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  • FIRST POST
    • jodles16
    • By jodles16 25th Aug 14, 3:30 PM
    • 1,369Posts
    • 4,154Thanks
    jodles16
    New House, New Mortgage!
    • #1
    • 25th Aug 14, 3:30 PM
    New House, New Mortgage! 25th Aug 14 at 3:30 PM
    I will start off by telling you a little about me! Just over three years ago my lovely husband and I bought our first home, we love our house but it no longer suits our needs! In this time we have changed jobs and got pay rises which has meant we can afford to move a big step closer to our dream home! So not only have we changed jobs and had promotions, we adopted two rescue dogs (my babies), got engaged and married, went on an amazing honeymoon and are just waiting to exchange contracts and complete on the next phase!

    This comes in the form of a recently renovated semi detached house with just under an acre of land. It is as close to the dream house we are going to get and we are so damn excited! Now this lovely property is going to set us back £930 a month on the mortgage alone, as we have done it under the help to buy scheme with 5% deposit. As it will be our long term home we feel its worth the risks involved and with our most recent wage increases it should be manageable with a little wriggle room!

    Anyhow, we are looking at possibly moving in next weekend (though its been a horribly stressful and painful experience so far!), we need to add some secure fencing to part of the property so we can have the doggies somewhere safe, and it is heated using gas bottles so we are hoping that we can get a decent fire installed with a flue, not in a smokeless zone. This will all cost moolah we aren't sure we will have. Theoretically we are hoping to have about 1.5k left after the move and will need double that for the fencing (top estimate). Both planning on overtime from now till whenever to try to avoid getting a loan, but this is the other option. Get a nice low percent loan and get these bits sorted then work on paying that off quicker instead of the mortgage... Or overpay more loan and less mortgage...Hmmm decisions!

    Would like to make these changes to the house in the hope it will add a little extra value when remortgaging comes around, and would really like to have at least another 5% paid off in two years time to make a 10% deposit therefore hopefully meaning we will have better options available!

    Anyway have wittered on, off to dream about my garden!

    Jodles
Page 27
    • jodles16
    • By jodles16 6th Sep 18, 7:58 AM
    • 1,369 Posts
    • 4,154 Thanks
    jodles16
    Wow my goodness, almost missing a year! Lots to catch up on, including a re-mortgage to a fixed rate for 5 years and we have added some new additions to the house (not human!)! I will be back on (I promise!!haha) to update properly when I have more time!


    Jodles
    MFW2017 #29 1200.24/4524
    MFiT #66
    Overall aim 10,124.20/21,743 (£156,000)
    2016- Jan-£177,472, Apr-£173,195.04, July- £171,417.47 Oct- 169,366
    2017- Jan- 167,347.80 Apr- July- Oct-

    • Kittenkirst
    • By Kittenkirst 6th Sep 18, 8:28 AM
    • 2,021 Posts
    • 11,124 Thanks
    Kittenkirst
    Nice to see you Jodles- was wondering how you were getting along.

    Looking forward to seeing your update on life- very excited for your new additions to the house too
    2018 MFW #20 - OP £3302.35/ £3000 110%
    Aug: £461.02 Sept: £10 Oct: £240.82 Nov: £50.65

    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    Overpayments 2016 £255.50 2017 £2600.40
    • jodles16
    • By jodles16 8th Sep 18, 12:48 PM
    • 1,369 Posts
    • 4,154 Thanks
    jodles16
    So, since I was last here I have tried another job, which has caused me to struggle with my mental health, I am acutely aware of the affects of stress being a mental health nurse! So I am leaving at the end of this month to do agency work, therefore earning money, stepping in where I am needed and having some time around long days to work on myself and what I want from my life! Finished my canine massage course, not got the confidence to take this public yet but once I finish this job I am hoping to spend some time in a local rescue. It is a very physical thing so I cannot do many before I am aching all over!


    In weight news, I went for hypnotherapy, no matter what you make of it, it has helped me shift 1stone 10pounds since May 2018, I have now gone from my heaviest ever weight to the weight I was Jan 2017, though very briefly as I quickly put weight back on then!


    We have been away to Edinburgh this year, it was amazing, I went to the London Flower show with my best friend and in just over a month I am off to Landan with the hubby for an adventure and our anniversary!


    Next year, we are going to be going to Florida with some of my family, which I am super excited about! The following year we are off to a wedding in New York! So two very big holidays coming up that I want to make sure we have enough monies for to have a wonderful time!


    Most excitingly, we have rescued four ex battery chickens- the girls! We are completely in love with them (well, big dog isnt, she is slightly less driven to trying to eat them now then at the beginning!). I researched long and hard, we have foxes in the area and I knew big dog would want to eat them so we got an Omlet cube and walk in run, 2nd hand from the bay of e. £650, which is good considering it would be pretty much double brand new, girls are very happy with their home and as its plastic it is ridiculously easy to keep clean. They lay so many eggs its madness they were ue to be killed! They are name after Jurassic World velociraptors- Delta, Echo, Blue and Charlie. We have since purchased an automatic door, makes life so easy for all of us and have extended the walk in run. Those two add £400 onto the total cost but it is perfect now!


    I will update on the mortgage shortly!


    Jodles
    MFW2017 #29 1200.24/4524
    MFiT #66
    Overall aim 10,124.20/21,743 (£156,000)
    2016- Jan-£177,472, Apr-£173,195.04, July- £171,417.47 Oct- 169,366
    2017- Jan- 167,347.80 Apr- July- Oct-

    • Moneyfordreams
    • By Moneyfordreams 8th Sep 18, 4:00 PM
    • 1,140 Posts
    • 5,666 Thanks
    Moneyfordreams
    glad to see you back Jodles. I had a bit of a break too last year... All refreshing

    I'm glad you have found agency work is better for you... keep looking after yourself. Finding "the" job you love is super hard and I think quite fluid throughout life.... I'm certainly not encouraging my youngest to make any rash choices
    Last edited by Moneyfordreams; 08-09-2018 at 4:03 PM.
    Mortgage restart June 2018 £119950
    zero personal cc
    6x166 for sofas ending November 2018
    £2500 on DD1s car cc
    • jodles16
    • By jodles16 8th Sep 18, 7:16 PM
    • 1,369 Posts
    • 4,154 Thanks
    jodles16
    Thanks MFD! I have been qualified almost 10years and wonder if I am just tired!


    So mortgage news:



    We got the house valued at £210k, this made our £160k perfect for the next %bracket, technically it fits in the 80% bracket but is actually 76.19%. This makes me deliriously happy


    We went for a fixed rate for 5years, 2.11%. For every £1 borrowed we will pay £1.51 back, this is a big decrease from the last mortgage.


    Our monthly payments havent changed much, we have instead, shortened the term from 31years to 26 years at the same payment as before!


    On the 1st August 2018 our mortgage stood at £160,000


    Our monthly cost is : £666.72, though our first payment was £272.26- no one seems sure why, but it might be as our mortgage was actually under 160k when it switched so there was some left over.


    As it stands, this would mean I will be mortgage free at 57...I would definately like it to be less than this, but we are holidaying etc so it will need to be balanced.


    Our monthly interest is approx £280 a month, this is so good compared to our very first mortgage and even our second mortgage, and it looks as though out of the payment, £385approx will be off the capital! Hurrah!


    I will be looking into how I can make some small OPs and I need to register for online banking as it has been two months and I dont accurately know the mortgage balance now!


    Jodles
    Last edited by jodles16; 08-09-2018 at 7:20 PM.
    MFW2017 #29 1200.24/4524
    MFiT #66
    Overall aim 10,124.20/21,743 (£156,000)
    2016- Jan-£177,472, Apr-£173,195.04, July- £171,417.47 Oct- 169,366
    2017- Jan- 167,347.80 Apr- July- Oct-

    • jodles16
    • By jodles16 9th Sep 18, 4:35 PM
    • 1,369 Posts
    • 4,154 Thanks
    jodles16
    I would like to OP the monthly interest, but DH thinks this is way too much money when we haveholidays coming up and still have lots of house stuff todo. I suspect that he is correct but I have that thought in my head now...perhaps once I am getting regular shifts etc I may be able to send some money over to the mortgage and do it that way.



    Though I want to build up my personal savings as I like a 1k buffer for christmas/birthdays/time out with friends that arent joint ventures! It stands at £220 right now and I have a week in Oct where I am away so need to make sure I am covered for bills as will be on agency then. I am pretty sure that I have all that covered in my brain for when I am booking and it shouldnt add strain.


    Nervous/excited to be moving away from current job, really hoping my love for nursing will come back and I can re-focus.


    Very wet day here yesterday, better toay. DH has sold the ride on mower- he got a bigger one which is great a couple of months ago so decided it was time, this will go into the car fund as his cheap run around is sprouting problems and we arent sure it will survive MOT next year.


    Yesterday I got blackberries, two types of eating apples and cooking apples all from the garden and the girls laid four eggs for the third day in a row!



    Jodles
    MFW2017 #29 1200.24/4524
    MFiT #66
    Overall aim 10,124.20/21,743 (£156,000)
    2016- Jan-£177,472, Apr-£173,195.04, July- £171,417.47 Oct- 169,366
    2017- Jan- 167,347.80 Apr- July- Oct-

    • jodles16
    • By jodles16 10th Sep 18, 10:54 AM
    • 1,369 Posts
    • 4,154 Thanks
    jodles16
    Yesterday we went to watch Indiana Jones with a live Orchestra, was amazing!!
    I have registered for online banking with T*sco, they were really helpful and gave me all the info needed to make OP's. Made me laugh when she said I cant OP more then 32k a year, in my dreams!haha.

    Today I have done a version of TT- I rounded up our house account, then remembered it owes both me and DH so paid us back and then rounded up again, we dont have a huge amount of movement in that account after all the bills etc so I figured a bigger round up would make sense! I have £16.44 sat in the 'other' account. T*sco will send me a statement every time I OP so my plan is to just send it across once a month to limit this.

    £16.44 OP will save us £8.38 in interest over the term as every £1 borrowed costs £1.51 to repay. Yay!

    Day off work today, will be a nice day as work is so stressful/busy that I need this time to be kind to myself before I face it again! Though I do have the dentist had to have two root canals on the same tooth in Jan, now it is causing problems which suggests they didnt work so no idea what they will do to me today!


    Jodles
    MFW2017 #29 1200.24/4524
    MFiT #66
    Overall aim 10,124.20/21,743 (£156,000)
    2016- Jan-£177,472, Apr-£173,195.04, July- £171,417.47 Oct- 169,366
    2017- Jan- 167,347.80 Apr- July- Oct-

    • Moneyfordreams
    • By Moneyfordreams 10th Sep 18, 2:54 PM
    • 1,140 Posts
    • 5,666 Thanks
    Moneyfordreams
    Ouch to dentist... reminds me I need to book.

    I can't wait to get back to OP. The OP the interest is a goal if you can manage it... but so is the lure of sunshine and adventures
    Mortgage restart June 2018 £119950
    zero personal cc
    6x166 for sofas ending November 2018
    £2500 on DD1s car cc
    • jodles16
    • By jodles16 11th Sep 18, 9:34 PM
    • 1,369 Posts
    • 4,154 Thanks
    jodles16
    You are spot on MFD, both are alluring and exciting!haha. OPing the interest is probably not realistic right now, but I will be glad to OP even a little bit!

    Antibiotics from the Dentist, everything crossed this works....

    Been a little spendy this month, including a spa day in Oct and starting on buying presents as well as some new clothes for me- loosing weight does mean I need some new clothes!haha. Need to be careful though.

    Pretty much hump day now, yay!


    Jodles
    MFW2017 #29 1200.24/4524
    MFiT #66
    Overall aim 10,124.20/21,743 (£156,000)
    2016- Jan-£177,472, Apr-£173,195.04, July- £171,417.47 Oct- 169,366
    2017- Jan- 167,347.80 Apr- July- Oct-

    • greent
    • By greent 12th Sep 18, 2:25 PM
    • 7,507 Posts
    • 76,185 Thanks
    greent
    Yeay to rescue chooks!

    All sounding like it's going well, jodles xx
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    BTL Mtge 12/16 £69786. 2018 OPs (#18) £7127.06/£7500
    Net sales 2018 £718.06/£1000 PAYDOX18 (#15) Done £18918.90
    • jodles16
    • By jodles16 15th Sep 18, 3:32 PM
    • 1,369 Posts
    • 4,154 Thanks
    jodles16
    Thanks greent,

    Life is mostly good at the moment, I am happy with a lot of things we have achieved but still lots of things that I would like to work on.

    Looking at getting a 0% credit card to chuck holiday things on to lessen the pressure of having to use any Florida budget to prebook New York, we fly to Florida in Sept next year and New York is the following June. Just not quite enough time to save, I am hopefully well overbudgeting so that it can all be payed off fairly quickly once we have been away!

    Off to London at the end of next month, really looking forward to this, prebooked most things and have got money off for this, accomodation is airb*b so good price and already paid. Do need to pay the dog sitters the rest of the money £100, for this they are in my home 20hours a day and will look after the girls as well.

    In Jan, we have been invited for half a week to the Lakes with my folks and some other family, will be good practice for Florida, as we will all be living in close proximity!! Most cost will be dog care, will use the home based service again.

    Going away to near Northumberland for my birthday, already got a great deal on airb*b, also booked the amazing kennels that are booking up well in advance of a year! This is cheaper than home care!

    My friend has suggested going to Blackpool and watching Rocky Horror, this would be June/July I believe so another thing to bear in mind cost wise.

    Then it is Florida! Cannot wait! We have already booked the flights, got a good deal and my folks are paying for the accomodation- its two apartments that connect. Dogs are in amazing kennels for this too! So much excitement!


    Jodles
    MFW2017 #29 1200.24/4524
    MFiT #66
    Overall aim 10,124.20/21,743 (£156,000)
    2016- Jan-£177,472, Apr-£173,195.04, July- £171,417.47 Oct- 169,366
    2017- Jan- 167,347.80 Apr- July- Oct-

    • jodles16
    • By jodles16 16th Sep 18, 10:59 AM
    • 1,369 Posts
    • 4,154 Thanks
    jodles16
    Today has been a little money saving as in, have purchased the Universal studios tickets, at the moment they are including Volcano Bay in with the studios and islands of adventure. So a eye watering £274 pounds each, but access to all three parks, unlimited for 14days. Used the holiday account to pay for these upfront which is nice!

    Will also be getting DH to return some clothes that dont fit when he goes out today which is needed in my personal account this month! Less than a week to pay day, woohoo!

    Have popped some more money over to the OP pocket, it stands at £44.04 at the moment! Yay!

    Jodles
    MFW2017 #29 1200.24/4524
    MFiT #66
    Overall aim 10,124.20/21,743 (£156,000)
    2016- Jan-£177,472, Apr-£173,195.04, July- £171,417.47 Oct- 169,366
    2017- Jan- 167,347.80 Apr- July- Oct-

    • Moneyfordreams
    • By Moneyfordreams 16th Sep 18, 12:44 PM
    • 1,140 Posts
    • 5,666 Thanks
    Moneyfordreams
    your holidays sound fantastic
    Mortgage restart June 2018 £119950
    zero personal cc
    6x166 for sofas ending November 2018
    £2500 on DD1s car cc
    • jodles16
    • By jodles16 16th Sep 18, 1:52 PM
    • 1,369 Posts
    • 4,154 Thanks
    jodles16
    Thanks MFD!

    It worked really well in my favour as I am the holiday/travel lover in the house, my folks have asked us to Florida a few times as they time share, this was the first time we thought it would be affordable so we agreed. Cue a few months later being invited to New York the following year for a wedding (Hubby is best man so has to go- yay!)! No way hubby would have agreed two such massive holidays had they come up together!

    A bit more MFW is that I have made a vat of leek and potato soup for the week, made veggie bangers and mash- swede, carrots and potato for today and made a vanilla sponge- our own eggs, added some red food colour and it is a fab pink! Tastes delish! I am not a good cooker or baker so pleased with this!!


    Jodles
    MFW2017 #29 1200.24/4524
    MFiT #66
    Overall aim 10,124.20/21,743 (£156,000)
    2016- Jan-£177,472, Apr-£173,195.04, July- £171,417.47 Oct- 169,366
    2017- Jan- 167,347.80 Apr- July- Oct-

    • jodles16
    • By jodles16 16th Sep 18, 8:11 PM
    • 1,369 Posts
    • 4,154 Thanks
    jodles16
    Financial chat today has led to some budget ideas! Current pots:
    • Driveway- £3k
    • House budget- £0
    • Holiday budget- £699
    • Personal savings- £220
    Aim-

    • No change to driveway budget unless it is not enough! Just need quotes and to get it done!
    • House budget- to increase by £200 a month (starting Oct pay day), no definative amount being aimed for.
    • Holiday savings are £250 a month, I think this needs to increase by £100-£200 to help not use credit cards (plan to increase Oct pay day)
    • Personal savings- I would like these to be back at £1k, but at the moment will be happy to save anything and use for birthdays and Christmas, then next year build it up again!

    Jodles
    Last edited by jodles16; 16-09-2018 at 8:13 PM.
    MFW2017 #29 1200.24/4524
    MFiT #66
    Overall aim 10,124.20/21,743 (£156,000)
    2016- Jan-£177,472, Apr-£173,195.04, July- £171,417.47 Oct- 169,366
    2017- Jan- 167,347.80 Apr- July- Oct-

    • jodles16
    • By jodles16 19th Sep 18, 6:30 PM
    • 1,369 Posts
    • 4,154 Thanks
    jodles16
    Last night went to 'rave tone', bit achy today! Off to clubbercise tonight, will pick two other exercise classes next week, plan on allowing £10 a week for classes as part of trying to be healthier. Lost another pound of weight, happy with that but have a target and need to lose 6.5pounds in just over five weeks, so one pound isnt quite enough! Not being hard on myself though, that doesnt help.



    Pay day on Friday, hooray!!


    Jodles
    MFW2017 #29 1200.24/4524
    MFiT #66
    Overall aim 10,124.20/21,743 (£156,000)
    2016- Jan-£177,472, Apr-£173,195.04, July- £171,417.47 Oct- 169,366
    2017- Jan- 167,347.80 Apr- July- Oct-

    • jodles16
    • By jodles16 22nd Sep 18, 9:50 PM
    • 1,369 Posts
    • 4,154 Thanks
    jodles16
    So tomorrow our friends dad is coming round to quote for the front driveway, after annoying patio man I just want someone we can trust, so hoping he would be willing to do the work. He does this work anyway but isnt really that local so will only work if he is willing to travel.

    Clubbercize was almost fun last week, this week am doing aqua zumba and Clubbercise, so two classes again. Have got a replacement fitbit which is so nice, have missed it so much! Still tracking kcals on MFP as well.

    Hubby has been working away a lot which has sucked, he is looking very tired and is up very early tomorrow for another job, then in all next week

    Not got my agency shifts booked yet which is making me a little nervous, but the agency said that I will have more than enough work.

    Friday was money shuffle from me- had £300 left, so have put £100 into the holiday and £200 to the side for MOT/service next month. Have bought large part of hubbies birthday present and some bits of birthday present for my friend, need to find something for my dad and my mum, whose birthdays are coming up!

    Have also been debating having my eye lashes permed again, it looked really good, and maybe doing gel nail things with halloween stickers on for our getaway to London. Not very good at being girly generally!

    Girls are all really well, tarpaulin over the runs managed really well given the stormy weather and they seem nonplussed, loads of eggs!

    Going to make soup again tomorrow for next week, this was definately helpful with calorie counting and also more filling than other stuffs!


    Jodles
    MFW2017 #29 1200.24/4524
    MFiT #66
    Overall aim 10,124.20/21,743 (£156,000)
    2016- Jan-£177,472, Apr-£173,195.04, July- £171,417.47 Oct- 169,366
    2017- Jan- 167,347.80 Apr- July- Oct-

    • EatingTheElephant
    • By EatingTheElephant 23rd Sep 18, 7:52 AM
    • 1,339 Posts
    • 7,308 Thanks
    EatingTheElephant
    Welcome back Jodles, lots going on and lots to look forward to, a big welcome to the girls!

    You’re sounding very focussed, impressive mortgage figures too, coming down very nicely
    • greent
    • By greent 23rd Sep 18, 8:02 AM
    • 7,507 Posts
    • 76,185 Thanks
    greent
    I like the idea of a 0% card for juggling payments with the 2 big holidays - we first took one out for when we went to Florida in 2016 - it just helped with timings and meant no interest costs. Did it again with our kitchen refurb (at the start of this year) and holiday last Oct - we were throwing all money into the kitchen refurb savings but booked a short break in Oct and put it on 0% and cleared it a few months later. I have no issues with this - if you have the discipline to pay it off in a reasonable timescale. We're thinking (only loosely and tentatively) about Florida possibly again in 2020 - I have no doubt I'd use a 0% deal or that again if I found one at an appropriate time!

    Lots going on - but all sounding positive and happy over here x
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    BTL Mtge 12/16 £69786. 2018 OPs (#18) £7127.06/£7500
    Net sales 2018 £718.06/£1000 PAYDOX18 (#15) Done £18918.90
    • jodles16
    • By jodles16 30th Sep 18, 11:56 AM
    • 1,369 Posts
    • 4,154 Thanks
    jodles16
    Lovely to 'see' you ETE!!

    Thanks greent, clever use of a credit card isnt to be frowned upon, you are correct!

    I have applied and got a 0% for 27months, they gave me a £4k limit which is terrifying, haha. This will only be used as a buffer and I will make a note of the 0% ending just in case we need to tart it!

    Feeling a little low today, partly as I have been out drinking both Friday and Saturday which isnt helpful, but also that my 5 year old nephew made 3 comments about me being fat yesterday. I know I am fat, I have been for a while, but I guess its made me think how many people probably think about how fat I am, but politeness stops it from being said aloud. Also, alcohol and eating more food means that all my exercise last week and better eating has been neutralised or wiped out. Meh.

    Jodles
    MFW2017 #29 1200.24/4524
    MFiT #66
    Overall aim 10,124.20/21,743 (£156,000)
    2016- Jan-£177,472, Apr-£173,195.04, July- £171,417.47 Oct- 169,366
    2017- Jan- 167,347.80 Apr- July- Oct-

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