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  • FIRST POST
    • sammy70
    • By sammy70 24th Sep 13, 4:58 PM
    • 549Posts
    • 1,644Thanks
    sammy70
    our forever patch challenge
    • #1
    • 24th Sep 13, 4:58 PM
    our forever patch challenge 24th Sep 13 at 4:58 PM
    well, this week sees the new start to my mortgage free plans. After 18 months clearing debts, then paying for our wedding, which took most of our hard earned savings, we are at the beginning again.

    Due to restructure at work, OH is on a reduced monthly pay, so the savings are even more of a challenge!
    Our plan is over the next two-three years, build up savings , and make over payments, untill we have enough saved to clear the outstanding balance owed on our mortgage, then sell this house, and use the sale proceeds as deposit on our "forever home", we really want somewhere with an acre or so of land, to allow me to have my own horse again, and OH to have garage/workshop he has always wanted.

    we both get paid this week, i will open new savings online, and let the challenge to get our new home begin!, we get married on Friday, this will be the start of our married life adventure too, !!
Page 34
    • EatingTheElephant
    • By EatingTheElephant 8th Jul 18, 7:54 AM
    • 1,319 Posts
    • 7,207 Thanks
    EatingTheElephant
    Itís all coming together nicely, great progress
    • sammy70
    • By sammy70 14th Jul 18, 1:06 PM
    • 549 Posts
    • 1,644 Thanks
    sammy70
    Happy weekend!
    It was my saturday morning to work today, so late start on the chores!

    My stable has a few bits to finish- he forgot edging for roof/top door fittings, and small bit of fencing to join the stable so the area in front of the stable is fully fenced. Hope he doesnt take weeks to come back to finish off

    My budgeting is going ok, just need to lose the last 1lb to meet my first weight loss challenge- i wanted to lose my first 7lb by tuesday 24th july- ive lost 6llb up to yesterday

    Still awaiting quote for emmersion heater- needed asap, and the new full heating system replacement- which we plan for summer 2019..

    Happy weekend everyone- must get stuck into chores, otherwise less time for getting outside in the sunshine
    current official end date of mortgage= 2037-aiming for 2030
    mortgage balance start of challenge- 25/11/2016 £245,695
    overpayments 28th nov 2016-04th August 2018 =£8,738.57
    mortgage balance of currently = £220,000 04/08/18

    month 7 of 21 month plan
    • sammy70
    • By sammy70 20th Jul 18, 6:46 PM
    • 549 Posts
    • 1,644 Thanks
    sammy70
    Happy weekend!
    we have the next ten days off work

    The fencing/stable guy is coming next thursday to hopefully get everything finished off , and im going to look at a lovely sounding cob tomorrow afternoon, so i might have my new horse next week to put in it!

    We are awaiting the heating quote, but the one for the immersion heater has come in, and it is booked for august 1st, so once thats done we wont need to light the stove to heat the water, so it will soon pay for itself with the savings on fuel

    My little old doggy is booked in for an op to remove a growth in her ear on monday poor lass, and poor us- £650 bill

    A spendy month with this lot, i will have quite a lot of bits to buy for the horse if i get him too, but ive already saved the cash for this.

    Im sticking to the cash only for fuel and food, it makes me focus on spending i think..

    only lost half a pound this week, so need to lose another half pound to meet my 7lb loss by 24th july must try hard to do this

    Got the letter from h.fax too , we have had a £20 payment from them, and monthly payment gone down by £42 a month, so thats good
    current official end date of mortgage= 2037-aiming for 2030
    mortgage balance start of challenge- 25/11/2016 £245,695
    overpayments 28th nov 2016-04th August 2018 =£8,738.57
    mortgage balance of currently = £220,000 04/08/18

    month 7 of 21 month plan
    • sammy70
    • By sammy70 25th Jul 18, 2:08 PM
    • 549 Posts
    • 1,644 Thanks
    sammy70
    Well hubby and i have been through the mill in the last few days since my last post..

    on the 20th- date of my last post which was the friday we broke up from work, my husbands dad died in hospital, such a shock for us, we spent all that night at the hospital/with his mother..

    on the way to break the news to his mum, my husband narrowly missed a head on collision with a out of control car full of young men, one who sadly was killed, one still in a serious state.. if my hubby hadnt rang his brother before setting off, the 20 second difference might have meant he was hit head on, it doesnt bare thinking about.

    Since the night in the hospital both myself and hubby have been ill, flu like , upset stomach, throats raw, its been horrible, dont know if we picked some sort of bug up from there, i feel drained with it.

    Poor mother in law isnt coping well, im having to sort all arrangements, its not been easy alongside feeling ill, but i keep thanking my lucky stars someone was watching over my husband to prevent him getting hurt or worse in that accident..

    Along side this, in a cheerier note- i bought the lovely horse i tried - i nearly didnt go as we were exhausted on that saturday, but im glad i did, hes currently relaxing in our field, we have had to scrabble round to get hay, straw, electric fence, etc, but its kept our mind off things.

    Another stress was on clearing the field to put the fence up, we foung what looked like the high voltage electric cable to our house, it had been worked to the surface by rabbit warrens
    National grid had to come and inspect it, it turned out it was BT cable, so we could re- bury it safely before finishing electric fencing my new horses field

    Today im trying to chill a bit, we have the death to register tomorrow, meeting to arrange funeral, oh and forgot another thing, the dog had op to remove lump in her ear on monday, and she has to go for check up tomorrow too!

    These things are sent to test us, and the last 5 days have certainly done that!!

    Need to sort horse insurance now, thats gone up loads since i last had one! good job the pleasure of horse ownership outweighs the pain..

    Hopefully if im feeling better later im out on my first ride..
    current official end date of mortgage= 2037-aiming for 2030
    mortgage balance start of challenge- 25/11/2016 £245,695
    overpayments 28th nov 2016-04th August 2018 =£8,738.57
    mortgage balance of currently = £220,000 04/08/18

    month 7 of 21 month plan
    • sammy70
    • By sammy70 30th Jul 18, 3:09 PM
    • 549 Posts
    • 1,644 Thanks
    sammy70
    Well im back to work tomorrow- first day back and im on a training course

    Went for a lovely ride this morning on my lovely horse, he is such a sweetheart, so well behaved- except for the occasional grass grab when we are having a relaxed walk

    Father in laws funeral booked for 10th August, i think we all wont be able to stop thinking about this until that day has passed, he will be missed..

    Made a £280 overpayment on my payday, the current outstanding balance is now £221,000, the direct debit hasnt gone out yet, or the interest, i will update my signature after the 1st August..
    Last edited by sammy70; 30-07-2018 at 4:47 PM.
    current official end date of mortgage= 2037-aiming for 2030
    mortgage balance start of challenge- 25/11/2016 £245,695
    overpayments 28th nov 2016-04th August 2018 =£8,738.57
    mortgage balance of currently = £220,000 04/08/18

    month 7 of 21 month plan
    • A Frayed Knot
    • By A Frayed Knot 30th Jul 18, 8:14 PM
    • 2,460 Posts
    • 10,895 Thanks
    A Frayed Knot
    So sorry to hear of your FIL and hubby's near accident. It certainly sounds like someone was looking after him that night.

    Sounds like your keeping busy, even though you are both under the weather, to say the least.

    And nice to hear your goals are falling into place, even under sad circumstances.

    Good to see that 000.00 at the end of your mortgage
    Always have 00.00 at the end of your mortgage and one day it will all be 0's
    Target 16 months 8/24
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69, 2016/£3186.80, 2017 £4068.97

    • sammy70
    • By sammy70 4th Aug 18, 11:45 AM
    • 549 Posts
    • 1,644 Thanks
    sammy70
    Thanks for dropping by a frayed knot!

    I havent updated my signature yet, must do that when i finished cleaning up!

    A really busy/stressful week making arrangements and sorting FIL funeral/finances etc

    The funeral directors have really disapointed me with the lack of support, and ive already had to make a formal complaint after they put the wrong date on the newspaper notice, my MIL was so upset. Disgusting service, no one to answer the phone , and all from a major company who spends lots on tv adverts saying how they make your final journey just how you want it!! they need to spend more on staff to answer the phone to customers instead of tv adverts!! Very heartbreaking to deal with on top of everything else..

    On a happier note, my new horse is lovely, had another couple of hacks out this week, the flys were a nightmare though! if anyone has any idea of a fly repellant that works please let me know, ive spent a lot on two brands up to now, and they last approx 5-10 minutes, and i cover him in it!

    Right, must get on, finish cleaning, the need to get some hay collected for the bottomless belly pit of my poppo!
    current official end date of mortgage= 2037-aiming for 2030
    mortgage balance start of challenge- 25/11/2016 £245,695
    overpayments 28th nov 2016-04th August 2018 =£8,738.57
    mortgage balance of currently = £220,000 04/08/18

    month 7 of 21 month plan
    • sammy70
    • By sammy70 4th Aug 18, 2:26 PM
    • 549 Posts
    • 1,644 Thanks
    sammy70
    August update
    Right, heres Augusts update

    July monthly interest= £401.72
    Daily + £12.95
    New balance = £221,401.72

    Direct Debit 1st August = £1165.26
    New Balance = £220,236.46

    overpaid 4th August = £236.46

    New balance - £220,000

    Anice round figure!
    current official end date of mortgage= 2037-aiming for 2030
    mortgage balance start of challenge- 25/11/2016 £245,695
    overpayments 28th nov 2016-04th August 2018 =£8,738.57
    mortgage balance of currently = £220,000 04/08/18

    month 7 of 21 month plan
    • A Frayed Knot
    • By A Frayed Knot 4th Aug 18, 4:43 PM
    • 2,460 Posts
    • 10,895 Thanks
    A Frayed Knot

    New Balance = £220,236.46

    overpaid 4th August = £236.46

    New balance - £220,000

    Anice round figure!
    Originally posted by sammy70

    Sorry, I deleted part of your quote stating the monthly interest figure - didn't like that one bit


    However "a woman after my own heart" Loving the zero's I call them "Knotty Noughts"


    Keep going - has made a huge reduction to my mortgage doing this.
    Last edited by A Frayed Knot; 04-08-2018 at 4:51 PM.
    Always have 00.00 at the end of your mortgage and one day it will all be 0's
    Target 16 months 8/24
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69, 2016/£3186.80, 2017 £4068.97

    • A Frayed Knot
    • By A Frayed Knot 4th Aug 18, 4:50 PM
    • 2,460 Posts
    • 10,895 Thanks
    A Frayed Knot
    Oh, just read your post about the arrangements for your FIL and the wrong date being published, not very professional and doesn't fill you with any confidence in them, although I'm sure they will double check everything after your complaint.

    All you need on top of everything else, but at least you spotted the mistake and they have time to rectify it for you all.
    Always have 00.00 at the end of your mortgage and one day it will all be 0's
    Target 16 months 8/24
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69, 2016/£3186.80, 2017 £4068.97

    • chumpy45
    • By chumpy45 8th Aug 18, 4:30 PM
    • 325 Posts
    • 1,417 Thanks
    chumpy45
    Hi Sammy, just catching up after a long absence. So sorry to read about your FIL and also the poor service at such an emotional time from the undertakers. Thinking of you and your family.

    It has been fab reading about all your adventures culminating in the arrival of your horse - how exciting. Your forever home sounds idyllic (and lots of hard work). Am looking forward to your continued adventures and MFW journey.
    Starting Mortgage 01.08.08 £171,209.24. Mortgage as at 01.09.15 - £54,780.04; 01.11.15 £49,577.04;01.03.16 £45,799.32; 01.08.16 £42,418.93; 01.10.16 £40,119.5 01.02.17 £36,584.00; 01.04.17 £34,694.71 09.06.17 £32,828.89 MFW Target date Sept 2017; :) 06.08.18 £24,769.47 New Target Date Sept 2020
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