Allowances vs Moving into Quarters
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Allowances vs Moving into Quarters
Having read the various articles in the press on forces allowances, increase in interest rates and possible 10% house price drop in 2011, I'm now considering selling up and moving into quarters. I'd be interested to see how the 150 GBP saved from my HDT compares to married quarter costs. I certainly would be almost a grand better off each month. The loss of HTD may well just be the tipping point for me! I know 
I don't own this space under my name. I should have leased it while I still could
Barmey, before you jump consider if there are actually any quarters available. I know someone at AIR that had to take a hiring. The hiring allowance did not cover the rent.
Well if you leave it till the New Year when they get rid of/reduce HDT in the allowances shake up then I think many will find that living off camp is no longer as attractive or for some, not even economically viable. Cue large numbers of people asking for already full married quarters then the RAF will have no other option than to pay you vast sums of many to rent off camp.
And no doubt the whole exercise will end up costing more than just leaving the allowances as they are (but that will be over looked because it will be 'a different budget')!
And no doubt the whole exercise will end up costing more than just leaving the allowances as they are (but that will be over looked because it will be 'a different budget')!
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It seems that HTD may be for the chop but has anyone heard anything about how safe GYH (P) or (D) is? I think that would seriously Fu£k a lot of people off who accept posts for service needs but elect to keep the family put, thereby not creating an additional housing burden.
Surely renting at £300 per month isn't sound economic sense with the average posting of once every 3 years?
3x £3600 rent pa = £10,800 total
Even if a 10% house drop is on the cards then unless you live in a Mansion the wasting of nearly £11k every posting doesn't add up to me if your into house ownership in the long term (9-12 years).
I'd still like to see everyone move back into Quarters though to watch those money-grabbing bar stewards in DHE squinny and squirm!
LJ
3x £3600 rent pa = £10,800 total
Even if a 10% house drop is on the cards then unless you live in a Mansion the wasting of nearly £11k every posting doesn't add up to me if your into house ownership in the long term (9-12 years).
I'd still like to see everyone move back into Quarters though to watch those money-grabbing bar stewards in DHE squinny and squirm!
LJ
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Well, I shall be procuring a room in in the massively extended Brize Norton mess once we toodle pip over from LYE.
Own my ownhome, but due to extortionate local Oxford prices cant afford to move. If they think I will be paying for a daily 80 mile round trip journey, they are deluded. Hang on, the extension of the Brize mess has plenty of room for all the additional we are going to get when we move? Oh no, think again.
I wonder what they will do once the Gateway AND the mess is full?
Form 95, here we come, especially if I am flying the next morning.
Own my ownhome, but due to extortionate local Oxford prices cant afford to move. If they think I will be paying for a daily 80 mile round trip journey, they are deluded. Hang on, the extension of the Brize mess has plenty of room for all the additional we are going to get when we move? Oh no, think again.
I wonder what they will do once the Gateway AND the mess is full?
Form 95, here we come, especially if I am flying the next morning.
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Leon,
If you do your sums carefully, and include all the factors, I think you'll find that moving into quarters, at a time when house prices are falling, makes a degree of good economic sense. But it depends where you're moving from and to. Certainly, if you're about to be posted away from Brize then you might be better placed to rent out your house at Brize and get a quarter or hiring at your new duty station - especially if GYH(P) gets cut. From what I understand, you might even turn a net profit! Last time I looked, property prices in West Oxfordshire were still rising (+9.6% in the Jul/Sep 2010 quarter). I wonder why?
I think things are going to get very interesting in the New Year. Unless the cuts have been properly thought through, the overall cost to Defence could be even greater than it is now.
If you do your sums carefully, and include all the factors, I think you'll find that moving into quarters, at a time when house prices are falling, makes a degree of good economic sense. But it depends where you're moving from and to. Certainly, if you're about to be posted away from Brize then you might be better placed to rent out your house at Brize and get a quarter or hiring at your new duty station - especially if GYH(P) gets cut. From what I understand, you might even turn a net profit! Last time I looked, property prices in West Oxfordshire were still rising (+9.6% in the Jul/Sep 2010 quarter). I wonder why?
I think things are going to get very interesting in the New Year. Unless the cuts have been properly thought through, the overall cost to Defence could be even greater than it is now.
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The days of old moving into a Qtr that may be old, may be partly furnished with an outdated cooker, carpets and curtains and the inevitable magnolia; marched in by an old school Families Officer with an eye that any SWO, RSM would be envious of, are long gone.
DHE will happily move you some distance from your unit into a house fit for a pig and then tell you that you have had your two choices therefore they are no longer obliged to offer you a roof over your head.
It is over a decade since I last had a qtr and like many others experienced five moves in 2 years. Each and every move I left behind a pristine house and thankfully moved into its equal on each occasion. These days I hear on regular occasion stories at the bar from guys/girls living in for a short period whilst waiting for a Qtr refusing the bricks and decay that are being offered. Orange carpets never were funny, but carpets with felt tip pen across them are unacceptable. I too will never return to a Qtr which is exactly the attitude that DHE take for granted.
DHE will happily move you some distance from your unit into a house fit for a pig and then tell you that you have had your two choices therefore they are no longer obliged to offer you a roof over your head.
It is over a decade since I last had a qtr and like many others experienced five moves in 2 years. Each and every move I left behind a pristine house and thankfully moved into its equal on each occasion. These days I hear on regular occasion stories at the bar from guys/girls living in for a short period whilst waiting for a Qtr refusing the bricks and decay that are being offered. Orange carpets never were funny, but carpets with felt tip pen across them are unacceptable. I too will never return to a Qtr which is exactly the attitude that DHE take for granted.
Quote:
Ere!
Put your house in your cat's name and offer it up to estates as a hiring...then move back in!
Ta da!
How about two guys living in their own homes in the same street applying for quarters knowing there is no chance of getting one. Then both getting each others house on ERA and halfing their mortgages................. never happen? well......................
Ere!
Put your house in your cat's name and offer it up to estates as a hiring...then move back in!
Ta da!
How about two guys living in their own homes in the same street applying for quarters knowing there is no chance of getting one. Then both getting each others house on ERA and halfing their mortgages................. never happen? well......................
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dctyke
Unlike in the days of yore, putting ones inheritence for the kids into bricks and motar and then renting it off to the MOD ain't as good an option as it might have been. We tried it with our eldests flat, a while ago, apparently one has to rent "furnished to a good standard" as the days of "furnished from Barrack stores" no longer works.
3P
Unlike in the days of yore, putting ones inheritence for the kids into bricks and motar and then renting it off to the MOD ain't as good an option as it might have been. We tried it with our eldests flat, a while ago, apparently one has to rent "furnished to a good standard" as the days of "furnished from Barrack stores" no longer works.
3P
Surely renting at £300 per month...
In Cartoontown, a one bedroom flat with allocated parking will cost about £500 per month to rent.
3 bedroom detached house with garage in Witney? About £1200 per month if you can find one.
Not just GYH(P) but I reckon the "over 37" deal will be under threat too. Originally designed to assist servicemaen in their final years to IPP, with many now serving beyond this point, more and more take this option. Gotta be some money to be whittled away there.
There is of course the conspiracy theorists who would suggest the bean counters are watching this thread for ideas!
SL
There is of course the conspiracy theorists who would suggest the bean counters are watching this thread for ideas!
SL
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The over 37 deal is an Army thing.
They don't get anything in addition to the other 2 services. Instead they restrict the eligibility to some - mainly unaccompanied - allowances to those over 37.
They don't get anything in addition to the other 2 services. Instead they restrict the eligibility to some - mainly unaccompanied - allowances to those over 37.
Ooops, sorry all, didn't realise the over 37 bit was for us Army types only. In short, if you are over 37 and own your own house, you can elect to go unaccompanied. No accommodation charges and GYH(P). Obviously, if you are receiving CEA it is a no go. It was introduced working on the theory that most soldiers left at their IPP/22 year point or, on average 40 years old. By allowing the package from age 37, it encouraged those in their last three years to move out of MSQ into their own house in a location they wanted without too a financial hit. What they wanted to avoid was discharged servicemen living as an irregular occupant in a MSQ and eventually having to evict them......not good PR. Been in for at least 15 years to my knowledge.
JSP 752 Ch 7 Sect 8 refers
SL
JSP 752 Ch 7 Sect 8 refers
SL