Thanks very much for the replies

It was very helpful
I am now thinking about it hard. My option 2 is not that great afterall it seems like.
Im thinking of doing the degree course and then do the ATPL. I can always fly in my spare time while doing the degree course, and get an IR Multi etc. like I am doing now with the PPL and A-Levels.
At the end of it all, on a pilot's CV
a JAR 66 license and a degree in AC engineering wudnt look bad at all
Regards,
P16
Thanks mad jock,
Im checking out Leeds now.