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[COLOR=#000063]Can anyone advise as to the pro's and con's of a type approved microlight?[/COLOR][QUOTE]
Type Approved = factory built. You can instruct on it in due course
Type Accepted = home built version.
If you ultimately want to instruct on the microlight which you intend to buy then with your budget you can only be looking at an older Thruster - though you won't be going to France it it too often I don't think.
Shadows are not brilliant as training aircraft though they are quite easy to land from the back seat the view is pants. Not sure how many students will want to learn in a cramped Shadow or older Thruster when most training establishments these days train or C42's and Eurostars.
£10,000 will get you Type Accepted:
X'Air, Shadow C or D or Streak, Rans and other similar
£10,000 will get you type approved:
Thruster T600N, Shadow C or D
If you just want to fly and have fun on your own then I would suggest you look at a Shadow - some good bargaining will get you a good one and you can still take passengers as occasionally as you want to. If you want to take passengers more often then an X'Air / Thruster / Rans type may be more appropriate - slower and not as sprightly as a Shadow but side by side seating and quite sure footed (so to speak) -
Good luck in your search