Free at last

ameliarate

Due to a lot of good luck, a bouyant housing market and a willingess to take on a project involving a lot of hard work, my partner and I have, at the age of 48, become mortgage free!!!!! What a great feeling. We have no loans, no credit card or other debts either. We do however, have 3 children, all at university but hey, you can't have everything.

Good luck to everyone trying to become mortgage free.:j

MissKJ

Please tell how you achieved this? Lots of detail if you will? Especially the project.

ameliarate

Got together 10 years ago and bought a house for £70,000 with a deposit of £20,000. decided living together too difficult (step kids partly) so sold that house for £150,000 - partner had another house so he moved there and I bought a smaller house for £110,000. Partner's uncle sadly died recently but the house he lived in was owned by partner's mum, needed much work, re-wiring, re-plumbing, central heating etc etc, so we sold both our houses, mine for £180,000 his for about £130,000 my mortgage was about £70,000 his about £40,000, put the money together, his mum rlet us have the house at 15,000 under the estate agents estimate which kind of evened up the amount we were both putting in and left us enough to buy, do all the work and a loft conversion. It was a 2 bed bungalow and is now a 4 bed bungalow. We have had the main structural work done and moved in the week before Christmas. We have no skirtings, no flooring, no paint on the walls and it is filthy but it is ours and though it will take a few months yet to get it right we just don't care.

Capricorn_One

Great work Ameliarate!

Ed.

bellsbells

Congratulations ameliarate you must be sooo chuffed!

ecoelle

i'm really pleased for you, hope to be where you are in the next 20 years! only £115000 to go!

jessicamb

Congratulations

Best wishes for the future

Reformed

Congratulations!!

Move_To_Portugal

Congratulations!