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  • FIRST POST
    • ch4rly2002
    • By ch4rly2002 19th Jan 17, 2:37 PM
    • 358Posts
    • 1,508Thanks
    ch4rly2002
    Dreaming of financial freedom!
    • #1
    • 19th Jan 17, 2:37 PM
    Dreaming of financial freedom! 19th Jan 17 at 2:37 PM
    Hi everyone reading this!

    I hadn't thought about writing my own MFW diary until another user suggested it, so I have no idea if anyone will be interested in what I have to say, but I'll just post it and you can ignore if it's rubbish So here's my story...

    I turn 30 next month and I would like to be mortgage free as soon as possible. My husband and I work in IT and, at least in my company, it seems to be that most jobs are being moved abroad. My dad also worked in IT was made redundant at 53 before my parents had finished their mortgage so I think that is why I am so anxious about having mortgage debt and would like to pay it off ASAP.

    We bought our first house in 2006 and sold it three years later in the middle of the recession for a loss of 6k, which wasn't ideal but it allowed us to purchase a house we couldn't have otherwise afforded as the vendors needed a quick sale so were prepared to drop their price. We moved in to the new house at the back end of 2009 and didn't need to do anything to it, which is a good job as we didn't have any spare money at the time! After a few years I got a job that paid well and we started overpaying on the mortgage, which we decided to do rather than save up as we would get a nice lump sum if we were made redundant. I loved seeing the mortgage go down!

    In 2011 my dad was diagnosed with a progressive neurodegenerative illness, which means his brain is slowly dying and was given a life expectancy of approximately 7 years, although it differs for everyone. My parents decided to make the most of their time together and bought a static caravan by a lake, which they lived in happily for a couple of years before my dad started having too many falls to continue living there and they moved into an independent living unit near Holmfirth, which isn't too far from where my in-laws live so it made visiting them all on our weekends up from Nottingham so much easier! By 2014 my dad had deteriorated quite a bit and my husband and I discussed leaving Nottingham so we could live closer to our parents in Yorkshire. At this point, the house was valued at 170,000 and the mortgage was at 108,000. Had we stayed and continued paying the same amount each month we would be mortgage free by 2021 but if we moved we would either have to rent (which we both saw as dead money) or buy another place that would be more expensive for a comparable house so it was a difficult decision. Around the same time my father-in-law got cancer, so we decided that moving up would be the best option. The only problem was that my dad was deteriorating rapidly and it takes ages for houses in our area to sell so we'd miss the last bit of time with my dad in a reasonable condition and could miss being there for the in-laws when they needed us through the cancer treatment process. At this point, I suggested we rent out our house and buy another house closer to our parents. I first spoke to my mortgage provider and asked if there was a way to release equity from our house and move it onto a buy-to-let mortgage then purchase another property. Unfortunately they wouldn't allow us to do this, but luckily MSE sings the praises of London and Country mortgage brokers and as they don't charge a fee I thought it would be worth giving them a call. I am so glad I did! My advisor Adam found me a new residential mortgage and let-to-buy mortgage (which is apparently very similar to a buy-to-let mortgage but it is when you already owned the property when you decided to rent it out) so we could use equity from our house. A couple of months later we moved into our new house and our old house was rented out shortly after.

    After 2 years, our fixed deals have just come to an end and this is where we now stand...

    Residential mortgage:
    Started at 216,000 on 3.29% with no OPs allowed.
    From January 4th, the property has 80% LTV and is on 1.99% for 3 years with 10% OP allowed. Started at 204,000 but as I had to guess what amount I would need when I first applied 3 months ago, we were refunded 1,404 so the mortgage now stands at 202,596. The standard mortgage payment 916 but I set the DD up at 1,100 as that's what we paid before so there is an overpayment there without any hardship. I can't wait to see this go under 200k, and then I will set 10k goals.

    Buy-to-Let mortgage:
    Started at 136,000 on 4.79%, and we started making overpayments of 250pm.
    From February the property will have a 73% LTV and will be on 2.64% for 2 years. Again, we applied for this mortgage 3 months ago and I guessed 129,000 but when I checked yesterday it stood at 127,895 so we will be due some money back and will pay that off the mortgage straight away.The standard DD is 638 but I am considering whether to leave the payments at 1,000 as they previously were.

    The only fly in the ointment now is that our jobs aren't as secure as they used to be, and there are rumours of redundancy packages being dropped to statutory rates, which I understand isn't very much. This has made me think that we ought to have some savings in case one or both of us gets made redundant. We have 1500 in premium bonds saved up for house repairs but that wasn't much of a safety net. Luckily, we have just received a cheque for 4,900 from my husband's stock that he just sold so for the first time ever we finally have some security. We would have previously put it straight on the mortgage but with the current uncertainty around jobs it is nice to have a bit of a safety net. The timing couldn't be better!

    I'll be honest. I'm rubbish with budgets. I don't know how much we spend and I know I could be a lot more careful with my spending. We do have takeaways and eat out quite a bit, mainly because we both work long hours and very tired on an evening and don't want to then spend a big chunk of our evenings cooking. If I'm even more honest, part of it is laziness However, I want to change that as I'm sure we could save some real money and be healthier if we cook more so I'm thinking maybe meal plans, online shopping so I don't get tempted by add on products and don't have to give up a load of time to go to the supermarket, and maybe the odd ready meal in place of a takeaway when we're feeling tired / lazy. I am also going to have a look into slow cooker recipes that I could put on in a morning so it's ready for us as soon as we finish working.

    My goal is to start logging what we spend and make a proper budget!

    Some (limited) financial info:
    Husband earns around 3,000 net each month.
    I earn around 1,700 net each month.
    Rental income, after expenses, is 678 per month.

    Mortgage 1 1,100
    Mortgage 2 322 (1,000 payment minus 678 rent, assuming we keep the payment the same)
    Car loan 500 (ends in October 2017)
    Loan to In-Laws 250 (not accruing any interest)
    Water bill 26
    Council Tax 128
    Gas & Electric 94.14
    BG Home Care 29.50
    Mobile 1 13
    Mobile 2 20
    Sky TV, internet and phone 70.93 (up for renewal tomorrow so will haggle or switch to Virgin)
    Car insurance 632 in 2016 (paid in a lump sum in April)
    Home insurance 491 in 2016 (paid in a lump sum in December)
    Pet insurance 69.61 in 2016 (paid in a lump sum in November)
    Landlord insurance 219.21 in 2017 (paid in a lump sum in January)
    Rent Guarantee and Legal insurance 125 in 2017 (paid in a lump sum in January)
    Gas Safety Certificate 60 (annual, paid in February)

    Unsure on food and entertainment costs (really need to get a grip on this) but after paying our credit cards we end up with between 500 and 1500 left at the end of the month, which we have recently been spending on home improvements, insurance, Christmas etc. so we haven't saved much of this. We are also thinking about joining a gym so that might also be another expense in future. If I think of any other expenses I will add them but I think that's pretty much it for now.

    I will try and update this as and when I get more information or manage to make savings / OPs. Thanks for reading!
    Last edited by ch4rly2002; 20-01-2017 at 10:44 AM. Reason: Forgot to include the current mortgage values.
Page 18
    • try harder
    • By try harder 31st Jan 18, 4:48 PM
    • 755 Posts
    • 2,875 Thanks
    try harder
    So glad you got that all sorted out ch4rly
    • themadvix
    • By themadvix 31st Jan 18, 6:36 PM
    • 1,568 Posts
    • 9,228 Thanks
    themadvix
    Glad you managed to get it all sorted!
    OPs 2017 = 3103
    S&S ISA 2017 = 626
    OPs 2016 = 6142.12
    Starting balance 2012: 132000; balance Dec 2017: 96,822
    MFW2017 no. 38
    • ch4rly2002
    • By ch4rly2002 1st Feb 18, 10:18 AM
    • 358 Posts
    • 1,508 Thanks
    ch4rly2002
    Thanks guys, I'm glad too

    We had the BIL round last night and I made my fajita pasta bake. It went down well and I think I'll try that one again, although perhaps with a bit more spice next time (unusual for me to say as I am usually a wimp when it comes to spice!). Before he arrived, I went to the Coop to pick up the last items I needed and there were loads of YS items. I bought 5 packs of reduced casserole beef, potatoes, parsnips and carrots. I'm going to make a batch of stew and a meat and potato pie with them and freeze most of it for next week. As it was the Co-Op, I got an additional 10% off as well with my NUS card.

    Speaking of my NUS card, I first used it on 29th January 2017 and in the year since I got it I have saved 75.63, not bad for the original cost of 30ish, and that's just the first year
    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
    • try harder
    • By try harder 1st Feb 18, 11:33 AM
    • 755 Posts
    • 2,875 Thanks
    try harder
    Youve made some great savings there Ch4rly ,i often shop in the co ox they do have some great reductions ,they reduce at one o clock and then again at six at our locals i have two near me and i look in both every day ,bread is the main thing i pick up reduced then half the bags and pop into the freezer .
    • ch4rly2002
    • By ch4rly2002 1st Feb 18, 11:47 AM
    • 358 Posts
    • 1,508 Thanks
    ch4rly2002
    That's great TH... have you considered getting an NUS card? The 10% works on reduced items as well. You can get an NUS card for online courses so if there's something you are interested in you can buy a cheap course, get the card and save on all your Co-Op purchases. Loads of shops take NUS too, not just the big C
    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
    • ch4rly2002
    • By ch4rly2002 1st Feb 18, 11:53 AM
    • 358 Posts
    • 1,508 Thanks
    ch4rly2002
    I almost forgot, it's 1st of the month - mortgage day I've made a Tilly Tidy payment of 26.24 to bring the mortgage to a nice round number. I'll have to wait a few days before I can ring the BTL mortgage provider and ask what the balance is on that one. If we end up keeping the BTL house instead of selling it, I will most certainly be moving the mortgage to a company with online banking - all this having to ring up every month and not even being given an accurate figure is dreadful. Now we have a completion date in March that means there's one last payment on this mortgage before we move to the new house and add another 100k+ to our mortgage I will be more focused than ever then to get the mortgage down!
    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
    • try harder
    • By try harder 1st Feb 18, 11:59 AM
    • 755 Posts
    • 2,875 Thanks
    try harder
    I did wonder what that was thank you for that i will look it up thats definitely worth having as i spend a lot of money just in those two shops alone.

    So exciting ,not long now until you go .That must be very annoying i know i like to look online at mine almost every day and especially if i want to have a little Op or a roundup of figures.
    • themadvix
    • By themadvix 1st Feb 18, 1:07 PM
    • 1,568 Posts
    • 9,228 Thanks
    themadvix
    That's a good tip about the NUS card Charly - I don't think it's for me right now, but something to bear in mind, but I imagine it might be really helpful for TH as there's lots of Coops in rural Norfolk and it's much further to go elsewhere! I didn't know you could get a card for an online course

    You're very brave adding 100k to the mortgage, but.... it's means you'll be stuck with us for a while longer (And console yourself with the fact that we have friends who are moving today and taking on what must be at least 300k of mortgage debt!

    It's amazing how backwards some companies are about mortgage accounts, isn't it? And so frustrating!
    OPs 2017 = 3103
    S&S ISA 2017 = 626
    OPs 2016 = 6142.12
    Starting balance 2012: 132000; balance Dec 2017: 96,822
    MFW2017 no. 38
    • ch4rly2002
    • By ch4rly2002 1st Feb 18, 4:19 PM
    • 358 Posts
    • 1,508 Thanks
    ch4rly2002
    Yes you can apply for NUS cards with an online course, which you can pick up for as little as 15. When I signed up there was a loophole that allowed you to get the NUS card without signing up to an online course, but it is a bit riskier so better to try and find a cheap course that you're interested in. My brother lives in Norfolk and there are plenty of Coops round his way - even one at the end of his street

    Brave, or stupid, I'm not sure but hopefully it will work out for the best. We love the house and don't want to move any time soon so we've chosen one that will meet our needs now and in future. One thing that has pushed up the price is that we would like to have 2-3 children (fingers crossed, we haven't had any luck on that front yet but that's another topic) and a couple of spare bedrooms for visitors as all of our family will live far away when we're in Nottingham (Yorkshire, Norfolk, Northampton and California) so we'd like to be able to put people up at our house. The 6 bedroom house we've gone for (5 bedrooms and a room with built in study furniture that can be removed later when needed) will push the mortgage up from it's current 192,200 to 300,000 but in terms of actual monthly amount it will go up by 300, which we can afford quite comfortably at the moment. If things go wrong we have the BTL house which we could sell that would release a current figure of 50k and if we lost our jobs we would get a decent amount of redundancy payment. Fingers crossed, we've hopefully worked it out alright and everything will be ok

    I've just received the monthly statement from our letting agent and there is a bill for a bit of electrical work and the electrical safety certificate so we've received 240 less than usual this month. Luckily there is a buffer in the joint account to pay for things like this, but not ideal as I know next month we will be charged for a boiler repair... It feels never ending! However, it needs to be done. We didn't become landlords to make profit, it was necessary to quickly release funds so we could mover closer to family, and I would hate to think that my tenants were unhappy for living in terrible conditions so that we could squeeze more profit out of the situation. If the tenants want to buy from us now that it is their home, then we're fine with that, but if they can't afford it (they currently don't have enough for a deposit) then we will look after the house as best as we can while they rent from us. Hopefully it's win-win for us and the tenants

    Next I have the landlord insurance to renew (it's up for renewal in a week) and I have spoken to the insurance company. They will be knocking off 70 so it will work out 30 cheaper than last year. One huge step back with the bills, but one tiny step forward with this saving

    Yes, I can't believe in 2018 I have to ring up for a mortgage total because they don't do online banking!
    Last edited by ch4rly2002; 01-02-2018 at 4:24 PM.
    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
    • themadvix
    • By themadvix 1st Feb 18, 5:09 PM
    • 1,568 Posts
    • 9,228 Thanks
    themadvix
    Sorry, I hope you didn't think I was suggesting you were stupid!! I just know that having worked to get our mortgage down, I'm not prepared to add any more than necessary to it. But I don't have plans for 2-3 children (also another story!) - I hope you have some luck on that front soon.

    There's always something with one house... can only imagine what it's like with two! But I'm sure your tenants really appreciate having you as landlords - so many aren't so considerate.
    OPs 2017 = 3103
    S&S ISA 2017 = 626
    OPs 2016 = 6142.12
    Starting balance 2012: 132000; balance Dec 2017: 96,822
    MFW2017 no. 38
    • ch4rly2002
    • By ch4rly2002 1st Feb 18, 8:34 PM
    • 358 Posts
    • 1,508 Thanks
    ch4rly2002
    No, of course I don't think you're suggesting I'm stupid, you're too nice for that
    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
    • ch4rly2002
    • By ch4rly2002 2nd Feb 18, 4:11 PM
    • 358 Posts
    • 1,508 Thanks
    ch4rly2002
    We've been to sign the papers today for our house sale and purchase ready for exchange. The solicitor will hang on to them until we're ready to exchange (assuming the last few queries come back ok) so that's another job ticked off our list.

    We're seeing the seller tonight for her birthday party. We have no idea what to expect really but she said no presents, she wants a donation to Macmillan on the night, so we will go and take out some cash on the way down but I'm not sure what an appropriate donation amount would be. I think we'll take out more than we think we need and see what others are donating. I already have a lovely Me To You 40th birthday card so I don't have any expense there.
    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
    • ch4rly2002
    • By ch4rly2002 5th Feb 18, 10:48 AM
    • 358 Posts
    • 1,508 Thanks
    ch4rly2002
    We had a good time at the seller's birthday party and it was great to meet her parents who will be our neighbours. They were lovely. It wasn't very money saving though... 20 donation to Macmillan for her birthday present (she requested donations), 5 for parking and a whopping 32 for 4 drinks! We went to the bar and ordered a glass of wine and a glass of diet coke and it came to 16 I might be out of touch as we rarely buy alcoholic drinks out but it seemed a little pricey to me. Needless to say we made our 2 drinks each last as long as possible.

    After a pricey Friday night we've had a couple of no spend days over the weekend and we've stuck to home cooking. The in-laws had us round for tea last night, which was lovely of them. We had a nice chat in their conservatory (very relaxing) and then BIL in California Facetimed and we got to see the nephew. He's only a couple of months old but the change is unbelievable and he's already holding his own head up and is so alert. They're coming over next month and I can't wait to meet and cuddle him, I just want him to stop growing until then!

    I've renewed the Landlord insurance today. I shopped around and in the end I went through TCB so hopefully I'll get 70 back from that and the premium was 230, much less than the 310 renewal from our current insurers so I'll class that as a win.

    I also got more good news this morning, Hermes have accepted my lost parcel claim and will be refunding me I've cancelled the eBay order and sent her the refund along with a thank you message for her patience. Hermes needed the eBay transaction details for their investigation so I asked if she would mind holding on for the refund as I thought if I cancelled the transaction before Hermes investigated they might reject the claim. She was great about it and has waited the few days needed for them to look into it.
    Last edited by ch4rly2002; 07-02-2018 at 9:17 AM.
    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
    • themadvix
    • By themadvix 5th Feb 18, 5:15 PM
    • 1,568 Posts
    • 9,228 Thanks
    themadvix
    I don't think you're out of touch Charly! That sounds very expensivo!

    You might want to edit your post for anonymity though

    Excellent news about Hermes - it's good to know they'll sort things out if it goes wrong.
    OPs 2017 = 3103
    S&S ISA 2017 = 626
    OPs 2016 = 6142.12
    Starting balance 2012: 132000; balance Dec 2017: 96,822
    MFW2017 no. 38
    • ch4rly2002
    • By ch4rly2002 6th Feb 18, 9:23 AM
    • 358 Posts
    • 1,508 Thanks
    ch4rly2002
    Which bit Vix? and thank you
    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
    • try harder
    • By try harder 6th Feb 18, 4:57 PM
    • 755 Posts
    • 2,875 Thanks
    try harder
    All very exciting on the new house front .

    Great result with MH ,as i think i said to you or maybe it was TM that i have always found them very good and i send all my parcels via them.
    • themadvix
    • By themadvix 7th Feb 18, 9:09 AM
    • 1,568 Posts
    • 9,228 Thanks
    themadvix
    Don't think you've mentioned your DH's name before.... x
    OPs 2017 = 3103
    S&S ISA 2017 = 626
    OPs 2016 = 6142.12
    Starting balance 2012: 132000; balance Dec 2017: 96,822
    MFW2017 no. 38
    • ch4rly2002
    • By ch4rly2002 7th Feb 18, 9:17 AM
    • 358 Posts
    • 1,508 Thanks
    ch4rly2002
    Thank you x
    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
    • ch4rly2002
    • By ch4rly2002 9th Feb 18, 12:47 PM
    • 358 Posts
    • 1,508 Thanks
    ch4rly2002
    We went out for a lovely meal a few days ago for our anniversary, which was the in-law's treat as they couldn't think of what to buy and we couldn't either so they suggested they treat us to a meal - it was great. I think we'll go there again for a celebration. It's my birthday soon and we already have somewhere booked, but I'm sure there will be another occasion at some point where we're struggling to decide where to go so I'll make a note of that place.

    The house stuff seems to be dragging and not getting resolved. We've mentioned to our buyer on a number of occasions that there are documents she needs to request - and it will take time for her to receive them - and our solicitor has also reminded her solicitor, however she thinks everything is sorted now. Her solicitor has told her everything is fine from their end and she signed a contract yesterday! We're going to see her over the weekend to measure for something so we'll mention it again to her in person to try and make her see that she needs to act soon. Basically if it's not sorted before the exchange date, we can't exchange, so it's really important she does it To add to that, the bottom of the chain have now changed their mind from "we can only do this one day in March" to "can we do 26th February?". I 'm not sure if everything with our seller will be resolved by then so we're pushing to keep the date in March if we can. DH and I have decided that we will go ahead with the sale regardless and if the purchase can't go ahead we will look for a plan B. That would be very sad and we don't want it to happen but I think we need to be prepared of it the purchase doesn't go ahead to try and buffer some of the disappointment. With the seller burying her head and ignoring our information about what she needs to do, I just don't think she will get it done in time. I've just discovered Kirstypoos' diary and have been reading about the trouble she had with the house buying process and solicitors and I can now fully sympathise... why is it all so complicated?! Still smiling though

    Mum messaged me to say that Dad is being re-assessed for his CHC next week - that is the payment for his nursing home. He got accepted by the skin of his teeth last time as they are so strict on the criteria (e.g. it's not enough to be doubly incontinent and need to have your pads changed regularly by 2 members of staff, apparently they require 'manual evacuation' ). Someone in the home just lost their funding and I dread to think what will happen if Dad loses his. Mum has burned through all their savings and ran up some credit card debt last time just trying to cover his nursing home bills, bills for all his care needs (things like his Tena pull ups as he doesn't receive many through the NHS and she has to top him up, smoothies as he can only drink thick drinks etc). I think if Dad loses his funding Mum may have to give up her flat and I don't know what she'd do for the interim period until he passes away. I'm keeping all my fingers and toes crossed that he doesn't lose his funding.

    I sold another necklace with a percentage going to Dad's charity. I have 2 left so I'm hoping they sell, which would be a win-win for the charity and me. That'd be 2 fewer items to take with us, albeit small ones, but they're the kind of things that could probably get lost easily.
    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
    • try harder
    • By try harder 9th Feb 18, 7:02 PM
    • 755 Posts
    • 2,875 Thanks
    try harder
    What a stressful time you are having at the minute .I am especially sad to hear about your dad and his funding ,i find it all so heartbreaking how on earth have things got so bad ,i am so sorry ,it must be so difficult for you and your mum with your dad so ill and all this to contend with too ,keep your chin up ch4rly ,i am thinking about you but sadly nothing i can do i wish there was but your mum is lucky to have such a caring daughter .I hope all resolves soon with the house buying /selling too just make life a little easier for you.
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