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Getting Into The UK Property Market. How To? Teach Us How To? Get In Here / Living In The Uk/life As A UK Immigrant / Living In Australia/life As An Australian Immigrant (2) (3) (4)
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Re: Living In The UK: Property,Mortgage And Related by Lexusgs430: 9:14pm On Feb 29 |
Pearlyfaze: Only if you promise not to collobi my tithes/offerings........๐๐ |
Re: Living In The UK: Property,Mortgage And Related by Estroller: 9:31pm On Feb 29 |
profemebee: Yes it can be done after completion. Ours took about a month. 1 Like |
Re: Living In The UK: Property,Mortgage And Related by profemebee(m): 11:00am On Mar 01 |
thanks for confirming, that was quick.. new build? Estroller: |
Re: Living In The UK: Property,Mortgage And Related by solveabode(m): 9:43pm On Mar 01 |
Hello my people, I got the attached quote for conveyancing. I want to ask if its alright cos is far cheaper than others that I have gotten.
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Re: Living In The UK: Property,Mortgage And Related by solveabode(m): 10:05pm On Mar 01 |
mohtunrahyor: Pls let me ask this question, I have LISA with moneybox that will be 1 year in May 2024 but my wife just opened in February,2024 We are in the process of buying a house, would she be entitled to the 25% bonus in May as I have added her as buying partner? |
Re: Living In The UK: Property,Mortgage And Related by Estroller: 11:18pm On Mar 01 |
profemebee: No, but I don't think it matters. |
Re: Living In The UK: Property,Mortgage And Related by Estroller: 11:22pm On Mar 01 |
solveabode: Yes to the bonus. What you won't be able to do is use her own LISA towards the purchase, to do that, you'll have to wait till the 1st anniversary of her LISA. She will also not be able to use the LISA towards a home purchase in future as she would have lost her FTB status. 3 Likes |
Re: Living In The UK: Property,Mortgage And Related by abubarakat: 10:29am On Mar 02 |
Hi Everyone, I'm looking for a reputable builder in Liverpool. I have a 2 bed BTL that I want to refurbish. If you know any reliable builder in that area, please let me know. Thanks |
Re: Living In The UK: Property,Mortgage And Related by Jamesclooney: 6:22pm On Mar 05 |
1. Has anyone bought a new build โshow homeโ before? How much extra was it? Just feel a lot more stress-free than furnishing to the same standard. 2. Any concerns in buying a house in a 99% white community? Most new builds are in less urban areas with lots of non-immigrants as majority, kinda looking for a mix to get a good community vibe. Any tips on this? Thanks ahead |
Re: Living In The UK: Property,Mortgage And Related by Ugochinyere1(f): 7:02pm On Mar 05 |
Good evening. Please is this the right account needed towards home purchase ejor? I just opened this today and want to be sure Iโm on track ๐ 1 Like |
Re: Living In The UK: Property,Mortgage And Related by Resurgent2016: 7:23pm On Mar 05 |
Ugochinyere1: Yes 1 Like |
Re: Living In The UK: Property,Mortgage And Related by Ugochinyere1(f): 7:24pm On Mar 05 |
Resurgent2016:Ooh great thank you so much for your swift response 1 Like |
Re: Living In The UK: Property,Mortgage And Related by Santa2: 4:44am On Mar 06 |
Jamesclooney: I do not have first hand experience buying a show home but I know people who have and in each case they were happy with their purchase. I had to opportunity to buy a show home last year unfortunately my finances weren't in order, now I am the process of getting same type of house like the showhome but I can see that the showhome had a lot of extra in the build that I wish It was still available to me, I wouldn't mind paying more for all the extra's. In the case of the people I know that got show homes, some were able to negotiate very good discounts as the show home was the last to sell off in the development while others paid slightly more for the extra. I guess it depends on the developers and varying circumstances 1 Like |
Re: Living In The UK: Property,Mortgage And Related by Jamesclooney: 6:31am On Mar 06 |
Santa2:Thanks for your insight. Based on your experience/perspective. Whatโs a reasonable/avg amount to set aside for the extras apart from the deposit? Extra 10k? 20k? Iโm trying to plan as well so as not to be โshockedโ at the additional costs involved. Thanks |
Re: Living In The UK: Property,Mortgage And Related by Pearlyfaze: 8:05am On Mar 06 |
Jamesclooney: To give my opinion on the number two question. I am the only black in my estate. The community have some Black families who have been there with no issues. The colour of humans around you should not bother you at all. If the estate meets your requirements except the number of black people there, I will say be the first Black. 5 Likes |
Re: Living In The UK: Property,Mortgage And Related by profemebee(m): 1:14pm On Mar 06 |
I have a funny theory regarding showrooms which speaks to your nos 1 question Since they're built first as the standard and all in many scenarios, the builders will have a lot of learning curves and points to take from it and use to build the other houses around it.. most times, show rooms are right there at the development site where the other new houses will be My logic isn't to buy a show room.. i try not to get carried away with its beauty... ,you can take pictures and then work your new home to be furnished like it my 2cents abi 2pence 2. Don't let that worry you too much.. if you're the first/only black, be a great representative.. If you're not.. enjoy.. make friends.. it is just skin.. we will turn to dust eventually Jamesclooney: 1 Like |
Re: Living In The UK: Property,Mortgage And Related by Ugochinyere1(f): 7:59pm On Mar 06 |
Resurgent2016:Hi good evening Please if you wouldnโt mind can I dm you? I need some more clarification please |
Re: Living In The UK: Property,Mortgage And Related by Resurgent2016: 9:41pm On Mar 06 |
Ugochinyere1: Sure |
Re: Living In The UK: Property,Mortgage And Related by Ugochinyere1(f): 11:03pm On Mar 06 |
Resurgent2016:Please kindly check your email ๐ |
Re: Living In The UK: Property,Mortgage And Related by Resurgent2016: 7:40am On Mar 07 |
Ugochinyere1: Seen, responded 1 Like |
Re: Living In The UK: Property,Mortgage And Related by Domistic: 12:49pm On Mar 10 |
I need clarification I read somewhere that if I use gift as deposit, that I have to pay tax if the gift is above ยฃ3000. I actually have about ยฃ5000 in Naija that I want to transfer to my Bros and he will In turn send it to me as a gift. How practicable is that ? As I also learnt they need to see his account statement. Has anyone used gift from Naija as part of their mortgage deposit ? How did you go about that ? |
Re: Living In The UK: Property,Mortgage And Related by Domistic: 12:50pm On Mar 10 |
solveabode:seems you used gift in your deposit. Was it from Naija ? How did it go? |
Re: Living In The UK: Property,Mortgage And Related by solveabode(m): 11:26pm On Mar 10 |
Domistic:No. Uk |
Re: Living In The UK: Property,Mortgage And Related by BuildingProject: 12:57am On Mar 11 |
Just want to confirm some things from the elders. Have been planning to climb the ladder all this while, I moved my deposit to the UK from Nigeria long time ago, like 2 years now, but just because my bank account was new and I don't have the urge to shalaye to banks where the lump sum came from, so I left the funds in a relatives account ( British) Now I have all my documents ready and want to put in an offer on a property. My question is..... Is it advisable to move the funds now to the bank account I want to use in getting the mortgage or I should wait till the bank approves the before transferring the funds to my account? Giving that it's more than 2 years that the gbp has been transferred. Do I still need to provide documents /proof of funds during AML check? If my relative transferred the funds to my account now, won't the bank assume it was a borrowed funds from him or how do I explain it was sent to him for safekeeping? When is the right time to move the funds to my account? Now or after applying for a mortgage? Thanks |
Re: Living In The UK: Property,Mortgage And Related by Ticha: 8:54am On Mar 11 |
BuildingProject: Best and cleanest thing is for your relation to gift you the deposit. It has to be a gift with no reservations and the solicitor can help you draw up the right wording etc. And yes, AML applies to him and the funds. They should be prepared to provide upto 12 months worth of bank statements showing the funds. 1 Like |
Re: Living In The UK: Property,Mortgage And Related by Santa2: 11:37am On Mar 11 |
Domistic: If the funds is yours, why dont you just transfer straight to your account, Explain it as your savings in Nigeria. Instead of sending to your brother first and then he sends to you as gift. You are allowed to have savings in Nigeria or any other country. So long as you defend it. 2 Likes |
Re: Living In The UK: Property,Mortgage And Related by mohtunrahyor(f): 9:37pm On Mar 11 |
ITโS MY TESTIMONY TIME ๐๐ผ MOVED INTO MY NEW HOME 29th FEBRUARY Principality 4.8% for 27% deposit (Including Help to Buy Wales) with 2 years in the UK. LISA Contribution with my husband started 23rd of September 2022 and Completed October 2023 to get a total of ยฃ20,000 (bonus included) I really appreciate all of the information and encouragement given on the platform. Thanks to @Lexuss430 and everyone for taking time to reply messages. No more DEAD MONEY ๐ 24 Likes |
Re: Living In The UK: Property,Mortgage And Related by LaXxOnebody(m): 12:01am On Mar 12 |
Congratulations! mohtunrahyor: 1 Like |
Re: Living In The UK: Property,Mortgage And Related by Estroller: 12:24am On Mar 12 |
mohtunrahyor: Congratulations on your new home 1 Like |
Re: Living In The UK: Property,Mortgage And Related by Domistic: 4:13am On Mar 12 |
Santa2: The money is in crypto, at the moment |
Re: Living In The UK: Property,Mortgage And Related by seyejohn94: 1:27pm On Mar 12 |
๐๐ก Testimony Time! ๐๐ก Guess who just conquered the infamous property ladder? That's right โ yours truly! ๐ After an exhilarating journey filled with twists, turns, and a whole lot of learning, I finally got the keys to my very own slice of heaven, just two days after sealing the deal. Let me drop some key pointers for those eager to embark on their own property adventure: Lisa Isn't for Everyone: If you're eyeing a cozy abode in London or certain sought-after spots, Lisa might not be your knight in shining armor. I learned this the hard way, but hey, lessons are part of the journey, right? Solicitors: The Unsung Heroes (or Villains): Oh boy, let me tell you โ the role of solicitors in this process cannot be overstated. They can either be your best friends, smoothing out every bump in the road, or the stuff of nightmares, throwing obstacles in your path. Choose wisely! Believe in the Power of Possibility: Through every hurdle, setback, and moment of doubt, one thing kept me going: the unwavering belief that anything is possible. And let me tell you, standing in my new home, that belief has never felt more real. So, to all the dreamers out there eyeing their own spot on the property ladder, remember this: the journey may be challenging, but the view from the top? Absolutely worth it. ๐๐ #NewHomeJoy #PropertyAdventure 15 Likes |
Re: Living In The UK: Property,Mortgage And Related by Santa2: 3:28pm On Mar 12 |
seyejohn94: Congratulations on your purchase. |
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