends January 2030

    Read 41 books of target 52 in 2025, as @ 9th August
    Produce tracker: £272 of £300 in 2025

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • DrCarrie
    DrCarrie Posts: 923 Forumite
    Ninth Anniversary 500 Posts Debt-free and Proud! Photogenic
    Hi all, 

    Fingers crossed I will be in the new place by the 17th of Jan. I had to ask the landlord for an extension, I am effectively homeless for one day. 

    Really cannot express how disappointed I have been by the conveyance. Anyone thinking of buying soon, please ask for a personal recommendation from someone that you know and trust. 

    To add insult, to these unnecessary injuries, the landlord has been in touch to inform me about scaffolding going up, blocking access. This is significantly going to impede removals; I am in the basement flat with very narrow steps to the pavement.  I am super concerned about how I am going to get any furniture out! 




    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..£0
  • KajiKita
    KajiKita Posts: 7,708 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    Crossing my fingers for you too! 🤞🤞🤞🤞
    Can’t the landlord delay the scaffolding until after you move out?

    KK
    As at 15.07.25:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
    - OPs to mortgage = £11,816 Interest saved £5,28 to date
    Fixed rate 3.85% ends January 2030

    Read 41 books of target 52 in 2025, as @ 9th August
    Produce tracker: £272 of £300 in 2025

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • How annoying on the move date - maybe indeed ask for a push back on scaffolding as if you can’t get furniture out you will be leaving issues for both you and him 
    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
  • DrCarrie
    DrCarrie Posts: 923 Forumite
    Ninth Anniversary 500 Posts Debt-free and Proud! Photogenic
    Thank you @LadyWithAPlan and @KajiKita - The news on the scaffolding is that it has been delayed. My landlord talked to the Freeholder - so it looks like it will be fine. We still have not exchanged contracts, so the solicitors accrued interest instead of me! I paid the deposit before Christmas. 

    Fingers crossed I am in on the 17th!

    Been looking at overpayments on the mortgage, I am going to aim for 2.5% overpayment this year - alongside the new windows, decorating and gardening. 

    This would be £4350 across the year, £362.50 a month.


    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..£0
  • How exciting, I have just read through your whole diary, and you nearly have your new home in the space of a few months, brilliant! Good luck, and I hope you exchange/ complete on time. DFW321
    MORTGAGE BALANCE when we moved Aug 2024, £120,000. January 1st £118,267.06. May 1st, £116, 123, June 1st, £115,536, New mortgage added for extension- £165,000 July 1st!
    Mortgage Overpayments - September-December, £152.46. J- £103.27, F- £115, M- £91.50, A- £100, M- £200, J- £200. J- £200.
    Total- £1162.23
    Goal pay off 1% of current mortgage in 1 year. £1200. (96.83% there)

    EF- first goal £300
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