labalingo
1.5K posts


@grok @FinestDoveTruth @grok,
1) in what circumstances does inheritance tax not apply when transferring assets?
2) break down what you mean by "Home equity fully exposed in long-term care means tests (council may use it above £23,250 threshold)"?
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As a financial advisor (educational purposes only):
**Pros of paying off your 25-year UK mortgage early/on schedule vs minimum full-term payments:**
- Save thousands in total interest.
- Debt-free sooner with peace of mind and freed-up future cash flow.
- Lower risk if rates rise or your situation changes.
**Cons:**
- Opportunity cost: money tied in house could grow more in investments/pensions if returns beat your rate.
- Less liquidity for emergencies.
- Higher net estate for inheritance tax (mortgage debt reduces taxable value).
- Home equity fully exposed in long-term care means tests (council may use it above £23,250 threshold).
Depends on your mortgage rate, savings/investments, and personal plans. Not advice—consult a UK qualified financial adviser.
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My British 🇬🇧 colleagues at work laugh at me each time I say I want to buy a house and pay off on time..
They ask me if I intend to live here when I’m old and I said to them that it’s a possibility.
They told me that “what is the point of working so hard to pay off a house that the government can repossess if at some point I need to use the care home?”
They said “what is the point of paying off a house that I cannot transfer to my kids without them paying inheritance tax”
They encouraged me to “get a mortgage and choose the longest repayment plan, pay as little as a I can per month, enjoy the house as much as I want, but never think of paying it off”
If this is how an average UK 🇬🇧 citizen thinks, then I believe they know what we don’t know.
What is your opinion about this???
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@instablog9ja After dem nationalize am, it will become another failed asset.
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@dammiedammie35 Question remains why he cant fill those vacancies? We dont need any personal opinions from people who merely want to chase clout or tell us they are smart. If you are smart, apply for the jobs. He just announced the vacancies. All this noise about the salaries na trash 🫤
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“Moniepoint CEO saying he has 500 vacant post in his company but he cannot employ Nigerians because Nigerians are not smart is very d!srespectful. How much is the salary ? Let’s assume it’s 500k monthly, some people can fool on tiktok from morning till night and get more than 500k daily. How much is rent ? if Nigeria gets better, alot of people would leave f00ling and dust their certificates, I have my certificate here, i studied engineering, if Nigeria gets better, I’ll dust it and move into the cooperate world”
Phyna fumes at Moniepoint CEO, Tosin Eniolorunda.
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@pedroduval51 @Prestigious_Gt How do you know people are not focused on the topic and not the actors themselves? Isn't that the whole idea of it all - to create a discussion?
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@Prestigious_Gt People here are just saying trash about the couple without knowing that they are creating content. Naija people very judgemental
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“The first time I met Davido was at a restaurant, he only gave me food and b@d advice, the second time we met was at a club he only gave me drinks but refused to give me a verse. Olamide didn’t give me food, but gave me my future” - Singer Portable
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Bros don finally pack of the house for her
Man needs his own peace !!✌️
Lord Vinci MUFC@LordVinci21
Nigerian lady in abroad, Maltreating her husband for sending money to his mother in Nigeria
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@TaraBull Mark my words, your next rap superstar is in this video somewhere. These are the people they call "real ones". What you are witnessing is the qualification stage. The next stage is doing a music video from a prison cell. The record label A&Rs are watching keenly.
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@fowofola @fabulousdeen @Prestigious_Gt Did you even understand my post? Who mentioned going to jail for not paying mortgage? You see am say you no smart reach as you think?
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@labalingo @fabulousdeen @Prestigious_Gt Over sabi wan kill you, you can't go to jail for not paying your mortgage.. They will repossess the house and take it back that's all.🤷🏾♂️😏
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@_MumJeans @Prestigious_Gt See those inferiority complex people dem.
Dem get nothing to add but will first throw abusive language thinking you were going to do same to them. He fancies himself to be really advanced but comes across as a child angry at an opposing point of view.
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@labalingo @Prestigious_Gt Some of una just calm down mumu 🤦🏾♀️
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@tomisin_ms @Prestigious_Gt When your experience small its better to ask or watch and learn. All these teenagers wey papa buy phone for. Una go jump into conversation wey pass una.
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@labalingo @Prestigious_Gt You people say a lot of nonsense, if dem ask you now you will say it happened to your Friend’s cousin brother uncle
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@CaptEnai @Prestigious_Gt Or maybe na you wey dey judge matter wey you never experience or see before.
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@labalingo @Prestigious_Gt Lol. Na too much social media dey do una
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@CaptEnai @Prestigious_Gt I see.
Na so the people wey e happen to talk too.
Try woman for UK, you go soji.
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@labalingo @Prestigious_Gt That's not how it works. Stop the exaggeration
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@labalingo @Prestigious_Gt Illl rather go to jail than pay mortgage for a house I'm sent out from
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