₦airaland Forum

Meogom:
Hello guys. Please I need your input.
So we've agreed 25th July for completion, and solicitor say contracts would be exchanged this coming week, no chains.
We went ahead to buy some household stuff from curry's on finance (£1640 @0% interest for 12 months). Now estate agent asked that hope we've not gone buying stuff, told her we bought some stuff, she said she was going to get in touch with Barclays to ask if it's a problem, but that we should tell the solicitor to hold on the exchange till we get feedback.
Abeg what should we do in this instance, cos I don't want to tell the solicitor to hold on.
Whats the implications and the worst case scenario, Could Barclays withdraw the mortgage offer cos of this?
We have some funds available for setting up the house, do we just use this to pay the credit?

Meogom:
Hello guys. Please I need your input.
So we've agreed 25th July for completion, and solicitor say contracts would be exchanged this coming week, no chains.
We went ahead to buy some household stuff from curry's on finance (£1640 @0% interest for 12 months). Now estate agent asked that hope we've not gone buying stuff, told her we bought some stuff, she said she was going to get in touch with Barclays to ask if it's a problem, but that we should tell the solicitor to hold on the exchange till we get feedback.
Abeg what should we do in this instance, cos I don't want to tell the solicitor to hold on.
Whats the implications and the worst case scenario, Could Barclays withdraw the mortgage offer cos of this?
We have some funds available for setting up the house, do we just use this to pay the credit?

Fred2020:
There is usually a condition on your mortgage offer from barclays asking you not to take any additional loan and pay off any outstanding loan within a number of days. But I think it applies after completion and I dont think Barclays has much control over that once completion is done. However, taking on new loan during the process could be a red flag to your willingness to comply but in this case its not material.

The probable worst is a hit on your affordability calculation which means the bank reduces the max amount they can borrow you.

Based on that number, the bank may consider the impact of an additional £136 monthly outgoing to your affordability calculation.

Are you borrowing the maximum amount Barclays can offer? If not, you may be able to preceed without any impact.

You may be better off paying it outright and letting the mortgage broker know that you have settled it.

D1uncle:
A hard search has already been recorded on your account, and the bank will see it regardless. At this point, what matters is how it may impact your mortgage application. The key factors to consider are the amount you’re borrowing and the size of your Mortgage in Principle (MIP).

If your MIP is £500,000 and you’re purchasing a property worth £300,000, then a home improvement loan is unlikely to be a major issue, though it’s important to note that taking out credit before a mortgage application is generally not recommended.

It would be a good idea to speak with a mortgage advisor (rather than the estate agent) to understand how this may affect your application. They can give tailored advice based on your full financial picture.

Lexusgs430:
Between option 1 or 2.......

Calculate what your mortgage payments would be per month and see how that £900 fits in or out....... 😁😂

Goodenoch:
…

This doesn’t seem very transparent or definite.

How much more are the other quotes you’ve gotten?

Lexusgs430:
Unfortunately, you cannot give that lodger a reference.....

Is your landlord aware you have a lodger...... 😁

Meogom:
Good day my people, please any one knows any courier company that can help send phones to Nigeria (at God fearing rates). Thinking of starting small hustle by the side

Lilymond:
Please can you share the link? Let me apply as well.

Cyberknight:
https://www.gov.uk/tax-relief-for-employees/uniforms-work-clothing-and-tools

jedisco:
It's not public funds

eniola1010:
Mr lexus pls what is the best way to get cheap insurance.
I just got one 2009 suv, The cheapest quote i got was 300pounds monthly, for what when its not private jet
Tho my license is less than 2months old
My car park is public car park.

Also i am being charged 30quid monthly for road tax, should road tax really be that high?

Lexusgs430:
It's almost your lucky day ........ What do you do ......

- Guard that ticket like you won the lotto...

- Send an appeal to the council, explaining your plight and their mess up. Include your details so they could respond back .......

What would they do ......

- They have pictures of your vehicle.....
- Another PCN cannot be reissued....
----- They would eventually have to cancel the PCN...... Your lucky day .......😁🤣

NB: The ticket inspector might be sent to vision 2020 or specsavers..........👀👀👀👀

Solumtoya:
Pretty much, yeah. Just set up the Direct Debit to pay in full monthly. Exception is Cash Withdrawals so just avoid them entirely.

Solumtoya:
He wants to earn more for calling in sick

KOVIC19COVID20:
SSP- Statutory Sick Pay

Schoolhike:
Person jam my car while it was parked, while my car also enter person building (fence pulled down) the person left the scene (not a run-away driver I think), but police said it’s criminal as he left the scene, eye witness we’re able to get the car details.

All in all, my point I was asked every question you could imagine. By both police and insurance coy.

Make people shaa no lie for insurance companies that’s all I can say, up to the point of what is your job type and use of car, your mileage you inputted while buying out the insurance and so on.

It’s also very important to update any change in personal details most especially address.

Let you car be in good condition, don’t drive with tyres beyond the allowable legal limit.

rinzylee:
Lloyd switch £150 - I chop am

Natwest £200 - I chop am

First direct £175 - I chop am


Chopnt you yet?

Where is the next Chopchop?

Bourne007:
So you wan follow suit .. .

Overspeeding .. . She was asked to produce DL which she did but the international DL wasn't accepted. She was then asked to produce naija DL but couldn't hence taking to court.