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  • FIRST POST
    • Elephantchunks
    • By Elephantchunks 4th Jan 18, 11:30 PM
    • 136Posts
    • 714Thanks
    Elephantchunks
    New life. Here we go.....
    • #1
    • 4th Jan 18, 11:30 PM
    New life. Here we go..... 4th Jan 18 at 11:30 PM
    Right then! New year. New house. New county. New driver. New (to me) car. New log burner (ch'yeah we got it!!). New Mortgage. New life. Here we go........

    Hi! Thanks for popping in. Please feel free to post here and ask questions.

    I have promised myself that I will post everyday so some days may be me waffling, most will be lists (to stop me from unnecessary waffles) & some will be one word I imagine.
    Last edited by Elephantchunks; 05-01-2018 at 12:04 AM.
    Live a lot. Love a few. Always paddle your own canoe.
Page 1
    • Elephantchunks
    • By Elephantchunks 5th Jan 18, 12:22 AM
    • 136 Posts
    • 714 Thanks
    Elephantchunks
    • #2
    • 5th Jan 18, 12:22 AM
    • #2
    • 5th Jan 18, 12:22 AM
    I promised myself that I would start my new thread today (as we are 5 days in already), but I'm sleepy so will keep it short.

    We moved home in November. Our previous 5 year fix (which we ported) has now come to an end. Therefore, we now have our new mortgage started from 1st January. Great time to start I think,very neat and tidy indeed.

    The financials:
    Property Value = 178,000
    Mortgage Amount = 151.000
    84.83% LTV
    25 years
    5 Year Fix
    2.39%
    669.07 per month

    Today I have:
    Done 8 hours at work.
    Researched cryptocurrencies with my DH.
    Got DH to open us a cryptocurrency wallet.
    Been waiting two days for an agency to call me about a job I applied for.
    Started a new food diary on MFP - 9lb to lose as a shorter term goal.
    Received an e-mail from the company I purchased most of my Christmas presents from and didn't receive due to a damaged parcel - Ordered 22.12 - no refund yet - not recieved back into warehouse yet.
    Started my new MSE thread.
    Live a lot. Love a few. Always paddle your own canoe.
    • Blibble
    • By Blibble 5th Jan 18, 6:36 AM
    • 413 Posts
    • 721 Thanks
    Blibble
    • #3
    • 5th Jan 18, 6:36 AM
    • #3
    • 5th Jan 18, 6:36 AM
    Congrats on the new diary

    You're braver than me regarding the cryptocurrency - scares me to death! Give me a brew and a OnePoll survey for some extra cash, anyday!
    Wedding fund - 2090.92 (1135.00)
    OP fund - 1288.56 (207.00)
    Emergency fund - 135.00
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 5th Jan 18, 7:54 AM
    • 1,217 Posts
    • 5,581 Thanks
    wishingthemortgaheaway
    • #4
    • 5th Jan 18, 7:54 AM
    • #4
    • 5th Jan 18, 7:54 AM
    New diary - love seeing them at the start.

    You said to ask questions, so I'm going to...

    Did you save a 'moving fees' pot? If so, how much was in it? Was it enough? If you didn't how much did it 'cost' to move?

    We're hoping to move late this year, or 2019, but I want a 'moving fund pot' I'm thinking 10k but have no idea if that's realistic or not.

    Many thanks
    Wish.
    The 100 payment countdown (each payment = 400) 2018 Starts at 13/100 o/s 34,750.
    Jan 18 14/100 Feb 15/100 March 18/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 1400ish/2,500
    • blocpartyfan
    • By blocpartyfan 5th Jan 18, 9:23 AM
    • 40 Posts
    • 191 Thanks
    blocpartyfan
    • #5
    • 5th Jan 18, 9:23 AM
    • #5
    • 5th Jan 18, 9:23 AM
    I promised myself that I would start my new thread today (as we are 5 days in already), but I'm sleepy so will keep it short.

    We moved home in November. Our previous 5 year fix (which we ported) has now come to an end. Therefore, we now have our new mortgage started from 1st January. Great time to start I think,very neat and tidy indeed.

    The financials:
    Property Value = 178,000
    Mortgage Amount = 151.000
    84.83% LTV
    25 years
    5 Year Fix
    2.39%
    669.07 per month

    Today I have:
    Done 8 hours at work.
    Researched cryptocurrencies with my DH.
    Got DH to open us a cryptocurrency wallet.
    Been waiting two days for an agency to call me about a job I applied for.
    Started a new food diary on MFP - 9lb to lose as a shorter term goal.
    Received an e-mail from the company I purchased most of my Christmas presents from and didn't receive due to a damaged parcel - Ordered 22.12 - no refund yet - not recieved back into warehouse yet.
    Started my new MSE thread.
    Originally posted by Elephantchunks
    Fantastic, and look forward to sharing in your journey on this forum!I find cryptocurrencies so...well...cryptic! A fair few of my work colleagues tell me they bought one coin or another for 8 and they're now worth tens of thousands.
    Mortgage when started: 200,999
    Current mortgage (2nd Jan 2018): 135,000
    Mortgage free day planned for: 25th June 2025 (day before my 40th birthday!)
    • ch4rly2002
    • By ch4rly2002 5th Jan 18, 9:51 AM
    • 358 Posts
    • 1,508 Thanks
    ch4rly2002
    • #6
    • 5th Jan 18, 9:51 AM
    • #6
    • 5th Jan 18, 9:51 AM
    Good luck with your journey. I look forward to reading about it
    Savings: Aim 13.5k. Dec 2016 1,700 / Feb 2018 12,350
    Mortgage: Dec 2014 -216,000 / Mar 2018 -191,390
    BTL Mortgage: Dec 2014 -136,000/ Feb 2018 -123,400
    CC 0%: Nov 2016 -4,500 / Feb 2018 -3,368.27
    Loan to In-Laws: Sep 2010 -48,185.82 / Mar 2018 -30,065.49
    Student Loan: March 2011 -18,275.04 / April 2017 -14,003.85
    • Cicatriz
    • By Cicatriz 5th Jan 18, 10:15 AM
    • 44 Posts
    • 146 Thanks
    Cicatriz
    • #7
    • 5th Jan 18, 10:15 AM
    • #7
    • 5th Jan 18, 10:15 AM
    Good luck!

    One of my bigger regrets is not investing in bitcoin when I had the chance. It appeared when I had a lot of spare cash, I was idealogically supportive of the idea, particularly as I can't stand fractional reserver banking and fiat currencies. For some reason, I didn't pull the trigger at the time...
    • Elephantchunks
    • By Elephantchunks 5th Jan 18, 7:48 PM
    • 136 Posts
    • 714 Thanks
    Elephantchunks
    • #8
    • 5th Jan 18, 7:48 PM
    • #8
    • 5th Jan 18, 7:48 PM
    Hi everyone! Wow you do all know how to make an elephant feel welcome.Thanks!

    Re. Cryptocurrency - We were aware of bitcoin quite a few years ago. We really wanted to invest but were in a bit of debt and had other things to save for at the time. No regrets though but, I'm not missing out on what I think will be the next best thing now I have a few hundred s saved. If I'm buying magic beans then so be it. We are looking at it as a 10 year investment. If in 10 years we have lost 400 we won't regret it. If its worth 100,000 in 5 years I think we'd be cashing it out!

    WishingTMA - Everyones pot will be different. Mine was budgeted at 580 - 200 Van & 380 survey.
    It ended up being 80 van 380 survey & 600 drainage survey. All other fees were paid from the sale of our house. We made 21000 on the house in 5 years. Left 9000 of that in, agents fees were about 2000. We took 9,650 out whch has almost gone - 3000 4x4 which is necessary where we are, 2800 log burner, 2000ish on paint, plastering, greenhouse, tractor, ladders, misc. The rest is saved for the dodgy roof which we have been quoted for. We have only almost finished decorating one room so far so all others will be on a month by month basis from wages. The house was built 1902 and the previous owners were elderly and have neglected it the past few years so most things need doing.
    Last edited by Elephantchunks; 05-01-2018 at 8:15 PM.
    Live a lot. Love a few. Always paddle your own canoe.
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 5th Jan 18, 10:42 PM
    • 1,217 Posts
    • 5,581 Thanks
    wishingthemortgaheaway
    • #9
    • 5th Jan 18, 10:42 PM
    • #9
    • 5th Jan 18, 10:42 PM
    Thank you for such a comprehensive reply. We'd be looking to save the equivalent of the estate agents fees as well as the surveys and removal costs in our moving 'pot' even if we physically pay the money from the house equity, I'd like to have it covered elsewhere

    Angain, thank you

    Wish.
    The 100 payment countdown (each payment = 400) 2018 Starts at 13/100 o/s 34,750.
    Jan 18 14/100 Feb 15/100 March 18/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 1400ish/2,500
    • Elephantchunks
    • By Elephantchunks 5th Jan 18, 10:50 PM
    • 136 Posts
    • 714 Thanks
    Elephantchunks
    Wish - There are also conveyancing fees to consider of course. I don't know how much these are as we got mates rates (searches only which were 400).
    Live a lot. Love a few. Always paddle your own canoe.
    • Elephantchunks
    • By Elephantchunks 6th Jan 18, 11:36 PM
    • 136 Posts
    • 714 Thanks
    Elephantchunks
    Today I have mostly been scraping paint off badly painted kitchen tiles. Very MSE -no new tiles for me.

    I have also read Wish's diary and thanks to her (and google) I have learnt about bullet journals which I had never heard of before. So tomorrow I'm going to dig out a pretty notebook from my unpacked boxes and get planning.
    Live a lot. Love a few. Always paddle your own canoe.
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 7th Jan 18, 5:20 AM
    • 1,217 Posts
    • 5,581 Thanks
    wishingthemortgaheaway
    Ooooh pretty notebooks. I love a good notebook.


    Thanks for stopping by my diary. Did it cure any insomnia you are experiencing?
    The 100 payment countdown (each payment = 400) 2018 Starts at 13/100 o/s 34,750.
    Jan 18 14/100 Feb 15/100 March 18/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 1400ish/2,500
    • Elephantchunks
    • By Elephantchunks 7th Jan 18, 11:52 PM
    • 136 Posts
    • 714 Thanks
    Elephantchunks
    Today I have mostly been cleaning filthy kitchen venetian blinds. I can't count the amount of times I thought about throwing them and purchasing some roman blinds. But I didn't and now they are sparkly white again.

    After pealing off all the badly painted tiles we found three different colour tiles. Se we re-painted (with tile paint this time) all the tiles to match the splashbacks. Tile paint works! It looks great
    Live a lot. Love a few. Always paddle your own canoe.
    • Blibble
    • By Blibble 8th Jan 18, 6:33 AM
    • 413 Posts
    • 721 Thanks
    Blibble
    Sounds lovely - wished I had an older house sometimes so you could find cool stuff like that . As ours was new build, all we find is either stuff we've paid for or stuff the builders have neglected to do! Your kitchen sounds ace!
    Wedding fund - 2090.92 (1135.00)
    OP fund - 1288.56 (207.00)
    Emergency fund - 135.00
    • Elephantchunks
    • By Elephantchunks 9th Jan 18, 9:56 PM
    • 136 Posts
    • 714 Thanks
    Elephantchunks
    Hi Blibble, unfortunatley brown and peach tiles aren't ace these days lol. The different wallpapers we uncovered though were amazing. So on top we had two different types of woodchip paper, under that was huge bright orange flowers (70's?), then under that was dainty brown and yellow flowers (50's) AND under that was white paper with old red and green clocks,chickens,flowers,weighing scales (there is some of that left in the pantry and I can't bear to remove it).

    In money news - We had a blocked toilet over the weekend and spotted water flowing out the sides of a man hole cover on our drive whenever we used water. We spent 160 for a man to clear a blockage in our drains. I might be trying to save money but rather him than me! He did say though, if we were to take a picture of the phone number on the van we may want to cut out the middle man next time - lesson learnt.
    Live a lot. Love a few. Always paddle your own canoe.
    • Elephantchunks
    • By Elephantchunks 9th Jan 18, 11:03 PM
    • 136 Posts
    • 714 Thanks
    Elephantchunks
    Now we have our new mortgage, here is the budget that we are working on:

    200 Groceries and Cleaning
    140 Entertainment
    50 Cigarettes - DH
    50 Cigarettes saving - My quit pot (every blip costs 5 to charity)
    20 Rabbits
    40 Birthdays

    32.75 Mobile 1 - in contract
    14.66 Mobile - not in contract - search better deal
    12 contact lenses
    137 Council tax
    70 Energy
    9.80 Buildings & contents insurance
    12 Water
    18 Broadband
    665 Mortgage
    14.08 Life Insurance
    27.69 Life insurance - reason no longer exists so can search cheaper now
    17.42 Job insurance - need to cancel this!!

    240 Petrol - both car share to same jobs we had before we moved
    25 Car 1 Insurance
    21.43 Car 1 tax
    77 Car 2 Insurance
    10 Car 2 tax (6months paid by seller)
    38.97 Breakdown cover
    72 Car Maintenance - hopefully won't need all of this

    Total Outgoings = 2014.80
    Total wages x2 = 2691
    Left over 676.20
    =
    250 Save
    26 OP mortgage (at least) to get below 125,000 in 5 years
    400.20 Decorating & DIY budget for year 1 - will go towards OPs when done

    We do intend to make more OP's but for now we need to fix this house and make it pretty again. Any monies received by other means eg. ebay, TCB will be put into savings for now and OP'd when we have enough.

    Any input kindly received.
    Last edited by Elephantchunks; 09-01-2018 at 11:13 PM.
    Live a lot. Love a few. Always paddle your own canoe.
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 10th Jan 18, 6:42 AM
    • 1,217 Posts
    • 5,581 Thanks
    wishingthemortgaheaway
    All looks good to me, but then I am no expert in these matters.
    The 100 payment countdown (each payment = 400) 2018 Starts at 13/100 o/s 34,750.
    Jan 18 14/100 Feb 15/100 March 18/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 1400ish/2,500
    • Elephantchunks
    • By Elephantchunks 11th Jan 18, 11:43 PM
    • 136 Posts
    • 714 Thanks
    Elephantchunks
    Had an e-mail today saying the company I bought 60 worth of Christmas presents from 18thDecember (but didn't get delvered) has finally refunded me. Not happy with the wait and doesn't look like they are giving me any extra. Won't be using them again or any company that uses the same courier. We shall wait and see if it arives in 2-3 days.
    Live a lot. Love a few. Always paddle your own canoe.
    • Blibble
    • By Blibble 12th Jan 18, 6:45 AM
    • 413 Posts
    • 721 Thanks
    Blibble
    The budget above looks good - I would query 12p/m on water though? Is this correct?

    Regarding mobile 2, you can get a SIM-only deal starting around 3.50 with a few networks. I got a SIM-only with Tesco for 6p/m, and that includes 250MB of data if I remember correctly which is plenty for me
    Wedding fund - 2090.92 (1135.00)
    OP fund - 1288.56 (207.00)
    Emergency fund - 135.00
    • Elephantchunks
    • By Elephantchunks 12th Jan 18, 7:58 PM
    • 136 Posts
    • 714 Thanks
    Elephantchunks
    Thanks Blibble

    Water is less as we deal with our own drainage (septic tank) so we only pay for water coming in. What I have missed though, is saving the money towards getting the septic tank emptied every two years which would be around 6 a month. I'll have a look at the weekend at unlocking my phone and seeing if I can save 6 from my mobile bill. 6 with a bit of data sounds great to me.
    Live a lot. Love a few. Always paddle your own canoe.
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