Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: Field Marshal Dr. Opti on 02 October 2018, 12:29:17
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.......I'm mortgage free. :y
The best the bastards would offer me was 4.74%. I wanted 2.5% or less.
It's a fair old chunk of change I had to come up with as the mortgage had 8 years to run (2026) but I console myself with the fact I'll save thousands in interest and have an additional £850 each month to squander. :D
Nice feeling though.
Now what can I waste £850 on each month....... ::)
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It's equivalent to saving over seventy grand in an account paying 4.74% interest for eight years. Except........there is no tax to pay on the interest.
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Now what can I waste £850 on each month....... ::)
I'm sure Mrs Opti has some ideas! ;D
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Now what can I waste £850 on each month....... ::)
I'm sure Mrs Opti has some ideas! ;D
I'm thinking a new car but this time on PCP or similar. ::)
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Donate it to the less well off, like any good socialist should. ;D
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.......I'm mortgage free. :y.....
What kept ya? ::) I've been mortgage free for about 4 yrs now :y .....but for some reason I still don't have loads of cash left at the end of the month :-\. And I wasn't paying £850 a month either
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Car tax, petrol and tyres :D
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Been mortgage free since 1987 inheritance very lucky, hate paying interest on anything always 0 percent or discount for cash otherwise no deal from me ! Congratulations Opti Aston Martin possible now 😀
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...since 1977, end of term mortgage. ::) ::) ::)
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Been mortgage free since 1987 inheritance very lucky, hate paying interest on anything always 0 percent or discount for cash otherwise no deal from me ! Congratulations Opti Aston Martin possible now 😀
A DB9 is nice but is really just a Ford dressed in a posh frock?
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.......I'm mortgage free. :y.....
What kept ya? ::) I've been mortgage free for about 4 yrs now :y .....but for some reason I still don't have loads of cash left at the end of the month :-\. And I wasn't paying £850 a month either
In a way its free money, because everyone has to pay rent or a mortgage unless they are homeless. :y
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Donate it to the less well off, like any good socialist should. ;D
I couldn't possibly donate it to a wealthy right-winger like yourself. Perhaps I could give it to that nice Mr Corbyn. :)
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Put it in your monthly SIL wine, dine & laptop fund, you know you want to. :P
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Congratulations :y :y
I've got 17 years to go. :( :'(
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Been mortgage free since 1987 ....
I'd yet to buy a house back then ;)
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...since 1977, end of term mortgage. ::) ::) ::)
I was still at school then ::) ;D ;D
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Congratulations :y :y
I've got 17 years to go. :( :'(
You'll get there eventually :y :y
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Been mortgage free since 1987 ....
I'd yet to buy a house back then ;)
I was on my 3rd then bought my first in 1974 brand new 2 bedroom semi-detached cost me £10,850 I was 20 years old also had a brand new Ford Escort Mexico ! Living the dream, done very well with property over the last 30 years , don't care what any financial adviser says put your cash in bricks & mortar can't go wrong.
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...since 1977, end of term mortgage. ::) ::) ::)
I was still at school then ::) ;D ;D
I hadn't even been born yet! ;D ;D
Only 30 years to go on mine... should manage that before I cork it.
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Donate it to the less well off, like any good socialist should. ;D
I couldn't possibly donate it to a wealthy right-winger like yourself. Perhaps I could give it to that nice Mr Corbyn. :)
Or pay the mortage for a poor family who cant afford one. Redistribution of wealth is the right thing to do. You know it makes sense. :y
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Been mortgage free since 1987 ....
I'd yet to buy a house back then ;)
I was on my 3rd then bought my first in 1974 brand new 2 bedroom semi-detached cost me £10,850 I was 20 years old also had a brand new Ford Escort Mexico ! Living the dream, done very well with property over the last 30 years , don't care what any financial adviser says put your cash in bricks & mortar can't go wrong.
Absolutely. When we moved a few years ago had surplus cash after selling London house. Bought a flat in London as well as house in Wales. The flat has been better than any investment would have been, even allowing for CGT if/when I sell.
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Been mortgage free since 1987 ....
I'd yet to buy a house back then ;)
I was on my 3rd then bought my first in 1974 brand new 2 bedroom semi-detached cost me £10,850 I was 20 years old also had a brand new Ford Escort Mexico ! Living the dream, done very well with property over the last 30 years , don't care what any financial adviser says put your cash in bricks & mortar can't go wrong.
I'm guessing a Mk1 Escort Mexico was around £1000 in '74.................worth a small fortune today. :y
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Been mortgage free since 1987 ....
I'd yet to buy a house back then ;)
I was on my 3rd then bought my first in 1974 brand new 2 bedroom semi-detached cost me £10,850 I was 20 years old also had a brand new Ford Escort Mexico ! Living the dream, done very well with property over the last 30 years , don't care what any financial adviser says put your cash in bricks & mortar can't go wrong.
I'm guessing a Mk1 Escort Mexico was around £1000 in '74.................worth a small fortune today. :y
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£1030 to be exact Opti £206 deposit & £31.40 per month for 36 months , remember it like it was yesterday Monza blue with white Mexico logo loved that car 😀
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Been mortgage free since 1987 ....
I'd yet to buy a house back then ;)
I was on my 3rd then bought my first in 1974 brand new 2 bedroom semi-detached cost me £10,850 I was 20 years old also had a brand new Ford Escort Mexico ! Living the dream, done very well with property over the last 30 years , don't care what any financial adviser says put your cash in bricks & mortar can't go wrong.
Absolutely. When we moved a few years ago had surplus cash after selling London house. Bought a flat in London as well as house in Wales. The flat has been better than any investment would have been, even allowing for CGT if/when I sell.
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Definitely , sold all our rental properties now & bought our dream house cash, never thought we would ever be in this position 30 years ago .All started with an inheritance of just over £50,000 in 1987 just very lucky, didn't listen to any financial advisers all seem slippery buggers to me just used commonsense & a very good accountant .
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Been mortgage free since 1987 ....
I'd yet to buy a house back then ;)
I was on my 3rd then bought my first in 1974 brand new 2 bedroom semi-detached cost me £10,850 I was 20 years old also had a brand new Ford Escort Mexico ! Living the dream, done very well with property over the last 30 years , don't care what any financial adviser says put your cash in bricks & mortar can't go wrong.
I'm guessing a Mk1 Escort Mexico was around £1000 in '74.................worth a small fortune today. :y
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£1030 to be exact Opti £206 deposit & £31.40 per month for 36 months , remember it like it was yesterday Monza blue with white Mexico logo loved that car 😀
I was too young at the time but I always liked the Mk1 Escort twin cam. This car had the same engine as the Lotus Cortina and Lotus Elan.
Pretty rare these days and worth a lot of money. :y
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...since 1977, end of term mortgage. ::) ::) ::)
I was still at school then ::) ;D ;D
I hadn't even been born yet! ;D ;D
Only 30 years to go on mine... should manage that before I cork it.
Strewth...... :o :o :o How long is your mortgage term?
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Been mortgage free since 1987 ....
I'd yet to buy a house back then ;)
I was on my 3rd then bought my first in 1974 brand new 2 bedroom semi-detached cost me £10,850 I was 20 years old also had a brand new Ford Escort Mexico ! Living the dream, done very well with property over the last 30 years , don't care what any financial adviser says put your cash in bricks & mortar can't go wrong.
I'm guessing a Mk1 Escort Mexico was around £1000 in '74.................worth a small fortune today. :y
.
£1030 to be exact Opti £206 deposit & £31.40 per month for 36 months , remember it like it was yesterday Monza blue with white Mexico logo loved that car 😀
I was too young at the time but I always liked the Mk1 Escort twin cam. This car had the same engine as the Lotus Cortina and Lotus Elan.
Pretty rare these days and worth a lot of money. :y
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Would have loved a Lotus Cortina a pal of mine had a MK2 Cortina Savage ( 3 litre V6) that seemed a real beast at the time , reg was HTF 12F last time I looked on the MOT site it was still around.
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Strewth...... :o :o :o How long is your mortgage term?
30 years ;D
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Strewth...... :o :o :o How long is your mortgage term?
30 years ;D
Thirty years is a long time. If you worked harder you'd only need a 10 year mortgage. :) ;)
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Strewth...... :o :o :o How long is your mortgage term?
30 years ;D
Thirty years is a long time. If you worked harder you'd only need a 10 year mortgage. :) ;)
I already pay quite enough tax :P
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In the good old days you got tax relief on mortgage payments.
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In the good old days you got tax relief on mortgage payments.
Yep.....I remember that. It was abolished in the nineties.
It was called MIRAS. 'Mortgage interest relief at source'..... :y
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Strewth...... :o :o :o How long is your mortgage term?
30 years ;D
Thirty years is a long time. If you worked harder you'd only need a 10 year mortgage. :) ;)
I already pay quite enough tax :P
In my experience wealthy people pay little tax. Tax such as VAT on petrol and food hits the poor far more than the rich.
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Strewth...... :o :o :o How long is your mortgage term?
30 years ;D
Thirty years is a long time. If you worked harder you'd only need a 10 year mortgage. :) ;)
I already pay quite enough tax :P
In my experience wealthy people pay little tax. Tax such as VAT on petrol and food hits the poor far more than the rich.
There is no VAT on food.
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Strewth...... :o :o :o How long is your mortgage term?
30 years ;D
Thirty years is a long time. If you worked harder you'd only need a 10 year mortgage. :) ;)
I already pay quite enough tax :P
In my experience wealthy people pay little tax. Tax such as VAT on petrol and food hits the poor far more than the rich.
There is no VAT on food.
Buy a pie in pub. :)
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Strewth...... :o :o :o How long is your mortgage term?
30 years ;D
Thirty years is a long time. If you worked harder you'd only need a 10 year mortgage. :) ;)
I already pay quite enough tax :P
In my experience wealthy people pay little tax. Tax such as VAT on petrol and food hits the poor far more than the rich.
There is no VAT on food.
Some items are VAT exempt........plenty of others are not. :)
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Strewth...... :o :o :o How long is your mortgage term?
30 years ;D
Thirty years is a long time. If you worked harder you'd only need a 10 year mortgage. :) ;)
I already pay quite enough tax :P
In my experience wealthy people pay little tax. Tax such as VAT on petrol and food hits the poor far more than the rich.
There is no VAT on food.
Buy a pie in pub. :)
Is that you treating the missus. Park the jag outside a country pub and in for a swift half and a growler? ;D
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Strewth...... :o :o :o How long is your mortgage term?
30 years ;D
Thirty years is a long time. If you worked harder you'd only need a 10 year mortgage. :) ;)
I already pay quite enough tax :P
In my experience wealthy people pay little tax. Tax such as VAT on petrol and food hits the poor far more than the rich.
Only because it's a far greater percentage of the household budget fag and booze tree...
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In the good old days you got tax relief on mortgage payments.
In the 1980's, I understand that my dad got tax relief on his mortgage, while also being NT coded (not normally resident for tax purposes) - so he actually got a cheque back from the revenue every year. :y
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If M'lud wants to pay zero tax there is a very nice Caribbean island on the market at the moment complete with its own hotel and a snip at $4.8m 8)