👉Need our Job Assisstance service ? Fill this form forms.gle/jebCPLt881HpA4FR7 or Email us on Yourknowledgebuddy@gmail.com 👉If you want to study abroad , my team can help. Just fill this form & we will be in touch :www.yourknowledgebuddyabroad.com/sign-up 👉Book my time for a 1-2-1 consultation : topmate.io/knowledge_buddy 👉Instagram: instagram.com/yourknowledgebuddy/ 👉For any UK legal query : email Ykb@mak25.co.uk 👉Book your free call with Amil and team using this link : calendly.com/eleezay-mak25/your-free-consultation
For UK banks, is there any penality for preclosure of the loan account, say by paying a lump sump? In India, most banks, you dont have to pay any penalty for paying your loan before the loan duration.
Thanks for such video Sarika! I got 2 questions. 1. When we bring money from home country for deposit which is 50K that too as loan ( property document from india), will that be deducted from our existing debts while checking affordability? 2. Is there any debt-to-income ratio which we need to aware before affordability? Ex. Total debt ( including debt in home country)should not cross X % from our net salary?
Thanks for the forecast! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
Hi Sarika, If we have a plot abroad & shall I transfer the money once I sell that plot ? If yes, how much we can transfer? Do we need to pay any taxes for that amount? As we had a plot abroad, shall I eligible for First Time Buyer scheme ?
thanks for the knowledge shared, very useful..heard multiple opinions on getting money from India, do you already have info ready on what is the cleanest way to do this please?
Asked Adi and he said .. A Lifetime ISA (LISA) is a savings account designed to help first-time buyers save for a home or for retirement. Here are the key points: 1. Eligibility: You must be aged 18-39 to open a LISA(www.gov.uk/lifetime-isa). 2. Contributions: You can save up to £4,000 each tax year, and the government adds a 25% bonus, up to £1,000 per year(www.gov.uk/lifetime-isa) 3. Usage: You can use the savings to buy your first home (up to £450,000) or withdraw the money after you turn 60(www.gov.uk/lifetime-isa) 4. First Home Purchase: To use the LISA for buying a home, you must have had the account for at least 12 months(www.gov.uk/lifetime-isa). The property must be purchased with a mortgage and cost £450,000 or less(www.gov.uk/lifetime-isa). 5. Withdrawal Penalty: If you withdraw money for any reason other than buying your first home, reaching age 60, or being terminally ill, a 25% charge applies(www.gov.uk/lifetime-isa). I hope this helps.
Hi Sharika Ma’am thank you for this podcast it was so much of resourceful informations. And I would like to ask one question “that is how to bring/ transfer money from your family or even from your Indian savings account”?
hey Sangkarkhuraijam : Ask your family to transfer to your UK bank account (as a Gift) which can be done from any Bank in India. Infact they or even you can transfer from your account using your netbanking. So either they can visit Bank or do international transfer using netbanking. All d best.
👉Need our Job Assisstance service ? Fill this form forms.gle/jebCPLt881HpA4FR7 or Email us on Yourknowledgebuddy@gmail.com
👉If you want to study abroad , my team can help. Just fill this form & we will be in touch :www.yourknowledgebuddyabroad.com/sign-up
👉Book my time for a 1-2-1 consultation :
topmate.io/knowledge_buddy
👉Instagram: instagram.com/yourknowledgebuddy/
👉For any UK legal query : email Ykb@mak25.co.uk
👉Book your free call with Amil and team using this link : calendly.com/eleezay-mak25/your-free-consultation
I so loved the discussion.. so much of thanks and love to both of ya.. look forward to hearing from you soon.. happy new year
Hey glad you liked it . Please share more questions which I can ask him for part 2.
Good video. Very informative. Thank you 🙏
Very informative video i have ever seen, i have so monay questions almost all covered thank you so much Sarika❤😊
Thank u for your comment . If you have more questions please drop here as I am planning to do part 2 as well
Very much informative and to the point, looking out for part2
Glad it was useful . Please let me know what should I cover in part 2 ?
I will collect all questions from the comments section .
Thanks both, it was informative podcast.
Glad you enjoyed it!
Very informative video. Thanks to adi for a detailed conversation. Much appreciate it
Glad you liked it
For UK banks, is there any penality for preclosure of the loan account, say by paying a lump sump? In India, most banks, you dont have to pay any penalty for paying your loan before the loan duration.
Thanks for such video Sarika! I got 2 questions. 1. When we bring money from home country for deposit which is 50K that too as loan ( property document from india), will that be deducted from our existing debts while checking affordability?
2. Is there any debt-to-income ratio which we need to aware before affordability? Ex. Total debt ( including debt in home country)should not cross X % from our net salary?
Thanks Both of you, it is too informatic.
Thanks for the forecast! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
Hi Sarika,
If we have a plot abroad & shall I transfer the money once I sell that plot ? If yes, how much we can transfer? Do we need to pay any taxes for that amount? As we had a plot abroad, shall I eligible for First Time Buyer scheme ?
thanks for the knowledge shared, very useful..heard multiple opinions on getting money from India, do you already have info ready on what is the cleanest way to do this please?
Hi Sarika, do we need to have a credit card for credit score checks? Or regular payments of rent, council tax,utilities will suffice this requirement?
How much money you can transfer as gifts from home country?
We got around £20k . I will check what is the limit & get back to you .
@@YourKnowledgeBuddy
Ok thanks, please let me know the limit
Can you please explain about the LISA account for the skilled worker visa holder.
Are u asking about ISA ?
@YourKnowledgeBuddy No Sarika, LISA which helps for first time home buyers.
Asked Adi and he said ..
A Lifetime ISA (LISA) is a savings account designed to help first-time buyers save for a home or for retirement. Here are the key points:
1. Eligibility: You must be aged 18-39 to open a LISA(www.gov.uk/lifetime-isa).
2. Contributions: You can save up to £4,000 each tax year, and the government adds a 25% bonus, up to £1,000 per year(www.gov.uk/lifetime-isa)
3. Usage: You can use the savings to buy your first home (up to £450,000) or withdraw the money after you turn 60(www.gov.uk/lifetime-isa)
4. First Home Purchase: To use the LISA for buying a home, you must have had the account for at least 12 months(www.gov.uk/lifetime-isa). The property must be purchased with a mortgage and cost £450,000 or less(www.gov.uk/lifetime-isa).
5. Withdrawal Penalty: If you withdraw money for any reason other than buying your first home, reaching age 60, or being terminally ill, a 25% charge applies(www.gov.uk/lifetime-isa).
I hope this helps.
@@YourKnowledgeBuddy That's great information. Thanks Sarika
@yourknowlegebuddy
Thanks for this video
There’s any limit to bring money from home country to UK?
Student visa + psw holder both get mortgage in southwest region
Via which bank ? I didn’t know that banks do that .
@ though students income cannot be used mortgage purchase all we know but Building society some special requirement full fill .
Thank you for your help
Hi Sharika Ma’am thank you for this podcast it was so much of resourceful informations. And I would like to ask one question “that is how to bring/ transfer money from your family or even from your Indian savings account”?
hey Sangkarkhuraijam : Ask your family to transfer to your UK bank account (as a Gift) which can be done from any Bank in India. Infact they or even you can transfer from your account using your netbanking.
So either they can visit Bank or do international transfer using netbanking.
All d best.