The concern about the NI payments has been resolved, and much quicker than expected. No email response, that may come later but checking the site today, I can now see that ALL my payments have been accounted for and I'm now close to the full amount of pension entitlement when Im 67. There are stll 5 years of payments to make, and I think 4 or 5 shortfall years left that will take it over the minumum contribution needed, but I'll make the shortfall payments comfortably now, and that wll give us the full amount when I hit the official age.
REALLY happy about that. I will pay all the shortfalls even though there's no real benefit to it, since the future is uncertain I don't want to get trapped by a government change that says you need to have more years contrbution that I have now..its not a massive amount of money and the return is well worth it, so I will do my bit to keep the UK revenue funded :D
Also, though I was fairly sure about this before, a collegue at work caused me to doubt myself, and I had to call the bank to check. He suggested there was a penalty for clearing the mortgage early. Which is indeed not uncommon in the UK and other places.. But I was sure I had read somewhere that there were no charges with my bank...I called to confirm and indeed... no charge for clearing the mortgage early :D.
And a final bit of good financial news, when we sell the only real expense is the real estate agents fees, called makelaar here, about 1-1.5% yeah it sucks but needs to be paid. I've factored that into our costs.
And a final bit of good financial news, when we sell the only real expense is the real estate agents fees, called makelaar here, about 1-1.5% yeah it sucks but needs to be paid. I've factored that into our costs.
Our finances are firming up really well now, every month that goes by our savings are increasing and small things get sold to added to it. Time is now starting to really move fast, I mean its March already.... only 10 full momths to go.
No comments:
Post a Comment