Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Kittenkirst
    • By Kittenkirst 5th Feb 16, 10:35 AM
    • 1,944Posts
    • 10,432Thanks
    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 2489.56/ 3000 83%
    May: 361.07 June: 182.76 July: 306.59

    Mortgage Oct '16 170.995 LTV 90% end: Nov 2041
    Overpayments 2016 255.50 2017 2600.40
Page 65
    • Kittenkirst
    • By Kittenkirst 30th Mar 18, 3:45 PM
    • 1,944 Posts
    • 10,432 Thanks
    Kittenkirst
    Hi Michelle, it's something I've been pondering for the past year or so, I like some aspects of the job but it's difficult at times and pretty stressful. I've seen a job advertised thats starting wage is 10k more than my current role but would mean the office is further away. Im debating on applying for it just to see and get some cv writing practice etc.

    Had a lovely day today, 7am yoga class was tough followed by a morning walk around Bradgate Park- such a lovely place and a perfectly dry day. Then went with friends to a lovely lunch place nearby for a catch up which cost us 30 for us both so not too bad and a nice catch up with good friends.

    Managed to successfully avoid the lure of takeout last night- we opted for home pizza and chips instead as knew we were eating out today so wanted to save the calories and pennies for that instead!

    Paid 1.96 as a tilly tidy overpayment last night to round down the Mortgage. It's now sat at a staggering 160,420.00

    Interest should be applied on Tuesday so I'm looking forward to calling them to confirm the amount and hearing that it's now c.250 instead of 410!! small things please me!

    Just chilling with blankets kittens and tv this afternoon- gf catching up with Billions whilst I do holiday dreaming
    2018 MFW #20 - OP 2489.56/ 3000 83%
    May: 361.07 June: 182.76 July: 306.59

    Mortgage Oct '16 170.995 LTV 90% end: Nov 2041
    Overpayments 2016 255.50 2017 2600.40
    • try harder
    • By try harder 31st Mar 18, 6:31 AM
    • 787 Posts
    • 3,060 Thanks
    try harder
    Boo to the bonus that was a disappointment but i guess what you never had you wont miss

    Happy Easter to you both
    • Busy Mee1
    • By Busy Mee1 31st Mar 18, 7:15 AM
    • 676 Posts
    • 3,032 Thanks
    Busy Mee1
    I love a bit of holiday dreaming, particularly the eye achingly beautiful white sands, and blue seas of the Whitsundays. Snorkelling the barrier reef off the Whitsundays was amazing...
    • Kittenkirst
    • By Kittenkirst 31st Mar 18, 3:18 PM
    • 1,944 Posts
    • 10,432 Thanks
    Kittenkirst
    Boo to the bonus that was a disappointment but i guess what you never had you wont miss

    Happy Easter to you both
    Originally posted by try harder
    Happy Easter to you too TryHarder hope you get to relax over the weekend
    2018 MFW #20 - OP 2489.56/ 3000 83%
    May: 361.07 June: 182.76 July: 306.59

    Mortgage Oct '16 170.995 LTV 90% end: Nov 2041
    Overpayments 2016 255.50 2017 2600.40
    • Kittenkirst
    • By Kittenkirst 31st Mar 18, 3:20 PM
    • 1,944 Posts
    • 10,432 Thanks
    Kittenkirst
    I love a bit of holiday dreaming, particularly the eye achingly beautiful white sands, and blue seas of the Whitsundays. Snorkelling the barrier reef off the Whitsundays was amazing...
    Originally posted by Busy Mee1
    That's ones of the parts I cannot wait for- booking the overnight boat trips for the Whitsundays was just lovely- full on dreaming of beautiful waters, golden sands and all the coral! Two weeks until gfs swimming lessons start so we can feel more boat ready
    2018 MFW #20 - OP 2489.56/ 3000 83%
    May: 361.07 June: 182.76 July: 306.59

    Mortgage Oct '16 170.995 LTV 90% end: Nov 2041
    Overpayments 2016 255.50 2017 2600.40
    • Kittenkirst
    • By Kittenkirst 31st Mar 18, 3:26 PM
    • 1,944 Posts
    • 10,432 Thanks
    Kittenkirst
    Yoga done this morning and a sainsburys shop all completed. Also went and bulk bought our BCAA powder from a local fitness store. 50 but should last us both a few months and we use it a lot, it's really good for keeping my post work-out headaches at bay. But 50!

    Planning Kung pow chicken for dinner tonight which we both love, and I've got an Easter treat of kippers and a toasted brown roll for brekkie tomorrow the sainsburys posh ones were cheaper than the boil in the bag variety so thought we'd have a right treat!

    Sainsburys have 25% off their clothes and I was tempted to get loads for holiday prep, but we have six months to go yet and my body shape will (hopefully) change a bit more before then with the gym plan and yoga, also before September will be all of the summer sales so I'm hanging tight and not getting excited yet.

    I've updated my work benefit of shopping vouchers to Debenhams and John Lewis so I should have a nice chunk on the cards by the holiday to get some nice bits and bobs. Hopefully though my holiday wardrobe from our America trip will fit by then so I can just assess what I've got vs what I need and just fill the gaps

    Everyone in the house is having an afternoon nap at the moment: Hugo, Oscar and the gf so I'm just reading forums and trying to Id more my dead leg from Hugo sleeping on it

    Have a confession to make...we bought Brighton pride tickets for August so we are off to see Britney in Brighton in August. A friend lives in Hove so we have a free bed for the weekend (will get her something as a lovely gift) and potentially can use her parking space for 5 a day if the council haven't taken use of it for the weekend...
    So 100 spent on tickets for us both but should be a lovely weekend away and whilst Britney isn't my usual cup of tea it will be ace to see her perform!

    Lots to look forward to this summer- Download festival in June (Guns & Roses baby!), Italian wedding in July, Brighton Pride and seeing my favourite band The Used in August, then Singapore & Oz in September.

    Last day of the month so will check if anything to tilly tidy from the joint acct and can then declare totals for the 2018 mfw thread and update my picture calendar thing I made!

    Hope everyone is having a nice chilled weekend and that the Easter bunny is good to you:
    Last edited by Kittenkirst; 31-03-2018 at 3:51 PM.
    2018 MFW #20 - OP 2489.56/ 3000 83%
    May: 361.07 June: 182.76 July: 306.59

    Mortgage Oct '16 170.995 LTV 90% end: Nov 2041
    Overpayments 2016 255.50 2017 2600.40
    • Kittenkirst
    • By Kittenkirst 31st Mar 18, 3:35 PM
    • 1,944 Posts
    • 10,432 Thanks
    Kittenkirst
    3.63 tilly tidied just now making the March OP total a nice 218.

    That makes our 2018 overpayments a lovely 895.56 so far. Not too shabby at 30% of the target for the year.
    2018 MFW #20 - OP 2489.56/ 3000 83%
    May: 361.07 June: 182.76 July: 306.59

    Mortgage Oct '16 170.995 LTV 90% end: Nov 2041
    Overpayments 2016 255.50 2017 2600.40
    • michelle09
    • By michelle09 31st Mar 18, 6:33 PM
    • 793 Posts
    • 4,440 Thanks
    michelle09
    That's a tough one... if it were me, I'd apply anyway. It gets the old CV out and is potential interview practice, and if you decide it's not worth the switch you don't have to take it. I was second choice for my new job as the first candidate turned it down. And of course, 10k is not to be sniffed at!

    Your summer looks wonderful. Britney isn't my normal cup of tea either, but I'm of the age that I'd probably still enjoy the show.
    • Kittenkirst
    • By Kittenkirst 6th Apr 18, 10:41 PM
    • 1,944 Posts
    • 10,432 Thanks
    Kittenkirst
    HI all, it's been a week since my last post!

    This weeks been lovely- we were off work until Thursday and had gfs nephew visiting for two days which meant a fun afternoon at the local laser quest, a dinner at Frankie & Bennys and homemade pancakes in the morning : lovely to be able to treat the nephews like this

    Gym and yoga are both going well- we've tried a few new recipes this week. I made some lean pork meatballs which worked well and made enough for one dinner for me coveredin a tomato sauce I made with courgetti. We've had the leftover meatballs with a gravy sauce, potatoes wedges and some veg. There is still another portion in the freezer so it made the mince stretch well

    We have made the bodycoach a banana chocolate & strawberry muffins today which were scrummy for breakfast and we will try again. It's a great way to use up any dodgy looking bananas and extra fruit!

    A small op of 1.2 credit interest has started the ball rolling this and I've contacted the bank to confirm the interest which was only 224.61 for March (7.25 per day!) which is amazing compared to this time last year ( 387.44 which was 12.50 per day!)

    Off to check internet banking for any tilly tidy we can make today.
    2018 MFW #20 - OP 2489.56/ 3000 83%
    May: 361.07 June: 182.76 July: 306.59

    Mortgage Oct '16 170.995 LTV 90% end: Nov 2041
    Overpayments 2016 255.50 2017 2600.40
    • newgirly
    • By newgirly 7th Apr 18, 8:36 AM
    • 6,410 Posts
    • 44,362 Thanks
    newgirly
    That's a great reduction in interest
    MFW 21
    Target for 2018 40k/13,632 paid so far

    Mortgage 36,193 3yrs 9 mths left. Total owed 47,059 plan to clear in 12 months
    • shangaijimmy
    • By shangaijimmy 7th Apr 18, 8:37 AM
    • 2,777 Posts
    • 13,826 Thanks
    shangaijimmy
    Daily Interest reduction comparisons are amazing aren't they. In May 2010 ours was 15.93, which makes feel sick, and now we're at 4.32!
    MFW: Turning June 2036 into March 2025... 41//120 Payments Challenge, Diary Reduction 44,136.86
    Aug 2009: 163,051 // Current: 91,863.15 // Avg Daily Interest 4.13
    MFiT-T4 #8 - 80.74% of 41,000
    • Kittenkirst
    • By Kittenkirst 7th Apr 18, 9:32 PM
    • 1,944 Posts
    • 10,432 Thanks
    Kittenkirst
    WOW shanghaiJimmy that is certainly an awesome reduction.

    We're so pleased as it means we are paying 157.50 less interest a month, therefore more against capital and more working for us



    Had a great sweaty yoga session today and got groceries and some veggies from the market today- 9.05 spent which isn't bad.

    I did have the first of my bought coffees today- I am aiming to cut it down to one per week for April, with a view to one per fortnight in May. It will be better for me both financially and nutrition-wise!

    We've been looking at hotels for Singapore for the Grand Prix and some of the hotels are staggeringly eye-watering. We think we've found a decent hotel not too far out from the action but clean- will book it tomorrow and then start looking at the Australian hotels for the trip!

    Only 4.91 overpaid this month so far- planning the 312.45 on payday which rounds up our monthly payment to 1000. I am also going to OP 200 from my bonus & my regular saver which pays out this month so it should be a bumper OP month for us if all goes to plan!
    2018 MFW #20 - OP 2489.56/ 3000 83%
    May: 361.07 June: 182.76 July: 306.59

    Mortgage Oct '16 170.995 LTV 90% end: Nov 2041
    Overpayments 2016 255.50 2017 2600.40
    • Busy Mee1
    • By Busy Mee1 8th Apr 18, 7:28 AM
    • 676 Posts
    • 3,032 Thanks
    Busy Mee1
    If you can manage a night in the Marina Bay Hotel in Singapore, you will get to swim in the infinity pool at the top (57 stories high) . A real bucket list moment and the best selfie you will ever take x

    Taxis are quite cheap in Singapore and everywhere is very safe, so don't worry if you are a little way out.

    Australia is eye watering expensive so we got an apartment hotel in Sydney so could make some meals in. It also had a laundry which was useful, if you are there a while x
    Last edited by Busy Mee1; 08-04-2018 at 7:33 AM.
    • Kittenkirst
    • By Kittenkirst 8th Apr 18, 8:11 AM
    • 1,944 Posts
    • 10,432 Thanks
    Kittenkirst
    Busymee- we had looked at Marina Bay but due to it being the Grand Prix weekend it's 1600+ for the three nights plus as gf wants to watch the Grand Prix so I don't think there would be much time to make use of the infinity pool. It does look spectacular spectacular though!

    Good thought about the Sydney apartment- we are there four days three nights so an apartment could work well for us- willhave a good nose today. I do love all this itinerary planning!

    Off to gfs friends house for a roast with her family after yoga today. It's been ages since I had a roast dinner so I'm very much looking forward to it.

    Our wallpaper has now arrived and the workman is coming on Friday to put it up. The blinds for the kitchen patio doors, kitchen window and the small front room window should be arriving this week too ready for fitting and then that's two jobs ticked off the list! We've gone for those perfect fit blinds for in the patio doors- they sit snugly in the frame (hopefully stop then becoming a kitten toy) and they can be clicked up and down independently so the one in the door with the Cat flap can nicely stop just above the flap. We've gone for a light teal to pull out the colours of our kitchen tiles so hopefully they will look pretty once in and fitted

    We've been debating what to do about our downstairs loo- it's pretty small but is the one guests tend to use. It's just white walls and three tiles on the sink. We wanted to do tiling halfway up all of the walls and then have a mirror that goes around the three main walls. However, it's pretty pricey anda room we barely go in to be honest.

    So, after a bit of chatting we are looking at wallpapering two or all of the walls and putting up a standard pretty mirror & some of those free standing small shelves above the toilet to put some decorative bits on. It will be an awful lot cheaper but still look lovely. Just need to decide on wallpaper now- I'm thinking something fairly light as there is no window in there, only a vent! The plan is to start looking at that in June time.

    Time to get up and get some chores done, have a cuppa then head t yoga. Hope you all have lovely Sundays
    2018 MFW #20 - OP 2489.56/ 3000 83%
    May: 361.07 June: 182.76 July: 306.59

    Mortgage Oct '16 170.995 LTV 90% end: Nov 2041
    Overpayments 2016 255.50 2017 2600.40
    • Busy Mee1
    • By Busy Mee1 8th Apr 18, 8:46 AM
    • 676 Posts
    • 3,032 Thanks
    Busy Mee1
    to 1600 for Marina Bay....never mind you can still go up to the viewing platform, if you get time. I hope you do get time to do a few other things in Singapore - there is so much to see and do. The orchid gardens on the bay are lovely, Raffles is worth a visit- but just have a Singapore Sling as the food is expensive and not worth it. Definitely take the boats along the river too. The food courts are great and very cheap, you just need to be quite brave as it is difficult to know what everything is. I am excited for you
    • michelle09
    • By michelle09 8th Apr 18, 6:54 PM
    • 793 Posts
    • 4,440 Thanks
    michelle09
    Wow! We are looking at the Marina Bay Sands for our trip, but have moved it a couple of weeks to avoid the GP. OH was disappointed but now I can quote those figures I may have him onside again. (It's 270 for our anniversary, feel I can pay that for once).

    Sounds like a great month for the mortgage!

    Could you get a couple of framed pictures for the downstairs bathroom? Not too pricey but make it a little less bare?
    • Kittenkirst
    • By Kittenkirst 8th Apr 18, 10:46 PM
    • 1,944 Posts
    • 10,432 Thanks
    Kittenkirst
    to 1600 for Marina Bay....never mind you can still go up to the viewing platform, if you get time. I hope you do get time to do a few other things in Singapore - there is so much to see and do. The orchid gardens on the bay are lovely, Raffles is worth a visit- but just have a Singapore Sling as the food is expensive and not worth it. Definitely take the boats along the river too. The food courts are great and very cheap, you just need to be quite brave as it is difficult to know what everything is. I am excited for you
    Originally posted by Busy Mee1
    Definitely will try- we're there from Friday until Monday night (11pm) so hoping to be able to trek around a bit in the mornings and on the Monday. We've now booked into a Hilton which is 35 min walk from marina bay but metro looks easy enough and we're not shy of walking. It was very competitively priced, we did look at the pod style places they have there but can't say I was keen at all. Really looking forward to all the street food :

    Roast dinner was lovely- friend is a wonderful cook and it wa great to be around her kiddies- so adorable and they say the funniest things!

    Working in the office tomorrow so have made some more of those banana and strawberry bodycoach muffins and cooked some chicken for in mini wraps for lunch. Will prep some fruit in the morning- strawberries from the market and satsumas and possibly another snack- pretzels maybe. Trying to avoid spending tomorrow and aiming for a NSD- will go to gym and yoga tomorrow night to get Monday off to the best start too!
    Last edited by Kittenkirst; 09-04-2018 at 5:16 AM.
    2018 MFW #20 - OP 2489.56/ 3000 83%
    May: 361.07 June: 182.76 July: 306.59

    Mortgage Oct '16 170.995 LTV 90% end: Nov 2041
    Overpayments 2016 255.50 2017 2600.40
    • Kittenkirst
    • By Kittenkirst 12th Apr 18, 7:41 AM
    • 1,944 Posts
    • 10,432 Thanks
    Kittenkirst
    Morning all,
    Just one more day until payday- hurrah!

    I've been working away the past few days ooop north so have had return drives followed by the gym & yoga (a bit dull I know but I'm enjoying it!) however went out for a friends birthday last night to Las Iguanas and it was a bit of a disaster. We had a voucher for 25% off the new menu but ended up with a round and a half of free drinks too due to the abysmal service- over 1 hr wait for two people to get their first drinks, then the waitress just said nonchalantly we're busy (it wasn't even half full and plenty of waiting staff!).

    Such a shame as we really like it there usually but it ended up being 25 for our two shares of the bill to the discount and awful service!

    Managed to avoid the siren lure of the frothy coffees in all the services up and down the motorway this week so I'm pleased with that. Gf and I have a freebie on our Starbucks card so going to use it tomorrow night after the gym and share a huge frothy almond milk latte I think

    We've had two (dead) mice this week!!! one from each cat and they always leave it on the only carpet in the house (stairs & landing) or the living room rug. Terrors!!

    April money shuffle tomorrow and will be my bonus month yay! Then next week the regular saver matures too so will pay off my portion of flights from the 0% points credit card and a chunk for my teeth work.

    Last trip to dentists today for my whitening treatment and also to rebond a bit of my retainer as it's come lose (she struggled getting it to fix in that spot as the tooth kept bleeding- I have small teeth so it was a battle to hoover up the blood and get it bonded last time). Fingers crossed it's fairly straightforward today although I'm not looking forward to it at all!
    2018 MFW #20 - OP 2489.56/ 3000 83%
    May: 361.07 June: 182.76 July: 306.59

    Mortgage Oct '16 170.995 LTV 90% end: Nov 2041
    Overpayments 2016 255.50 2017 2600.40
    • themadvix
    • By themadvix 13th Apr 18, 11:33 AM
    • 1,861 Posts
    • 10,736 Thanks
    themadvix
    Hope dentist trip goes well!

    From friends I've heard that it's worse if the mouse isn't quite dead... then they creep under something to die and you're none the wiser until the smell starts!!
    OPs 2018 = 2090
    Moving savings = 2557
    OPs 2017 = 3103
    Starting balance 2012: 132000; balance Jul 2018: 91,552
    MFW2018 no. 38
    • CathT
    • By CathT 13th Apr 18, 8:17 PM
    • 5,674 Posts
    • 39,578 Thanks
    CathT
    Hope dentist went ok.
    August 2018 -
    part 1 - 76,136
    part 2 - 45,033
    Total - 121,170
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

260Posts Today

2,168Users online

Martin's Twitter
  • Ta ta... for now. This August, as I try and do every few yrs, I'm lucky enough to be taking a sabbatical. No work,? https://t.co/Xx4R3eLhFG

  • RT @lethalbrignull: @MartinSLewis I've been sitting here for a good while trying to decide my answer to this, feeling grateful for living i?

  • Early days but currently it's exactly 50 50 in liberality v democracy, with younger people more liberal, older more? https://t.co/YwJr4izuIj

  • Follow Martin