24 Feb 2016

Renting out your own home?

A question about : Renting out your own home?

I was thinking about the 'Pay off your mortgage in 2 years' programme, and one of the ideas they seem to push is to rent out your own home, and to rent somewhere cheaper for you to live, and to put the difference into the mortgage.

A couple of them seem to have considered it but not really followed it through - is it something you'd ever consider?

22 Feb 2016

Mortage V Pension

A question about : Mortage V Pension

Should people only consider overpaying a mortgage if they can pay a decent amount in to a pension. Where should the priority lie?

I know this will depend on individual circumstances. I am approaching 42. Should I pay more into a pension now to take best advantage of possible growth or go more towards the mortgage where returns are easir to calculate.

Tricky stuff.

21 Feb 2016

Paying Off or House Improvement? Please help.

A question about : Paying Off or House Improvement? Please help.

Hi. This is my first post and I'm not sure if it's in the right place, but here goes.

22 Feb 2016

Invest or Pay off

A question about : Invest or Pay off

22 Feb 2016

Get yourself a 'Mortgage Pig'

A question about : Get yourself a 'Mortgage Pig'

I decided a while ago that I really wanted my mortgage paid off. It wasn't very large to start with admittedly, but it wasn't coming down as quickly as I would have liked.

As the mortgage was one of those background constants that just gets paid every month without thinking about it, I figured that if it was in front of us and on our minds more, we might make more of an effort to collect more money to chuck at it.

So......I got a mortgage pig.

21 Feb 2016

Hello!

A question about : Hello!

Thought I'd get things going. Unfortunately I don't have a mortgage so this will probably be my last post.

I am renting by the way, I have not paid one off!

21 Feb 2016

Should I pay off my mortgage discussion

A question about : Should I pay off my mortgage discussion

Good article, and very useful to link to when the next Don't pay off your mortgage Troll turns up.

Personally, it ticked all of my boxes and confirmed that my quest to pay off my mortgage was the right way to go.

26 Feb 2016

mortgage free

A question about : mortgage free

we have 77,000 mortgage after buying our council house just over a year ago. although we pay 493.00 on this a month, we are saving 1000.00 in a separate account ready to add to the mortgage when our 2 year fixed rate is up in december 06.

we brought the house for 95,000 (had an 18,000 deposit saved) with the council discount. house valued at 179,000 now

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