New me New start, Pania's positive Progress!

pania

running away from OH??? ahhhh! a life of heaven!!!

No i guess you're right. (can i just pay £20 off it though so it is below the £1000 mark? pleeeeeeease!!!) quidco money duly heading motherwards... debt remaining constant for now.

hypno06

Ok, I will allow you to pay £20 off the debt......but save the rest of it!

pania

thanks!!!!!

peb

I'm with Hypno on this. ATM a contingency fund is more important than overpaying; think about it - if you did not have that contingency fund you would not now be in a position to contemplate a new career.

I don't know what is usual in the industry; tbh I always assumed that you got commission on completion as that was when the case was "final". Keep your head down until you can move on and just keep reminding yourself that this is not forever.

pania

hiya peb! most companies pay advisors on exchange as that is when the deal is sealed. working in new build a client can sometimes exchange 4 or 5 months before they move into their homes ie the case "completes". whereas exchange is usually within 28 days of reservation therefore we get paid within a reasonable time scale.
I think it's just the fact that none of these changes have been communicated to us in anything other than a throw away manner. nothing was communicated in the letter received and there are a lot of things that are happening without consultation.

hope that you are doing ok. xx

redsquirrel80

Morning P, you sound a bit more positive today Definitely a good idea to have a contingency fund in current situation - both work and other things!

Thanks for PM, will reply in a bit when I get some peace & quiet at work!

peb

If it's usual in the industry then it's not fair taking it off you! And as you say not communicating it to you is horrendous. I have a couple of new builds that are over a year so I sympathise.

pania

a year!!!! eep!!!! chances are we'd have left by now if that was us!

peb

Some of these are the buy to lets and they are really struggling - exchange with a completion date of 2 years away and then either sub sell or go for a mortgage just before legal completion. Only problem is - the properties have devalued in those 2 years. Heard of Inside Track? Absolute mess.

I'll stick to the ordinary man/woman in the street!

peb

Hang on - am I correct in thinking you should not be logged on now?