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  • FIRST POST
    • Kittenkirst
    • By Kittenkirst 5th Feb 16, 9:35 AM
    • 2,115Posts
    • 11,757Thanks
    Kittenkirst
    Getting a mortgage and then becoming mortgage-free!
    • #1
    • 5th Feb 16, 9:35 AM
    Getting a mortgage and then becoming mortgage-free! 5th Feb 16 at 9:35 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.
    2019 MFW #20£1172.70/ £4500 26%

    Mort- Oct16 £170.995 (end Nov 2041) Dec18 £152,838

    Overpayments 2016 £255.50 2017 £2600.40 2018 £4500
    Referral codes= Prolific- 8JXN5BVG shopmium- ACEAHKFA Shoppix- 57VB13QH
Page 78
    • MichaelDH
    • By MichaelDH 4th Mar 19, 12:51 PM
    • 149 Posts
    • 616 Thanks
    MichaelDH
    Sorry Michael! how long left on the build?
    Originally posted by Kittenkirst
    So March has decided to throw a bit of a spanner in the works- last night after a family night at gfs cousins my trusty car wouldn’t start. Not great at 12.10am...we managed to jump start her up and take the 8miles home.
    Originally posted by Kittenkirst
    We should have reached the half way point now if all goes to plan, so 5 weeks left. Still seems like a hell of a lot left to do though!

    Hope you manage to get car sorted. Have you got breakdown cover with home start? They should be able to diagnose the issue for you. Could be the alternator that's gone rather than battery?
    Starting Balance August 2016: £170,199.00 | Remortgaged August 2018: £212,000.00
    Current Balance (15th February 2019): £209,278.85
    Target: Balance below £170,000.00 by August 2023
    • Kittenkirst
    • By Kittenkirst 12th Mar 19, 9:31 PM
    • 2,115 Posts
    • 11,757 Thanks
    Kittenkirst
    Car all sorted with only £59 spent from the emergency fund.
    We managed to YouTube how to jump start the car and get it to a local garage- gf called round before taking it in to confirm the cheapest price for the battery and it was the garage 1mile away so it was quick and easy to repair. Phew!

    I have almost managed to get over the whole police pulling over incident to ;D

    Small overpayment of £3 from Pinecone paid yesterday. We spent £36 on groceries this week which was our biggest spend in months as we topped up on dishwasher salt, rinse aid and lots of other store cupboard essentials.

    This week I have made egg and tuna salads for lunch in the aim to be healthier- we found an adapter for the GoPro microcard so downloaded loads of pics and I looked very slim and healthy in the pics. Served as much needed motivation to do something about this 6.5kg I have gained since September time!

    Now we’ve downloaded the pics I am going to order a new months worth of free photos, and do the same for the girlfriend and try to start updating our holiday photo album to keep me entertained in the evening, instead of browsing oasis online or eating alllll the chocolate which had quickly turned into a habit!

    Off to update the mfw 2019 thread as I’ve been very lax recently.....
    2019 MFW #20£1172.70/ £4500 26%

    Mort- Oct16 £170.995 (end Nov 2041) Dec18 £152,838

    Overpayments 2016 £255.50 2017 £2600.40 2018 £4500
    Referral codes= Prolific- 8JXN5BVG shopmium- ACEAHKFA Shoppix- 57VB13QH
    • ch4rly2002
    • By ch4rly2002 21st Mar 19, 5:05 PM
    • 403 Posts
    • 1,588 Thanks
    ch4rly2002
    Phew, finally caught up with your diary I haven't kept up to reading diaries since we moved house so I've just spent a week catching up with your entries since March 2018!

    Well done on haggling down the laser eye surgery cost. I never would have thought to haggle on something like that either so you managed to do really well. How are the eyes now? Enjoying being glasses free?

    Sounds like you had a am amazing holiday and did really well to keep it to a good budget.

    I'm sorry GF was ill and had to go into hospital, glad she's ok and out now.

    Sorry to hear about your brother's benefit issues but I am pleased they got sorted and ended up with him getting more benefits Did he manage to save some or did he end up spending quite a bit on his GF?

    I'm so glad the car trouble only cost £59. It always worries me when something goes wrong with the car because it can be so costly to fix. Good deal on the bike too

    So you said you're going to see Bon Jovi. One of my favourite bands - enjoy!!

    Finally, well done on the mahoosive OPs. You've done so well in the last year, and the reduction in mortgage daily interest is amazing. Definitely inspiring!
    Savings: Aim £13.5k. Dec 2016 £1,700 / Apr 2019 £13,100
    Mortgage: Mar 2018 -£300,000 / Apr 2019 -£288,620
    CC 0%: Nov 2016 -£4,500 / Apr 2019 -£2,955.73
    Loan to In-Laws: Sep 2010 -£48,185.82 / Apr 2019 -£26,815.49
    Student Loan: March 2011 -£18,275.04 / April 2018 -£13,277.73
    • Kittenkirst
    • By Kittenkirst 29th Mar 19, 9:27 PM
    • 2,115 Posts
    • 11,757 Thanks
    Kittenkirst
    Wow Ch4rley well done for wading through almost a year of my waffles posts!!

    Eyes are absolutely fantastic after the surgery- in honesty canít believe I left it so long to do it. It was amazing to be able to snorkel, paddle board, surf and swim on the Great Barrier Reef and to see without stressing about contact lenses/drying out/eye infections etc :

    Brother actually did well and stashed half the lump sum away as his emergency fund, but he did buy a cheap exercise bike to be able to do more activity on the days he struggles to leave the house which is a good idea.

    Canít wait for Bon Jovi, we also have Brighton pride tickets this year for kylie and I have my Download festival tickets already too. Itís going to be a fab music summer!!

    Iíve been a bit quiet this month but overpayments have totalled £472.74 this month so really pushing on with our overpayments.
    2019 MFW #20£1172.70/ £4500 26%

    Mort- Oct16 £170.995 (end Nov 2041) Dec18 £152,838

    Overpayments 2016 £255.50 2017 £2600.40 2018 £4500
    Referral codes= Prolific- 8JXN5BVG shopmium- ACEAHKFA Shoppix- 57VB13QH
    • MichaelDH
    • By MichaelDH 9th Apr 19, 3:26 PM
    • 149 Posts
    • 616 Thanks
    MichaelDH
    How did the March OP's finish up KittenKirst? Now that first 3 months of the year have past are you on track for your yearly target?
    Starting Balance August 2016: £170,199.00 | Remortgaged August 2018: £212,000.00
    Current Balance (15th February 2019): £209,278.85
    Target: Balance below £170,000.00 by August 2023
    • jodles16
    • By jodles16 16th Apr 19, 10:25 AM
    • 1,425 Posts
    • 4,289 Thanks
    jodles16
    Oh concerts sound awesome! Amazing!


    And the overpayments are also amazing! Great work!


    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 20th Apr 19, 3:08 PM
    • 2,115 Posts
    • 11,757 Thanks
    Kittenkirst
    Sorry for the radio silence- I keep managing to lock myself out of my account on here

    March overpayments ended as £472.74 thanks to our normal monthly op of £342.45, £100 from girlfriends bonus, £23 from Prolific and £6 from Pinecone surveys and Shopmium cashback! Pretty pleased with that and have continued the momentum in April with a nice

    £513.06
    Which was the monthly op of £342.45, £10 from Shoppix receipt app, £100 from my annual bonus, £30 from the last of my metalsmithing tools selling, £25 matched by gf for the sale and two small Shopmium cashbacks.

    Iíve completed 2 Pinecone surveys so am hopeful that these should clear next week so we can add that £6 to the pot!

    Year to date we have overpaid £2131.41 which is cracking for the first four months, however we have no more bonuses left and are paying for the shed to be built next month!

    One bit of bad news was that one of the furry boys managed to get two horrid thorns in his eye so had to have emergency eye surgery. Heís healing well now and having pain meds and several sets of eye drops. We have his check up on Tuesday evening but he seems to be doing okay, he just wants to escape outside and get his cone off his neck! Thanks goodness for the kitten savings- we had £560 in the bank stashed aside and the surgery and appointments cost £980

    So weíve delved into our other emergency savings to cover the rest. We feel very fortunate that we have the savings and didnít have to think twice about him having the emergency appointments and surgery. He may now be wrapped in bubble wrap for all future adventures!

    The savings pots are nicely building up- I now have £6400 in the different accounts so on track to hit £9.5k by the end of the year.
    I upped my LISA contributions in March so I now pop £35 a month in there, so an increase of £10 a month. Small amounts but they will build up over time.
    2019 MFW #20£1172.70/ £4500 26%

    Mort- Oct16 £170.995 (end Nov 2041) Dec18 £152,838

    Overpayments 2016 £255.50 2017 £2600.40 2018 £4500
    Referral codes= Prolific- 8JXN5BVG shopmium- ACEAHKFA Shoppix- 57VB13QH
    • Kittenkirst
    • By Kittenkirst 20th Apr 19, 3:21 PM
    • 2,115 Posts
    • 11,757 Thanks
    Kittenkirst
    In other news we have been doing lots of DIY around the house and I’ve quite enjoyed it. I managed to paint the diner wall a lovely duck egg/green shade to complement our kitchen tiles (they are grey, teal and white), as well as the indoor blinds for the patio doors and kitchen blinds. I marked out all the edges and did two coats one Sunday and dead chuffed with how it turned out

    I think I’ve previously moaned about how much I disliked our kitchen floor: the white gloss tiles are gorgeous (if hugely impractical with two outdoor cats & a cat flap anyways, we’ve spent ages discussing it and thought we would have to get a tiler out to dig out the old murky looking white uneven grout and then regrout with a darker colour. We’ve chatted about it a lot and it’s on the house plan for this year when I had a sudden thought that there must be a type of paint you can use- a bit of googling later and I’d found there is!

    So we bought a nice deal charcoal grey grout pen (well two) and I painstakingly painted the entire kitchen-diner floor, mopping up the excess as I went and touching it up a lot when I wiped off the paint multiple times. I then used the grout sealant we bought ages ago when we were trying to make the grout white (didn’t work) and sprayed that on all of the grout and scrubbed the residue from the tiles after. It took me a good ten hours plus but I am so chuffed with the result- it looks like a new floor and marvellous. I can’t stop mopping it now

    We managed to buy all the supplies using that PURE MasterCard I get topped up through work, so no actual cash from the bank, which was even more pleasing.

    I also managed to sell the desk I had in the jewellery room (£25 nicely in pocket) and then thought to bring the shelves that went with it downstairs to the living room to see if it would fill the space at the end of our L shaped front room (it’s always looked dead empty). Popped a few ikea pull out boxes in and some of the candles, plants and ornaments we had in boxes and it looks perfect. Feels good to find a use for the shelves rather than buying new.

    Today we’ve picked up some dark navy metallic paint for the two end walls in the downstairs loo which is my project potentially on Monday. We also bought a LED mirror for the en-suite. Marked at £60 in store I quickly checked online (for the measurements) to find it online for £40 so B&Q price matched. Both purchases again were on the PURE card too the mirror will go up when the tradesman comes to do the shed as he can do that too for us

    I’m feeling quite proud of our new found DIY-g and feeling braver so we’ll tackle a bit more in the house now!
    Last edited by Kittenkirst; Today at 10:00 AM.
    2019 MFW #20£1172.70/ £4500 26%

    Mort- Oct16 £170.995 (end Nov 2041) Dec18 £152,838

    Overpayments 2016 £255.50 2017 £2600.40 2018 £4500
    Referral codes= Prolific- 8JXN5BVG shopmium- ACEAHKFA Shoppix- 57VB13QH
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