veetwo,
I'm sorry but if FlayinSpanner comes onto pprune asking for advice without expecting any ppruners offering opinions that he may not want to hear, then he shows a great deal of naivety as doing so is not only human nature but practically an unwritten pprune tradition.
Perhaps he should have qualified his posting, something along the lines of "I am trying to find out as much info as possible so I can ask them for support without risking heart attacks, but do not want any replies from those who think the huge gamble my
parents would be taking with
their home be expounded. Furthermore, I actively encourage replies from those with a live for today not tomorrow attitude, after all it's what I want to hear".
However, such is the camaraderie within this site, I believe ppruners would still do their best to offer a resisting force to balance the strong attraction that the piloting world has on wannabees.
Just because both he and his parents want to offer the house as a guarantee doesn't mean they should. There are thousands of broken parents out there whose love for their children and feeling of responsibility for their needs has cost them everything.....their home, their marriage, their health and their money.
As long as FlayinSpanner and his parents have thoroughly and exhaustively researched the market and are completely aware of the magnitude of the gamble they would be undertaking, and that he is happy within himself that his need to experience the life of an airline pilot whilst still young outweighs the wellbeing of his parents and the security of their home, then whilst I still wouldn't think it the best course of action, I would agree it is up to them to decide.....and hope neither of them live to regret it.
VC10 Rib22