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  • FIRST POST
    • Kittenkirst
    • By Kittenkirst 5th Feb 16, 10:35 AM
    • 1,899Posts
    • 10,199Thanks
    Kittenkirst
    Getting a mortgage and then becoming mortgage-free!
    • #1
    • 5th Feb 16, 10:35 AM
    Getting a mortgage and then becoming mortgage-free! 5th Feb 16 at 10:35 AM
    Hi all!
    So from my title you may have guessed I don't yet have a mortgage, however I am hoping that will all change within the next few weeks.
    I will then start on overpaying the mortgage and really penny pinching to try and reduce it down as much as possible!

    I'm hoping this is alright to start my diary in here? :-)

    The story so far, my lovely girlfriend and I have been discussing getting a place together for some time. We started looking at houses (al very small and far from her parents- which is a no-no, we want to be close to them to visit regularly). Last weekend we went to see a new build development and fell in love with a house- less than 2 miles from her parents, perfect size for the two of us and within our budget (from getting mortgage in principle information and confirming monthly payments were well within our budgets).

    Sooooo we took her parents round for their seal of approval, spoke with an agent we know through the family about pertinent questions to ask, did lots of number crunching and then placed a reservation.....

    ....so we've now got paperwork from solicitors re the conveyancing etc and paperwork from the mortgage advisors to sort out this weekend.
    We have re-jogged our budget to ensure we had the deposit in savings by end of Feb (we thought we'd have a few months before we found anywhere) so are ready to almost hand over £18500 :O

    I have agreed to move into her parents house and pay rent in mid March to prevent paying rent, bills and food (will save an extra £500 a month) so we should be in a good position for when the house is ready September/October time!

    Does anyone have any hints or tips so far?

    Our brokers/solicitors are ones recommended by family who've used them and really recommend them and we've sense checked the rates the solicitors charge to ensure its competitive.
    2018 MFW #20 - OP £1799.61/ £3000 60%
    Mar: £218 Apr: £528.91 May: £361.07

    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    Overpayments 2016 £255.50 2017 £2600.40
Page 56
    • michelle09
    • By michelle09 3rd Jan 18, 7:41 PM
    • 787 Posts
    • 4,368 Thanks
    michelle09
    Jumanji is delightful. Jack Black is a very convincing teenage girl. Molly's Game does look very interesting too, we are toying with it. We have unlimited cards so try and make good use of them.

    Especially as it sounds that you and gf could use some mindless escapism with everything else going on.
    • Kittenkirst
    • By Kittenkirst 3rd Jan 18, 8:57 PM
    • 1,899 Posts
    • 10,199 Thanks
    Kittenkirst
    Ohhh Michelle, that does sound good.

    Gf booked us in for Mollys game on Friday evening, but we have one more free ticket which we!!!8217;ll try to us on a bogof night and see Jumanji if we can

    I have returned to work this week and found it very daunting. I!!!8217;m still taking the medication and have had one last CBT call today which went well. Just have to keep practicing the techniques and working through the anxiety.

    On a very very exciting note we have finally booked the Grand Prix tickets for Singapore!! We spent ages comparing the tickets as there is a multitude to chose from, but Think we!!!8217;ve settled on the right ones for us

    Next step is the flights to Singapore then onto Sydney!!! Eeeeeeeeeeeek!! Not MSE really but we are frugalising where possible and ploughing pennies into savings to really ensure we have a fantastic holiday!

    2018 MFW #20 - OP £1799.61/ £3000 60%
    Mar: £218 Apr: £528.91 May: £361.07

    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    Overpayments 2016 £255.50 2017 £2600.40
    • themadvix
    • By themadvix 4th Jan 18, 10:34 AM
    • 1,718 Posts
    • 10,042 Thanks
    themadvix
    Exciting stuff! Especially the GP - I'm very envious! MFW is all about finding the balance, living life and making every penny count - I think that covers the trip down under!
    OPs 2018 = £2090
    Moving savings = £636.46
    OPs 2017 = £3103
    Starting balance 2012: £132000; balance Jun 2018: £92,000
    MFW2018 no. 38
    • Kittenkirst
    • By Kittenkirst 6th Jan 18, 8:52 AM
    • 1,899 Posts
    • 10,199 Thanks
    Kittenkirst
    Yes totally TheMadVix, it!!!8217;s all about balance & financials freedom to do the things you love!

    The week at work is done and glad I!!!8217;ve gone back- I!!!8217;m on shorter days next week (two hours earlier finish) which should help ease me back in.

    We have now booked our flights- wahooo! We are flying to Singapore, then onto Sydney. We!!!8217;ll fly home from cairns a few weeks later. Hurrah! 249 days to go, and loads of time for more saving!

    We had the news of a family wedding in July in Italy so we are trying to work out the travel for that and keep it within budget. Funny how we went from no holidays last year to two this year

    Mollys Game was a great film, the cinema staff were fab as turned out gf bought tickets for Wednesday - oooops! They sorted it out for us with no issues. We took in water bottles, some pretzels and dried fruit trying to be both money savvy and diet savvy!

    The weight I had gained whilst off work has come off already- yay! Now 3.9kg to lose which will be hard but we have dates in the diary to work towards- 9th March being the first one as a friends wedding

    First Op of the year of £1.23 from interest in the joint account. £30 cash back for utility switch has confirmed so after the Quidco fee for the year I!!!8217;ve requested a withdrawal to OP

    This years target is going to be very tough as we have the two trips, a higher target, and less stuff to sell having got rid of loads last year already. Indeed the six items on eBay didn!!!8217;t sell this week so will relist in the hope that they do.

    Today!!!8217;s plans are to get the house spick & span, read a chapter in my Australia lonely planet book and then a two hour yoga workshop
    Last edited by Kittenkirst; 06-01-2018 at 8:56 AM.
    2018 MFW #20 - OP £1799.61/ £3000 60%
    Mar: £218 Apr: £528.91 May: £361.07

    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    Overpayments 2016 £255.50 2017 £2600.40
    • A Frayed Knot
    • By A Frayed Knot 6th Jan 18, 9:15 AM
    • 2,395 Posts
    • 10,731 Thanks
    A Frayed Knot
    Sounds an exciting year ahead for you both.

    Sometimes, when I relist on the bay on items that haven't sold for ages, I switch to a different main photo, and hey presto - it sells within days - got to say doesn't always happen, but has on quite a few occasions.
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    Target 18 months 6/24
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69, 2016/£3186.80, 2017 £4068.97

    • michelle09
    • By michelle09 6th Jan 18, 4:11 PM
    • 787 Posts
    • 4,368 Thanks
    michelle09
    Hooray! Holiday sounds amazing, and you have loads of time to look forward to it.

    We may try and fit in Molly's Game next week, it certainly looked promising. And I have a soft spot for anything Idris Elba.
    • Kittenkirst
    • By Kittenkirst 6th Jan 18, 6:12 PM
    • 1,899 Posts
    • 10,199 Thanks
    Kittenkirst
    OHhh that!!!8217;s a good suggestion A Frayed Knot- I shall give that I go tomorrow when I re-list. Thank you!
    2018 MFW #20 - OP £1799.61/ £3000 60%
    Mar: £218 Apr: £528.91 May: £361.07

    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    Overpayments 2016 £255.50 2017 £2600.40
    • A Frayed Knot
    • By A Frayed Knot 6th Jan 18, 8:29 PM
    • 2,395 Posts
    • 10,731 Thanks
    A Frayed Knot
    Hope the re-listing works out well for you.

    Yoga - have never given it a try - we are offered sessions in the workplace (after work, of course) - two a week - and they are f r e e
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    Target 18 months 6/24
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69, 2016/£3186.80, 2017 £4068.97

    • Kittenkirst
    • By Kittenkirst 7th Jan 18, 8:28 AM
    • 1,899 Posts
    • 10,199 Thanks
    Kittenkirst
    Hooray! Holiday sounds amazing, and you have loads of time to look forward to it.

    We may try and fit in Molly's Game next week, it certainly looked promising. And I have a soft spot for anything Idris Elba.
    Originally posted by michelle09
    Heís very good in it
    2018 MFW #20 - OP £1799.61/ £3000 60%
    Mar: £218 Apr: £528.91 May: £361.07

    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    Overpayments 2016 £255.50 2017 £2600.40
    • debtfreeoneday
    • By debtfreeoneday 8th Jan 18, 1:14 PM
    • 2,822 Posts
    • 9,724 Thanks
    debtfreeoneday
    Glad work is going ok! Take it easy
    DFW (08/08) £64,346.53 Credit card debt: £3,403.45 over three credit cards.
    MFW (01/15) £118,031.21 £92808.90 ~ 2017 OPs £104.44
    Earnings 2018 Pcone £18.00 ~ Ips0s £10.00 ~1poll £43.50 ~ Pr0filic £44.62 ~ TCB £93.12 ~ YouGov £37.75
    • Kittenkirst
    • By Kittenkirst 8th Jan 18, 1:45 PM
    • 1,899 Posts
    • 10,199 Thanks
    Kittenkirst
    Hope the re-listing works out well for you.

    Yoga - have never given it a try - we are offered sessions in the workplace (after work, of course) - two a week - and they are f r e e
    Originally posted by A Frayed Knot
    Ooooooh I definitely recommend trying it- I always thought it wasnít high impact (or sweat!) enough for me to enjoy but I was so suprised that I love it, the first few gos were tough mentally and physically but I now love it so much <3

    And if itís free whatís not to love
    2018 MFW #20 - OP £1799.61/ £3000 60%
    Mar: £218 Apr: £528.91 May: £361.07

    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    Overpayments 2016 £255.50 2017 £2600.40
    • Kittenkirst
    • By Kittenkirst 8th Jan 18, 11:07 PM
    • 1,899 Posts
    • 10,199 Thanks
    Kittenkirst
    Quidco cash back has cleared- was £26.21 which has been swiftly overpaid today

    2018 oP!!!8217;s are £27.44 so far. We!!!8217;re aiming for £3k this year which is £250 per month I!!!8217;ve been playing with my banking app to see where we can trim some fat and what we have lined up.

    For February we don!!!8217;t pay council tax on the 1st so we can OP £130 on the 15th Jan (pay day) and can do the same on 15th Feb. Putting that alongside our standard OP we have budgeted at £119.80 we only need to find 20p for Jan & Feb to hit target

    Wanting to try and get ahead, I!!!8217;ve done a few prolific studies today so am at £4.80 on that, I need to be a bit more committed with these this year and try to earn £20 a month. Last year totalled £94.01 whiz was mostly towards the end of the year when I read in someone!!!8217;s diaries to check the website at different times throughout the day. I want to try and max this out to £250 this year- would be fab to make a whole months worth of OPs via surveys

    I also need to bite the bullet and place my first matched bet- the separate bank account is all set up with some spare pennies in it- I just need to crack on with it!

    We had the boiler service today, so £85 spent and a braces fitting tomorrow so £200 to be paid. Ouch to be paying these before payday on Friday!

    Need to book the flights & hotel for the Italian wedding in July tomorrow too. Thank goodness for rebuilding our saving pots after buying the house! :P
    Last edited by Kittenkirst; 08-01-2018 at 11:11 PM.
    2018 MFW #20 - OP £1799.61/ £3000 60%
    Mar: £218 Apr: £528.91 May: £361.07

    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    Overpayments 2016 £255.50 2017 £2600.40
    • themadvix
    • By themadvix 9th Jan 18, 11:06 AM
    • 1,718 Posts
    • 10,042 Thanks
    themadvix
    Will be taking a leaf out of your book re Prolific, KK - I know I could do more, so I must!

    AFK - there's loads of yoga videos on Youtube: you could always try one of them as a taster. DH and I enjoy Yoga with Adriene and Boho Beautiful. I'd love free yoga classes!
    OPs 2018 = £2090
    Moving savings = £636.46
    OPs 2017 = £3103
    Starting balance 2012: £132000; balance Jun 2018: £92,000
    MFW2018 no. 38
    • michelle09
    • By michelle09 9th Jan 18, 11:11 AM
    • 787 Posts
    • 4,368 Thanks
    michelle09
    Good luck with the matched betting, I hope it goes well! One day I will have the nerves to try it.

    Start scouring the floor for the last 20p?
    • Kittenkirst
    • By Kittenkirst 9th Jan 18, 10:58 PM
    • 1,899 Posts
    • 10,199 Thanks
    Kittenkirst
    Rounded off the joint bills account this evening. £5.55 swept across to the Mortgage

    Pinecone survey has been credited so requested a withdrawal of the £3 so will oP that as soon as it hits the bank.

    Gym session completed this evening; planned the gym tomorrow with a friend for a kettlebell class, I!!!8217;m then booked in for yoga with two friends at 7pm. As I!!!8217;ve referred them for a free taster session I!!!8217;ll get £10 knocked off my Jan membership....it all helps.

    Picked up some YS mackerel and pork escalopes on my lunch time walk to Sainsbury!!!8217;s. We made a soy, chilli, garlic, lime & honey glaze for the £1.60 mackerel and served with brocolli, some mixed rice/quinoa for me and some shredded white cabbage for us both. It was pretty delicious however the chillis I bought are super spicy- my lips have just calmed down now!!!

    The pork is packed into three double portions and frozen already- will probably cook these when gfs away as she!!!8217;s not a big fan of pork. I!!!8217;ve frozen two portions as can always make double for lunch the following day.

    In the pursuit of not spending unnecessarily we!!!8217;ve cooked frozen chilli chicken breasts (multipack from Iceland) ready for lunch tomorrow- gf will have mini wrap with veggies, I!!!8217;ve got the leftover mixed rice/quinoa which I!!!8217;ll pack full of chopped peppers, grated carrots and sweetcorn in the morning.

    Porridge is also portioned out for the office- trying Nutella (we have a huge jar from when nephews visited in the summer) & a banana I got at the office today (love the fruit bowls at work).

    Payday is not until Monday- I had thought it was Friday which is a bit rubbish- should have paid more attention to the dates! This month is looking tight as still paying large installments for my braces. My latest check up I was told they will come off in March/April. Hurrah!! The teeth are already looking straight they just need to close some gaps now.

    Time to read a few more diaries and get some shut eye
    Last edited by Kittenkirst; 09-01-2018 at 11:00 PM.
    2018 MFW #20 - OP £1799.61/ £3000 60%
    Mar: £218 Apr: £528.91 May: £361.07

    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    Overpayments 2016 £255.50 2017 £2600.40
    • Kittenkirst
    • By Kittenkirst 10th Jan 18, 10:20 PM
    • 1,899 Posts
    • 10,199 Thanks
    Kittenkirst
    41p tilly tidied this afternoon, £3 Pinecone cleared so overpaid & £3.58 Quidco cashback cleared and overpaid today too! Not too shabby!

    Had some good timing on Prolific today and raised £10 on surveys so will await those clearing

    Packed breakfast & lunch today for the office and have been to both the gym and yoga this evening so feeling all virtuous!

    I!!!8217;m working from home tomorrow and looking forward to rolling out of bed at 8am
    2018 MFW #20 - OP £1799.61/ £3000 60%
    Mar: £218 Apr: £528.91 May: £361.07

    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    Overpayments 2016 £255.50 2017 £2600.40
    • MichaelDH
    • By MichaelDH 11th Jan 18, 1:46 PM
    • 119 Posts
    • 533 Thanks
    MichaelDH
    Hi Kittenkirst

    Happy New Year!

    Haven't been around much the last few months, not been in prison or anything like that, just been busy with work and house etc.

    I've just caught up with your diary. Well done on smashing your OP target for 2017. What have you set as this years target?

    Glad your return to work is going ok
    Starting Balance August 2016: £170,199.00 | Current Balance (4th October 2017): £164,720.53
    OP's to date (starting August 2017): £906.58

    Target: Balance below £160,000.00 by June 2017
    • Kittenkirst
    • By Kittenkirst 11th Jan 18, 3:50 PM
    • 1,899 Posts
    • 10,199 Thanks
    Kittenkirst
    Hi MichaelDH, nice to !!!8216;see!!!8217; you on here

    Target for this year is a nice round £3000- which means £250 a month which is quite steep for us (especially as we started Overpaying we were aiming For £80!

    How!!!8217;s your house and everything going?

    I!!!8217;ve started this year by a renewed effort on Prolific- I have £18 awaiting approval so far and have had £3 on pinecone.

    The mortgage rate runs out in April so I need to call The bank and see what rate they will offer us
    2018 MFW #20 - OP £1799.61/ £3000 60%
    Mar: £218 Apr: £528.91 May: £361.07

    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    Overpayments 2016 £255.50 2017 £2600.40
    • ch4rly2002
    • By ch4rly2002 11th Jan 18, 3:58 PM
    • 358 Posts
    • 1,508 Thanks
    ch4rly2002
    Sounds good KK, definitely a good aim and a great start to the year with surveys.

    Also, from experience, I have found that the banks can take a couple of months to sort everything out for a new mortgage (unless you're staying with the same bank with the same term and just choosing a new interest rate, which I found to be instantaneous) so it's good that you're looking around early
    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
    • Kittenkirst
    • By Kittenkirst 12th Jan 18, 9:23 AM
    • 1,899 Posts
    • 10,199 Thanks
    Kittenkirst
    Oh my goodness my thighs and bum hurt so much! That kettlebells class followed by yoga was not my best idea I have to admit!

    Went to a spin class last night and did some chest and back exercises after- I was booked into early morning yoga but cancelled it last night- Iím so glad I did. My friend is on the last day of her 3 day free pass for my gym so have to go tonight but not sure what Iím going to do once there- Iím struggling to stand or sit down at the moment

    Working from home today from 10am so hoodies and snuggle socks on to keep the heating on minimum, washing load is already on so it can dry on the airers shortly. Works going ok, new role is getting really busy already which is giving me a bit of anxiety but it feels a lot better than June-November last year, keeping practicing the CBT techniques and remembering to breathe....Iím hopeful things will continue to improve.

    Brothers gf has gone a little off the deep end in that she has dumped him :/ weíve had lots of chats this week and heís obviously very hurt but weíve discussed giving her some breathing space to get better in the hospital and talking to her properly once sheís in her right frame of mind (thatís not meant to be patronising).

    Weíre going to go and visit on Sunday and hoping to get him out his flat as heís been shut in a lot of this week as his mental health is suffering- thinking a local museum to him which has awesome displays and gives us something different to chat about rather than all the heavy stuff thatís gone on recently.

    Payday on Monday....it feels so far away but looking forward to doing our monthly overpayment and the council tax overpayment
    2018 MFW #20 - OP £1799.61/ £3000 60%
    Mar: £218 Apr: £528.91 May: £361.07

    Mortgage Oct '16 £170.995 LTV 90% end: Nov 2041
    Overpayments 2016 £255.50 2017 £2600.40
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