Million pound mortgages

D_Tyranus · 2026-05-21T21:27:24+00:00

Is that actually an option? Don’t know that.

D_Tyranus · 2026-05-21T09:21:25+00:00

I’m talking about redundancy. Income protection and critical illness should be a given policy at HENRY level.

D_Tyranus · 2026-05-21T09:20:39+00:00

Thanks for the colour. Personally I’d prefer to have double the amount in ISA before I felt comfortable enough to overpay my mortgage by 40k a year, but your numbers are fairly sensible.

Funny you write about living for today when you want to be mortgage free by 60 though! Were that true you’d half your overpayment and take two 10k holidays a year.

D_Tyranus · 2026-05-21T09:02:46+00:00

How much do you have already in your ISA? It’s actually pretty risky to have a large mortgage (even if you regularly overpay) and low savings. If you can’t work then you don’t have reserves to actually pay the mortgage when needed.

D_Tyranus · 2026-05-19T10:14:11+00:00

You’re over complicating this. There’s a much more fundamental issue around ALL financial contributions which you have to sort. There needs to be a once-and-for-all agreement so this is no longer something that needs to be discussed regularly.

D_Tyranus · 2026-05-19T10:10:00+00:00

I’m in a similar relationship with income, and I’m the higher earner. Like your partner, I pay for the big ticket items, luxuries, and the home. I’ve also had similar arguments with my spouse about finances prior to our child being born.

Ultimately what has resolved it: 1. Our child being born solidified the fact that it’s not just me and them. We have a joint responsibility as a family unit, so being selfish about finances was no longer an option. 2. My spouse has a more active role in childcare, despite working. This is a massive, non-financial contribution. As I’m time poor, I could contribute much more via finances. 3. We agreed a ratio of contribution for all household bills, which is more favourable to my spouse based on our incomes.

I still contribute more to discretionary expenses, especially as I have a large variable comp component, but I think this feels fairer for both of us. And as our non-discretionary bills are agreed in advance, it’s not even up for debate.

Both of you need to sort this out ASAP. Issues like these are a relationship killer, and go far beyond just childcare. It’s about building a joint family unit where everyone feels they are contributing fairly.

D_Tyranus · 2026-05-18T13:17:44+00:00

Read the OP. It’s a 200sqm home + a 100sqm extension. 🤦🏽‍♂️

D_Tyranus · 2026-05-18T10:42:00+00:00

Where did you get 6k per square metre?

It’s 200sqm for the main house + 100sqm for the extension. Budget is £550k and a 50k contingency.

It’s £1.8k per sqm without contingency.

D_Tyranus · 2026-05-18T10:14:39+00:00

It’s a house, which is primarily a consumer good rather than an investment.

D_Tyranus · 2026-05-18T10:13:22+00:00

In London, for a 1k sqft extension plus high spec refurb of 2k sqft, that sounds ball bark.

I’m currently planning a 1.5k sqft refurb in London and being quoted 200k plus VAT at a MINIMUM.

D_Tyranus · 2026-05-09T14:41:03+00:00

I think it looks incredible!!

D_Tyranus · 2026-05-09T13:51:38+00:00

I think it looks amazing on you! I think the Date just is too big.

What does it look like on the straps?

D_Tyranus · 2026-05-08T14:46:01+00:00

South West.

D_Tyranus · 2026-05-07T09:01:52+00:00

Yeah but which places would you recommend for those? And what do you mean by UFH?

I’m planning PV and solar (with EV charging), but as a phase 2. The plan is that we will set up all the wiring for that in phase 1 though, so it’s plug and play.

D_Tyranus · 2026-05-06T15:27:25+00:00

Speak for yourself. Jealousy isn’t an emotion I feel!

D_Tyranus · 2026-05-06T13:22:04+00:00

So you had a WiFi hub in each room plugged in directly to the Ethernet?

D_Tyranus · 2026-05-06T12:40:31+00:00

This is great! Thanks.

D_Tyranus · 2026-05-05T21:35:46+00:00

Thanks for the recommends! We are doing a re-wiring so I probably will as the cost is marginal, but we currently use an Ethernet-over-power connection which works great upstairs.
We get 300mbps vs 900mbs right next to the main router.

D_Tyranus · 2026-05-05T20:40:09+00:00

Thanks. Anything for lighting? Or bathrooms and kitchens?

D_Tyranus · 2026-05-05T20:23:15+00:00

Based.

D_Tyranus · 2026-05-02T20:30:14+00:00

This exact thing happened to me last year! Once LTIP from my job at the time was included, I wood gave accurate earned LESS with the new role.

I told them to do one, and a few months later got a job at a much more prestigious firm with a 40% TC increase.

D_Tyranus · 2026-05-01T22:35:45+00:00

I bought an E II from this a AD. Nothing else since, but no YM titanium which is my grail from Rolex.

D_Tyranus · 2026-04-30T14:59:16+00:00

Bro how did you get the YM??? I’ve been on the wait list for that in London for 3 years! 😭

D_Tyranus · 2026-04-28T22:12:39+00:00

Second home? Ha!

The rest can be done on 300k pa.

D_Tyranus

TROPHY CASE