Remortgage?

utterbar

I wonder if the OP is in Scotland? There you need to do an accelerated LLB if you are a graduate - link - rather than a CPE/GDL.

milli72

yup utterbar, the course is indeed in Scotland. Whatever your first degree, whatever level, you must complete the full llb. Then the 9 mth prof practice course. Then 2 years traineeship (baby solicitor- but paid). Am gutted that it is otherwise down South. Can't think about it. At £8'700 pa I think it's the most expensive course even in Scotland. My class mate worked out that if we graduate students take a 'duvet day' it costs us around £60 per lecture (i.e) for missing one hour. Gulp.

pokey128

Not about your mortgage but just wanted to say good luck for the course. I'm just finishing my part-time LLB (in scotland- 13 weeks to go!) and its been a very long 5 years. All of my class mates are now saying that they wish they did the 2 year course - it has been really tough juggling kids, full time work, the course and all the hassles that Napier have brought with it!

I keep telling myself it will be worth it in the end!!

Good luck with everything x

neverdespairgirl

milli72 wrote: »

yup utterbar, the course is indeed in Scotland. Whatever your first degree, whatever level, you must complete the full llb. Then the 9 mth prof practice course. Then 2 years traineeship (baby solicitor- but paid).

Sorry - just wanted to check! I'm a barrister in London, and while I did an LLB, colleagues of mine in Chambers did other degrees and a one year conversion course.

The Bar Vocational Course costs a large fortune as well, sadly!

In England, some solicitors pay LPC fees. Perhaps you could look into that if you could get a training contract?

milli72

Thanks Pokey128, will keep trying! Good luck with your next venture.

neverdespairgirl, thanks. Just found out today from a classmate that if you're one of the lucky 2/3's of student with the highest grades the Law Society will give you a grant to cover the fee's for the prof practice course. Better get studying, gulp.

neverdespairgirl

Best of luck - I love my work, hope you will enjoy it too.

milli72

Thanks neverdespairgirl. Will give it my best shot!
milli

milli72

Hi again, have just been talking to Halifax 'cos my fixed rate ends at the end of this month. Am not the greatest at rates wondered if I'm choosing the right product? Am looking at switching to the 5.95% fixed rate for 3 years with £499 fee. My monthly payments will go up by £55. Which is a lot over 3 years, over £1800 extra! Eek. Is there a cheaper product with halifax? Asked the guy but he was saying "This rate is great compared with our svr which you could be paying" which didn't help. I can't move lender as I am a f/t student, no income. Anyone have any ideas before I sign in blood?
Much thanks
milli

beecher

Have a look here

http://www.halifax.co.uk/mortgages/existingcustomer_3yrfixed.asp

and work out if the no fee, 6.64% would work out cheaper, or the £699 5.79%. If you use the Halifax calculator at the bottom of that link, you can get an idea of your monthly payments.

milli72

Thanks Beecher
The 5.79% with 699 fee saves me £300 over the 3yr period. Def cheaper than the other fr and vr mortgages. With borrowing the fee my monthly payments will be £578. :beer:
cheers!