onegentleguy:




On this, the above article from Dec, 2019 when the scheme (share consolidation/RSS and buyback) was 1st announced, is still very handy.
...a few of the lines therein have already come to fulfilment. More may likely follow.

It is well.

Your right onegentleguy

Afmaag123:
Please assist.
My friend wants to book a return ticket. From what we are seeing, seems its only her husband can get PTA cos she can't book return ticket cos she has 3 kids. And when she tries to book for the kids alone, it must request for one Adult.
Please has anyone experienced this before?

What type of visa does your family has?

Hope you truly want to return or just to collect PTA?

[quote author=tushqueen post=109214389][/quote]

Yes

Estroller:
You simply allow the 1 Year anniversary of your LISA account to fall into the following tax year, remember tax year is 6th April - 5th April of the following year, you then deposit the maximum £4k in each of the the tax year.

For example if I'm to open one today 8/01/22, my 1 Year anniversary will be 8/01/23. I will deposit the max £4k before 5th April 2022 covering the current tax year and deposit another £4k in the new tax year starting 6th April 2022 but before the anniversary of my account which is 8/01/23. You both do this, and you will get the £4k I referenced in my earlier post.

Thanks so much

kode12:


https://www.moneysavingexpert.com/savings/lifetime-isas/

https://lifetimeisa.campaign.gov.uk/

Thanks....will transfer to moneybox later due to their higher investment interest

Estroller:
In addition to all the have been said, try to max out your £4k allowance if you can before April 5th, that way you get to earn the bonus for 2 tax years within a calendar year. If you are buying with someone get the person to do the same and you both make £4k between you in one calendar year.

Please explain this 2 tax years within a calendar year if one wants to max the 4 pounds allowance....

Thanks

abubarakat:
Nah, you are not paying nada back on Lifetime ISA if use the money to buy your first home.

I think you are confusing it with Help to buy.

Thanks for your clarification.

I am already making provisions to pay back to government. So LISA makes sense then

Estroller:
What you are talking about is help to buy equity loan and not LISA and it is even a maximum of 20% not %25.

Thanks for the clarification.

Gorgeousqueen:


There is no place in the government website where it is stated you would pay back after some years. The only time you would be charged is if you do not use it in buying your first home or withdrawing before 12 months.

Thanks.

Its good for first time buyer be dat

Olinga:
Thank you. So does it mean as far as I do not withdraw my money (other than to buy a house) I won't pay back the 25%?

I think you will pay back after 5 years of buying the house...it's not a free money, just to help you buy your FIRST house

midasfx:


I'm on Tier 4 dependent visa.

ok, dont know much about it.

Olinga:
hello elders in the house

Recently I have been researching on this Lifetime ISA thing to use in saving for a home purchase in 2 years from now. My question is: Does anyone know much about it and is it a good option for saving.

I have done my research just curious to hear from personal experiences too.

Thank you

I use Skipton Building Society....you safe max of 4k pounds in a year and UK.Gov gives you 25% of what you saved....the 25% is not free o, you will pay back later

You pay back the 25% if you withdraw the money if its not to buy your first house.

You should be less than 40 years to qualify.


Other ogas and madams will help out.

midasfx:
Please how long does it take before the NI number comes out? as I'm not sure if I should specify my current Airbnb location on the application.

Please advise.

Your NIN should be at the back of your BRP if your on skilled workers visa

Bluetherapy:
babajeje123 one advise I have for you is to pump the brakes a little bit.

Summary: try shelf all plans and focus on saving for PSW visa life. You will be very very frustrated if you don't put your house in order. If you wan catch rat, you go behave like rat. Divert the attention to what your immediate family needs (paying house rent, childchare) not what your external families need.

You're on student visa and I believe you should be focusing on saving for the after studies life. You probably have given her the wrong impression with the fact that you hustled the money and could fund bringing her down from Nigeria and also paying for quarantine hotel.

Try to put other plans on pause and map out how to solidify your stay here. You can start by letting her know that you have put aside the plans on bringing your mum. Then mention everything that needs to be done to solidify your stay in terms of IHS surcharge, PSW visa fees and the likes. Brainstorm together how to go about it in terms of savings because you need to pay those fees to stay back here.

Enlighten her about the finances that comes being an immigrant in the UK. Probably the reality would hit and change her perspective. You might not he able to achieve this if you don't pump the brakes on how much you disburse out (to other family members)except you had prior savings from Nigeria. Don't portray it to her like it's easy to make this £. Encourage her to get a job probably the reality will dawn on her.

You're clearly working over the permitted limit and you should really be careful with that.

This is really a good advice...many do not know they are on immigrant visas....long term plans are very good to remain focus on the race.

babajeje123:
This is a personal issue that is bothering me. I have decided to post it here with the hope that I would get matured advise here. Besides, people on this platform would be able to advise better since most live in the UK.

I came to the UK last year on student's visa for a 2 year programme. it was challenging upon arrival because the country was on lock down and getting a job was not a walk in the park. When I got one, I had to work many hours during holiday period to pay the debt I owed and also to bring in my family (2 kids + wife). I had to pay for quarantine accommodation because I wanted them to come in December. I got a 2 bed, furnished it, bought other items to make life at least a bit better for my wife. However, she is not appreciative and I am beginning to regret bringing her.

When she arrived, we were all over each other, probably because we've missed each other and all of that. I just noticed that her attitude started changing. I had an idea of what could have brought a change of mood but I didn't want to guess. May be a week after her arrival, I told her about my plan to bring in my mum in April - May so she can help with the kids so that both of us can work as much as we want, knowing fully well that she too will do her masters come next year. She told me it was okay and she had nothing against it. So today, I told her that I would be sending money to my mum by month end so she can starts apply for her passport. She kept quiet for some seconds and said okay. Then, she began to tell me how I always make decisions without carrying her along and how I always kick when she has something better. Then I asked her to gave an instance. She said back at home, she had a certain amount she was giving to her mum every month which she suspended when I was planning to come. She went ahead to tell me that I never gave her mother anything except on few instances since we got married. And then she said, 'what is your plan for my mummy?'

I told her that during the time I was unable to give to her mum, I didn't have and I wasn't even giving to my mum too. However, in December when she with the kids, my mum and her sister were on their way to the airport, I sent 20k to her and sent a message that she should give the sister to help me give her mum as Christmas money. I made it clear that she raised the issue because of my plan for my mum and she denied it. Meanwhile, her mum has a daughter in the UK with her husband. They have tried to bring her in on 2 occasions last year but she was denied. So I told her that we can't bring her mum in now because Home office might think we are desperate and place her on a 10 year ban. She would not have any of my explanations. She just withdrew into her shell.

I left where we were to the room and thought about all my struggle in bringing her and felt terrible. I was wondering if this is not the same woman I told that I worked 21 nights and was still going to lectures from work in order to raise money for their travel. I worked in a food processing company (you can imagine the cold), laundry etc to bring them in. I know the matter has not died and she would still raise it and it may lead to a big fight. We have had the discussion before at home and it led to a terrible fight. Now this. Let me quickly chip it in that when she came and we talked about money for family projects, she initially said each of us should keep our money and contribute a certain percent. The reason she made the suggestion was that she might want to give her mother money and for personal stuff which I may not agree to her dipping hands into family purse. I told her that contributing a quota might not work because of all the things we desire to achieve this year. I told her that what can work is to take a certain amount from her weekly earning for her mum and personal stuff and putting the remaining into the family account and I will also do likewise. She agreed to the suggestion.

Please, how do I handle this matter? I don't want fight because I have a lot to do and I tell you her words can make the meekest man on earth to misbehave. In my life, I have never thought of divorce or separation, but it came to my mind today after the discussion. In fact, I am beginning to look for a job that would take me far away from home as it appears as if we appreciate each other when we are apart.

Now, I can't concentrate on my ICAs. I just hate it when people are trying to manipulate me. It's so painful if you are dealing with someone who doesn't appreciate your efforts. Yesterday, I gave her 85GBP for her DBS. Before she left home, she complained around October that she wanted to change her wardrobe, I sent money. Getting here, she told me she can't be wearing those clothes, I gave her 100GBP. I gave my card details to add on her phone account for data all in a bid to make her happy and for us to have a peaceful home which we didn't have in Naija because of lack of resources.

See, the kind of advise I need is what to do not to give too much attention to her. Suggesting that I should have a heart-to-heart talk with her won't work because it has never worked. It always leads to heated argument and insults. I won't mind if someone can recommend a good marriage counselor.

Please, I didn't post this for likes and shares. Na solution I dey find abeg

So pathetic leaving with unsupportive partner....I have nothing to say in this matter, unfortunately.

Its upto you to make yourself happy after escaping naija ...

Chreze:


You won set me up. Hehehehehe.

Basically we lack real love in Nigeria. I am a Christian permit me to use a part of the Bible.

Love your neighbor as yourself. This is the solution to everything. If I love you as myself, it means that I no go do anything wey go hurt you cos I can never do anything to hurt myself.

Love is care.
Love is laughing together
Love is crying together
Love is doing everything together.

The religion in Nigeria is upside down, preachers preach the wrong notions to people.

My brother my sister, the matter long.

But one thing I know is we failed because we were raised by bad parents. And no be our parents fault, they were raised by bad parents too. The generation of bad parenting started when a particular chain of parents raised educated children, but the children were unable to different between gift and goal (birth of inferiority complex).

Thanks

Chreze:


Nigeria could be one of the biggest country on earth. We have all that this other people have combined. We have the brain to stand any level of pain to get result. That is an outstanding quality. But inferiority complex is what is affecting we Nigerians.

Government, I don’t talk about them cos if you look closely, na me and you be the government. Nigeria’s present problem is parenting. We are bad parents in Nigeria. Take it or leave it. The day we start to raise our children in the right ways, that is when we will be able to have a good leader seating in high chairs and table.

Please how can we raise our children kn a good parents way?

Really want to learn....thanks.

Lexusgs430:



We ?.....

Are you part of the government, so called economic team, presidency or political class ........

Lol

You no be Nigerian again...

...e de pain me seeing the naira devaluation on regular basis...

...I have friends and families earning in naira oo...

....just imagine the inflation rate after petrol subsiding removal as proposed this year...

TheGuyFromHR:


Really?
Probably some cartelised attempt to manipulate prices, I shouldn't wonder.
I gather CBN's just 'adjusted' the exchange rate, so that should feed through to prices by Tuesday.

Very likely

When are we going to stop naira devaluation?

HAPPY NEW YEAR 2022 EVERYONE

HAPPY NEW YEAR 2022 EVERYONE

HAPPY NEW YEAR 2022 EVERYONE

fatima04:


Thats what happens when they search for schools with cheap deposit and think they can work their way through the rest of the fees. A lot of students are stranded now and even school withdrawing sponsorship. You won't see them on NL sharing their stories.

Whether single or married, research and plan your journey properly

I have told friends with capacity for tier 2 sponsorship visa to work towards it than students visa.....most won't understand.

While should l pay to study when l can work to get paid...just to write medics exams and you get licence to practice with tier 2 sponsorship for you and your family.

bluebella:
Good evening Dear Gurus,
Pls, I and my wife will be landing in Manchester in a few days' time, I really really urgently need a short stay accommodation (shared if possible). I just got disappointed by a close friend(smiles). We are a cute quiet couple that you will enjoy.

I appreciate all speedy responses.

contact me via....crestedandrew@yahoo.com

Just book Airbnb accommodation and fill in the adress in your passenger locator form...

No need worrying your friend, who may not have accommodation for you and your wife presently...

Biafran4life:
2022 I will try to reduce the no of shares I have.I have plenty different company shares even if na afolabi units.I will sell them to increase the quantity of good dividend paying stock so when dividend lands it will be big for me to reinvent in bond.
Then I will move most of my cash to MM funds, imagine have 6 zero in current account and hybrid account for months without yealding nothing because you are not using
it immediately.

Smart move......don't forget this in 2022

DFmum:
Okay....am really confused in making decisions on this matter, should I leave my kids back home with their father or bring them here with my mother for how long? Are there agencies where I can hire helps to stay with the kids when I go to work? So many on this little head of mine

Better leave them with your husband or mother until you stabilze in the UK oo

justwise:


Then there is very little the solicitor you hired can do. He was banned in 2015 and the agent who submitted forged documents did not disclose that to him then he applied and the ban was activated.

He can not use agent as an excuse.

Concentrate in getting your mum a visa to help with kids.

Very unfortunate situation

Keep telling people not to use agents, most still won't listen.

teeebest:
Hello, please I need advice/suggestions.

I will be travelling to the UK in January with my family as an international student. While searching for accommodation, I got a 3 bedroom flat in Durham. Unfortunately, I couldn't get someone to do viewing for me (though the landlady immediately agreed that I sent someone and also dropped her phone numbers). So, I opted for virtual viewing and everything looks good.

She is not yet married and she said she's been in the UK for 6 years. Can someone co-own a property in UK in this short period?(She's Ghanaian and the other person is Nigerian). I was told to pay a deposit of £500 while I will pay the monthly rent of £570 when we are ready to move in. She didn't request for a guarantor as well.

She always sound nice and ready to help. Infact, she agreed that I can pay half of the deposit now and the balance in January before we arrive.

Elders, is it possible that this woman want to scam me or it's just one of those things? I got to know about the co-owner when I got the rent contract and according to her, she has a lower share in the property. The account number for payment is also hers.

Can I proceed please?

Please don't pay anything to anyone account until you see the house physically yourself or trusted friend.

Genuine owner will wait for you if she doesn't get another person . January is very close

emmanuelewumi:



You will get N455,000 on 24th June 2022 and 24th December 2022 till 2031. That will be about N910,000 every year. And N9.1 million coupon in 10 years. Your initial investment of N7 billion will be paid back after the 10th year.


You can use your Sukuk and bond Investments as collateral to get loans equivalent to 80% of your Investments, financial institutions prefer Sukuk and bonds to stocks.

With your N7 million, you can get a loan of about N5.6 million.

There is a secondary market on FMDQ and NSE for the sale of your Investments before maturity.

Fixed income Investment can appreciate in price but not as volatile as equities.

Interest rates and inflation affects the price of your fixed income Investments. When interest rates and inflation increases the price of your Fixed income Investment will fall in the secondary market, if interest rate reduces the price will appreciate in the secondary market.

If Interest rate should reduce to 10%. The price of your Fixed income Investment of N100 at a coupon of 13% will increase to N130 in the secondary market.

If interest rate should increase from 13% to 15%, your fixed income Investment of N100 at a coupon of 13% will come down to about N87 in the secondary market.

But if you hold till maturity you don't have to worry about the price movement of your Fixed income Investment.

Part of the steady cash flow from your Fixed income Investment should be invested in equities especially when the market is bearish, real estate, Eurobonds etc

Very apt

Lexusgs430:


Also remember to write on the wall ................ '' THIS HOUSE IS NOT FOR SALE, BEWARE OF MY FAMILY MEMBERS''.........

Loooool

Didn't write mine oo

Ralphlauren:


Are you sure about the bolded ?

Safe deposit box is a service offered by a lot of banks around the world.

I know for a fact union bank nigeria offers this service. Go to one of their major branches and ask for a safe deposit box account/service. You will most likely be asked to open an account with them as its a service offered to existing customers.

Another option is to bring the documents with you to the UK and use the safe deposit box service of any UK bank. I'll personally recommend NatWest.

Better to come to UK with the documents

Ralphlauren:


Are you sure about the bolded ?

Safe deposit box is a service offered by a lot of banks around the world.

I know for a fact union bank nigeria offers this service. Go to one of their major branches and ask for a safe deposit box account/service. You will most likely be asked to open an account with them as its a service offered to existing customers.

Another option is to bring the documents with you to the UK and use the safe deposit box service of any UK bank. I'll personally recommend NatWest.

Better to come to UK �� with the documents