Baby steps to mortgage freedom for beanielou.

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  • doingitanyway
    doingitanyway Posts: 8,755 Forumite
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    A treat is in order from the little windfall surely? Just saying...
    If you have built castles in the air, your work should not be lost; that is where they should be. Now put the foundations under them.

    Solicitor/survey savings 300/1700
    Emergency fund 0/1000
    Buffer fund 0/200
  • beanielou
    beanielou Posts: 90,306 Ambassador
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    doingitanyway wrote: »
    A treat is in order from the little windfall surely? Just saying...

    I have treated myself to a guzzler water bottle & cheapie pair of capri length leggings for yoga.
    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. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • beanielou
    beanielou Posts: 90,306 Ambassador
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    Cumbria_lass wrote: »
    Beanie all this talk of money , anybody would think the site was about money!
    :rotfl::rotfl::rotfl:
    I hope you manage to get your head round all your different scenarios and make an informed decision at the end.

    Am glad to hear TSB have paid up , so they should.

    Still pondering:eek::rotfl:


    Yes, the TSB have been a blooming pain.
    4 months it took for me to have my issues resolved.
    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. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • beanielou
    beanielou Posts: 90,306 Ambassador
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    So In have paid all the money I received from TSBlooming B off the mortgage except the money I paid for the water guzzler.
    Maybe I should have kept more but it is done now.
    My thinking is that when my fix finishes in September the remaining balance will be lower & so will be the interest.
    I will then have a lower monthly payment but will pay the difference to the loan.
    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. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • Karmacat
    Karmacat Posts: 39,460 Forumite
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    Just wanted to check up how you're doing before I went to bed. I'm glad for *your* sake you've made a decision, its behind you now. And its the safest decision you could make, to help you safeguard your home. If that lessens your worry and anxiety, then thats great. And you've figured out a bit of balance with the bits for yourself (very little bits, it has to be said!) and the extra payments to the loan.



    Sleep well, beanie xxx
    2023: the year I get to buy a car
  • beanielou
    beanielou Posts: 90,306 Ambassador
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    Karmacat wrote: »
    Just wanted to check up how you're doing before I went to bed. I'm glad for *your* sake you've made a decision, its behind you now. And its the safest decision you could make, to help you safeguard your home. If that lessens your worry and anxiety, then thats great. And you've figured out a bit of balance with the bits for yourself (very little bits, it has to be said!) and the extra payments to the loan.



    Sleep well, beanie xxx

    Thanks Karmcat xxx
    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. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • beanielou
    beanielou Posts: 90,306 Ambassador
    Academoney Grad I'm a Volunteer Ambassador Mortgage-free Glee! Name Dropper
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    It is very dreich & miserable here today.
    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. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • milann
    milann Posts: 10,586 Forumite
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    I'm pleased you have made your decision - makes sense to me Beanie. :money::beer:
    January spends - £587.58
  • milann
    milann Posts: 10,586 Forumite
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    Thought I'd replied Beanie but can't see it anywhere.

    I'm pleased you've decided what to do about your mortgage. When the time comes you'll have to decide whether the premium is more than you'd save by paying it early - otherwise I'd pay the loan and for your peace of mind get an emergency fund together again so that you have enough to get you by.... If that makes sense.

    Started off very dull here but still very warm....
    January spends - £587.58
  • beanielou
    beanielou Posts: 90,306 Ambassador
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    milann wrote: »
    I'm pleased you have made your decision - makes sense to me Beanie. :money::beer:

    Am hoping it is the right one!
    Anyway it is done now & that's it.
    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. ***Be the difference.***
    One debt remaining. Home improvement loan.
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