Private sector mate..I work at a university..However, it is solely down to government cuts in research and development etc that is causing the problems for many universities..
Quayside>Hoochie Coochie>Casino That's usually my order of recreation in Newcastle. It's a great night out.
Bri, I meant to mention on your buying a house thread, always check what the leasehold/freehold is. I don't know how much you know about this, but it can cost you a lot of money in the long run if you buy into a leasehold property.
Look into mate, it cost us thousands thanks to being young and naive and our solicitor being useless. I think there are only two types, if you are buying a house you want freehold (ideally with hundreds of years on it). Leasehold is normally for upstairs/downstairs flats, check out any other set ups such as communal areas. Do your homework and you will be ok. Text me if you need any more info, I learnt a lot (albeit belatedly) when I got shafted for approx £14k.
I hope for the best for you and your Mrs mate. It's never nice to see cut backs in your line of work, it seems very cyclical though, the shift back to apprentice-type qualifications was predicted a few years ago, it looks inevitable that the gov't will have to push that, looking at how difficult it is for youngsters to get a job nowadays.
I'm sure you've told this story on here before, how did you end up £14k out of pocket, did you buy the freehold rights?
Cheers mate..It is pretty **** at the moment, although I have invested heavily in my private pension and have just about got the mortgage sorted, so if the worst comes to the worst there are a lot of people worse of than us..
Yeh mate my public sector pension was set up in 1976 It's matured and I have my pension The problem is my OAP in January will only be £98 After deductions
Sounds nasty mate, I considered buying ours but it's not worth it, I've 997 years left on our lease so it'll keep for a while yet.
That's it mate, you've put things in place to look after yourself, it's the only way nowadays. I know fine well when I'm at retirement age there'll be no state pension worth having, having said that, I probably won't retire at all my Mrs would probably drive me insane.
I'll sell it in either 2 years or 15 years, depending on the plans to complete a high speed underground to London, there'll be a stop nearby so I'm informed. Either way, I'm moving out in 2 years and buying another, but a new build.
It's all the spending cut backs, councils reluctant to fork out 200,000 for an engine when they can run with what they got for longer. Instead of buying every 3 or 4 years they are keeping them for 6 /7 years or even longer now. Reckon it's only a matter of time before the company goes under to be honest, already looking for work now just incase the inevitable comes earlier.
