How We Got Free £20,000+ | How We Saved To Buy Our House In The Uk Within Two Years

[@Jaay2022]

First here❤🎉 Loving this series

[@ChideraPeters]

As always! Thanks for showing up ♥️♥️♥️

[@Jaay2022]

Sis do you still do paid coaching/1:1 sessions?

[@ChideraPeters]

Yes I do. You mean personal finance sessions? I had a few slots for January which were all taken up. I’m yet to open any slots for February though 😅

[@Jaay2022]

⁠@@ChideraPeters In Academia

[@Askchefoge]

Congratulations again, Chidera. We got a show home which already had some upgrades like flooring, stairs was done, blinds done, garden almost done etc

[@crazysexykooltchebs7057]

How do you buy a show home? Was it advertised? Please i will like to know more if you can tell. Thank you😊

[@ChideraPeters]

Amazing! Love that for you. Congratulations 🥳

[@emakimberly6541]

Congratulations again, this is amazing Chidera, my developer did something similar, we had an upgraded kitchen, garden turf, tap outside, flooring, as well as some other things that came to a total of over £12000 + I got an extra £1500 as a key worker to go towards whatever we wanted ( we chose built in wardrobes) + almost 5% contribution towards our deposit. I think new builds are under appreciated and if anyone is watching this and is considering going for a new build- totally do! We get snags fixed whenever within the first 2 years (ps: every house comes with snags whether old or new)

[@Cynthia-dv6ph]

Hi, please new build developer did you use?

[@emakimberly6541]

Hi, We used Gleeson Homes.

[@Cynthia-dv6ph]

@@emakimberly6541 thanks for sharing. I'm really contemplating between an old and new build. The reviews can be something else.

[@ifeatuigboabuchi]

The developers 5% is the boom indeed. Lucky you indeed

[@ronkekomolafe2019]

Nice video👍…..thanks for sharing. Can you please do a video on how to go about the Monzo High interest savings.

[@Ellasfam1]

Well explained I remember paying £4k. In 2019 in moneybox only to find out we can’t get mortgage because my husband was still studying when I withdrew the money 😢I was sad because as that time I did not know the money must be use in getting a house I think I got £3k plus it was a big loss for me then 😅 is really important to watch videos before making any decisions …

[@ChideraPeters]

Oh that sucks, sorry about that

[@christianasalihu1543]

Great video! Well detailed, thank you!

[@chidinmaeriamah7691]

Pls can do a video on freehold property and lease property which is better

[@minaeregoba4649]

Very helpful, Chidera. Thank you for sharing.

[@IAMTITOMISIN]

Thanks for sharing Chidera 💛

[@fatimohidowuojuade8401]

You are blessed sis, very detailed information

[@ChideraPeters]

Glad you found it helpful

[@nwadikeikechi3415]

Do I need to put in £4,000 every tax year? Or the initial 4k will accrue interest the following year

[@charlesoghoghor1625]

Thank you for the video. But how about someone who is 50. What account can be open to finance a house

[@victoriaayilara7849]

Thanks for sharing Chidera❤️

[@Brown6031]

Wow, 20, 000 Free never heard of this much free towards house let me listen up

[@ochikamemunat6690]

Thanks chidera

[@ednasigi1470]

Very informative video 🫶🏾..thank you for sharing these important tips!

[@ChideraPeters]

You are welcome 🤗

[@biggggieeee5195]

so what are the options of free money for over 40s, apart from LISA account. thanks

[@chinenyennamdi4926]

Hi Chidera, thank you for the breakdown and congratulations on your new house. Can I put more than 4,000 in the lifetime ISA

[@YaaEssentials]

No, maximum 4000 every tax year

[@chidi_iwedike]

Thanks for sharing this Idea

[@Successruthblog]

congrats again chidera, i am so happy for you. What is the name of your developer if you dont mind me asking. like how much should our salary rrange be to get a good mortage. i mean How much should i earn to be able to be able to get a mortage of 300-450k

[@africansister]

Who was your developer if u don't mind sharing. And which bank did u open your lifetime Isa. Thank u

[@Marysspace-g9d]

Nice info. But my worry is , for example if I deposit 4k now before 5 April 2024, and then deposit another 4k say by June. Will I get the 2k add-on? And do I have to keep the act open for 2years or 1year before I can use it to buy a house? I'm just confused because I've got the app but I havnt deposited anything yet.

[@victoriaAdediran]

That’s correct, you will get 2k. Don’t fear it works

[@Marysspace-g9d]

But how long will I keep the entire money before I can use it? 1 year or 2years?

[@RBLX_SlayThatHair]

Which app is this please

[@jimmemo090]

​@gratefulmuah6480 your LISA should be at least a year old to be available to use to buy a property

[@osasereobaye7533]

I was looking forward to this post. I've commented before watching ..lol

[@ChideraPeters]

Hope you enjoyed it!

[@osasereobaye7533]

@@ChideraPeters oh yes, I did as usual.

[@HairjourneywithAriella]

How long does buying in general takes, please?

[@melvinaalaoma7239]

Hi Chidera… The high rate savings account can a non uk resident open the account?

[@pentagonhomes6247]

Do you have to pay 4000 per year to get 1000? Or is it just one year that you need to save on the LISA account?

[@joychizzy6603]

Thanks for sharing chidera

[@ChideraPeters]

You’re welcome

[@Cynthia-dv6ph]

Thank you, Chidera. What developer did you use please?

[@ChideraPeters]

Barrats Homes

[@empoweringmindsforgreatness]

This vid is informative. Well done Chidera and congratulations on your new home. I am the next.😁

[@ChideraPeters]

Amen to that!

[@kimberlyosse]

Your a blessing thank you

[@RUYINAETENGsMEDICDIARY]

Thanks for sharing

[@ChideraPeters]

You’re welcome ♥️

[@MayowaOyedara]

@Chimera peter, please what's the line to open an ISA account....

[@TsepoL-r4j]

Great tips! Thank you

[@ChideraPeters]

You are so welcome!

[@oladayoalexabiodun5220]

Congrats Chidera, you have given me the boldness to give this LISA account a go… i have opened a moneybox account for almost 1 year now, but could only pay in 10£ 😂…. Can I ask how long it took for money box to credit the solicitor?… I am concerned they might be very slow with payment and it could lead to loosing your mortgage deal as a result.

[@ChideraPeters]

Oh they aren’t slow. It took about a day or so

[@chiagoziembera8642]

Can a student open moneybox ISA account?

[@jamesobodoeke741]

Hi, please what credit card did you use ?

[@uncensoredjessica]

Hi Chidera, thanks for this very informative video . Please: Is this 2k you got from the bank, part of public funds? Is this ISA also applicable to students or their dependents? What if the individual is above 40 years after graduation, is the person still eligible to apply?

[@ChideraPeters]

Hi 👋🏾 the 2K I.e. 1K yearly isn’t considered public funds 2. Yes it’s applicable to students and dependents. But I wouldn’t suggest a student to open one yet until your stay is a bit more certain with a work visa 3. No, once you’re above 40, you cannot open a lifetime ISA

[@mtlanre3820]

Hi Chidera, thank you for this video! Please would you mind sharing the name of your developer?

[@ChideraPeters]

Sure, it’s Barrats Homes

[@adeyeyeyinkagbonjubola5291]

Can someone above 40 safe for house on moneybox?

[@chidinmaeriamah7691]

Pls what is the name of ur developer

[@sanny7476]

Great video ❤

[@ifeatuigboabuchi]

Thanks Chidera. Can you share how to see the developers site/

[@ChideraPeters]

I already mentioned this in our video on how we bought our first house. kzbin.info/www/bejne/pH7LaJiVm5VofbMsi=ZlzVVmGvh6yqjQJK But a good website is newhomesforsale.co.uk

[@Assumpta-e6d]

Hi Chidera, your glow is really glowing 😊. My question is on the LISA, you mentioned that it is only open to those under 40, In a situation where someone opens the account when he/she is 39, does it mean that once the person clocks 40, he can’t renew it for another tax year?

[@agirlikme]

No you'll be able to keep depositing money in it

[@ChideraPeters]

As long as you open before 40, you’ll be able to continue paying into it yearly

[@uchennaikediashi4059]

What if you are above fourty years but a first buyer can you attempt opening an ISA account.

[@NurseRhoda-RN]

Hi Childera, can the 4k I put this year serves for the next tax year?

[@benedictsalako9754]

Your colour today is bright..

[@ChideraPeters]

lol it’s the light I used 😭😂

[@andersonallagoa298]

Congratulations chi.please I am above 40 and my wife is in her 30’s.If she has an ISA account and we want to buy a house together can her ISA account be used to buy the house jointly

[@ChideraPeters]

Hi 👋🏾 yes her ISA can be used. As long as she’s a first time house buyer.

[@andersonallagoa298]

@@ChideraPeters thanks

[@Chinasa_d12]

Thanks Chidera for this well detailed info. Please I want to know the maximum amount to save in the ISA account

[@Soniaogbeide]

It’s 4k a year and you get 1k in April.

[@Soniaogbeide]

You get 1k for every 4k you save in a year.

[@dosesofdeola3829]

If they plan is to buy in 4 years is it still wise to use money box?

[@hopeezurike8587]

Please is the ISA bonus a public fund?

[@agirlikme]

No

[@ChideraPeters]

No it isn’t public funds

[@desoz4043]

On gov dot UK, there is a list of what public funds comprises of, LISA is not public funds, benefits are

[@ijaylovesluxury]

Thank you for sharing Chidera. For the money box, do you have to put in £4k by the end of each finanacial year to get tge £1k or doee it have to be any mount to get the £1k?

[@saint1210]

@ijalovesluxury 25% on any amount up to a maximum of 4k. E.g 1k = £250, 2k = £500

[@ChideraPeters]

Hi 👋🏾 it’s 25% bonus on any amount. So if you have just £500 in it, you’ll get 25% which will be £125

[@oolowe24]

God bless you Chidera

[@ADEMOLAOLUMAKINDE]

Nice

[@toyinkazeem5284]

So what options do 40 and above have please?

[@RBLX_SlayThatHair]

I wonder ooo

[@Omatvy]

Can’t it be for a second home?

[@kimberlyosse]

Hello friend ❤

[@amusaedikan7309]

Hi Chidera,thanks for the insight, i work around Houghton regis, and will really like to get a property like yours, can you give me your mortgage advisors contact?❤

[@Value357]

nice video, are you a nurse Chidera

[@ChideraPeters]

No I’m not 😅

[@tosinariyo4837]

Thank you for the information. You didn't mention that the ISA you used is age limited. I tried this but 40yrs and above cannot do it.

[@lydiaokaforbucci8373]

For the lifetime ISA, can one exceed £4000 ?

[@ruthmchuwen]

No

[@olatundehannah4884]

The LISA can also be used to save towards retirement

[@ChideraPeters]

Yes I mentioned that in the video. You can leave it towards pension

[@ijeoj]

Very helpful as always!

[@Brown6031]

Love you hair

[@ChideraPeters]

Thank you!

[@chinasaabasilim]

Wow...congratulations... This developers 5% addition to your initial deposit, is it a loan you have to pay back or its free???

[@ChideraPeters]

It’s 100% FREE, not a loan. We don’t have to pay it back

[@Djogentertainment]

No. You don’t. We got 5%, £10k cash discount and kitchen upgrade. Every developer have a different deal, you have to dig to get more from them.

[@chinasaabasilim]

@@Djogentertainment that's nice....thanks a lot... il keep this in mind

[@joselynekahungu2853]

Hey chedera,congs on your new Home and thanks for the info.just to ask about ISA account,if one open the account when 39 years,does he benefit from it even at 40 years? Thanks.

[@oluwaseyiyussuf2194]

Hey Chidera, love the content.. I just wanted to ask. What if I have more than £4,000.. can I put it there or it must just be £4000.. Regards

[@saint1210]

4k max per tax year

[@ChideraPeters]

You can’t put more than 4K per year. That’s how the account works. The Govt set a maximum of 4K for that account. If you have more than that then put the rest in a High Interest Savings Account. There are many out there

[@adarighofuaelizabeth7015]

​@ChideraPeters Hi, pls can you give an example of high interest savings account. Thank you

[@kcasunxion]

How did you enrolled to electoral when your not permanent or ILR yet?

[@ChideraPeters]

You don’t need ILR to register to vote. Just call or let your council know you want to register to vote. You only need to reside in the U.K. to be eligible to vote

[@mauversmultibiz6711]

As a commonwealth country,you're eligible to vote if resident in the uk

[@chiokaforx]

❤❤

[@rukyakpowaye967]

Does this mean that if I put in £4000 this year, I can put in another £4000 next year?

[@ChideraPeters]

Yes you can. As long as it’s another tax year. The tax year resets every April

[@samuelnwaobi5125]

Please wat if I don't have up to 4000 for the following year after putting in the the first 4000

[@adeolaogunleye7965]

Saving with Monzo is risky.

[@Askchefoge]

Really, pls explain more if you don't mind

[@hemhemoh]

Please explain

[@desoz4043]

Don't spread what you don't know, Monzo is protected by FCFS hence all deposit is protected

[@adeolaogunleye7965]

@@desoz4043 Monzo has been closing people’s accounts of late. I know about FCFS 80k+ protection. That doesn’t stop Monzo from closing your account if they think your account is involved in illegal transactions.

[@deanwhittle1301]

I just opened one with moneybox Lisa wish I new about this few years ago I am 32 years old now wish I did it when I was 29/30

[@okeyoyinbbee]

Thanks for sharing

[@Rsignatures]

Thanks for sharing

[@uchennaikediashi4059]

Thank you for sharing