You might not need the NIN for now but best you include to avoid dem future wahala. Make one day Aregbesola no go say all those whose passport does not have NIN should go get another passport like Pantami is doing now

twizzie:
Thanks for your help so far, I kinda figured that out.
Another question please, can one request a new passport with a change of name due to marriage? I selected the change of name option and it took me to the NIS naija portal. I really do not mind using my maiden name but my NIN is in my marriage name. Do I really need the NIN cos on filling the application, the NIN part is not marked as compulsory.

Thanks once again!

Lexusgs430:
Any alternative to stake, in terms of investments......

Etoro offers many more investment options, including access to HKD (Hong Kong stock exchange).......


https://etoro.tw/3s1BT6z

Have you seen the latest bombshell from Sasha on Trading 212? I have been trying to open account since Jan, I will have to drop that idea now.

However, I am still enjoying Freetrade.

Lexusgs430 help plz

flinton:
Good morning all
How do I pick a good LISA account to open
Any red flags?

Ticha:


Leaseholds are fine as long as the lease is long enough (more than 100 years) and the covenants not too restrictive - some might say you can't rent it out or have pets. If the lease is lease than 98 years, factor the cost of extending the lease into the purchase price. Banks won't lend on leases of less than 78-75 years and extending a lease can cost as much as £25k!

Our very first home and property purchase is a leasehold flat which we still have.

Make sure it's close to facilities, public transport and has a parking spot as well. Mainly because flats are starter homes so you'll often have turn over.

Seems like getting over 100 years on old builds is hard to comeby now based on my recent searches.

wonlasewonimi:


Have you seen the latest bombshell from Sasha on Trading 212? I have been trying to open account since Jan, I will have to drop that idea now.

However, I am still enjoying Freetrade.

Yes...... Den hide am 4 small prints ....... Let's see if they would reword, again .......

flinton:
Lexusgs430 help plz

I honestly don't understand esther or grace, hence cannot comment........

Hopefully Ticha might have an answer for you or others that love cynthia..........

Failing that,
https://www.moneysavingexpert.com/savings/lifetime-isas/ + youtube, would be a good tool ...........

Lexusgs430:



Yes...... Den hide am 4 small prints ....... Let's see if they would reword, again .......

I think they will after Sasha’s video just as they did before and they will probably start accepting new UK members soon

justwise:


I think they will after Sasha’s video just as they did before and they will probably start accepting new UK members soon

If T212 does not start offering copy trades, i think they would not attract many new investors .......

bigtt76:
You might not need the NIN for now but best you include to avoid dem future wahala. Make one day Aregbesola no go say all those whose passport does not have NIN should go get another passport like Pantami is doing now

Same way this same Aregbesola advised governor's, to start signing death warrants, to decongest prisons .........

How many death warrants, did he sign as a governor....... In a whole 8 years, while he was a governor ........... Big fat zero ..........

Lexusgs430:



I honestly don't understand esther or grace, hence cannot comment........

Hopefully Ticha might have an answer for you or others that love cynthia..........

Failing that,
https://www.moneysavingexpert.com/savings/lifetime-isas/ + youtube, would be a good tool ...........

Lol
Tnx

Lexusgs430:


If T212 does not start offering copy trades, i think they would not attract many new investors .......

All they need is a stronger competition to wake up

justwise:


All they need is a stronger competition to wake up

They already have ....... Etoro, Freetrade + Stake......

yes O! Best thing is for one to jejely avoid anything that can lead you into their wicked hands

Lexusgs430:



Same way this same Aregbesola advised governor's, to start signing death warrants, to decongest prisons .........

How many death warrants, did he sign as a governor....... In a whole 8 years, while he was a governor ........... Big fat zero ..........

bigtt76:
You might not need the NIN for now but best you include to avoid dem future wahala. Make one day Aregbesola no go say all those whose passport does not have NIN should go get another passport like Pantami is doing now

lol, na wetin we dey face as Nigerians. For now, I won't include before them say I go steal another person own. Thank you.

They will validate it electronically and match it with your existing data so no fears at all

twizzie:

lol, na wetin we dey face as Nigerians. For now, I won't include before them say I go steal another person own. Thank you.

Good insight

Ticha:
Using our latest family home purchase as an example - we bought a 5 bedroom, 1 bathroom, 1 garage semi-detached in 2017 for £225k. We put down a 15% (£35k)deposit as we were buying as a family home. Interest was 2.18% so monthly payments just under £700pcm.

We then spent £55k (cash reserves) on the renovations. It included taking it back to brick internally, putting new windows (was single glazed), central heating, kitchen, re-wiring, created a 2nd bathroom by splitting the garage, carpeted it throughout. It took 5 weeks because we know people in the industry and also had somewhere else to stay so weren't living in a building site. Remember we have 3 children (they were 3, 1.5 and 1.5 then) so we're a family of 5.

All completed - we had spent £90k cash to include the deposit upfront luckily the money came from the sale of our previous family home. Let's imagine that we did it on a budget we would have needed at least a 10% deposit (£22.5k) and another £15k min for a cosmetic renovation (central heating, double glazing, new bathroom, and kitchen) and if we were living in it then it'd be a room by room reno - taking longer and most likely costing more. That's by the by. Our total expectation was that the value would be at least £300k. As it's now a 5 bedroom, 2 bathroom house. If we had taken a bridging loan for the £55k for 6 weeks, interest wold be around 8%, application fees about £1,500, broker fees around £500.

We then left the UK, asked for consent to let and put it in Airbnb for 1 year and did make quite a substantial amount of money from that because it can sleep upto 12 people. CTL was granted for the duration of the rest of our fixed period so 5 years and we were expressly told at the end of that, we would have to revert to a BTL mortgage. CTL cost £199 and we have to re-apply annually.

In 2019, we broke the fix and refixed it for 2 years at 1.8%. The bank did a valuation and the value came back at £265k. Remember adding all our costs means we need it to be £315k to break even. Anyway refixed and rented it out properly. Tenant was paying £980pcm. Mortgage was now just over £600 a month but a repayment mortgage. Meant we could square away £280 ish a month (agent fees and commission is 10%) Luckily, we're not working in the UK now so no tax but if we were working in the UK then £980 - expenses = whatever is left is liable for tax.
That tenant left Dec 2020 and we spent about £5k tarting it up for the new tenant. New tenant is now paying £1250pcm. The mortgage is still just over £600 pcm and it's repayment.

Now 2021 - we have overpaid that we now owe about £150k on the house. So have equity of about £100k. We are remortaging to refix again and take some money out to buy a house in Glasgow. First and foremost, we have to come off the CTL cos we want to leverage the existing equity. It means higher interest rates however it also means lower payments because we will move to an interest only mortgage.

The house is now valued at £290k 4 years later. We must leave a 25% equity in it and have a 25% deposit for the Glasgow house (Looking at max £80k (£20k deposit). It means we need £75k as deposit for the existing house and £20k for Glasgow. The equity just about covers it. Mainly because it's a cheaper house. Much more cheaper. Then we need solicitors fees, stamp duty (2nd home so 3% of purchase price), survey fees, application fees (all BTLs charge it) and the house must be in walk in condition otherwise we need reno costs so maybe another £5k/6k ish. Our new re-fix is for 5 years at 1.3% and interest only so our payments will around £360 ish a month. Remember the rent is £1250pcm. Then iya Charlie takes her cut re tax.

Now compare that to the very first house we bought in the UK in 2010. 2 bedroom leasehold flat - paid £105k in Bristol. It's now worth almost £300k. When we rented it out in 2012, the tenant was paying £280pcm. The current tenant is paying £650pcm and we've almost paid off that mortgage. 11 years. property is a long game.

Recycling cash out of property is the way to go however it pays to know exactly what you're letting yourself in for. Buy right and hold. Property is a long term game. You buy and sit on it and you make the gains. We haven't had to front up a cash deposit in a long time.

You want to go into property? Ignore all those property gurus on YouTube.
Do not pay for any training courses! Join a PIN (Property Investor Network) group in your area - they usually meet monthly and network.
Join Property Tribes.
There are some useful UK property groups on FB.
Get clued up on financing property.
Find a very good broker and lastly, have a source of income no matter how little.

Property goes through lean and good times. In 2015, 2 of ours were empty at the same time, one with extensive pet damage. It's also incredibly hard to remove a tenant. You have to go through the courts and in the meantime, they can stop paying rent. It currently takes at least 14 months to remove a tenant through the court system.

But it is by far the best investments we have done. So my advice? Do it but with eyes wide open.

Oggg:
for police certificate u will need to visit FCID Alagbon Ikoyi or Zone 10 Abuja or Force HQAbuja. Better still if u have any one in the above three locations, you can send them to go to those places and get ur cert by proxy. They should not start announcing from the door that it is proxy o.. the orice will jump from there before u even get inside.
They will get the form for you, there is an instruction video that can be sent along with the form to whatsapp to you, you will then need to print out, complete and thumbprint in all sections alongside submission of the data page of ur intl passport and send back. It will be done and u get ur certificate.
The price going to government is 3500, anyone u are sending there should be a natural bargainer otherwise u will be very well extorted.
Lagos is faster.

Thanks so much for this info..

Ticha:


2nd jobs and savings. Print off 3 months bank statements - go through and highlight anything that you can live without. Cut it out. Shop around for utilities - several companies will pay you to join them(use QUIDCO to search), jump ship if it's cheaper. Pare down your food budget by batch cooking. Set yourself a target x amount in 6, 9, 12 months - and aim to meet it.

Go through your stuff - sell off anything you haven't used or worn in 3 months (raised almost 5k by selling off clothes, shoes, baby stuff that was just accumulating dust in my house) - do not spend the money!

If you're renting a larger house, take a Mon to Fri boarder.

With 95% mortgages, it's much more easier to get a mortgage.

Can I email you please?

This PCR companies in the UK, are a complete rip off .......

Let's see the result of Javid's enquiry ....... In Cyprus, a PCR test is only £12.00.......

MSc Computer Science/Information System (Conversion) or MSc Media and Communication Studies which one offers prospect for jobs in the UK?

cutieb:


Can I email you please?

Oh yes! Happy to chat

Goodmorning beautiful people..this is my first time here.please what are the likely questions that may be asked at the point of entry in the uk.i am going with my history study

Coolcube:
MSc Computer Science/Information System (Conversion) or MSc Media and Communication Studies which one offers prospect for jobs in the UK?

Go and create a thread in the Job/vacancy part of Nairaland

Lexusgs430:
This PCR companies in the UK, are a complete rip off .......

Let's see the result of Javid's enquiry ....... In Cyprus, a PCR test is only £12.00.......

It’s FOC in the Netherlands. Including fit to fly.

Good day house, for experience people living in UK, PLEASE ASSIST
please my wife just got offered letter from Swansea university to study English language, and i am planning to go together with her, please i need your advise
1. how is the university of swansea standard, for any one that has knowledge or info about it
2. is there work in swansea community and how is their accommodation
3. is it still possible to get visa, since i have not started counting my pof
4. our tb test falls on august 227th, can we start bio metric application a
5 is Swansea university under the PSW program (2yrs post study visa)
6. Am planning to pay the tuition fee deposit in fcmb, hope they don't delay

is it possible to work and make the full payment of the school tution fee since i would be working full time while she works 20hrs too
THANKS waiting for response

Please how much is Driving licence fee in the UK? Specifically, Bristol.

Mamatukwas:


It’s FOC in the Netherlands. Including fit to fly.

We are simply cash cows, they would milk us, till our you know what, drops off ..........

Thank you for using my stake referral code ...... 2*2 paired stocks headed our way .........

Only in the month of August.........

The market is looking green, Cryptos too are displaying green shoots .........


https://hellostake.com/uk/referral?referrer=oyedejij225

Hello house!!! I would be leaving for the UK early September, can anyone advise me of possible questions to expect from immigration?

Lexusgs430:
Thank you for using my stake referral code ...... 2*2 paired stocks headed our way .........

Only in the month of August.........

The market is looking green, Cryptos too are displaying green shoots .........


https://hellostake.com/uk/referral?referrer=oyedejij225

I sold my whole ethereum early on saturday thinking it would go down by Monday...see my life outside

wonlasewonimi:


I sold my whole ethereum early on saturday thinking it would go down by Monday...see my life outside

Sold the little I had this morning thinking same.

Europe and Property acquisition.
The attitude of the europeans compared to that of some of us just coming to Europe as regards property acquisition is very different. To the European a house is nothing more than a roof over ones head, whether bought or rented is of little significance. To some of us just coming to Europe, we may see Property acquisition as an untapped Goldmine but in reality it is not. It is not uncommon to get direct property sales offer from the owner at rates below the market level. I got 2 such offers some years back which I did took. My children who were born and grew up here are least interested in property inheritance. Watch your children grow up here without too much Nigerian home influence you will surely notice this same tendency in their orientation. Another significant factor is the time factor, In Europe time runs so fast, nobody will need to tell you that life is short unlike Nigeria where the more wealth you have the more you will believe that life is forever.