I heard that that the bond is the sort where the airline takes out a loan and then repays that loan with deductions from your salary.
If that is correct then you are in effect still paying for your rating aren't you?
It is my interpretation from the contract they offer states that an individual is bonded for the duration of the training. As this training is conducted by CTC and even if you include the 6 months attachment, it means that the bond lasts for no more than 8 months. During the 6 months, one is only on allowances(which are from CTC directly ((probably the airline indirectly)) and so the cynical could say that one is paying back the type rating then, but it would not amount to £25K
As for the bond being transferred post 6 months attachment - well I would be surprised about that.
To answer the question about what happens next..... That is an individual thing between the pilot and company. Most get taken on full time, some however do not.
Sorry Scroggs!