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Nairaland Forum / Nairaland / General / Travel / Living In The UK: Property,Mortgage And Related (75466 Views)
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Re: Living In The UK: Property,Mortgage And Related by deept(m): 11:28am On Mar 13 |
profemebee: Depends on what needs doing. Unless there is a sinkhole or something major damage I don't think it will get to that. When I say high, let me illustrate, a job that will cost let's say 5k if you go to get a quote from a contractor, the management company could do it for 10k and give you all your share of the bill and there is little you can do about it unless things have changed 1 Like |
Re: Living In The UK: Property,Mortgage And Related by profemebee(m): 11:32am On Mar 13 |
thanks for this example in this example, why will management company's own quote be more expensive tho? deept: |
Re: Living In The UK: Property,Mortgage And Related by deept(m): 11:42am On Mar 13 |
profemebee: You have them the power when you signed the terms of your purchase. That's why it's important to read the terms and ask your solicitors questions about what you do not understand. They are out to make money. Important rule in the UK, know what you are signing and it's implications. Tp1s for new builds is like a whole textbook. The ones for older builds usually a few pages. 1 Like |
Re: Living In The UK: Property,Mortgage And Related by Lexusgs430: 11:59am On Mar 13 |
profemebee: Since we're learning, I would give you a recent example........ I was chatted up by one of us here ........ He/She was about to buy a newish build....... The property in question had a parking space for about 3 cars ........ Now the clincher......... The property owner would not own those parking spaces, those spaces are owned by management company, you would have to pay, to park your cars, in front of your own house (not off street parking)..........ππ 1 Like |
Re: Living In The UK: Property,Mortgage And Related by deept(m): 12:45pm On Mar 13 |
Lexusgs430: Case close to home, owner owned the land but not the rights to park. |
Re: Living In The UK: Property,Mortgage And Related by deept(m): 12:46pm On Mar 13 |
profemebee: We are waiting for your good news o.you suppose don graduate since. |
Re: Living In The UK: Property,Mortgage And Related by Lexusgs430: 12:46pm On Mar 13 |
deept: Absolutely....... This UK nah proper capitalist venture......π |
Re: Living In The UK: Property,Mortgage And Related by profemebee(m): 12:56pm On Mar 13 |
lol this parking thing what if I don't have 3 cars, can others parking pay me? ![]() My current apartment is 120 quid a space per month Lexusgs430: |
Re: Living In The UK: Property,Mortgage And Related by profemebee(m): 12:57pm On Mar 13 |
lol i'm learning oooo.. trying to be a good student This thing is like PHD deept: |
Re: Living In The UK: Property,Mortgage And Related by Lexusgs430: 12:58pm On Mar 13 |
profemebee: Would others have a parking pass, with your registration embossed.........π You don't own the land, Infront of your house........ All you can do with that space is, walk on it + temporarily drop your Tesco shopping bags...... Or they charge you for illegal trespass...........ππ |
Re: Living In The UK: Property,Mortgage And Related by profemebee(m): 1:06pm On Mar 13 |
so what did your friend do? not even one car park space is somehow Lexusgs430: |
Re: Living In The UK: Property,Mortgage And Related by Lexusgs430: 1:09pm On Mar 13 |
profemebee: Withdrew from the purchase...... π Remember, the parking charge is not fixed. So the MC would keep increasing the charge......... Or someone else buys them over and changes the rules entirely (never in your favour)........π |
Re: Living In The UK: Property,Mortgage And Related by profemebee(m): 1:33pm On Mar 13 |
that's an issue.. just increasing without any regulations Lexusgs430: |
Re: Living In The UK: Property,Mortgage And Related by Lexusgs430: 1:38pm On Mar 13 |
profemebee: If you park a Ferrari + Bentley on your drive...... How would you want your MC executives to feel........ They can't keep charging Β£120 pcm forever........ ππ That wealth must trickle down....... π |
Re: Living In The UK: Property,Mortgage And Related by profemebee(m): 1:45pm On Mar 13 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() thats a great way to put it Lexusgs430: |
Re: Living In The UK: Property,Mortgage And Related by Nemie: 12:03pm On Mar 21 |
Hi all. For everyone who has completed on a new build, can you share what freebies you were able to snatch up. I am aware that developers can be quite generous if you ask, but not everyone is even aware that you can get some extras for free. It would be good if you can share from your experience what was added on top as a reference point for others who may be towing the same path. Sorry if this has been covered before. 5 Likes |
Re: Living In The UK: Property,Mortgage And Related by ukay2: 8:44pm On Mar 25 |
Any one invested in Solar Energy and Batteries please? I am thinking of going solar panels and batteries and go off the national grids. I may even sell the excess energy l will generate to the national grids and get paid by the energy companies ![]() ![]() At Lexusgs430 et al.... Advice please |
Re: Living In The UK: Property,Mortgage And Related by Lexusgs430: 9:10pm On Mar 25 |
ukay2: I have heard people do it, but they did not have anything good to say about it ...... Remember, you would require consent from your mortgage provider, prior to mounting those panels......π https://www.moneysavingexpert.com/utilities/free-solar-panels/ 3 Likes |
Re: Living In The UK: Property,Mortgage And Related by Vintagee: 4:02pm On Mar 28 |
Please what do you have to say about Rent to Buy. Its a new build and you have the opportunity for shared ownership at any point but can only do a full purchase after 5 years on the RTB contract. The rent is slightly lower than market rate for same kind of property in the same area considering its supposed to be a 20% discount. @Lexusgs430 and other Elders. |
Re: Living In The UK: Property,Mortgage And Related by ukay2: 6:55pm On Mar 28 |
Lexusgs430: Thank you Boss.... Let me use the funds to buy more NYSE stocks..... ![]() ![]() ![]() 1 Like |
Re: Living In The UK: Property,Mortgage And Related by Lexusgs430: 9:30pm On Mar 28 |
ukay2: Or even going long on S&P 500......... ππ NB: Not investment advice...... π 1 Like |
Re: Living In The UK: Property,Mortgage And Related by Lexusgs430: 9:34pm On Mar 28 |
Vintagee: Have you considered cost of staircasing, restrictive covenants, leasehold status, monkey dey work, baboon dey chop equity status etc etc etc...... ππ That 20% supposed discount, is simply a greek gift.....ππ 1 Like 1 Share |
Re: Living In The UK: Property,Mortgage And Related by Ogonsbaba: 10:25am On Mar 29 |
Me and my wife just maxed out our LISA accounts. My joy knows no bound as we start saving for our journey to the property ladder. Thanks to Lexusgs430 and other well-meaning and lovers of properties for letting me know that "rent money is dead money". Lol 3 Likes
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Re: Living In The UK: Property,Mortgage And Related by Lexusgs430: 10:30am On Mar 29 |
Ogonsbaba: I hope you don't feel we put you people, under undue financial pressure.........ππ Remember, your landlord provides a service .....π 1 Like |
Re: Living In The UK: Property,Mortgage And Related by Ogonsbaba: 6:18pm On Mar 31 |
Lexusgs430: Nope, not at all. |
Re: Living In The UK: Property,Mortgage And Related by Lexusgs430: 6:26pm On Mar 31 |
Ogonsbaba: Good....... Some people said we are forcing people to fly, before they could crawl...........ππ 3 Likes |
Re: Living In The UK: Property,Mortgage And Related by profemebee(m): 3:04pm On Apr 01 |
Signed sealed and delivered.... New build .. 12% deposit.. Barclays.. Thanks to everyoneeeeeeeeeeeee.. especially Lexus, Ticha, justwise, LagosismyHome, Deept, Estroller, Stevepop, Mohtunrahyor, Santa2, Zahra29, Solumtoya, Jedisco, Peerielass, bigtt76, newbie715, etc I hope i didn't forget anyone... Rent money isn't dead money tho.... ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Have a blessed day 18 Likes 1 Share |
Re: Living In The UK: Property,Mortgage And Related by deept(m): 3:05pm On Apr 01 |
profemebee: Yay,!!!!! Graduation at last. Congratulations. So did you move out and in on same day? |
Re: Living In The UK: Property,Mortgage And Related by profemebee(m): 3:26pm On Apr 01 |
thanks ![]() nope, did a day after.. also didn't have to worry about paying rent and mortgage same time (which was my initial fear) deept: |
Re: Living In The UK: Property,Mortgage And Related by Jamesclooney: 4:46pm On Apr 01 |
profemebee: Congratulations!!!! We go wash am oo. lol. What was the interest rate if you donβt mind sharing? Did you buy a stock house or off-plan? |
Re: Living In The UK: Property,Mortgage And Related by Lexusgs430: 6:28pm On Apr 01 |
profemebee: Congratulations...,...ππ Comeback after your property has some equity and interpolate your statement........ππ |
Re: Living In The UK: Property,Mortgage And Related by LaXxOnebody(m): 7:05pm On Apr 01 |
Congratulations. You dragged it but you still bagged it. When you ask for direvtions and use a map, getting to your destination is more assured. profemebee: |
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