₦airaland Forum

tushqueen:
I applied for a visa for my child who was born in the UK about 3year old. All she had before application was her birth cert. She didn't have any passport. She had her visa granted.

I also know family where I live who couldn't get a near date for their passport renewal and they needed to switch to skilled workers visa. All 5 of them had their visas granted.

gergemam:
Thanks Boss... I never too get money inside an like that.

Please if you know or have any mortgage broker. Kindly share

semmyk:
Placeholder 5
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[Mortgage Brokers]
{Vouch Level: 0 - 10] Depends on the number of mentions, references, feedback,s testimonies ...} PS: Vouch level is not an endorsement!
1. Moneybox - @Tshoboy | unverified | Vouch level: 1 | app | [url]moneyboxapp.com/[/url]
2. Mojo - @SemmyK | unverified | Vouch level: 0 | online | https://mojomortgages.com/
3. London & Country L&C - @Ticha| unverified| Vouch level: 2 | online | www.landc.co.uk/
4. Haysto - shaybebaby| unverified | Vouch level: 1 | online , hybrid | https://haysto.com/
5. Strike (previously Housesimple) - SeyeJohn94| unverified | Vouch lovely: 0 | online, email | https://strike.co.uk
6. Cascade mortgage solutions -@Rapitex | unverified | Vouch level: 1 | phone, physical | http://cascadems.co.uk/
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gergemam:
Hello People,

Please is it possible to secure a house without not touching my LISA for now.

I currently have a deposit of 10K quid, house is going for 55K on Market but I am currently bidding at 50K waiting to hear from the Landlord as communicated by the Real Estate Agent and 40K will be on Mortgage.

Which platform can I use to secure Mortgage

I am FTB

Solumtoya:
Ah you need to update that information. I was shocked too when I saw the process of the newer houses being built in my development. It's actually exterior bricks, proper blocks in the middle, then plasterboard. Inner walls are just wood and plasterboard, I think.

You can't imagine the thermal insulation this gives the home

mex551:
train from Coventry is expensive ohh. National express coach return ticket is about £14. But be ready to leave pool meadow coach station by 4.45am to get to Victoria coach station by 8am

profemebee:
lol.. like 1hr 30mins max by train and £25 per day transport cost max

deept:
New build ba?!!! i doubt you'll get away with it for an old property. The seller would have informed the council that they are no longer responsible for the tax and would give them your details. Councils can give concessions and collect no tax on empty house for a period, not indefinitely, but i think the owner would have to apply for it. In some councils the council tax for empty houses are even more than those that are occupied to discourage empty homes.

Solumtoya:
Not in my experience. I only start paying for Council Tax from the day I move in. I can't pay for Council tax for an empty house and also my residential home at same time. I collect keys and keep paying Council Tax for my current home, then start paying for the new home the date I move in. I may be wrong o, folks can correct me.

As for the Utility Bills, kinda same. Electric and Gas, Water won't really accumulate till you move in so yeah, they overlap but it doesn't really matter.

Broadband, TV License, etc definitely don't overlap.

Solumtoya:
Nah, they backdate the amount to the date you completed o. So it might not be the normal monthly payment. Might be higher or less. Rent and Mortgage payment will typically overlap unless you plan it very tightly. Council Tax and most utility bills won't overlap

profemebee:
thanks boss

More questions:

1. Please how do you people that have completed mortgage transactions manage the timeline between when the tenancy of your rented place is done and when the mortgage deal is successfully exchanged so that you avoid paying rent and mortgage in both places?

That overlap is rarely unavoidable. Be prepared to pay both your rent and your mortgage as well as other bills for both properties for a couple of weeks or months depending on whether the house you are moving into requires some work before you move in.

2. If one exchanges contract and completes mortgage in Jan 2024, when does one start paying the 1st monthly mortgage payment?

First payment will be collected in March, but it will be prorated, starting from the day you collect the keys and added to the first full month (February) so the first payment is usually higher than subsequent ones, you'll see this in your offer letter

profemebee:
hi hi,

what a great set of intelligent and resourceful minds..

I already feel like I own a home lol

For each of us that help out with answers and support, may thy wishes and prayers be answered too...

I will have questions from time to time..

1.This building and life insurance that is tied to mortgage... is it the same as the normal life insurance we all know?

Yes with life insurance, only difference is it now reflects your new reality as a home owner with the added "burden" of the mortgage debt that will without the policy, pass to your family in the unfortunate event of your death.


2. What if one already has life insurance before doing mortgage? will one need to do another for the mortgage?

You can either take out a new policy or update your existing policy to reflect your homeownership status. Some keep both but this might result in you being overinsured, essentially paying too much for what you can get for less.

3. Do I need to go thru a real estate agent to kick-start or i can just start looking for a good home i'm interested in?

Not necessarily, once you have a budget, location and type of house in mind, jump on Rightmove and the likes and start checking out properties. You can use your budget, the location and type of house to filter.

4. What if i use a real estate agent but i like a house that isn't on sale by that real estate agent? Can i still use their mortgage advisor?

You are not obliged to use any of the services of the professionals be it mortgage advisor, conveyancer, etc suggested to you by the estate agent. They represent the interest of the seller and not yours the buyer so you are merely a means to a pay check to them as they will be compensated by those professionals if they successfully referred you.

bigtt76:
Thank you so much for this, I appreciate your contribution. How can I access Freehold new builds ...any idea? Any idea what the highlighted mean?

ukay2:
Good I did 2 years with Halifax....hopefully we shall get < 3% or 3.5% after 2 years....

bigtt76:
With the changes in the National Insurance percentage, would monthly take home increase or decrease? Checked on the HMRC app and they are saying it would be higher from April 2023 to 6th January 2024 due to the changes taking effect from January 2024. Not sure what they meant

AlakeOfEngland:
I visited Barclays today and I noticed having dependants (children) lowers to a great extent the amount of mortgage one can access. So, I was wondering if it is compulsory to declare them and if they have a way of confirming because the amount it reduced no be here ooo?

ToyosiR:
Can someone use income from 2 jobs as total income when determining the loan amount?


Yes, but what counts as income differ from lender to lender.

Can someone less than 2 years in the UK get a mortgage?

Yes, but choices might be limited.

profemebee:
hi hi,

1. what if one can't account for 5years in the UK (traveling out for a period) and one is now within the 28days for the expiry of the work visa?

There is an allowance for this, "Google time outside the UK for ILR"


2. what if one already has way more than 5years but the BRP date hasn't expired? this might be my own case.. i have till end of 2025 but i would have had more than 5years before then

Does not matter, the criteria is spending minimum of 5 years in the UK on a qualifying visa for the 5 year route.

missjekyll:
Dependents can apply for citizenship straight so long as has been 5 years in the UK unless I m reading this wrong. Citizenship is cheaper.

zeke100:
TESTIMONY TIME 😁

COMPLETION DONE AND KEY IN HAND

Barclays 5.4% 10% deposit with 2 years in the UK.

It will be ungrateful not to appreciate all the knowledge, nudge shared on this platform. As a silent reader for 2 years, following keenly, I appreciate everyone contributing to the topic.

Special thanks to Lexusgs430, taking his time to reply messages when contacted and even enlightening me with scenarios over the phone.

To anyone hesitating, It is possible.

kasillars:
Hi House, is there anyone here that works in CONSTRUCTION that can show man the way, the procedures here is very confusing. local man here needs some serious guidance.
@lexusgs430

bigtt76:
For someone who is above 40 and cannot open a LISA account, Is this the same process using Cash ISA account?

hustla:
God when?

bigtt76:
Be like na me prompt you to post this eh ...I just used your sign up code after leaving the shackles of student visa

tushqueen:
And asides from money for the deposit, I have read about other hidden costs required to buy a house. Would people who bought recently mind giving us a clue how much the hidden costs are?

Kingkom:
Thank you for the advice. Please can you point me through, where I can get the loan... I am actually looking at a short term loan that can be paid off in 12 months or before then.
Honestly wouldn't want to run afoul of any laws.

oluwaleokey:
My good people!
Can my grandma way come visiting use the A & E at a hospital? Or at our registered GP?
Does this come with heavy cost? Any implication/impart on her next visiting visa application if she uses the Hospital?
Is she even allowed to access it as visitor that didn't pay IHS?
UK polices on Immigrants dey fear person these days

She has got pile (though managing it) but that one that gives me concern is her inability to sleep at nights. I mean she will not sleep?
She has never used any sleeping pills before now?
I don Google tire and the results found is even more confusing.
Please help
Your candid advise would be greatly appreciated

Kingkom:
Merry Christmas all.
I am new to the UK, September 2023. I am looking for a good credit card that can allow me to withdraw the cash and not just buying things with it. Please which one is good and advisable to apply for?

mex551:
. The hack for withdrawal from Amex Card is this : open a PayPal account , link your Amex card to it. Get a trusted friend to also open a PayPal account . Then transfer the cash via PayPal and it comes with zero transaction fees. Rinse and repeat. Then thank me later. But you should choose friend and family in PayPal so as to avoid transaction fee. Also label it as gift.

ProfJYK:
Finally!!

After 8 months time wasting, we Completed @ 5.38% with a new conveyancer in only 9 days.

75% LTV to keep repayments low and manageable in this high interest regime. About £200 less than current rent.

Thanks to everyone for contributing to this thread.

Stevepop:
To the glory of God, we completed the purchase of our house (new build) last week. Mentally exhausting but totally worth it. Mortgage was with Halifax (90% LTV). Relatively smooth process with attentive mortgage brokers and pro-active solicitors. We had our snagging on Friday and all issues were cosmetic, which made me so happy 'cos of the horror stuffs I've read about new builds.

Monthly mortgage is about £400 above our previous rent, we fixed for 2 years so hopefully, there will be some calm in the interest rate by the time we re-mortgage.

Grateful to everyone for the invaluable comments and advice.

elengine:
Two questions my ogas here please:

1. For mortgage purpose, I want to switch my current account which is also my salary account from Lyold to Barclays. Is it okay because I haven't seen anyone here saying he got mortgage from Lloyd.

Makes no difference because you don't need to have an account with a lender before they offer you a mortgage. If you'll be applying for the mortgage soon, try as much as possible to avoid any activity such as current account switch that will result in a hard search. Also, the older your account the better for your credit profile so even if you are going to switch don't switch from your main account rather open another current account (not all banks do this, so check out for the ones that do), put at least 2 DD on it and switch.

2. Can I still open a LISA account at 40 something age?

No, you can only open one on or before your 40th birthday.

Thank you