Today's Budget. What you hoping for?

[Horse]

Now you are "very senior" are you not exactly the person that should be solving the issues in the NHS, rather than saying it is not if for purpose?

Why do you think he's not trying to create change from the inside?

To make changes, it probably needs recognition that change would be beneficial.

It would be more concerning if he didn't recognise that need.

[Horse]

Owning a house can be a bit of an illusion for some. They work all their days to 'own' a house,then health fails and the house must be sold to pay for extortionate care costs. I've watched these dreams turn to dust so many times in the last few years.

Indeed. I've watched a couple work hard to build capital to get the house they wanted, where they wanted. Their forever home.

It's not, they have now realised, actually where they want to be.


Personally, we met after expensive (for us both) broken relationships. I was 40 when we married, 42 when Foal was born. We went to the maximum we could to buy this place then, later, put an extension on. Theoretically mortgage until 67 for me. But we paid it off. Renting somewhere similar would have been more expensive (currently £1400-1600) than the mortgage, and we'd have had nothing like as nice a place and no asset at the end.

[Skub]

Owning a house can be a bit of an illusion for some. They work all their days to 'own' a house,then health fails and the house must be sold to pay for extortionate care costs. I've watched these dreams turn to dust so many times in the last few years.

Indeed. I've watched a couple work hard to build capital to get the house they wanted, where they wanted. Their forever home.

It's not, they have now realised, actually where they want to be.


Personally, we met after expensive (for us both) broken relationships. I was 40 when we married, 42 when Foal was born. We went to the maximum we could to buy this place then, later, put an extension on. Theoretically mortgage until 67 for me. But we paid it off. Renting somewhere similar would have been more expensive (currently £1400-1600) than the mortgage, and we'd have had nothing like as nice a place and no asset at the end.

On balance,it's probably worth a shot if you want to try to leave something for your weans to fight over,but when it doesn't go to plan it's a shit sandwich for all involved.

[Mr. Dazzle]

Mrs. D's dad did everything he could to sort his affairs so he could leave as much as possible to her and not pay for care etc.

We then used it to pay a chunk of our mortgage off. Not sure if that's ironic or not

[Skub]

On balance,it's probably worth a shot if you want to try to leave something for your weans to fight over,but when it doesn't go to plan it's a shit sandwich for all involved.

I'd probably work for longer to give my kids a lump sum early on so they don't have to struggle.
My wife is at the opposite end of the spectrum, she wants us to quit asap and enjoy ourselves as much as we can for as long as we can, then the kids can inherit whatever is left.

I think she's right, but as a dad you always feel that sense of duty.

Anyway, we've gone hell for leather to pay everything off, bang money away and get to that point asap.

BIL has told his two kids he's making a solid attempt to spend their inheritance. He loves travel,so he's always off somewhere. He arrived back yesterday bringing the gift of Covid,must be about the 6th time he's picked it up.

[Docca]

Yes, exactly that.

I’m quite transparent when it comes to this type of thing. Always have been, even on the days of VD when I was talking about being a ‘band 6’ and how much I earned. For most of my career, my salary range has been published online. It’s only now that I’m moving in to the ‘very senior’ bit where salaries don’t need to be published.

Now you are "very senior" are you not exactly the person that should be solving the issues in the NHS, rather than saying it is not if for purpose? If not you - who? It is what senior management is meant to do (in the private sector, where you get sacked if you don't)
Isn't blaming the government all the time, like blaming the shareholders ( which ultimately is us)

Sorry, ‘very senior’ is reference to the pay scale. Under the pay framework ( agenda for change) you bed pay bands ranging from 1 ( tbh I’ve never met a band 1) lowest paid , to band 9.

Band 2 to 5 tend to be clerical. Band 5 is newly qualified nurse. Band 9 tends to be Chief Pharmacists/ directors. This banding is set centrally ( government).

Above band 9, you move into a pay bracket called ‘VSM’ or Very Senior Manager: https://www.nhspay.co.uk/NHS-Band-VSM-Pay.php


Although I’m in that bucket, you’ve got scores of unnecessary layers
Above me before we get to national stuff.

I would like to think I’m making a difference, although I no longer work directly with patients

[Docca]

Mortgages into your 70's don't sit well with me though, I fear it will become the norm and future generations will spend their whole lives with that yoke around their necks. Each to their own, but I don't think it's a good trend.

Having a mortgage in your 60s doesn't seem wise to me, but if people want to spend their whole lives working so they can have a bigger house then it's their choice.

I didn't buy a house until 40... Therefore having a mortgage late on is sadly the impact. There's many reasons for why and how this happened, mostly though, stupidity

This is also my experience. Plus, so get on the property ladder nowadays is arguably significantly more difficult

[Noggin]

I'm hoping to get my first mortgage in the next couple of years. Here's hoping that I can find someone to give me a 10-15 year mortgage (probably ten as I guess they won't want to give me a mortgage that goes past retirement age? )

[Horse]

give me a 10-15 year mortgage (probably ten as I guess they won't want to give me a mortgage that goes past retirement age? )

No idea about French rules (and retirement age).

However, in the uk companies can't legally force someone to retire, so - although there is an age at which the state pension starts - there's no such thing as 'retirement age'. My most recent mortgage was due to end when I was 67 (my state pension age is 66).

[Noggin]

give me a 10-15 year mortgage (probably ten as I guess they won't want to give me a mortgage that goes past retirement age? )

No idea about French rules (and retirement age).

However, in the uk companies can't legally force someone to retire, so - although there is an age at which the state pension starts - there's no such thing as 'retirement age'. My most recent mortgage was due to end when I was 67 (my state pension age is 66).

Soon as I get a permanent contract, I'm heading to an advisor to find out what the score is!! Love my apartment but I really would like somewhere with an actual bedroom and room to invite friends round for dinner!! LOL

Bonus is that I'd make a decent amount renting my place for winters and summers, so hopefully I can get the mortgage and clear it before I get too old!!

[Greenman]

Having a mortgage in your 60s doesn't seem wise to me, but if people want to spend their whole lives working so they can have a bigger house then it's their choice.

I didn't buy a house until 40... Therefore having a mortgage late on is sadly the impact. There's many reasons for why and how this happened, mostly though, stupidity

This is also my experience. Plus, so get on the property ladder nowadays is arguably significantly more difficult

Just getting a rental place is hard.

My nephew has a new GF and they want to move out together but even a 1 bed flat here in bristol is £850 upwards a month if you want somewhere half decent.

A two bed mid terrace by me less than 30 mins walk from city centre has just come on the rental market for £1200 per calendar month and it's a complete shit tip!

I managed to get on the property ladder at the age of 25 as me and a mate got a house together for 5 years. The not being able to release equity till your 55 is annoying though, it's touch and go whether i will make it to that age, i need to make a will...

[Docca]

Lulz social media