737Jockey, with regard to the FPP, I suppose it would be fairer to state that there is no 'necessity' to remortgage the parents (or your own) house to fund the training. The option to remortgage a property is of course there if you can thereby secure a better deal on the finance, but BA have offered to guarantee the loan should you require one and want assistance. Naturally, you'd be at an advantage if you were quite wealthy, could pay the bond without the need for a loan, and would therefore avoid any interest attached to repayments. No idea what ratio of cadets requiring loans have used the BA guarantee vs a property secured loan, though.
On another note, there's also the benefit of the bond repayments being made tax free, rather than having to take it out of wages which had already been taxed.
Is anyone else offering such a system?