#90

Only Tories care about any of this stuff. I risk being tainted for even posting here. Goodbye Tories.

4 Likes
#91

Sounds like a plan to me. I’d go easy on your conscience, 'cos there’s a hell of a lot of people with the same plan. And after all, supposedly oldies giving up their palaces to let hardworkingfamilies have a home is very much flavour of the month.

1 Like
#92

haha my mate went ballistic at his provider when he paid off some money early and they assumed he wanted the time to remain the same but to pay less per month…

#93
  • Blah blah early repayment blah careful budgeting or what-fucking-ever.
  • Nah, no Tory mate.

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#94

You may laugh but ‘owning my own property in the next few years’ is quite possibly the most important thing vis-a-vis my own long-term happiness. We’re all different.

#95

I know people who paid their mortgage down to like £1K and then left it trickling out over the full term at a pound a month or something. I think that’s supposed to be good in terms of your credit rating but it would drive me nuts.

#96

Yeah I have to admit by brain turns off at all this stuff. I don’t even understand pensions at all.

1 Like
#97

I don’t know whether you’ve read my replies Geoffrey but I was specifically talking about myself with that comment, you big defensive bastard.

Happy for you and your happiness though man!

#98

Also I’ve left a trail of pensions behind at every job I’ve had. Don’t understand what happens to them or how I’m meant to keep track of them.

PLEASE DON’T RESPOND TO THIS QUESTION ANYONE I DON’T GIVE A FLYING FUCK

7 Likes
#99

today IS an interesting day for pensions

#100

Marckee response in 5, 4, 3…

2 Likes
#101

Technically longer but we’re overpaying by £200pcm and so it’ll be paid off by then if we keep up repayments.

#102

I think my parents left their’s sitting at something ridiculous, like £1, because that way the mortgage stays open and it’s easier to borrow again in future against your house or something? Fuck knows.

#103

We’re 10 months in to our 30 year mortgage.

It’s a balance for us, we want to try and get our LTV down from 70% to 60% over the 2 year fixed period (Did I just write that, jfc) before we switch to another mortgage. We’re trying to do this through a combination of overpaying (zero so far) and increasing the value of the flat (going well so far). We don’t have enough dollar to do both so are concentrating on doing the place up and making it nice to live in.

#104

Aha right you are.

Carry on!

1 Like
#105

The thought of repaying my mortgage early gives me a raging hog.

#106

We moved recently. Just decided one day we wanted a different house so got it all done on the quiet within about three weeks without telling anyone. Completely painless.

#107

Is that for full time employees or all employees? Could be the reason for the stark difference

#108

These guys can go fuck themselves

#109

I thought the fact I wrote “full-time” would have answered that :slight_smile:

https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/bulletins/annualsurveyofhoursandearnings/2016provisionalresults#average-earnings

Apparently in the last year part-time earnings have increased more than full-time, but it’s pretty obvious why full-time equivalents are used for comparisons, since they are unaffected by changes in the proportions of part vs full time workers.

Anyone who can get a mortgage and keep up the payments on a part-time wage certainly gets a tip of the hat from me.