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Escape to the country & living off savings

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Comments

  • KajiKita
    KajiKita Posts: 9,330 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    SDLT additional home £9050 😱 plus CT on second home so would have to sell mine 
    I thought that was what you meant?

    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 8 books of target 52 in 2026 as @ 24th 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. 
  • Skint_yet_Again
    Skint_yet_Again Posts: 8,846 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Mortgage-free Glee!
    I was just trying to work out some figures. With my bonds and the cash coming from dads investments I would have enough to pay my sisters their share of the house until mine sold but not with the sdlt & ct on a second home. 

    I am just going to let the sale proceed & take solicitors advice on what to put on forms & see what happens. Also no info known about structural alterations/ planning & mortgage company may not lend or surveyor may value less than offer so we shall see. The house is still standing after 50 years so it wouldn’t bother me & I would be a cash buyer. 
    ❤️Mum 2018
    0% credit card £1360 & 0% Car Loan £7500 ~ paid in full JAN 2020 = NOW DEBT FREE 🤗
    House sale OCT 2022 = NOW MORTGAGE FREE 🤗
    House cash purchase completed FEB 2023 🥳🍾 & left work. 🤗

    Retired at 55 & now living off the equity £10k a year

    ❤️Dad 2025

    Previous Savings diary https://forums.moneysavingexpert.com/discussion/5597938/get-a-grip/p1

    Living off savings diary
    https://forums.moneysavingexpert.com/discussion/6429003/escape-to-the-country-living-off-savings/p1
  • Tresinia511
    Tresinia511 Posts: 342 Forumite
    100 Posts First Anniversary Name Dropper
    It's the same reason that prevented me.  A lot to think about
  • Skint_yet_Again
    Skint_yet_Again Posts: 8,846 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Mortgage-free Glee!
    Heavy rain most of yesterday afternoon and similar forecast for today. I’m going to pop to aldee & then to my friends for a cuppa this afternoon. 

    Food plans 

    Liver & onions with swede & carrot mash & gravy & green beans 
    Cajun chicken & (use up) mild chorizo tray bake with courgettes, Peppers, onion, mushrooms, butternut squash and garlic cloves 
    gammon, broccoli & cauli cheese 
    beef stew - using rest of swede & carrot. 

    If I’m home alone this weekend I am going to start sorting the box of paperwork I brought with me when I moved 🫢 for burning in the garden incinerator I bought last year. The next dry evening I will burn the lot 🔥
    ❤️Mum 2018
    0% credit card £1360 & 0% Car Loan £7500 ~ paid in full JAN 2020 = NOW DEBT FREE 🤗
    House sale OCT 2022 = NOW MORTGAGE FREE 🤗
    House cash purchase completed FEB 2023 🥳🍾 & left work. 🤗

    Retired at 55 & now living off the equity £10k a year

    ❤️Dad 2025

    Previous Savings diary https://forums.moneysavingexpert.com/discussion/5597938/get-a-grip/p1

    Living off savings diary
    https://forums.moneysavingexpert.com/discussion/6429003/escape-to-the-country-living-off-savings/p1
  • SuzeQStan
    SuzeQStan Posts: 2,038 Forumite
    Fifth Anniversary 1,000 Posts Homepage Hero Photogenic
    Enjoy friend meet SYA 🥰

    good solution on dealing with the old paperwork - we do the same in the log burner.  
    Lancashire
    PV 5.04kWp SW facing
    Solar Battery 6.5 kWh 
    🐙 Intelligent Go

    Mortgage freedom January 2024 - paid off 7 years early by making overpayments where we could.

  • Tresinia511
    Tresinia511 Posts: 342 Forumite
    100 Posts First Anniversary Name Dropper
    Something very cave-woman satisfying about burning paper 😁
  • Arrietty
    Arrietty Posts: 199 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    Hello SyA,

    quite some news since I last popped in.
    It's such a difficult thing when your parents home is no longer 'there' so I can imagine how you've been feellng. since the offer on your DF's house. After my Mother passed died, my Father stayed in the house for 16 years and although he did make some changes, the 'essence' of it was the same.  Since he moved, he's been back to see what the new owners have done with it as he remains friends with neighbours.
    I have never been back and never will because I like to retain the memories of how it looked. 

    I love burning paperwork too... unlikely to happen any time soon here though because it just rains and rains and rains... 

    Have a lovely day
    x




    FDF savings target = £20k by 31 December 2027 ... 102 weeks to go!

    October 2025 = £8217.86 November 2025 = £9463.40 December 2025 = £9785.81

    January 2026 budget =£135.44 and 34 25 15 10 days remaining
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