RIP man , Felt really sad seeing these.

Jamesclooney:
Testimony time

(Ushers please be on standby with the offering basket )

The Lord built (bought) us a house!!!!

Signed, sealed and delivered. The bunch of keys dey our hand now. Very heavy lol.

Jokes apart, just an appreciation post for everyone ‘s contribution on here (as well as Chidera Peters on YouTube). The guidance received from this forum has been invaluable. Visited over 12 developers/sites; didn’t care about the fuel burnt because a house is a big deal and even if I didn’t like some houses/location, it helped us narrow it down as we discovered what we liked/didn’t like.

KEY DETAILS
House type - Newbuild
Developer - Persimmons
Lender - Halifax (90% LTV)
Incentives - 5% deposit boost plus flooring package
Mortgage rate - 4.97% ,5yrs fixed (although rates dropped to 4.87% when it was 2 weeks to completion)
LISA bonus - £6k (my wife and I) in the space of 15months, took advantage of the tax windows
Mortgage adviser - Threshold Financial Services (got the recommendation from this thread)


Ps - send funds because everywhere don dry. Surviving on tap water till further notice.

Congratulations and a well Detailed information to help others too .

From me and my family we can send you 5X loads of Kirkland ( Costco ) bottle water .

Tap water issue solved till further notice . 👀😁

Jamesclooney:


Baba you no suppose worry yourself. I’ve never heard a good argument of renting over buying especially in the West. It’s usually a case of people not being able to afford a mortgage making a case for themselves. Otherwise how can you tell me throwing away thousands of pounds as rent a year is smart money move. In a year, I’ve paid over £12,000. Fiam, money gone forever! If you can, buying a house is the number one cost-saving measure one can take!

The 12k payment is for a service. i mean you stayed in the house and had a shelter . Not advocating people not to buy saying you paid 12k no nothing sounds unreal.

missjekyll:


Awwwww, you noticed. Yes , I did change. It's been 4 years and I ve now fully grown into my skin.
Personal growth is awesome and I recommend it to everyone.

If your Buy to let bought with hardearned money is used to push the price of houses ,push up rent, worsen urban drift because young people cannot buy houses. Literally delay people's lives because they cannot get married,have kids because no space? Then I will support a heavy tax on it as a deterrent.
Some things should not be run like businesses. Housing is one of them,health is another.

It doesn't even grow the economy because nobody is doing business just buying up houses and tying up money for decades. It's the small small taxes from millions of tiny transactions that keep the economy ticking over.

There is also a need to understand most of the house bought are run down houses which often people don't want to live in. These investors put in there money, clean the house up, add value and refinance in most cases.

Heck, some of these run down houses are stamp duty except.

So would you still want the government increase rate on such business model?

Datakey:


Yes, it is Monzo flex. Won’t it affect my credit score?

I’m looking for a card that will probably give me up to 4k

Any recommendations?

I got 5KGBP with AQUA. You can have a look.
But be careful not to use over 25% per card and the APR is about 30% .

Datakey:


Yes, it is Monzo flex. Won’t it affect my credit score?

I’m looking for a card that will probably give me up to 4k

Any recommendations?

How many credit cards/accounts have you opened in the last six month ? In none you can go for it . If yes, I’d suggest to give it space before opening more accounts in your profile .

Goodenoch:


Not excessive. Some properties have twice that. Developers usually grade the fees upward depending on the price of the house so the larger and more expensive houses in an estate will pay more. 195 is lower than most I’ve seen, personally. It has usually been between 200 and close to 400.

Yes it rises annually in perpetuity, and it can be increased by the management company (the devs usually contract a separate company). Usually your agreement will state that the estate residents can take over management or hand it over to another company after some time but from reports, that’s usually difficult and most states don’t bother because of the hassle.

.

Is that ground rent or really annual service charge?

elengine:


Hmm 25%. Make I kukuma wait oh. Two years don reach soon

!

Righteousness2:


GOD Bless the State of ISRAEL Forever.
VICTORY! VICTORY! VICTORY ! All the way.[/b]

Brother. If you could be open minded once and not put sentiment on your posts since this war started.

ConfidentialDoc:
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#nigerianhealth

I’d love to contact you man

House , If you’re also affected by the Binance removing USDT/Naira trade .

I moved to Bybit now and it’s working well. Makes a great alternative.

If you’d like to use my ref link : https://www.bybit.com/invite?ref=DQMNGKZ

wonlasewonimi:


Congratulations! It's always refreshing reading this kind of news here. The cost of the property is 26k?

Deposit on 90% LTV .

ehizario2012:


I've been trying to understand why majority of your comments always bear these smiling emojis. Is it a signature sir or na things just funny like that?

You don’t understand brother you just get used to it.

iyatrustee:
https://www.independent.co.uk/tv/news/driver-asleep-dual-carriageway-police-cambridgeshire-b2491425.html

Driving Licence , Otilooor !!

ReesheesuKnack:


You are spoilt for choice.
You can apply as dependant.
You can apply for PSW visa.

A bird 🦅 in hand is worth 2 in Sambisa forest.🌳
If it’s me. I will complete the PSW visa application form, but not click submit yet.
Then at 11:55pm on the day my current bisa expires, I will check one last time if the CoSi have been promised has landed. If it hasn’t, I will pay for, and submit the PSW application.

If Nepa come take light nko ? 11:55 pm odika risky .

jedisco:


I'd drop links to a number of resources worth delving into if longterm investing suits. I've found these quite helpful.
ISAs are better for most (esp higher earners) as all earning are fully tax free. What kind of ISA suits becomes the main issue.

For ISAs- https://www.moneysavingexpert.com/savings/isa-guide-savings-without-tax/

Savings account guide- https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/

Cash ISA vs savings acc - https://www.moneysavingexpert.com/savings/best-cash-isa/#compare

For longterm investing, I use my ISA to buy low cost global index funds (i.e a fund that passively buys small stocks across the globe). Reason is simple and well explained in the short video series attached. You'd typically need a S&S ISA or other vehicles.

https://www.youtube.com/watch?app=desktop&v=_chiIIxMGl0

To compare providers offering these funds- https://monevator.com/compare-uk-cheapest-online-brokers/#comment-1595166

To compare global index funds - https://monevator.com/best-global-tracker-funds/

Personally, I use 2 brokers - InvestEngine for S&S ISA (cheapest) and Vanguard for Pensions. Across both, I invest solely in low cost global funds. For regular savings (after exhausting ISA allocation) I use Chip savings account.

Thanks for the well detailed post.
Do you think it’s smart to invest outside US? I’ve always been putting money aside working with US dominated index funds .

With low cost global funds , I have VUSA , VOO on T212 and VUSA did 15% gain this year which undoubtedly quite astonishing.

Would you prefer VUSD to VUSA to this depends on aggressive you want to go with your investment approach.

Again many thanks for your contribution and looking forward to hearing from you.

Ayodelemi2300:
This question is for people wey sabi car wella. Please is the Hyundai i30 automatic a good car?? I want to buy an automatic car and Hyundai dey enter my eyes. Please I need advice.

Hyundai i30 is a great choice . Wife to a friend of my is using you and always talk about good things about the car. Depending on your location insurance could be quite affordable too.

humblemoi:
Uncle @Lexusgs430 on Tipranks, is it advisable to buy stocks at the dip or the stocks already progressing in the traders portfolio?

Rule of thumb.
Don’t try to time the market.

jedisco:


Truth be said, I doubt if that rent reporting stuff actually works. Mortgage criteria are quite straightforward

I second this opinion. It's a BS tbh !
Never seen any good/ positive effect of this rent thing on CS boosting.

Walexwal:


Yes, you will be eligible as the tax year ends on the 5th of April. Also, I think one can continue to fund their LISA until a person turns 50.

I think it would be fund ISA , not sure one is qualified for LISA again after first use to buy a property. But the rest could be used for ISA

ehizario2012:


Surprising to know that some of us are still not using one form of IPTV provider or the other... IPTV on my phone, laptop, TV box, tab

Watch anything watchable

Please how do you set it up. is it the same from Mr Lexus ?

Lexusgs430:


They don't offer jack + no referral links......

MBNA - Dual offer.....

Virgin - Bslance transfer cards + 0% interest on purchases.......

Not sure they would give to someone without much UK records , say less than a year . Tried their eligibility checker and got the rejection.

Ukliving:


Application was rejected

Will reaching out to customer care make a difference?

-You should have check eligibility before applying. That would leave a hard search on your profile . I’d suggest not trying to apply for anymore CC for the next few months .


Use apps like Credit Karma or ClearScore to find pre-qualified CC before applying

Lexusgs430:



Have you tried MBNA or Virgin....... This one's would suffocate you with credit limit......... 😜🤣

Does that mean they’re good or bad ?

hustla:
Where can we stream Naija match please

High likelihood of disappointing as usual but still

I’m using an app called “55 Football Live “ that’s the only stable place I’ve seen.

To access the current live games , click “ Live” tab and you should see all available matches including the AFCON games .


PS : I think this mainly work on iOS atm. I have it on my iPad.

Please anyone got where to stream live ? free or paid

zyzxx:
can you train someone sir?

Hey buddy .
Are you alright ? Long time and happy
To see you again .

fetomowo:


I seem to understand the question differently. Is there any single (unmarried or an individual) person who have bought a house here?

I will be interested in more single people providing answers and direction to this question.

I’m actually considering two bedroom flat or apartment. Would anyone also advise Buying 2 bd flat under 300K pounds and being able to move out in 2- years time, then put it on rent and been able to gain some cash flow from the property..

Congratulations to everyone.

Can you please new owners help us with more details .

- Like Area of purchase.
- Average price.
- Average deposit.

That would come handy.
Thanks

ubby26:
Phew!!!
We are back!!!
Let me be the first to post.

Moments like this made me realize how much I miss nairaland

Solumtoya:
Avoid using your account for too many International transfers to/from Nigeria within the 4 months leading to your application as Barclays and many other Lenders can have serious issues with this.

If your main Bank is Barclays, they have access to your Financial transactions and can deny you for reasons dating further back while if your accounts are with other banks, they rely on only the time frame you gave them. Of course, if they have concerns they can request for more Months of Statements but I'd say it might be easier to avoid Barclays as main Bank.

LISA please. If you're not 40 yet, please open your LISA today. Moneybox is a good provider and you need only £1. I delayed on my LISA and I am still waiting for it to turn 1 year this week so I can access my funds. LISAs are great, I got free £4,000!

Many Mortgage Advisors charge a fee. You don't have to pay. The Bank pays them like 0.5% of the Mortgage amount so you really shouldn't pay of you don't want to, just look for another Advisor. If you're bold and don't have any special circumstances, you don't even need an Advisor. The main advantage of an Advisor would be Specialist Advice and helping with a range of products across many Lenders to help you get the best deal.

For Tier-2 Holders, it's easiest when you have more than 2 years residency, more than 2 years left on your Visa, 10% deposit (if you have up to 25%, you may not need 2 year residency); also if you have household income of over £100k, you get more Lenders. I had 2 years residency and the only Lender I got was Barclays. Skipton almost considered and Halifax had conditions such as 25% deposit or £100k+ household income.

Don't waste your time getting many Decision-in-principle, just go for Barclays first. Also ensure that whatever Decision-in-principle is only a soft check.

While having credit is good, you may be required to clear all outstanding debts before disbursement of the Mortgage.

Be very cautious of Solicitors, they can mar the whole process. Always go for referrals, a Solicitor someone has used and confirmed as efficient.

Thanks for your contribution. At the bolded, do you mind explaining how you got an extra 4,000GBP if the withdrawal duration is just a year?

Is it with your partner or just you?