I have been contemplating making a blog for quite some time. I enjoy reading other blogs and enjoy writing so it seems the right thing for me to do now I have some spare time in the day.
A bit of background about me and my family...
Myself and my husband bought our first home in August 2013. We had saved up for quite some time and had a good deposit to put down. We didn't want to rush in to buying a house and it took us a few months to find one we were both happy with and thought could be our 'forever' home.
We bought a 3 bedroom semi detached house in Derbyshire near our places of work. It had been quite neglected inside by the previous owners who were both retired. We didn't view this as a problem - in fact it was better for us as we could negotiate a better price due to the state of the property.
In money terms, the property was for sale for £134,995 and we paid £122,500 for it. (It always pays to negotiate!) Our first offer of £120,000 was declined which we expected would be the case but we wanted a number to work up from. With our £32000 deposit this meant we had a mortgage of £90500. We took the mortgage out over 27 years so I will be 52 and my partner will be 57 by the time it ends.
Ideally, we would both like to retire at 60 and 65. To do this, we need to get the mortgage paid off as quickly as possible so we can start organising our retirement!
The journey begins....
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