Not specifically related, but could anyone tell me why there seems to be a divide of what you pay and over how long depending whether you live in Scotland or England? (not sure about NI)I was just noticing this when I was finding out about IVA's prior to mine.
Hubby and I have interlocking IVAs and pay £210 a month on 27k debt. In NI our IVA is running same length as english ones and has same terms/conditions but our incomes are much lower here.
And I earn less because I only work part time - otherwise I would have a big childcare bill which we cannot afford!
Gettingthere wrote:
Not specifically related, but could anyone tell me why there seems to be a divide of what you pay and over how long depending whether you live in Scotland or England? (not sure about NI)I was just noticing this when I was finding out about IVA's prior to mine.
The scottish version of an IVA is called a protected trust deed and usually only lasts 36 months.
If you want to move up here for 6 months and then declare yourself insolvent you could go for one!![:D]
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
New start wrote:
Sorry Nicola but the salaries are def lower. Which they should not be as the house prices and living cost are just as high as in the rest of the uk.
It is really a massive problem in NI.
The cost of living and the house prices used to be so much less but not anymore.
I guess I am just comparing mine and husband's profession. I am a therapist with the NHS and my banding is the same as it is in England with the exception of London. My husband is an electrical engineer working as a project leader with a manufacturing firm and his wage is comparable if not better than it would be if we moved to England. You could very well be right about other professions though.
Thanks Paul, I knew there was another version of IVA in Scotland, well I live in the NE of England so not far to move if I ever decide to go for it! [:D]
Our incomes are definitely much lower in NI than the rest of UK. It might be ok if you are government employed etc but to be an ordinary joe you really don't earn much.
And the cost of living is now scary. We were spending £60ish per week on groceries and its now £100 and there is no change in what we are buying!!
My staff in Northern Ireland are paid on merit and definately at the same rates as their colleagues in our offices across England, Wales and Scotland. I would not dream of making regional differentials.
