Relocation, Relocation is back -who feels sick ?

Kenny4315

Surely new graduates even in London will start on around £30k to £35k, 6 years is nothing, I'm a qualified accountant, it takes 3 years post graduate to qualify even if you pass first time, and aer good enough to take on the relevant work to get your experience up-to-date.

Are you saying that these guys are on £70k each. With only 6 years experience, some of which will be in 'training mode'. If this is the case it is little wonder the country is in such a mess, neither of them strike me as being 'high flyers'.

I just think that they couldn't afford it, and alot of the program was for show and a free holiday.

Thrugelmir

Another couple who believed that property would only rise upwards on value.

The cold detachment they had towards the house they fell in love during the programme and was outside their budget. Yet had become available at a far lower price by the end. Suggested that they had been hit by the lack of mortgage availability in October.

lostinrates

Kenny4315 wrote: »

Surely new graduates even in London will start on around £30k to £35k, 6 years is nothing, I'm a qualified accountant, it takes 3 years post graduate to qualify even if you pass first time, and aer good enough to take on the relevant work to get your experience up-to-date.

Are you saying that these guys are on £70k each. With only 6 years experience, some of which will be in 'training mode'. If this is the case it is little wonder the country is in such a mess, neither of them strike me as being 'high flyers'.

I just think that they couldn't afford it, and alot of the program was for show and a free holiday.

DH is on a graduate training wage (though not a new grad is is not yet qualified- career change) and is on more, albeit a little more, post qual he can expect to earn more than double that in his first year in this climate. 6/7 years in a commensurate role in the City in the boom for somone good at their work (and as LillyJ points out, these pople often have little 'common sense') it would be not considered 'out of th ordinary' to have accrued this. That said, their are many, many lower paid jobs for grads in the City too.

BettiePage

Their lodger must have the patience of a saint, letting them stay in the house she's rented off them.

LillyJ

Kenny4315 wrote: »

Surely new graduates even in London will start on around £30k to £35k, 6 years is nothing, I'm a qualified accountant, it takes 3 years post graduate to qualify even if you pass first time, and aer good enough to take on the relevant work to get your experience up-to-date.

Are you saying that these guys are on £70k each. With only 6 years experience, some of which will be in 'training mode'. If this is the case it is little wonder the country is in such a mess, neither of them strike me as being 'high flyers'.

I just think that they couldn't afford it, and alot of the program was for show and a free holiday.

It's not uncommon. Maybe they couldn't afford, it, we'll never know. But I really don't think their age is a barrier to those sort of earnings.

People from my school year who did 3 year degrees left uni 4 years ago, and I have friends earning that sort of money. Two in particular, one is an actuary, the other in IT recruitment. The one in IT recruitment would easily be able to afford that house on his own. His girlfriend is a corporate lawyer so I hate to think what their joint income would be.
There are various people (mostly with investment banking type jobs) who would hope to be earning that amount in a couple of years time.

With companies like Delloite and KPMG, if you are qualified 3 years after uni (say, age 24), you then have another 3 years or so to climb the ladder, you would be on a fairly good wage, would you not? My sister who works for Delloite said there is one guy (admittedly he was not the norm) who made partner at 32 or something. 70K would be peanuts for people like that!

Mr_Matey

Maybe they had no intention of buying in Sicily, and wanted the BBC to pay for a holiday.

neverdespairgirl

davilown wrote: »

It was C**p as normal but we all still watch it!

Speak for yourself, I just "enjoy" it second-hand on here (-:

GracieP

Thrugelmir wrote: »

Another couple who believed that property would only rise upwards on value.

The cold detachment they had towards the house they fell in love during the programme and was outside their budget. Yet had become available at a far lower price by the end. Suggested that they had been hit by the lack of mortgage availability in October.

That's very likely, but it's also possible that they had realised that prices were falling and that even the lower price for the house they liked was too high. They may have decided to wait for further falls, but this reasoning may have been edited out of the programme.

Lotus-eater

Am I the only one to realise that this program is edited to make the couple looking for a house look like complete idiots?
Kirstys continual putting down of them for not buying and not agreeing with her. "This is a great investment" , "Phil and I are under ALOT of pressure here" , "I'm going mad with this pair", complete with waving arms in the air and being very very annoyed.

I wonder if they treat their private clients the same when they try and find them properties. I doubt it somehow.

GracieP

Lotus-eater wrote: »

Am I the only one to realise that this program is edited to make the couple looking for a house look like complete idiots?

Is that not what I just (kind of) said? Pffffttt!