The salary on offer, will be OK for expats who have a pile of cash in the bank, investments producing income and no mortgage on primary residence.This is the candidate NLH are trying to attract. And successfully so.

Its also ok for blinkered vision Fos who feel they can always get a job anywhere with a 787 rating.

I agree though, the salary hopeless if you don't have the 500K downpayment to allow you to get that mortgage on your dream residence in east sussex.

Terrace house in crawley anyone?

Bear in mind that the banks are stopping lending to contracts that are not in sterling this year, there is currently only 1 lender in the country that will but soon they will stop too.

£5k take home in London/SE is not a King's ransom given sky-high house prices in that part of the UK.

I live north of London and work out of STN. In this beautiful, uncongested part of the country house prices are 30% lower and my £5.5k as a youthful 737 skipper is tolerable.

But I've always said you'd have to give me at least a £20k pay rise to encourage me south of the Thames. Take away my stable family-friendly 5/4 roster and I'd want at least £30k extra.

Horses for courses.

Er hang on a second, please point out to me where I've said that £5k is just fine for an experienced airline captain?! Or anything other than what £5k take home might get you. I'm not in the industry. I was trying to make the point that citing the LGW base as a negative because you're based in one of the most expensive cities in the world is not true. Yes housing is more expensive in the SE but as I said you'd have to be mad to base yourself in central London for a LGW job. That was all. A little balance.

Well as this is a Pilots Forum, and we're talking about the Captains salary, and they require experienced Captains. Therefore you have to be inferring it's an ok salary for an Experienced Captain.

Compared to what?

You have inferred that, I have inferred nothing. Come back when you've actually read my 2nd post as to what my point actually was.

Trying to balance histrionics with facts.

So you think 5k is ok to get a "rather nice property" in Surrey. Great, good for you. This is a Pilots forum, we are talking specifically about NLH package for a Captain. So if you are not inferring anything regarding the salary of a Widebody Captain, you're clearly in the wrong forum sight.

Pardon me for thinking you were referring to an Wide Body Captains salary in this forum, even though that's what we're talking about :ugh::ugh::ugh:

As to your "Histrionics", I've spent some time in Surrey, and let me assure you the cost of living is up there with the highest in the world (Real estate aside), so I don't think it's too Melodramatic to say it's a basing in one of the most expensive cities in the world.

Implied, not inferred. ;)

5k would be enough to get a rather nice property ?? Would that be for a Security Guard? A Plumber? A council worker? A Surgeon? A Lawyer? A Cleaner etc etc It would appear you are indeed talking about a Captains salary (one would assume on the forum you are in). Please correct me if I'm wrong. One would also assume because you think you can live comfortably (nice home) South of LGW that you think the salary for a 787 Captain is fair?

May I also add that any Captain would be restricted to renting only, unless he can purchase a property with cash, as I would Imagine in the current climate, it would be very hard for a Pilot on a 3 year contract to obtain a mortgage. Seems like a really reall S###ty deal to me.

Do you not find it a little bizzare that a qualified long haul Captain can't even get a Mortgage to buy a home should he desire?! I do.

Evy

Yup, that's the one.

As long as I don't mix up Circumcised and Castrated :}

Well,
It depends what you want.
If you want a large country house in the SE , £1.5m + is what you need, so you can forget being an airline pilot and getting one, unless your other half also has a highly paid profession.

This three year contract thing V a mortgage - the biggest issue is actually being self employed more than anything .

I've just found a two bed, terraced house in Horsham. A bargain at £400,000. The whole row is probably populated by destitute Norwegian skippers.

Let's look somewhere nicer......Oooh a three bed bungalow in Pulborough.:rolleyes:

Living the dream huh? Nope, I want more than that, don't you?

20yearstoolate, :D

Yes, the self employed status does tend to bugger it up, making enquiries most lenders want 3 years accounts and the lending is based on the retained profits, which are practically nil, so option B is to put a large wad down and then put yourself at the mercy of a broker, typically 2 percent of the loan but max LTV I could find was 60 percent. The other option is to use your wad to buy two smaller houses to rent out and use the income to rent in the SE, but the thought of retiring to a 2 up 2 down in Bedford student area and watching Karaoke at the pub is not so attractive. If one is prepared to travel a little further south you can get a reasonable abode for around 700K, which means raiding the pension or emptying the mattress in the ME. As mentioned, NLH do not seem to have too much problem attracting the people and at the moment they have no need to raise the bar. Mistakenly I thought the salary was to enjoy life, not to build a castle, no matter how big your house your grave will be the same size:ugh:

Jeez,
Even if you earn £150k clear as a skipper, you'd still not be able to buy a castle in the SE.

4 x salary is normal so £600k, plus any cash deposit.

Be realistic, your not Alan £&@ing sugar, just a pilot.

Right, so what's four times the salary of a NLH skipper? 360-400ish equivalent before tax.

Welcome to your pokey little Sussex terrace captain.

Fade, a reasonable property in leafy West Midlands, may even be your neighbour!

5 bedroom detached house for sale in Solihull Road, Hampton-In-Arden, Solihull, West Midlands, B92, B92

Seems you do have to be Alan Sugar to live these days! I assume the company provide car parking at LGW, in which case, no need to live within the expensive 50 mile belt, slightly further north of Luton in Northants is good value and rentals are also reasonable: 5 bedroom detached house to rent in Bridge Meadow Way, Grange Park, NN4 The point being we can all cut our cloth accordingly.

Ha,
That's funny avenger, reason being I used to actually live about 7 miles from there.....

I can't be arsed to argue with the others who have no intention of applying to NLH,
If you don't like the salary, stay in the ME or China .
If your a BA or Virgin skipper , well done, your sorted for wonga anyway.

That leaves the rest of us.

Just wait until the wonderful Norwegian decide that you would be better off in a different base or better still that they no longer need you.

Personally, I can't see the advantage of flying the "plastic fantastic" (jet-lag/no wifi / 8 ? or is it now 10 ? days off a month) in preference to the 738 (same money / wifi / if LGW based home most nights & contracted 12 OFF a month) am I missing something more relevant than penis size here :E ;)

Well, it's a bit naive to assume aircraft type comes into the decision of employer isn't it ?

" hey, fade, what ya wanna fly ?" - spoken in an airline interview, never.

There are no advantages or disadvantages ,
For me
- don't have 737 rating
- don't live near gatwick
- one sector days across multiple time zones , for me, marginally less tiring than multi sector stuff.

To be absolutely clear. I don't give a stuff what I fly. If a tiger moth paid the same I'm sure it's more fun !