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Living In The Uk-life Of An Immigrant (part 2) - Travel (311) - Nairaland

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Living In The Uk-life Of An Immigrant (part 3) / Living In Canada/Life As A Canadian Immigrant Part 2 / Living In The Uk/life As A UK Immigrant (2) (3) (4)

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Re: Living In The Uk-life Of An Immigrant (part 2) by fatima04: 10:46pm On Mar 10, 2022
mizGene:


Until one person smokes weed...

Best set up a direct debit to your own account that you cat easily access.

Lol that's why it's serious like minded people. It does help to build funds quickly for mortgages and heavy investment. Saving alone can take average of 3yrs to build a meaningful deposit suitable for mortgage depending know the location

Even got some Nigerians doing it with solicitors/legal document in place already for the sole purpose of mortgage and nothing else.
Step ladder is also a similar platform for such

7 Likes 1 Share

Re: Living In The Uk-life Of An Immigrant (part 2) by SamReinvented: 11:05pm On Mar 10, 2022
mizGene:

Ppl still do ajo? In the UK?
Una like wahala o.
If one person packs and doesn't pay up what happens?

grin cheesy grin grin
Re: Living In The Uk-life Of An Immigrant (part 2) by hustla(m): 11:24pm On Mar 10, 2022
Re: Living In The Uk-life Of An Immigrant (part 2) by hustla(m): 11:24pm On Mar 10, 2022
umarwy:


20usd in a month, na to use am do Spotify

grin

They're not serious one bit
Re: Living In The Uk-life Of An Immigrant (part 2) by dustydee: 11:27pm On Mar 10, 2022
thank you.
hustla:


Done!

1 Like

Re: Living In The Uk-life Of An Immigrant (part 2) by umarwy(m): 11:41pm On Mar 10, 2022
Mellady:

Just wanted to ask can someone get a nice 3 bedroom house on mortgage in a good location with £30k

30k cash in hand

Or 30k total??
Re: Living In The Uk-life Of An Immigrant (part 2) by Ralphlauren(m): 11:51pm On Mar 10, 2022
LagosismyHome:


Who go help us do the Buy to let or HMO version ..... please there are some listening ears here

For buy to let, the process is quite similar to a residential mortgage. The major differences are:

1. The deposit required (25% minimum of the house value)

2. Stamp duty (if this is not your first property)

3. Stringent affordability test (the bank will apply minimum 8 - 10% interest on top of the standard mortgate interest rate as part of their affordability test to see if you can afford the mortgage should interest rate increase for any reason)

4. Rental valuation report. This is separate from the home valuation report. It is compulsory and is only accepted from a registered letting agent. The rental valuation report details the estimated rental value of the property and similar properties at the same location. Usually the report will have a lower and higher end rental value. The banks always go with the lower value. The monthly rental value is assessed against the monthly mortgage repayments. If the difference is marginal (e.g. mortgage is £700 a month and projected rental income is £600 a month), the bank won't agree to the mortgage.

13 Likes 5 Shares

Re: Living In The Uk-life Of An Immigrant (part 2) by Mellady(f): 11:59pm On Mar 10, 2022
umarwy:


30k cash in hand

Or 30k total??
Deposit for mortgage
Re: Living In The Uk-life Of An Immigrant (part 2) by Ralphlauren(m): 12:01am On Mar 11, 2022
fatima04:


Lol that's why it's serious like minded people. It does help to build funds quickly for mortgages and heavy investment. Saving alone can take average of 3yrs to build a meaningful deposit suitable for mortgage depending know the location

Even got some Nigerians doing it with solicitors/legal document in place already for the sole purpose of mortgage and nothing else.
Step ladder is also a similar platform for such

Leave them to keep arguing oh grin

Ajo is bae. I know people that are using it to break into the property ladder. Imagining ajo is 12 months (1k each) and you pack last and then for the next cycle, you pack first. Thats 24k neat within 13 months grin That's a deposit for a house in the bag.

The caveat is to do it with people you trust and consider credible.

I can't wait to pack mine in July grin I intend to put 4k straight into my shares and stock lifetime ISA and invest the rest in shares and crypto grin i must join Lexusgs430 and wonlasewonimi in the largesse they've been getting from shares and crypto grin

12 Likes 6 Shares

Re: Living In The Uk-life Of An Immigrant (part 2) by Ralphlauren(m): 12:04am On Mar 11, 2022
Mellady:

Just wanted to ask can someone get a nice 3 bedroom house on mortgage in a good location with £30k

Of course yes. It depends on the location and the value of the property.
Re: Living In The Uk-life Of An Immigrant (part 2) by omopapa: 12:04am On Mar 11, 2022
I thought as much
mizGene:


I think she means deposit....(I hope....)
Re: Living In The Uk-life Of An Immigrant (part 2) by omopapa: 12:06am On Mar 11, 2022
Esusu is the way to go. I like this idea sef pack last on the first run then pack first on the second run. Will propose it to my guys
Ralphlauren:


Leave them to keep arguing oh grin

Ajo is bae. I know people that are using it to break into the property ladder. Imagining ajo is 12 months (1k each) and you pack last and then for the next cycle, you pack first. Thats 24k neat within 13 months grin That's a deposit for a house in the bag.

The caveat is to do it with people you trust and consider credible.

I can't wait to pack mine in July grin I intend to put 4k straight into my shares and stock lifetime ISA and invest the rest in shares and crypto grin i must join lexus and wonlesanmi in the largesse theyve been getting from shares and crypto

2 Likes 1 Share

Re: Living In The Uk-life Of An Immigrant (part 2) by Ralphlauren(m): 12:16am On Mar 11, 2022
SamReinvented:

Please name them? If you don’t mind.

https://peritusprivatefinance.co.uk/

Request to speak to a gentleman named Vick

He provides mortgage advice/services for properties in England and Scotland

2 Likes 2 Shares

Re: Living In The Uk-life Of An Immigrant (part 2) by Ralphlauren(m): 12:18am On Mar 11, 2022
Re yankee visa for legal UK residents with passports that are not visa exempt, I'll share the tried and tested strategy tomorrow. Hopefully it hasn't changed.

10 Likes

Re: Living In The Uk-life Of An Immigrant (part 2) by Pijames: 1:11am On Mar 11, 2022
Where can I get good used cars in Bradford
Re: Living In The Uk-life Of An Immigrant (part 2) by hustla(m): 1:27am On Mar 11, 2022
Ralphlauren:
Re yankee visa for legal UK residents with passports that are not visa exempt, I'll share the tried and tested strategy tomorrow. Hopefully it hasn't changed.

I spread mat for here

How many years do they grant though?

grin
Re: Living In The Uk-life Of An Immigrant (part 2) by wonlasewonimi: 2:34am On Mar 11, 2022
Ralphlauren:


Leave them to keep arguing oh grin

Ajo is bae. I know people that are using it to break into the property ladder. Imagining ajo is 12 months (1k each) and you pack last and then for the next cycle, you pack first. Thats 24k neat within 13 months grin That's a deposit for a house in the bag.

The caveat is to do it with people you trust and consider credible.

I can't wait to pack mine in July grin I intend to put 4k straight into my shares and stock lifetime ISA and invest the rest in shares and crypto grin i must join Lexusgs430 and wonlasewonimi in the largesse they've been getting from shares and crypto grin

Lmao the largesse is very sweet bro, best time to be alive.
Re: Living In The Uk-life Of An Immigrant (part 2) by wonlasewonimi: 2:35am On Mar 11, 2022
hustla:


I spread mat for here

How many years do they grant though?

grin

it's always 2 years
Re: Living In The Uk-life Of An Immigrant (part 2) by hustla(m): 2:55am On Mar 11, 2022
wonlasewonimi:


it's always 2 years

oh nice
thanks
Re: Living In The Uk-life Of An Immigrant (part 2) by TheGuyFromHR: 7:48am On Mar 11, 2022
UK looking to solve its care home staff crisis.
Those eyeing care worker jobs should re-strategise....

https://www.itv.com/news/meridian/2022-03-08/care-homes-and-estate-agents-offer-spare-rooms-to-ukrainian-refugees
Re: Living In The Uk-life Of An Immigrant (part 2) by umarwy(m): 7:54am On Mar 11, 2022
Mellady:

Deposit for mortgage

Ok

I think that should suffice. You need to tag @manylerics
@dupsyhsho

Etc I hope I didn't blunder their handles.


Next time provide as much information as possible when asking a question, it makes it easy to get an answer that way.

For now either tag the guys that spoke about mortgage here or ask the question again with as much detail as you are comfortable providing.

30k deposit available
Area you are looking to buy
Etc etc


@lexus
@ralph
Re: Living In The Uk-life Of An Immigrant (part 2) by umarwy(m): 8:02am On Mar 11, 2022
TheGuyFromHR:
UK looking to solve its care home staff crisis.
Those eyeing care worker jobs should re-strategise....

https://www.itv.com/news/meridian/2022-03-08/care-homes-and-estate-agents-offer-spare-rooms-to-ukrainian-refugees


Hehehe

Always the opportunist. The masters students that are underemployed in care sector never do them they want to turn everyone to careers for 2 years.

If care isn't taken it will turn like farmers that live on farms and are overworked without appropriate compensation

4 Likes

Re: Living In The Uk-life Of An Immigrant (part 2) by tushqueen(f): 8:24am On Mar 11, 2022
omopapa:
The amount of information provided on this page and the previous is enough to write a book buying your first house in the UK for dummies grin


Hi, how much is your rate today
Re: Living In The Uk-life Of An Immigrant (part 2) by babajeje123(m): 8:38am On Mar 11, 2022
Anyone using Lemonade should please share their referral link.
Re: Living In The Uk-life Of An Immigrant (part 2) by umarwy(m): 8:41am On Mar 11, 2022
babajeje123:
Anyone using Lemonade should please share their referral link.

https://referral.lemonade.finance/invite/erJK
Re: Living In The Uk-life Of An Immigrant (part 2) by Poanan: 8:51am On Mar 11, 2022
Good morning elders it looks like i have started entering trouble. I went to shop in a community shop some days back. Justwise and co, is that not tantamount to enjoying public funds?

According to the shop, you pay for 5pounds yearly subscription and after that you shop for 3pounds at each shopping and you pay 3pounds but you can only 3times max per week. So together your first shopping u pay a total of 8pounds.

What attracted me to the shop was when i heard they had yams. So I entered and collected the last yam left and few other items and paid 8pounds as a first timer.

Is this an offence? I just reasoned it now!
Re: Living In The Uk-life Of An Immigrant (part 2) by humblemoi: 9:11am On Mar 11, 2022
Poanan:
Good morning elders it looks like i have started entering trouble. I went to shop in a community shop some days back. Justwise and co, is that not tantamount to enjoying public funds?

According to the shop, you pay for 5pounds yearly subscription and after that you shop for 3pounds at each shopping and you pay 3pounds but you can only 3times max per week. So together your first shopping u pay a total of 8pounds.

What attracted me to the shop was when i heard they had yams. So I entered and collected the last yam left and few other items and paid 8pounds as a first timer.

Is this an offence? I just reasoned it now!

This isn't accessing public funds. More like a charitable venture if you ask me.
Re: Living In The Uk-life Of An Immigrant (part 2) by justwise(m): 9:29am On Mar 11, 2022
Poanan:
Good morning elders it looks like i have started entering trouble. I went to shop in a community shop some days back. Justwise and co, is that not tantamount to enjoying public funds?

According to the shop, you pay for 5pounds yearly subscription and after that you shop for 3pounds at each shopping and you pay 3pounds but you can only 3times max per week. So together your first shopping u pay a total of 8pounds.

What attracted me to the shop was when i heard they had yams. So I entered and collected the last yam left and few other items and paid 8pounds as a first timer.

Is this an offence? I just reasoned it now!

Is this a charity shop?
Re: Living In The Uk-life Of An Immigrant (part 2) by Poanan: 9:50am On Mar 11, 2022
justwise:


Is this a charity shop?

The name is "community grocery shop" it is being operated by the methodists.

From the mail they sent to me this morning.The things they stock are being donated by shops like morissons and other food suppliers.

2 Likes

Re: Living In The Uk-life Of An Immigrant (part 2) by iyatrustee(f): 9:53am On Mar 11, 2022
Poanan:
Good morning elders it looks like i have started entering trouble. I went to shop in a community shop some days back. Justwise and co, is that not tantamount to enjoying public funds?

According to the shop, you pay for 5pounds yearly subscription and after that you shop for 3pounds at each shopping and you pay 3pounds but you can only 3times max per week. So together your first shopping u pay a total of 8pounds.

What attracted me to the shop was when i heard they had yams. So I entered and collected the last yam left and few other items and paid 8pounds as a first timer.

Is this an offence? I just reasoned it now!


Sounds like The Mill Community Grocery. If yes, it is a charity shop run by the Church of England
Re: Living In The Uk-life Of An Immigrant (part 2) by wonlasewonimi: 9:59am On Mar 11, 2022
Poanan:


The name is "community grocery shop" it is being operated by the methodists.

From the mail they sent to me this morning.The things they stock are being donated by shops like morissons and other food suppliers.

You sef go know if you don access public funds.. Your head go swell one kind grin this one no be am

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