Originally Posted by ec_2017
(Post 9900670)
From what I remember, it was about 10, but it wasn't a case of that was your limit. There was more on a desk, as well as more pens; if anyone wanted any. Hope it goes well!
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Originally Posted by Ryder35742
(Post 9901249)
I attended on Sep 5th and got the news via email last night.
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Originally Posted by Ryder35742
(Post 9901249)
I attended on Sep 5th and got the news via email last night.
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Originally Posted by wils180
(Post 9901397)
great stuff really well done! quick q, are the courses self-enrolled i.e. you choose a date within 12 months for example, or do they give you a specific start date to work towards?
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Hi got my stage 2 on the 26th October at oxford aviation academy anyone else booked on that day? I have subscribed to the Pilot aptitude test on Latest pilot jobs.com is this the one people have used previously?
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I've just passed stage one of the easyJet MPL which I'm so happy about and now L3 are asking me to book an event (for the assessment day) yet there are none currently available. How long do you think I'll be waiting for the more dates?
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Drop them a call/email they're normally pretty good helping with dates I had the same issue, good luck for the next round.
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Easyjet not guaranteeing loans.
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Loan Guarantee
How did you find this out? Confirmed by a primary source (i.e. L3 or easyJet)?
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Originally Posted by Ryder35742
(Post 9903476)
Easyjet not guaranteeing loans.
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When called by L3 to arrange dates etc was told that no one in my batch received it.
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I had my second assessment on the 7th of September and I've also been offered the route 1 MPL. Haven't had a call from L3 yet but I shall be asking about the underwriting. Guessing the "batch" you mention refers to offers made this month...though I'm sure it doesn't mean they have ceased to underwrite loans, it's probably more just that nobody was seen as "exceptional". Who knows what their criteria are!
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Indeed, I believe people are grouped in 2 month blocks. Nobody in that block was deemed "exceptional". I asked about previous batches and also about criteria but couldn't get anywhere. Hopefully you can get more information than I could.
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I see. Keep us updated guys! I feel convinced they're not underwriting any loans at all.
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So I just had the call from L3. As I understand they get a list of names periodically outlining the route offer from the airline. On this list are details of any offer of loan underwriting to potential cadets. No offer of underwriting this time. Beyond that there is nothing further that can be done on our part to "persuade" anyone to underwrite the loan it seems. They seem to be holding their cards extremely close to their chest on this one.
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As the offers are being made to people who did the stage at the beginning of september...for those who did it beginning of august (like me) and haven't heard anything yet the future looks pretty dark
Anyone who did stage 2 prior to mid-august has had good news the last few days? Cheers |
regurding underwriting or rout selected?
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I wouldn't say that, I heard that some folks who had their second assessment early August heard in both late August and last week. Is it not true that if you passed the second day they will offer you one of the routes?
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Originally Posted by Huggies_23
(Post 9904684)
I wouldn't say that, I heard that some folks who had their second assessment early August heard in both late August and last week. Is it not true that if you passed the second day they will offer you one of the routes?
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Originally Posted by tryu32
(Post 9904679)
regurding underwriting or rout selected?
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There's a lot of talk about underwriting loans, but even if offered I'd be cautious.
BBVA were the only lender to offer a product with a 24 month payment holiday, and nobody has mentioned this of other lenders. Once BBVA withdraw their product that leaves people sourcing loans from elsewhere - and it's entirely possible there will be no payment holidays. You could only then assume that this underwriting would be on a loan in which you would start making payments immediately (while you are studying with L3) Lenders are unlikely to offer a payment holiday of longer than 12 months and more unlikely to do so at the start of the loan. High street lenders will be looking for your first payment a month after they release that money. I just hope everyone here in their early 20s are aware with the financing of it all and how banks lend money. |
Personally, being 28 and my parents being close to retirement the last thing I wish to do is ask them for assistance in this (by way of securing any borrowing against their property / otherwise).
Obviously the cadet still takes on the debt and is responsible for the repayments (unless declared bankrupt etc.). Absolutely BBVA are unique in their repayment schedule, the perks of a product created specifically for flight training. I think anyone going into this process, nevermind accepting a training position, is entirely aware of the financial burden that will undoubtedly make the first few years post-qual hard work. At least I hope this is the case.... I do wonder with other lenders whether or not you could boost the amount borrowed to cover the initial payments. Though this would probably amount to 20k odd and would be hard to justify to the lender. |
I received my acceptance on Friday and still haven’t had a phone call, has anyone had a letter through the door yet?
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When did you pass your stage 2? And what route did you get?
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26th July and Route 3.
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Originally Posted by Huggies_23
(Post 9904769)
Personally, being 28 and my parents being close to retirement the last thing I wish to do is ask them for assistance in this (by way of securing any borrowing against their property / otherwise).
Obviously the cadet still takes on the debt and is responsible for the repayments (unless declared bankrupt etc.). Absolutely BBVA are unique in their repayment schedule, the perks of a product created specifically for flight training. I think anyone going into this process, nevermind accepting a training position, is entirely aware of the financial burden that will undoubtedly make the first few years post-qual hard work. At least I hope this is the case.... I do wonder with other lenders whether or not you could boost the amount borrowed to cover the initial payments. Though this would probably amount to 20k odd and would be hard to justify to the lender. I’m sure everyone is aware of the financial burden, but I’m sure even you would agree that there are some who haven’t quite got a proper grasp of the scale of this financial burden. There’s a degree of naivety almost, and I can’t help but wonder if there is a belief amongst some that if the airline underwrites your loan you’re not physically paying. I get the impression some are thinking of this as corporate sponsorship. We are talking about a sum of money which would be enough to buy a small home and the process for getting a mortgage these days is incredibly intrusive on your financial affairs. I have approached my own bank as they are offering a large unsecured loan product. After enquiring I found they want to see evidence of earnings and how I would pay for the product several years down the line. They also want to know what the loan is for as that will factor into their decision. Secured lending on a home with equity is likely to be the only real solution. But with shared-equity and Help to Buy etc, I’m not sure it will be possible to secure additional lending on that property. |
Originally Posted by 31Pilot
(Post 9904895)
No lender will lend more to allow you make payments on the same debt. I doubt any airline would underwrite a loan far greater than the course cost.
Originally Posted by 31Pilot
(Post 9904895)
I’m sure everyone is aware of the financial burden, but I’m sure even you would agree that there are some who haven’t quite got a proper grasp of the scale of this financial burden. There’s a degree of naivety almost, and I can’t help but wonder if there is a belief amongst some that if the airline underwrites your loan you’re not physically paying. I get the impression some are thinking of this as corporate sponsorship.
Originally Posted by 31Pilot
(Post 9904895)
We are talking about a sum of money which would be enough to buy a small home and the process for getting a mortgage these days is incredibly intrusive on your financial affairs.
Originally Posted by 31Pilot
(Post 9904895)
I have approached my own bank as they are offering a large unsecured loan product. After enquiring I found they want to see evidence of earnings and how I would pay for the product several years down the line. They also want to know what the loan is for as that will factor into their decision.
Originally Posted by 31Pilot
(Post 9904895)
Secured lending on a home with equity is likely to be the only real solution. But with shared-equity and Help to Buy etc, I’m not sure it will be possible to secure additional lending on that property.
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Originally Posted by o_rey28
(Post 9904864)
26th July and Route 3.
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Hi everyone, do they accept overseas applicants?
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If you have the unrestricted right to live and work in the UK, yes. I applied from overseas.
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easyJet have confirmed that they will be at the Pilot Careers Live event at London Heathrow 4 November. This is a great opportunity for those who are wanting to find out more about the airline.
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Originally Posted by o_rey28
(Post 9904864)
26th July and Route 3.
Congrats! Same as me, I am confirmed on the course now and have had joining instructions through, have you got a booked start date yet? Thanks, |
Hi All,
I just wanted to post my experience. I attended selection in May and have just sorted all the medical etc. and will be starting next week on Route 3. Best of luck to all, anyone who is on the same intake, let me know! |
Hi congrats to you also! I still need to get medical and funding in place so will be a while for me yet!
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Congratulations! Do update us on you training if you can! Best of luck on your training.
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Originally Posted by o_rey28
(Post 9908304)
Hi congrats to you also! I still need to get medical and funding in place so will be a while for me yet!
Drop me a PM when you are starting and we can catch up. Best of luck! |
Originally Posted by EGPF
(Post 9908322)
Congratulations! Do update us on you training if you can! Best of luck on your training.
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Has anyone been given any start dates for January?
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Hi All,
Does anyone know if the 'Flying Through Boxes' test at L3 includes a time delay? I'm using SkyTest to prepare for an upcoming assessment and it would be very helpful to know what setting to use. Many thanks! |
The test has a small delay with input. You also have to counteract your response sometimes, e.g. after turning left, you have to apply a small amount of right to achieve the desired heading.
TOP TIP - Stay calm and use small movement. There's a tendancy for people to become flustered when missing a box and then to overcorrect which makes things a lot worse. |
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