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Mortgage Free Plod

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  • beanielou
    beanielou Posts: 98,379 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Good news on completion. 
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.     ***Keep plodding*** Out of debt, out of danger.
    One debt remaining. Home improvement loan. 21 months left.
  • CrazyBee787
    CrazyBee787 Posts: 1,620 Forumite
    1,000 Posts First Anniversary Name Dropper Photogenic
    Congratulations on your progressXX
    Goal 1: Apply for benefits.
    Goal 2: Get a lodger.
    Goal 3: Get a regular routine in place.
    Goal 4: On outcome of benefits plan finances.
    Goal 5: Save EF if possible.
  • Ms_Potato_Head
    Ms_Potato_Head Posts: 101 Forumite
    Sixth Anniversary 100 Posts Name Dropper Combo Breaker
    Thanks @beanielou and @CrazyBee787 😊

    MFW: Journey started Nov 2025. Due to finish Nov 2053.

    OPs: £10

    DC pension pot to target: 22.5%

    Mrs SD's 2026 Declutter Campaign: 🏅

  • Ms_Potato_Head
    Ms_Potato_Head Posts: 101 Forumite
    Sixth Anniversary 100 Posts Name Dropper Combo Breaker
    It's pay day for me, and not a moment too soon - the boiler at the new house is leeking, boo. When this happened to someone i know the unit was condemned, so I'm braced for the worst. I've sent a message to a gas engineer, now I'll have to just wait. 

    Getting savings back up is double important then. I have 2 savings accounts.
    1. ISA - this is where I saved my deposit, from now on it'll be my FIRE fund. It's currently empty and apart from daily roundups, I wont be putting anything in it just yet. 
    2. Flexi saver - This was my emergency/big ticket fund and will carry on being that. It'll pay for my boiler, but it only had £2k left after purchase and moving costs. 

    Pay day savings totals now: 
    EF - £2,000 -> £2,500
    FIRE - £0 

    MFW: Journey started Nov 2025. Due to finish Nov 2053.

    OPs: £10

    DC pension pot to target: 22.5%

    Mrs SD's 2026 Declutter Campaign: 🏅

  • CrazyBee787
    CrazyBee787 Posts: 1,620 Forumite
    1,000 Posts First Anniversary Name Dropper Photogenic
    Ms_Potato_Head said:
    It's pay day for me, and not a moment too soon - the boiler at the new house is leeking, boo. When this happened to someone i know the unit was condemned, so I'm braced for the worst. I've sent a message to a gas engineer, now I'll have to just wait. 

    Getting savings back up is double important then. I have 2 savings accounts.
    1. ISA - this is where I saved my deposit, from now on it'll be my FIRE fund. It's currently empty and apart from daily roundups, I wont be putting anything in it just yet. 
    2. Flexi saver - This was my emergency/big ticket fund and will carry on being that. It'll pay for my boiler, but it only had £2k left after purchase and moving costs. 

    Pay day savings totals now: 
    EF - £2,000 -> £2,500
    FIRE - £0 
    When you say the unit was condemned you mean the boiler right? It might be a good thing I know it is an expense you could do without but a lot of the more modern boilers are great and more energy efficient and they are generally cheaper then they used to be. Wishing you luck, P.S I am going to DM you as I know a boiler man who is very good I'll let you know the local area in the DM. Good LuckXX
    Goal 1: Apply for benefits.
    Goal 2: Get a lodger.
    Goal 3: Get a regular routine in place.
    Goal 4: On outcome of benefits plan finances.
    Goal 5: Save EF if possible.
  • Ms_Potato_Head
    Ms_Potato_Head Posts: 101 Forumite
    Sixth Anniversary 100 Posts Name Dropper Combo Breaker
    Thanks Crazy, yes I meant just the boiler! The engineer is coming on Friday to have a look. I like your thinking - it may well be a blessing in disguise in the long run. I feel a bit better already! Thank you 😊 

    MFW: Journey started Nov 2025. Due to finish Nov 2053.

    OPs: £10

    DC pension pot to target: 22.5%

    Mrs SD's 2026 Declutter Campaign: 🏅

  • Ms_Potato_Head
    Ms_Potato_Head Posts: 101 Forumite
    Sixth Anniversary 100 Posts Name Dropper Combo Breaker
    Most of my time and energy this last week was taken up with cramming for a gruelling 3-hour exam. Glad I can forget about that now and concentrate on moving. I'm part way through deep cleaning and packing up the kitchen.

    The gas engineer came round to the new house and thankfully the boiler is an easy, cheap fix so I won't need to dip into the EF. Sofa has been delivered - 2nd hand bargain from BHF, really happy with it. 

    This week's spendy spends were £154: 
    £58 food
    £48 petrol
    £23 school (dinners, bus, food tech ingredients)
    £20 DS pocket money (for the month)
    £5 birthday cards

    Wishing all the lovely MFWs a good week ahead 
    MPH x

    MFW: Journey started Nov 2025. Due to finish Nov 2053.

    OPs: £10

    DC pension pot to target: 22.5%

    Mrs SD's 2026 Declutter Campaign: 🏅

  • CrazyBee787
    CrazyBee787 Posts: 1,620 Forumite
    1,000 Posts First Anniversary Name Dropper Photogenic
    Ms_Potato_Head said:
    Most of my time and energy this last week was taken up with cramming for a gruelling 3-hour exam. Glad I can forget about that now and concentrate on moving. I'm part way through deep cleaning and packing up the kitchen.

    The gas engineer came round to the new house and thankfully the boiler is an easy, cheap fix so I won't need to dip into the EF. Sofa has been delivered - 2nd hand bargain from BHF, really happy with it. 

    This week's spendy spends were £154: 
    £58 food
    £48 petrol
    £23 school (dinners, bus, food tech ingredients)
    £20 DS pocket money (for the month)
    £5 birthday cards

    Wishing all the lovely MFWs a good week ahead 
    MPH x
    I am glad the boiler was an easy fix. Also I may put my weekly spends down too, to aim towards a better me, I Like it, maybe even daily?
    Goal 1: Apply for benefits.
    Goal 2: Get a lodger.
    Goal 3: Get a regular routine in place.
    Goal 4: On outcome of benefits plan finances.
    Goal 5: Save EF if possible.
  • Ms_Potato_Head
    Ms_Potato_Head Posts: 101 Forumite
    Sixth Anniversary 100 Posts Name Dropper Combo Breaker
    Thanks @CrazyBee787 yes, the boiler was a relief! Onwards and upwards 😊

    MFW: Journey started Nov 2025. Due to finish Nov 2053.

    OPs: £10

    DC pension pot to target: 22.5%

    Mrs SD's 2026 Declutter Campaign: 🏅

  • Jemma01
    Jemma01 Posts: 548 Forumite
    Fifth Anniversary 500 Posts Photogenic Name Dropper
    Really pleased for you, you brought back the positive vibes of moving into my new home October last year. Time flies, I hope your mortgage journey goes well 🙏💕
    I'm FTB, not an expert, all my comments are from personal experience and not a professional advice.
    Mortgage debt start date = 11/2024 = 175k (5.19% interest rate, 20 year term)
    • Q4/2024 = 139.3k (5.19% -> 4.94%)
    • Q1/2025 = 125.3k (4.94% -> 4.69%)
    • Q2/2025 = 108.9K(4.69% -> 4.44%)
    • Q3/2025 = 92.2k   (4.44% -> 4.19%)
    • Q4/2025 = 44k      (4.19% -> 3.94%)
    • Q1/2026 = 12.5k  (3.94%)
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