₦airaland Forum

Ticha:
Yes, I often used either the money transfer credit cards or the balance transfer credit cards to fund big purchases. Go for those that have upto 18 months or more interest free periods. Do not spend on the card once you transfer the balance to it or transfer money from it.

https://www.moneysavingexpert.com/credit-cards/balance-transfer-credit-cards/

I prefer the money transfer cards cos it pays cash into my account and I can re-distribute it as I please. I still buy the tickets with a credit card to give S75 protection.

Interesting.

I will do further research on this.

LagosismyHome:
Don't pay nothing ... how can an employer enforce you to pay when you left . I would like to see how this works in reality

I think people pay because they think they must pay but if you don't pay I think nothing happens

People pay because after careful considerations, they agreed and signed that they'll pay in such scenario, it's not uncommon so let's not debate the consequences.

Experience may not be the best teacher in this case.

hustla:
I mean fuding your paypal account with your cc and thenusing your debit card to withdraw from atm

Was told there is a way to do it but i was just thinking about its impact on credit score

Spending/taking more than 30% of your credit limit impacts credit score negatively. People still argue this but my colleague went from excellent to poor because he used about 80% of his credit limit and paid back in full after statement generation.

Akorkor:
Which is the best? Stock and share ISA or Cash ISA? I just want to use it save

To preserve your money the way it is: cash

To grow your money with the possibility of losing it: stock and shares.

Stock and shares is not for the faint hearted, you won't understand this until it happens. I opened stock and shares and under 2 months, almost £500 was gone, I withdrew the remaining.

For stock and shares, it is advisable that you should leave the investment for a minimum of 5 years. The expectation is that even if it goes down, it should recover and make gains in that time.

Peerielass:
If you look back on this thread, we have discussed this in detail previously. Storage heaters work on dual tariff I.e off peak and day tariff. They are supposed to charge up during the night when there is off peak usage (cheaper electric) and then release the heat during the day. There is also some off peak electricity during the day in the afternoons but this will vary with your supplier. You can use your washing machine, dishwasher and other appliances during this time to avoid having to wake up at night. Your storage heater and hot water boiler are usually hard wired to the off peak meter. Changing to a standard meter will mean re-wiring and I don’t think this is straightforward and simple.

How much is your night rate (off peak rate) compared to the day rate? You will find that you are making considerable savings by restricting your energy use to off peak period compared to someone on a standard tariff.

My supplier; British gas does not have off peak during the day, instead they have day rate for one hour during the night.

Switching to single rate is just a matter of giving them instructions.

The boiler has 2 switches, one for day and one for night but the storage heater has only one switch such that if it's on during day, day billing is used and when on at night, night billing is used that is why when the room is warm during the day, I off the switch but need to wake up to on it at night. If I forget to wake up to on it, then I have to put it on in the morning which is day else I'll be cold.

Truth is I hardly do anything with electricity at night.

Does anyone have experience with single rate tariff vs day/night rate tariff?

I'm thinking of moving to a single rate tariff because its stressful waking up at night to turn on/off storage heater because of night rate and we use most of our electricity during the day.

Which is better?

yolkman20:
Good evening,
To everyone, especially dem bosses who has been doing the lord's work from day1 on this thread, I greet una. Thanks for all you do.
Please i seek opinions/advice on this....

To start with, anyone that discourages you from going to Birmingham should have to suggest an alternative place, you shouldn't tell me where is bad without telling me where is better.

That being said, there is nowhere without crime, in UK, it is mostly common around city centers and places occupied by people living under benefits. so don't be scared of Birmingham because of crime, just be selective about where you stay there. There are still people there and they just hosted common wealth games. I have friends too.

The advice my uncle gave based on his personal experience was that I should avoid areas occupied mostly by people that rely on govt. benefits (regardless of the city) because they frustrated his life. He didn’t change city, he just changed area.

You are going to be good with Birmingham just select the particular area you will stay well.

wane01:
Just sent you a PM

It's sold. I will respond to your PM though.

.

Shorty2022:
Goodevening
Please I need advice.
It's a personal problem but since it's happening in UK,
I felt I should post it here
I am applying for housing and the father of my child is based in London and he also has visitation right.
A friend told me that if I don't want to get delay in having a house( not private)
I should pick outside London that's Birmingham,Manchester etc
I don't mind any location but my problem is childcare and the visitation rights since all my friends and babydaddy is in London

What would you do in this situation
Thanks

Your friend didn't say you won't get a house s/he only said there'll be delay so be patient.

Alternatively pick outside London but be willing to drop off the child at weekend and do pickup too.

As for friends in London, you can surely make new friends wherever you go.

profemebee:
we need to confirm o..

my research didn't specifically state it was/wasn't.. there is no clear outline..

if most non-public fund benefits are tied to NI, then what about this LISA where 1k is added to 4k...

LISA is not public funds, I use moneybox and chatted them about it.

Pounds available for sale, send PM if interested.

Lexusgs430:
I don't think we ever discussed balance transfer credit cards ...........

It's simply another credit card, but affords you the ability to payoff/transfer, other credit cards to it (my easiest interpretation)........

You currently have 3 credit cards with £5000 debt in total.........

You apply for a balance transfer credit card, push the £5K debt to it, usually at an interest free period of about 22 months, possibly with much better apr rates... You would then try to pay off that £5K debt, within your interest free period.......

NB: But while you transferred your balance to the donor card, don't use it anymore, till that £5K is fully paid off (remember your interest free period is for balance transferred and not new purchases)........

*My street explanation*........

Interesting.

Thank you

hustla:


Lexus said to Japa when you see this and Leasehold

I actually thought it should be something to rejoice about.

semmyk:
1. What to ask
He said: “Visit the property at different times like weekends and after 5pm.
“Find out if the loft is boarded or part-boarded and ask who owns the boundaries.
“How old is the boiler? When was it last serviced? What is the sellers position – are they in a rush to sell?”

2. Leaseholds
He said: “Be careful buying leasehold properties especially those that are cheaper as they normally have a small year's lease on them.
“If this gets too low, you will find it difficult to get a mortgage on and the fees can be quite large to renew the lease.”

3. Costs
He said: “Always work out your costs and ask if there is any maintenance, ground rent or service charges.
“A lot of new builds have unadopted roads and it’s up to the residents to pay for repairs.
“If the agent doesn’t know this information and the owner hasn’t told them then you won’t find this out until you have already started paying for solicitors.”

Interesting.

Especially that service charge because sometimes it will be like rent on it's own.

Gemma11:
Also never pay for a broker as there are very free ones around like "L&C Mortgages" who are paid by the Lenders to find customers or you could just approach a bank directly.

Interesting.
This is the first time I'm seeing this.

.

wallg123:
How did this story end ?and what is the morals of this story ?. Interesting

Honestly as I read the story en, I even carry touch light dey look for the moral lesson.

The only thing I later manage see na ignorance.

Lexusgs430:
Rather than a car finance deal, get a bank loan of same figure........

You APR on the loan, would be much lower ..........

Wisdom.

Can an overdraft work for this or it must be a loan from bank or any loaning agency.

lightnlife:
Generally, avoid cars with dual transmission (semi-autos).

Avoid French products.

Embrace Japanese and a few German products.

You can check this video for more:
https://www.youtube.com/watch?v=puVH1Q3AqI4

I've confirmed a lot of what was said in the video with a few long-term taxi drivers and users in the UK.

This is insightful.
Thank you.

lightnlife:
Background: I'm currently researching for a good auto car with a budget of 3k. My research reveals that budget will get be something between 2008 and below. I've been advised on brands to avoid like plague due to their wahala.

What brands should be avoided?
It will be helpful to know please.

.

phyl123:
You are allowed to rent a room in your house tax free under the rent an room scheme. More or less take in a lodger. As long as the income is not more than £7,500 per annum.

Thank you

Lexusgs430:
Your tenancy agreement, would implicitly prohibit subletting...........

Why would the LL put his investment at risk.........

I would like to know this because I'm nursing the idea.

Are there any consequences if it's my house (on mortgage of course) and I sublet one room or use it for airbnb while I occupy the other 2.

semmyk:
Suella Baverman, a migrant herself from Africa (more of the India side of Kenya & Mauritius), as I know tilts more on the Theresa May beliefs/approach. However, she also understand the dynamics and hence I don't see her acting harshly or eroding the voting block! Lemme leave it there and sway from 'politics'.

Most of these flying around are recycling of previous groups and blogs from May. Hence, one will not they are not dated. They feeds on hedonic psychology of human.

When you type finish, read your writeup before you click submit.

After clicking submit, read your post and edit where necessary.

You're not communicating.

penurypredator:
Paid £1606 2days back when I did mine and the cover includes driving in EU. It’s a 2020 SUV and I was very suprised to see the price as well. Was getting £1150 or so for black box but I wasn’t open to being monitored for 1yr and I didn’t take it.
If it helps, register on compare the market, then on the same browser you should have AutoTrader open, that way when you’re browsing for cars, you get to see the insurance cost straight away (I’ll gladly explain more on this if it’s confusing with the way I explained).
However, people say adding another driver brings down the cost but I think that’s illegal if the other person won’t be driving at all.
Furthermore, the same insurance would cost £4791 if I was staying in SE London but I don’t live in London anymore but I edited address to see how that influences the price. And my insurance also covers me when I’m driving other people’s car.
Finally, don’t include breakdown cover when you take out the insurance. I got a breakdown cover for under £17 with pinginsure. And my insurance provider is Esure.

Interesting

EmeeNaka:
please, do you know the name of the insurance company he used? I don't mind using the black box.

Your deal of £1600 for two people seems fair. He did for himself alone.

Pardon me if this has been addressed before.

If someone gets a remote job outside UK (but in Europe) without link to his NI or UK account. Salary is paid into his Nigerian account and he moves it to UK via lemonade/wise. Will there be an issue?

EmeeNaka:
Really? that's bad.
I know two individuals that are also new, they got cheap insurance. They always recommend Marshmallow and all that, but I believe there is something more they do that they would not tell anyone because I have done everything they said but it's not working.

How much are you getting.
My friend from Iran got £1k/annum on his international license but with black box. Without black box was £1,300/annum

Lindakam:
I thought I should share my experience on "no recourse to public funds". I happen to be in the tech field with no much years of experience and decided to opt in for a bootcamp to brush up my skills as it offers internship after graduation. I went through the process and passed. However on offer, I was told that the bootcamp was sponsored by the "department of xxxxxx UK"... And since I was on student visa, I have no recourse to public funds which included this sponsorship by one of the govt. departments... Hence, would affect any other applications in the future. It made me to go back and had a good read about this public funds

It thought me a lesson, in as much as I am looking to fit myself into the society, their rules are their rules and sometimes you unintentionally go against it like this one. We also want to ask as such questions as possible and be open as well. I still remain grateful to the lady that pointed it out to me because I would enrolled without knowing that I had gone against my visa rules.

We all know recourse to public fund is against some visa conditions. It is boldly written on BRPs.

The help you can offer here is to mention the govt dept sponsoring the program so that people will avoid it as not everyone may be lucky to encounter the lady you encountered.

You didn't get it so no need to fear competition.

AlphaUno:
The bolded is what will happen. And I’m sure they will still knock his referencing off with one excuse or the other.
All in all, 6 months upfront is what they are after

Imagine presenting a UK guarantor who’s a
Citizen
Home owner
And a professional employed by a government agency
And they still fault the referencing.

If dem no wan give you dem go gather impediments put for your front by all means

You're right...if they plan you they have planned you be that.

But I'm curious as to what the possible outcomes are if after contract expiration the tenant does not have 6 months to pay upfront and landlord does not want to renew except 6 months is paid upfront.