geefe
Full Member
Short for Zangief
Posts: 8,323
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Post by geefe on Sept 22, 2022 12:47:42 GMT
Were they scuppered by child-shaped things?
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nexus6
Junior Member
Posts: 2,534
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Post by nexus6 on Sept 22, 2022 12:49:44 GMT
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Post by quadfather on Sept 22, 2022 13:13:08 GMT
Were they scuppered by child-shaped things? No! Thankfully not! Unexpected car repairs (it's always the fucking car isn't it), and a slightly synth shaped thing have been the main culprits. At least one of them is my own fault I guess  |
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geefe
Full Member
Short for Zangief
Posts: 8,323
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Post by geefe on Sept 22, 2022 13:40:55 GMT
I am increasingly convinced you're just me from the future.
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Post by DJCopa on Sept 22, 2022 14:44:00 GMT
Ed giving both barrels to Victorian Dad - he isn't wrong! |
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Post by drhickman1983 on Sept 22, 2022 14:52:16 GMT
Yeah but somebody took a picture of him eating a sandwich once so whatever.
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Post by technoish on Sept 22, 2022 15:30:08 GMT
"Overpaying would save you £156,342 in interest alone, and mean you pay the debt off in full 17 years & 9 months earlier." Sweet! Still I would need to pay quite a few shitloads extra in the mean time every month....!!! |
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geefe
Full Member
Short for Zangief
Posts: 8,323
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Post by geefe on Sept 22, 2022 16:12:21 GMT
Christ, Moggy can't even look at him
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nexus6
Junior Member
Posts: 2,534
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Post by nexus6 on Sept 22, 2022 17:02:42 GMT
"Overpaying would save you £156,342 in interest alone, and mean you pay the debt off in full 17 years & 9 months earlier." Sweet! Still I would need to pay quite a few shitloads extra in the mean time every month....!!! That's quite the overpayment! I do like tinkering with it though at a low level - monthly overpayment of 50 quid even can help. If you have the extra spondoolicks that is. |
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Post by Reviewer on Sept 22, 2022 17:03:41 GMT
Mogg is one of those people who has contempt for absolutely everyone but is a snivelling creep to those who might get him closer to what he wants - being PM. He thinks he’s cleverer and better than everyone else.
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Post by Reviewer on Sept 22, 2022 17:12:59 GMT
Overpaying is one of the best things you can do to save yourself money long term if you can afford the short term cost/pain.
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Post by Dougs on Sept 22, 2022 19:15:44 GMT
Still got £170k left on mine with 20 years left on the term. Frankly terrifying.
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Frog
Full Member
Posts: 7,300
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Post by Frog on Sept 22, 2022 19:21:40 GMT
Mine is actually not that bad, got about 70k left. Which is good until you realise I have been paying it for 21 years and it started off as 62k.
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mikeck
Junior Member
Posts: 1,945
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Post by mikeck on Sept 22, 2022 19:49:03 GMT
I feel you Dougs, only bought our house last year at the ripe age of 40. Have 25.5 years to go and have barely scratched the surface of what we owe.
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Post by technoish on Sept 22, 2022 19:50:44 GMT
31 years left suckers. Will be 70 then.
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Post by Resident Knievel on Sept 22, 2022 20:12:19 GMT
3 years left (on my tiny flat)
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Frog
Full Member
Posts: 7,300
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Post by Frog on Sept 22, 2022 20:15:03 GMT
Oh nice! Time to buy a holiday home abroad then.
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Post by GigaChad Sigma. on Sept 22, 2022 20:24:58 GMT
Still got £170k left on mine with 20 years left on the term. Frankly terrifying. Lolz try £300k and 20 years. |
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geefe
Full Member
Short for Zangief
Posts: 8,323
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Post by geefe on Sept 22, 2022 20:33:22 GMT
WHERE DO YOU ALL LIVE?!
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Post by Nitrous on Sept 22, 2022 20:58:27 GMT
Overpaying is one of the best things you can do to save yourself money long term if you can afford the short term cost/pain. Started doing just this a year or two after we moved in only by £100 or so per month so have got 80k left over 19 years and a little over 4 years left on a fix at 1.8% I can't wait to have it paid. The sooner the better so I can continue to work, save the money and lead a comfortable life in retirement. Nursery fee's might make this difficult starting next year so I'll see what happens then but I'm keen for the overpayments to continue. |
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Post by Reviewer on Sept 22, 2022 21:25:01 GMT
Nursery fees are horrific, at least until they’re 3 (assuming you meet the 30 free hours criteria).
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Post by Dougs on Sept 22, 2022 21:38:38 GMT
This is exactly what I've been worried about re now Vs the 80s and 90s:
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Post by Dougs on Sept 22, 2022 21:41:50 GMT
I feel you Dougs, only bought our house last year at the ripe age of 40. Have 25.5 years to go and have barely scratched the surface of what we owe. It is what it is - bought first house 13 years ago, moved 8 years and obviously borrowed more to afford a bigger place. So far, so normal. Always been a niggle that this might happen but you pays your money and takes your chances and all that. |
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Tomo
Junior Member
Posts: 3,524
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Post by Tomo on Sept 22, 2022 23:03:16 GMT
Poised to take on upto £425k for 30 years... Urgh...
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Post by Chopsen on Sept 22, 2022 23:08:46 GMT
It's shit, and it's going to be tough for lots of people BUT it does not making buying a mistake. You're other option would have been renting, and the cost of renting is guaranteed to go up with either inflation *or* interest rate rises or even both, as your landlord needs to cover their costs and make a return.
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Tomo
Junior Member
Posts: 3,524
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Post by Tomo on Sept 22, 2022 23:14:24 GMT
Yep.
It's quite something how fucked both the housing and rental markets are in this country.
Along with nearly everything else. 12 years of this insane rule. Surely Keir is getting in next time. Then it depends how long for the national amnesia to descend and everyone forget this last decade of state-destroying Tory rule. Bleh.
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Post by Chopsen on Sept 22, 2022 23:19:40 GMT
tbh, I'm not so sure this would have been so different under Labour.
Generally, nobody stays in power while pissing off home owners, and house prices went up dramatically under Blair. The increased value in house prices was *largely* driven by sustained low interest rates for years, which has been the BoE (not govt) domain and has been a global not UK thing.
Sure, Help to Buy and all that didn't help, so the govt isn't totally off the hook...
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crashV👀d👀
Junior Member
not just a game anymore...
Posts: 3,889
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Post by crashV👀d👀 on Sept 23, 2022 1:01:58 GMT
Overpaying is one of the best things you can do to save yourself money long term if you can afford the short term cost/pain. Started doing just this a year or two after we moved in only by £100 or so per month so have got 80k left over 19 years and a little over 4 years left on a fix at 1.8% I can't wait to have it paid. The sooner the better so I can continue to work, save the money and lead a comfortable life in retirement. Nursery fee's might make this difficult starting next year so I'll see what happens then but I'm keen for the overpayments to continue. We've literally started overpayment this year after sitting on our variable rate mortgage for years and still having 115k left. We were always told we couldn't overpay by the old provider and when they went under the new provider didn't know what to do with us so just kept saying we don't support your product, you need to switch which would've doubled our monthly payment. Decided this year to sort some shit out. Not moving so we'll look at ways to clear the house off. Called again to see if I could dump in my old job termination lump-sum, to be told 'oh we sorted the account stuff out years ago, you could've been overpaying all this time' /facepalm We're now overpaying an extra 2k each month with our goal to have it gone in about 2 years. Just over 60k remaining! Can't wait till it's gone |
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nazo
Junior Member
Posts: 1,307
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Post by nazo on Sept 23, 2022 4:36:04 GMT
Shit, my ability to make exactly the wrong choice every time is amazing. 4 years ago I took a 5 year fix because I was worried rates would go up, but of course they went down even more. Now our fix will be ending just as rates reach a peak.
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Post by Dougs on Sept 23, 2022 5:34:41 GMT
I know that. Made the mistake of fixing instead of a tracker first of all so could have been paying less for the first 6 or 7 years. Ah well.
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