kode12: Yes now, for a 50yr mortgage just imagine how much interest you'd have to pay on that. Instead of focusing developing more affordable housing and preventing all these shady investment practices that drive up the price of the remaining housing stock, the government is instead ensuring its coffers remain topped up to the brim. This scheme is designed like almost everything else, to take advantage of the poor, though it seems like it's meant to help them when considered at face value.
Amarathripple0: Call your bank and open a dispute. Explain that you paid an agreed holding fee that is refundable so as to view the vehicle but you lost interest when you saw that the item didn’t match what you saw online. Also explain that you’ve contacted the seller and they are refusing to send a refund even though you did not make the purchase. Your bank will perform magic for you.
any written or voice note agreement that the fee was refundable?
bluebella: I didn't sign anything. I just did a visual inspection . Asked him if I can do a kickstart and he said the van doesn't start
That should have been the time you ask for your refund immediately......i don't waste time to run away when troubles want to come in this UK as I get many things i will use my energy to fihht later on....
if you pay with your credit card or debit card, DISPUTE the payment and take it up from there....you may get your £200 back soon
Solumtoya: I think we might be due for a Thread on Financing Houses. Just like we have for Students, Parents, etc. A Thread for people on the Mortgage journey would be nice. Ticha, Lexusgs430, etc have given some very good tips on this thread but we may need to compile them.
I agree with you.....make our ogas and madams help us
Ticha: If you're selling to replace the family home then that's fine as you're still buying another home to live in. Otherwise, I have no idea what happens if you don't replace the sold home - a conveyancing solicitor will be able to advise.
Estroller: It seems your intent to make it your sole residence at the point of purchase seems to be the major consideration of HMRC in deciding to either claw back the bonus or not. They do allow for change in people's circumstances which might lead them to either sell or rent out the property. Check these articles for further information.
My 6 months tenancy agreements ends in August 2022. I just received an email from the letting agent asking for my preferred choice to renew the tenancy:
1. 6 Month tenancy renewal (New tenancy sign, subject to landlord approval) 2. [s]12 Month tenancy renewal (New tenancy sign, subject to landlord approval)[/s] 3. Statutory periodic tenancy (Continue under current terms on a monthly rolling basis, no new tenancy sign) 4. [s]Hand in notice and leave at the end of the current tenancy[/s]
My studies end in February 2023, and I have no plans to move before then, so option 4 is out.
Option 2 is ruled out because it's possible I could get a job outside of my current town post-study.
Please advise which option is better between 1 and 3.
The flat is in good condition, and I have no issues with the letting agent/landlord.
Option 3 is ok....no need to new tenancy sign....you should be able to give 1 month notice before moving out....just stay since you like the house.
What if the landlord refuse to renew your tenancy if you go for option 1?
Ticha: Confirm that you don't need ILR for no 1. Definitely flee from no 2. If you don't need ILR for no 1, and you are disciplined with money then go with that but you will not be able to buy another property ie one to rent out until you've paid off the government loan. So it also depends on your long term plans
Madam Ticha, oga Lexusgs430 etc
What's your advice on LISA first time house buyer...can l sell the house or rent the house if l am moving to another city without losing the government 25% contributions with the LISA funds used for deposit for Mortgage. If am going to lose the 25% government contribution to the LISA, then I am thinking of getting my 30% deposit myself and pay for Mortgage so that I can still sell the house or rent the house if am moving out of the city. Then continue to contribute to the LISA account until at retirement.
I enjoyed it so wanted to share.... it about how a single mom in the UK ( father died during a family trip to Nigeria ) was able to shape and mold her 4 children into success. She the mom to Chiwetalu Ejiofor ,Zain Asher (CNN) and a daughter who is a gp
Thank you Ma......very good story
Having good time for children is very good.
Unfortunately, sending children back home now is very risky; unlike during her days naija was really safe.
DeeOneBangin: The first driving lessons I had, told my instructor I have 12 years driving experience. Na so he give me car say he wan see my driving.
When we got to the down hill part, I put car for neutral straight. The guy asked me “Where did you learn that, was that how you were taught in Nigeria ”
But l never learned this in my 9 years of driving in Naija
ololufemi: Chai! You are right my sister. FBN Holdings PLC was another organization that had massive corporate governance issues. Leave that part about making huge profits for the bank because his Chief Risk Officer warned about the exposures to a lot of those transactions but they trudged on. Some of these people ought to be in jail for those insider related facilities they influenced towards Seawolf Oilfield Services Limited as well as other companies influenced by top shareholders and board members.
It was alleged that he got massive kickbacks from those transactions and these were later used to finance his real estate portfolios in places across Ikoyi, Lekki Phase 1 and Banana Island towards his retirement. The dude is also involved with the company that produces Bigi drinks and their associated sausage products.
When corporate governance goes out of the main door, it usually walks away with the key to the main doors of any building. It is always better for investors to exit such building using the emergency exit or windows which is quicker because the crowd presence at the main door may be too much for ease of passage.
These people don't care about retail investors o! Aside the dividends they get, they already make a large chunk of their returns from deals.
RabbiDoracle: (Do your due diligence as this is my opinion)
Near term (to Long term) prices if there is a parabolic move on NSE index and stocks.
JB 100 to 120 WAPCO 150+ if not more. Dangote cement 450 to 500 Seplat 2k5+ Nestle 3K+
Flourmill needs to spike out of control towards 200 to 300. Food crisis will get severe and man must chop
Conoil 300+ Total 600+ FO 450+ Transcorp 15+
Bua cement is about to breakout. It will be rapid. Soon people go begin drink cement.
For the Brewers, I gave possible price targets earlier. Because when economy/globe good, you drink to celebrate. But when economy/globe bad, you drink to cure stress and depression.
For Banks, I gave possible price targets as well.
With these, NSE ASI will easily do 100K and above.
(Based on TA only. Fundamentals lag Technicals)
what are the expected prices based on fundamental?
jinnyz: I just discovered that EDC securities is charging over 2% on trading fees which is highly ridiculous. Pls what other brokers are you using that their fees are low.
onegentleguy: As for MTN, my FVE has also been adjusted upwards to N268.3 (previous: N229.7) following the release of its much line improved Q1, 2022 financial print. ...and that, assuming a very conservative growth margin to YE and raking-off an above inflation risk premium. (ref: 40% margin off... on reality check given present growth constrain in the sector)
Rating retained on outperform. ...HOLD!
For those who sent me mails and messages on MTN following the govts recent restrictive policies... this, perhaps should help douse your worry and guide your decision-making going forward.
Again due diligence still applies as always.
Selah
thanks sir weldone please do similar thing to DANGCEM, WAPCO and BUA
onegentleguy: On this (VITAFOAM), my FVE has now been adjusted upwards to N39.74 (previous: N31.4) following the release of its positively all-touching H1, 2022 financial print. Now that's a near 72% premium from yesterday's closing price.
Looking at the financial print of SEPLAT, I would prefer to sell/exit if I hold a stake therein. Though current mkt trend and its sector dynamic is on a rising path, the coys last 2 financial print describes a position of accelerating risk ahead of feasible reward. (risk-reward margin benchmarked against CMP)
Using a mix of valuation model that discounts a fairly appreciable surrounding risk but attaches a generous growth margin in 2022 giving the favourable sector dynamic (ref: 0.15x/15% TTM... compounded run rate to YE), my FVE pegs @ approx N971.29. ...the coys last closing peg of N1,200 already equates to an over 23.5% premium.
Rating: Underweight (previous: Hold)
I would rather be friends with Mr TOTAL and CONOIL than SEPLAT giving their CMPs.
CAVEAT: The need for due diligence should still take higher precedence ahead of this post. My advice? Pls follow your instinct.
#Edited
Thanks onegentleguy
Just thinking that TOTAL and COINOIL are in downstream while SEPLAT is in upstream?
ShalewaT: I was there the day he called him asking if he can use him as his next of kin for his NHS, and it just took me by surprise cos normally how can you be married and ask your cousin if he can be your next of kin? This cousin is married and he isn't his next of kin, then he said he'd fill my name in when he gets to the hospital. He brought the form home yesterday and I saw he actually used his cousin.
Tell him you feel bad about it and that you are also using him as your NOK too
My wife and I are both NOK to each other and not even our children.....
All in all....una get de final say on how to run your family....
Personal WILL is the most important legally which I encourage people to have as early as possible....
ShalewaT: As a newly married couple that just migrated to the UK, is it normal that my patner uses his London based cousin as his next of kin for his NHS? What's the implications?
Travel › Re: Living In The Uk-life Of An Immigrant (part 2) by ukay2: 6:14am On Jul 02, 2022
