We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
1% challenge 2023
Options
Comments
-
Another £338.52 added to the OP savings account today thanks to interest on the savings. It's lower this month as sadly Santander dropped the rate after a year (they said I had too much in there!) so I'm having to wait for a card from them so I can transfer the money into a higher rate account.
Still not a bad amount and it will be well used to overpay on a mortgage as soon as our fixed rate expires
My total is now £19565.92 / £81700 = 23.94%
Getting close to hitting the 24% mark then next step will 25% Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.020 -
#5 once more.Paid for bfs turn of the dry dog food order - £27.99£970.99 / £1200 - 7%
Debt Free as of 17/01/2009 Turtle Power!!
EF Challenger #3 £1543.72 / £5000
MFW 2024 #100 £1300.00 / £10,000
MFiT #40 Jan 2025 Target - £99,999.00
Mortgage at 30/09/22 £113,694.11 | Mortgage at 24/01/23 £110,707.87
Mortgage at 21/04/23 £107,701.01 | Mortgage at 20/07/23 £106,979.65
Mortgage at 04/10/23 £106,253.77 | Mortgage at 10/01/24 £105,324.57
Mortgage at 01/04/24 £104,424.73 | Mortgage at 01/10/24 £103,594.981 -
Hello again from #5.Paid for bfs half the window clean - £7.50£978.49 / £1200 - 7%Debt Free as of 17/01/2009 Turtle Power!!
EF Challenger #3 £1543.72 / £5000
MFW 2024 #100 £1300.00 / £10,000
MFiT #40 Jan 2025 Target - £99,999.00
Mortgage at 30/09/22 £113,694.11 | Mortgage at 24/01/23 £110,707.87
Mortgage at 21/04/23 £107,701.01 | Mortgage at 20/07/23 £106,979.65
Mortgage at 04/10/23 £106,253.77 | Mortgage at 10/01/24 £105,324.57
Mortgage at 01/04/24 £104,424.73 | Mortgage at 01/10/24 £103,594.981 -
You are making great progress - well donex_raphael_xx said:Hello again from #5.Paid for bfs half the window clean - £7.50£978.49 / £1200 - 7% Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.020 -
£102.29 added to the OP savings account today thanks to chippy wages and £10.29 from WeR8.
My total is now £19668.21 / £81700 = 24.07%
I've got the 25% mark in my sights - only £756.79 to find
Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.020 -
Hi everyone,
How is everybody getting on?
Thanks to hubby's OT in his job and careful spending in July we have managed to add £2000 into the OP savings pot today
My total is now £21668.21 / £81700 = 26.52%
We have officially managed to save a quarter of our 2nd BTL mortgage since January this year. It feels very good but I'm not stopping until all our BTL mortgages have been paid Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.021 -
Sorry me again. I just realised I also forgot to transfer over the money I have made the last few days so am declaring a further £799.90 paid into the OP savings pot.
My total is now £22468.11 / £81700 = 27.50%
Very happy with my percentage jump today. I actually am starting to feel like we are getting somewhere Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.021 -
Guess who
Another £57.50 added to the OP savings post today thanks to chippy wages for last week
My total is now £22525.61 / £81700 = 27.57%
Really feeling like we are making a bit of progress towards this mortgage now
Mortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.021 -
Well done everyone. Doing really well xxJan 18 Joint debts 35,213
Mortgage Jan 18- 77224 May 25- just under 65k
June 25 Debts in my name only £5170. DH can't keep track...1 -
Thanks Neverending - how are you doing?NeverendingDMP said:Well done everyone. Doing really well xxMortgage - £2338.07 paid off Feb 2023 BTL 1 £51,089.10 £35789.36 paid off July 2025 BTL 2 £81,504.52 BTL 3 £77,497.020
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards