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  • FIRST POST
    • tootallulah
    • By tootallulah 9th Feb 18, 2:14 PM
    • 2,170Posts
    • 7,606Thanks
    tootallulah
    The Final Countdown
    • #1
    • 9th Feb 18, 2:14 PM
    The Final Countdown 9th Feb 18 at 2:14 PM
    Skips back in with a merry smile and a waggly wave. I have been in and out of these forums for years but I am now working part-time and have just the final mortgage on my house to go. Two buy to let flats in London (one was my home for 30 years) together with my pension mean that I am in many ways very fortunate. But I do still have £45,000 to go on my house mortgage and it isn't going fast enough. So I am back to track the final mortgage countdown........or possibly not as I do have a hankering to build my own house and am on the look out for suitable plot of land or a bungalow ripe for redevelopment. However nothing is helped by still having a mortgage.

    My dining room is now akin to a junk shop full of lovely treasures for EBay. I would like to pay off the mortgage this this year so I need to up my income.

    Welcome to the final countdown.
    Mortgage House £45,000, 26 January 2018, 17th September 2018 £1,000.
Page 5
    • tootallulah
    • By tootallulah 24th Mar 18, 7:19 AM
    • 2,170 Posts
    • 7,606 Thanks
    tootallulah
    In case anyone is wondering I am not going to save for tax yet, I expect to have paid my mortgage by end August then save like billyo for my tax bill. This is high risk but it suits how I feel now, if it goes wrong I will borrow back from the mortgage to pay my tax - but I don't think it will go wrong.
    Mortgage House £45,000, 26 January 2018, 17th September 2018 £1,000.
    • beanielou
    • By beanielou 24th Mar 18, 9:04 AM
    • 56,880 Posts
    • 231,649 Thanks
    beanielou
    Yesterday I was asked to invoice for my contract role for January and February to be paid this financial year, the money should be in my bank on Tuesday - very good news. I will be making a £7.5k payment as soon as the BACS transfer goes through. I will also invoice for March next Friday - things are really moving fast now. I am very focussed on the mortgage being gone, good for making me EBay and avoid shops! It is interesting as I have always been a spender but not this time. I really want to be ALL debt free - even if it is only for a short time.
    Originally posted by tootallulah
    Most excellent
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. MFW 2018. No 144
    • Moneyfordreams
    • By Moneyfordreams 24th Mar 18, 9:55 AM
    • 1,094 Posts
    • 5,436 Thanks
    Moneyfordreams
    enjoyed reading your goals and achievements and looking forward to you reaching them
    Mortgage restart June 2018 £119950
    zero personal cc
    6x166 for sofas ending November 2018
    £2500 on DD1s car cc
    • tootallulah
    • By tootallulah 26th Mar 18, 5:13 PM
    • 2,170 Posts
    • 7,606 Thanks
    tootallulah
    I love BACS, my Jan/Feb consultancy fee was in the bank by 12.30 today, £7500 straight off the mortgage. I have put six sewing machines on to EBay to end next Sunday. Everything is moving in the right direction.
    Mortgage House £45,000, 26 January 2018, 17th September 2018 £1,000.
    • beanielou
    • By beanielou 26th Mar 18, 9:08 PM
    • 56,880 Posts
    • 231,649 Thanks
    beanielou
    I love BACS, my Jan/Feb consultancy fee was in the bank by 12.30 today, £7500 straight off the mortgage. I have put six sewing machines on to EBay to end next Sunday. Everything is moving in the right direction.
    Originally posted by tootallulah
    Impressive on all fronts.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. MFW 2018. No 144
    • Cinny91
    • By Cinny91 27th Mar 18, 10:21 AM
    • 5,899 Posts
    • 25,180 Thanks
    Cinny91
    I always think I've commented on your diary but never have! All I can say is WOW. You're so focused and doing amazingly, you'll be MF in no time
    Mortgage July 2017 £125,000.00 • Mortgage September 2018 £119958.05
    4.02% paid
    • tootallulah
    • By tootallulah 31st Mar 18, 8:28 AM
    • 2,170 Posts
    • 7,606 Thanks
    tootallulah
    Sewing machines are all going for over £100 on EBay which is what I had hoped, they are all desirable, small mechanical machines which have been hanging around for a long time. I did a whole day of cleaning oiling etc and they are all running very well.

    I am looking forward to making one more big payment with tenant 2s six months rent and then it will be back to working out how to get the mortgage paid off by September/October.
    Mortgage House £45,000, 26 January 2018, 17th September 2018 £1,000.
    • tootallulah
    • By tootallulah 2nd Apr 18, 9:34 AM
    • 2,170 Posts
    • 7,606 Thanks
    tootallulah
    My best sales ever on Ebay, one Singer Featherweight went for £238! all together the six machines made £876 I was amazed. Together with 6 months rent from tenants 2 I have just made a payment of £6k off the mortgage. Next week I should get my final back payment from contracted work which will take me well below £20k. Then things will slow down but there will be a way.
    Mortgage House £45,000, 26 January 2018, 17th September 2018 £1,000.
    • shangaijimmy
    • By shangaijimmy 2nd Apr 18, 12:58 PM
    • 2,782 Posts
    • 13,893 Thanks
    shangaijimmy
    Thank everyone for ebay!!
    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
    • greent
    • By greent 2nd Apr 18, 8:16 PM
    • 7,360 Posts
    • 74,584 Thanks
    greent
    Brilliant ebaying
    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) £6100/£7500
    Net sales 2018 £658.15/£1000 PAYDOX18 (#15) Done £18918.90
    • beanielou
    • By beanielou 2nd Apr 18, 8:19 PM
    • 56,880 Posts
    • 231,649 Thanks
    beanielou
    Awesome totals on ebay.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. MFW 2018. No 144
    • gallygirl
    • By gallygirl 2nd Apr 18, 8:50 PM
    • 16,646 Posts
    • 109,861 Thanks
    gallygirl
    Amazeballs .
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    Mortgage Balance = £0
    "Do what others won't early in life so you can do what others can't later in life"
    • tootallulah
    • By tootallulah 3rd Apr 18, 8:11 AM
    • 2,170 Posts
    • 7,606 Thanks
    tootallulah
    Late start for me this morning, trying to plan out the rest of my financial year. I will need to have £10k in July to part pay my taxes which I had 'forgotten' about in my planning which is bothersome. That means saving my contract job monies for tax paying over the next 3 months. I think that means that for the next 3 months I will pay about £1k per month off my mortgage from my pension and EBaying. However in September and October I will have the next lot of 6 months rent from my tenants which will be £10k. It will be a close run thing but I think I will manage to pay off my mortgage by the end of the year, not quite clear how I will pay the rest of my tax bill in January though. Deep thought underway.
    Mortgage House £45,000, 26 January 2018, 17th September 2018 £1,000.
    • beanielou
    • By beanielou 3rd Apr 18, 8:08 PM
    • 56,880 Posts
    • 231,649 Thanks
    beanielou
    Well if anyone can do it then you can
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. MFW 2018. No 144
    • tootallulah
    • By tootallulah 6th Apr 18, 8:02 AM
    • 2,170 Posts
    • 7,606 Thanks
    tootallulah
    Last big lump pay off for a while I have just been paid for my March contract, £3000 paid off today. I will be saving contract monies now to pay my July tax payment.
    Last edited by tootallulah; 06-04-2018 at 8:05 AM.
    Mortgage House £45,000, 26 January 2018, 17th September 2018 £1,000.
    • greent
    • By greent 6th Apr 18, 5:17 PM
    • 7,360 Posts
    • 74,584 Thanks
    greent
    But look at that fantabulous progress in 2.5 months!
    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) £6100/£7500
    Net sales 2018 £658.15/£1000 PAYDOX18 (#15) Done £18918.90
    • beanielou
    • By beanielou 7th Apr 18, 7:32 PM
    • 56,880 Posts
    • 231,649 Thanks
    beanielou
    Just awsome
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. MFW 2018. No 144
    • tootallulah
    • By tootallulah 17th Apr 18, 6:36 AM
    • 2,170 Posts
    • 7,606 Thanks
    tootallulah
    Tax saving turns out to be nowhere near as exciting as getting to the end of the mortgage. I am just getting on living on my pension, when I get paid for my contract work at the end of the month it will go straight to the tax payment. I am hoping to save at least £500 from my pension towards the mortgage at the end of the month. I am doing a bit of EBaying but it is slow and low. On the other hand I might have a short holiday if I can get a deal for £500 or less to somewhere nice in a good hotel. I have been asked to review some grant bids which I am doing for £100 per bid hopefully that will also be paid this month.

    I have begun to !!!!! out my seedlings and get the greenhouse properly fired up, it will be lovely to see the sun later this week and to do a bit of pottering planting. The camelias and the magnolia are flowering, England is so beautiful in the spring.
    Mortgage House £45,000, 26 January 2018, 17th September 2018 £1,000.
    • beanielou
    • By beanielou 17th Apr 18, 11:00 AM
    • 56,880 Posts
    • 231,649 Thanks
    beanielou
    Good news on the reviewing grant bids.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. MFW 2018. No 144
    • greent
    • By greent 17th Apr 18, 7:50 PM
    • 7,360 Posts
    • 74,584 Thanks
    greent
    MSE censorship does make me laugh at times!

    Agree that Springtime is beautiful. Magnolias are magnificent.
    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) £6100/£7500
    Net sales 2018 £658.15/£1000 PAYDOX18 (#15) Done £18918.90
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