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Yes, you can use your Lifetime ISA (LISA) savings combined with your other "normal" savings from your bank account to buy your first home. The LISA can be part of the deposit, and any additional funds required can come from your other savings. This is especially useful if you need more than your LISA savings to cover the entire deposit. As for the bonus, if you open a LISA account in July, you can still receive the 25% government bonus for this financial year. The bonus is paid monthly based on the contributions made to the account. For example, if you contribute £4,000 in July, you should receive a £1,000 bonus from the government in August or September. Therefore, opening a LISA in July allows you to contribute for this financial year and receive the corresponding government bonus within the same year.

Yes, you can use your Lifetime ISA (LISA) savings combined with your other "normal" savings from your bank account to buy your first home. The LISA can be part of the deposit, and any additional funds required can come from your other savings. This is especially useful if you need more than your LISA savings to cover the entire deposit. As for the bonus, if you open a LISA account in July, you can still receive the 25% government bonus for this financial year. The bonus is paid monthly based on the contributions made to the account. For example, if you contribute £4,000 in July, you should receive a £1,000 bonus from the government in August or September. Therefore, opening a LISA in July allows you to contribute for this financial year and receive the corresponding government bonus within the same year.

To apply for a UK student visa with your father, Michael Boakye Yiadom, as your sponsor and using his business statement from M. Boakye Yiadom Enterprise, you need to ensure that you provide the necessary documentation and meet the financial requirements set by the UK government. Here is a step-by-step guide on how to use your father's sponsorship and business statement for your visa application: 1. Financial Requirements The UK student visa (Tier 4) requires proof that you have sufficient funds to cover your tuition fees and living costs. The amount you need depends on your course length and the location of your studies. Ensure you check the latest requirements on the UK government website, as amounts can change. 2. Documentation Needed You will need the following documents: A. Confirmation of Acceptance for Studies (CAS): Issued by your educational institution in the UK. B. Proof of Financial Support: Bank Statements or Business Financial Statements: Show that your father has enough funds to support your studies and living expenses. This can include his personal bank statements or statements from his business, M. Boakye Yiadom Enterprise. Affidavit of Support: A letter from your father confirming he is sponsoring you. It should include details about the relationship, the amount of money he will provide, and his financial capability. Proof of Business Ownership: Documents showing that your father owns M. Boakye Yiadom Enterprise. Business Financial Statements: Recent statements showing the financial health of the business. Evidence of Regular Income: Proof of consistent income from the business. C. Here's a sample affidavit of support letter you would need: [Your Father's Name] [M. Boakye Yiadom Enterprise] [Address] [City, Country] [Email] [Phone Number] Dear Sir/Madam, Re: Sponsorship Letter for [Your Name] I, Michael Boakye Yiadom, the owner of M. Boakye Yiadom Enterprise, am writing to confirm that I will be sponsoring my child, [Your Full Name], for their education in the United Kingdom. I commit to covering all necessary expenses, including tuition fees, accommodation, and living expenses, during their stay in the UK. I have enclosed the following documents as evidence of my financial capability to support [Your Full Name]: Attached to the letter are the Bank Statements showing sufficient funds available, Business Financial Statements demonstrating the financial health and revenue of M. Boakye Yiadom Enterprise, and Proof of Business Ownership, i.e., the Legal documents proving my ownership of the business and documentation of regular income generated by the business. Please feel free to contact me if you require any further information. Yours faithfully, [Signature] Michael Boakye Yiadom 4. Translating Documents If any documents are not in English, you must provide certified translations. 5. Application Process Gather all necessary documents, including your CAS, financial evidence, and other required paperwork. Fill out the student visa application form on the official UK government website. Pay the application fee and the Immigration Health Surcharge (IHS). Schedule an appointment at a visa application centre to provide your biometrics (fingerprints and photos). Submit your application and documents. 6. Additional Tips - Ensure all financial documents are recent (usually within the last 28 days). - Ensure your father's business financial statements clearly show regular income and sufficient funds. - Double-check that all information is accurate and complete. Following these steps will help you meet the financial requirements and provide all necessary documentation for your UK student visa application.

Here is the link to the video: th-cam.com/video/VQ_ii8ic-HI/w-d-xo.htmlsi=ghHJJUFbWK925ide

I'm glad one of my videos helped you open your HL LISA. Here are some of the best high-yield savings accounts currently available in the UK: First Direct Regular Saver: With its competitive rate of 7% AER for 12 months, this account offers you the flexibility to deposit between £25 and £300 each month. It's a great choice if you're looking for a high-yield account that adapts to your monthly savings. Do note that this account requires a First Direct current account​​. Principality Building Society: This account is a beacon of hope for savers, offering an impressive 8% AER on its 6-month Regular Saver account. It's an excellent opportunity for eligible members to see their savings grow, with a maximum deposit limit of £1,200 over the term​. Lloyds Bank Club Monthly Saver: With its 6.25% AER for a 12-month term, this account offers you the convenience of depositing up to £400 each month. It's a stress-free way to save, allowing for more outstanding monthly deposits than other accounts​​. Prosper Savings 185-Day Notice Account: This account offers a rate of 5.60% AER. It requires a minimum deposit of £1,000 and mandates a 185-day notice for withdrawals​​. OakNorth Bank 95-Day Notice Account: This account offers a 5.37% AER with a minimum deposit requirement of just £1 and a 95-day withdrawal notice period​. Vanquis Bank offers several notice accounts, including a 60-day notice account at 5.35% AER and a 90-day notice account at 5.30% AER. Both require a minimum deposit of £1,000​. These accounts offer a range of options depending on your preference for fixed-term savings, notice accounts, or regular savings plans. If you prioritise liquidity, an easy-access account might be best, but if you can lock your money away for a while, notice or fixed-term accounts usually offer better rates. However, it's important to note that all investments carry some level of risk, and it's crucial to consider your risk tolerance before making any investment decisions.

@pathwayuk Thank you so much will explore one of the options.

@@tundedavid3785 My pleasure.

If your husband's UK work visa is not renewed after three years, it will have several implications for both him and you as his dependent. Here are the key points to consider: 1. Validity of Your Dependent Visa: Your visa as his dependent is tied to his work visa. If his visa expires and is not renewed, your dependent visa will also become invalid. 2. Grace Period: The UK usually provides a grace period (often 30 days) for you to leave the country after your visa expires. You need to check the specific conditions of your visas for exact details. 3. Work Authorisation: Once your dependent visa becomes invalid, you will no longer be legally authorised to work in the UK. It's important to note that continuing to work after your visa expires can have serious legal consequences, including deportation and a ban on re-entering the UK. 4. Options for Extension or Change of Visa Status: If your husband's work visa has not been renewed, you can consider several options. These include renewal or extension, switching to another visa category, or applying for Settlement or Indefinite Leave to Remain (ILR). Renewal or Extension: Your husband might explore other ways to extend his visa, such as finding another employer who can sponsor his visa. Switching Visa Categories: Both of you might explore switching to another visa category that fits your circumstances. For example, if you qualify for a work visa independently, you could apply for that. Other options include a student visa, a scale-up worker visa, or a global talent visa, depending on your qualifications and circumstances. Settlement or Indefinite Leave to Remain (ILR): If your husband has been in the UK for a certain period and meets other requirements, he might be eligible for ILR, which would benefit you as his dependent. 5. Consult an Immigration Lawyer: It is highly recommended that you consult with an immigration lawyer or advisor who can provide detailed guidance based on your specific situation. Their expertise can help you navigate the complexities of visa issues and ensure you follow the correct legal procedures, giving you a sense of guidance and support during this challenging time. 6. Employer's Role: Your employer and your husband's employer might also offer support or advice, especially if they are willing to sponsor a visa. This potential support can provide a ray of hope in what may seem like a challenging situation and reassure you that you're not alone in this process. By planning ahead and exploring all possible visa options, you can better manage the situation if your husband's work visa is not renewed, giving you a sense of control and proactivity in this uncertain situation.

@@pathwayuk thanks alot

@@ezigbo04 You are welcome.

Done the video already. Here is a link to it: th-cam.com/video/B89AkOj7NtQ/w-d-xo.html

There are several types of savings accounts and investment options can yield interest and have restrictions on withdrawals, making them suitable for long-term savings. Here are a few options: 1. Fixed-term Savings Accounts: These accounts require you to lock your money for a set period, ranging from a few months to several years. They have higher interest rates than regular savings accounts, and early withdrawals typically incur penalties. 2. Stocks and Shares ISAs are a flexible investment approach that offers higher returns and tax-free growth potential. While they are subject to market risks, their adaptability and potential for long-term investments make them ideal for those seeking to maximise returns. 3. Notice Accounts, a strategic choice for those who plan ahead, require a notice period before you can withdraw your funds. With higher interest rates than instant access accounts, they encourage foresight in managing your finances, instilling a sense of responsibility and proactive financial management. 4. National Savings and Investments (NS&I) is a Government-backed savings option with varying terms. It offers Premium Bonds that Offer tax-free prizes instead of interest, while its Income Bonds provide regular income with relatively easy access. The Interest rate varies based on the product, and some products have penalties for early withdrawals. 5. Fixed-rate Bonds: Offered by banks or building societies, these bonds require you to lock your money for a set term. Interest rates are higher for longer terms, and early withdrawals typically incur penalties. 6. Regular Savings Accounts: These accounts are designed to encourage regular monthly deposits by offering higher interest rates. They are a great way to build a disciplined savings habit. It offers competitive interest rates, usually for a set period (e.g., one year). Limited access to funds during the savings period. 7. Pension Plans (Personal Pensions or SIPPs): Designed for retirement savings with tax benefits. The interest rate depends on the investments chosen within the plan. You cannot access funds until age 55 (57 from 2028), with penalties for early withdrawals. When selecting an account, it's crucial to consider all factors, including the interest rate, account terms, tax implications, and how the withdrawal restrictions align with your financial goals. Each option has advantages and trade-offs, so choosing the one that best meets your needs for disciplined savings and potential growth is essential. This comprehensive consideration will make you feel informed and empowered in your financial decisions.

Absolutely, saving money requires discipline and a strict adherence to the rules.

I'm glad you found the video helpful.

Amen, and you too.

You are most welcome. 😊

You are so welcome. 🤗

You are so welcome. 🤗

Thank you. 🥰

Certainly! Online banking accounts like Monzo and Revolut offer several advantages that make them appealing to many users. Here are some key benefits: 1. Convenience and Accessibility 24/7 Access: You can manage your finances anytime, anywhere, through their mobile apps. Real-time Notifications: Instant transaction notifications help track spending and quickly identify unauthorised transactions. 2. Cost Efficiency Low Fees: These online banks often have lower fees than traditional banks, including no or low fees for account maintenance, international transactions, and ATM withdrawals. Exchange Rates: Better foreign exchange rates for international transactions benefit travellers and those purchasing foreign currencies. 3. User-Friendly Features Budgeting Tools: Built-in budgeting tools and spending analytics help users manage their money better. Saving Features: Options like round-ups (where purchases are rounded up to the nearest dollar and the difference is saved) and savings pots or vaults to set aside money for specific goals. 4. Innovative Services Virtual Cards: The ability to create virtual cards for online purchases adds an extra layer of security. Instant Transfers: Quick and sometimes instant money transfers domestically and internationally. Cryptocurrency Integration: Some online banks offer features to buy, hold, and trade cryptocurrencies. 5. Enhanced Security Fraud Protection: Advanced security measures, such as temporary card locking/unlocking, biometric authentication (fingerprint or facial recognition), and two-factor authentication. Transaction Control: The ability to control where and how your card is used (e.g., blocking online or international transactions). 6. Customer Support In-App Chat: Access to customer support through in-app chat is often more efficient and quicker than traditional call centres. Community and Feedback: Engaged user communities and the ability to provide feedback on features and services directly within the app. 7. Integration with Other Financial Services API Integrations: Connectivity with other financial services and applications, such as accounting software for small businesses, investment platforms, and financial planning tools. Examples Monzo is known for its transparent approach to banking, offering features like instant spending notifications, detailed spending insights, and easy-to-use budgeting tools. Revolut stands out with its multi-currency accounts, cryptocurrency trading, and robust travel features, including travel insurance and no-fee international spending. Conclusion The significance of online accounts like Monzo and Revolut lies in their power to offer a modern, flexible, and cost-effective alternative to traditional banking. They cater to the needs of tech-savvy consumers and frequent travellers, prioritising user experience, transparency, and financial empowerment. This makes managing money more accessible and efficient, putting users in control of their finances and fostering a sense of independence.

@@pathwayuk do they also offer a good interest rate? If yes, to the tone of how many percent?

@@ezigbo04 Interest rates offered by online banks like Monzo and Revolut can vary and are often subject to change based on market conditions and regulatory requirements. It's important to note that these banks are not primarily known for offering the highest interest rates on savings accounts. Instead, their main appeal lies in their low fees, convenience, and innovative features. However, they do offer competitive rates to attract customers. Monzo Savings Pots: Monzo offers savings pots with different interest rates, typically in partnership with other financial institutions. The interest rates on these savings pots can vary. As of my last update, they have ranged from around 0.30% to 1.50% Annual Equivalent Rate (AER), depending on the specific account and terms. Revolut Savings Vaults: Revolut offers savings vaults that provide interest. The rates have varied but generally range from around 0.30% to 1.30% AER. The specific rate can depend on the user's location, the type of account (Standard, Premium, or Metal), and the terms agreed upon. Comparison with Traditional Banks Traditional banks often offer a more comprehensive range of interest rates, sometimes higher for long-term savings accounts or fixed deposits. However, online banks focus more on ease of use, low fees, and additional financial tools rather than solely on high interest rates. Current Rates To ensure you have the most accurate and up-to-date information, it's crucial to check directly with Monzo and Revolut. Interest rates can change frequently due to market conditions and regulatory changes, so this step is essential for making informed decisions about your savings. In summary, while Monzo and Revolut may offer competitive interest rates, their primary strengths lie in their innovative features, low fees, and user-friendly interfaces rather than providing the highest interest rates.

@@pathwayuk thanks

@@ezigbo04 my pleasure 😇

Good to know.

When discussing "taking a credit card and staying on it," it typically refers to consistently using a credit card for purchases and maintaining it as an active account. Here are the details: Staying on a Credit Card 1. Regular Use: Regularly using the credit card for everyday purchases or specific expenses. 2. Paying on Time: Make at least the minimum payment by the due date each month to avoid late fees and interest rate hikes. 3. Managing Credit Utilization: Keeping your credit utilisation ratio (the amount of credit you use compared to your credit limit) low, ideally below 30%. 4. Monitoring Statements: Regularly check your credit card statements for accuracy and any unauthorised transactions. 5. Building Credit History: Using the card responsibly to build or maintain a good credit score over time. Repaying Credit Card Debt When a credit card is used (or "funded"), you owe the credit card issuer the amount spent plus any applicable interest if you carry a balance. Here's how you repay it: 1. Monthly Statements: Your credit card issuer will send you a monthly statement detailing your purchases, total balance, minimum payment due, and due date. 2. Minimum Payment: You must at least pay the minimum amount specified by the due date to avoid penalties and interest rate increases. 3. Full Payment: You can pay off the entire balance by the due date to avoid paying interest. 4. Online Payments: Most issuers offer online payment options where you can link your bank account to make payments directly. 5. Automatic Payments: Setting up automatic payments ensures you never miss a due date, paying the minimum or the full balance automatically. 6. Interest Charges: If you don’t pay the full balance, interest will be charged on the remaining balance. The interest rate (APR) varies by card and can be pretty high. Example of Repayment Process 1. Monthly Usage: Suppose you spend £500 on your credit card in a month. 2. Monthly Statement: At the end of the billing cycle, you receive a statement showing a balance of £500. 3. Minimum Payment: The statement specifies a minimum payment of £25 due by a certain date. 4. Payment Options: Pay in Full: Pay the entire £500 by the due date to avoid interest. Pay Minimum: Pay at least £25 by the due date. The remaining £475 will carry over to the next month with interest. Partial Payment: Pay any amount between £25 and £500. Interest will be charged on the unpaid balance. Example: Credit Card Statement: £500 spent. Minimum Payment Due: £25. Payment Made: £25 (minimum) or £500 (full). By managing these payments effectively, you can maintain a healthy credit history and avoid falling into debt.

@@pathwayuk thanks alot for being so detailed

@@ezigbo04 My pleasure.

It's crucial to note that when you register on the electoral roll in the UK, your bank accounts are not automatically updated with this information. This update is essential as it affects your financial transactions and credit score. The electoral roll information is shared with credit reference agencies, but it's the individual banks' responsibility to incorporate this data into their systems. Here's a summary of the process: 1. Electoral Roll Registration: When you register to vote, your details are updated in the electoral roll. This can take a few weeks to process and be reflected in the system. 2. Credit Reference Agencies: Once updated on the electoral roll, this information is shared with credit reference agencies like Experian, Equifax, and TransUnion. This can also take some time. 3. Banks and Financial Institutions: Banks like Lloyds and Halifax rely on credit reference agencies to verify your information. They periodically update their records based on information from these agencies. 4. Disputes and Updates: If your bank does not have the updated electoral roll information, it's essential to raise a dispute. As you've experienced, providing evidence can significantly speed up the process, showing the impact of your actions. Regarding your specific situation: Since Halifax needed evidence to update your electoral roll status, this suggests they had yet to automatically pull the latest information from the credit reference agencies. Lloyds may have automatically updated your information after the electoral roll details were updated with the credit reference agencies. Alternatively, they might have recognised the update due to their linkage with Halifax. However, this is not guaranteed and may vary by institution and the details of their data-sharing agreements. In conclusion, while Lloyds and Halifax are part of the same banking group, they operate separate systems for managing customer information. As the customer, this means you have control over updating your details. If you encounter any further discrepancies, please follow up directly with the banks to ensure all your details are current.

Yes, he did. There are several visa sponsorship jobs on Indeed. Below is a link to the video detailing how he got his job. th-cam.com/video/B89AkOj7NtQ/w-d-xo.htmlsi=QxJhru-WUJmzAx_v

Thanks.

When it comes to using a Lifetime ISA (LISA) in the UK to purchase a house, there are a couple of points to consider regarding your questions. Continuing Funding of the LISA After the Purchase If you've used a Lifetime ISA for your first house purchase, you can still save in your LISA after using it for your home purchase. You can contribute up to the annual limit (£4,000 as of the current rules), and you'll continue to receive the 25% government contribution bonus until you're 50. The funds in the LISA can then be used for retirement, with withdrawals allowed from age 60 without penalty. A penalty will apply if you withdraw for reasons other than buying your first home or retirement. Renting Out the Property: Yes, you can rent out the property you purchased using your LISA savings, even if you move out of the UK. No specific restrictions from the LISA rules prevent you from doing this. However, you must comply with UK tax laws regarding rental income, and there may be additional tax considerations if you become a non-resident landlord. You would also have to inform the lender, as you might have to switch your mortgage type from a residential to a buy-to-let mortgage. Selling the Property: You are also free to sell the property anytime, even if you move out of the UK. The proceeds from the sale would not need to be returned to the LISA or incur any penalties related to the LISA itself. However, you must consider any capital gains tax implications and other legal requirements for selling property as a non-resident.

@@pathwayuk thanks alot

@@ezigbo04 My pleasure.

Glad you think so!

My pleasure.

In the UK, the Pass Plus is a post-test training course designed to help newly qualified drivers improve their driving skills and confidence. This scheme aims to make new drivers safer by teaching them how to deal with a broader range of driving experiences than the standard driving test covers. The Pass Plus course includes six modules: 1. Driving in town 2. Driving in all weathers 3. Driving on rural roads 4. Driving at night 5. Driving on dual carriageways 6. Driving on motorways Each module enhances practical driving skills and knowledge, helping new drivers become more confident and competent behind the wheel. Completing the Pass Plus course can also lead to lower insurance premiums with certain insurers, as it demonstrates a commitment to becoming a safer driver.

@@pathwayuk thanks a million

@@josephfelix-mp8qbYou are welcome.

Incorporating your artwork into your portfolio can be a great idea, mainly if it showcases your creative skills, attention to detail, and artistic sensibilities. Here are some steps you can follow to add your artwork to your portfolio effectively: 1. Select Your Best Work - Choose pieces that best represent your style and skills. - Include a variety of mediums and subjects to show your versatility. 2. High-Quality Images - Ensure that the photographs or scans of your artwork are of high quality. - Good lighting and a clean background can make a significant difference. 3. Organisation - Organise your portfolio in a way that makes sense. You could group artwork by theme, medium, or chronological order. - Consider including a table of contents if your portfolio is extensive. 4. Descriptions and Context - Include brief descriptions or titles for each artwork. - Add context where necessary, such as the inspiration behind the piece, the medium used, or any relevant techniques. 5. Consistency - Maintain a consistent format throughout your portfolio to ensure it looks professional. - Use the same size and type of font for titles and descriptions. 6. Digital and Physical Copies - Have both digital and physical versions of your portfolio. - Digital portfolios can be shared easily via email or on websites, while physical copies can be impressive during in-person meetings. 7. Personal Touch - Include a personal statement or artist bio to give viewers insight into your background and artistic journey. - Share your goals and what you aim to achieve through your art. 8. Professional Presentation - Use high-quality materials for your physical portfolio, such as a sturdy binder or portfolio case. - Consider creating a clean, easy-to-navigate website or PDF for digital portfolios. By incorporating your artwork into your portfolio, you diversify your work and provide a more comprehensive view of your creative capabilities. This can be particularly useful if you are seeking opportunities in fields that value artistic talent and creativity.

It is because my primary inspiration for my video is to share my thoughts and experiences when I achieve milestones in the UK to help others.

You are so welcome.

Thanks, and you too.

Not all Biometric Residence Permits (BRPs) display a National Insurance (NI) number on the back. Whether the NI number is printed depends on factors such as the permit's issuance date and your visa status.

There is no need to apologise. The driving license shown in the video 3:26 isn't mine; it's just a stock picture of a fake UK driving license I got from the internet to show my audience what a UK driving license looks like.

I am glad to hear this.

St. Modwen Homes

@@pathwayuk thank you x

Thanks.

please do you mind sharing how much you bought the car?

Thanks sis.

We use money supermarket to find lenders with competitive interest rates. Here is a link to the website: www.moneysupermarket.com Also, remember that your credit score, previous debt, and earnings are massive factors in the interest rate you will pay.

@@pathwayuk thank you so much for the detailed response.

£75.48 monthly.

@@pathwayuk lovely and congratulations

@@josephfelix-mp8qbThanks.

Thank you. Amen, and you too.

Thank you.

You are welcome, and Amen.

Ikr. I'm excited to be back with a bunch of new and amazing videos. Your continuous support for the channel means a lot to me. Thank you! 🫶🏾

St Modwen Homes

Thank you.

St. Modwen Homes and our house type is called the Garnet.

Thank you.