Might one suggest that before you slosh out a lot of money you have a JAA initial Class 1 medical?
Might one further be so bold as to suggest that you investigate some form of European or UK based loss of licence or medical insurance?
BALP and its magazine, The Log, could perhaps help you with this.
The rough estimate of £20k is quite probably about right. The employment cycle for experienced pilots in England is booming at the moment. However, standards and requirements have been lowered by airlines in order to cater for today's shortage of pilots. In another year or two the cycle will have swung. All today's first officers will be captains and they will all be far younger than the generation of pilots that they are replacing. This means that if airline expansion slows down, as it will, there will be a glut of captains and thus, of course, a corresponding plethora of first officers. You do not have unlimited time to achieve a first class job.
