New City, Job and Home

[FitAt50]

Need a bit of advice. Husband is Deputy Head and for the last couple of years has really began hating his job. We talked at length and agreed that he needs to leave. He has put his notice in and will finish in the summer. Job wise he is not really sure of what he will do but hopes to get a 'normal' job working at a University or similar. He accepts that this will involve a big pay cut. Income wise he earns £60k and I am on £25k and we have a mortgage of £1400 a month. Our plan is to sell our house (valued at £450k) and use the £280k equity to buy a flat in Glasgow (we currently live in York).

Buying a house in Scotland will be much easier if we are cash buyers and this is where we need advice:

• His idea is try and get a new job in York, do it for a year and then get a new job in Glasgow after her has some experience.

I think this is rather crazy as we will still be paying our £1400 a month mortgage and he will be on a much smaller wage. I think we should both be applying for jobs in Glasgow with the aim of moving there as as soon as we can after he leaves his job. We can then rent at a much lower rate than our morgage and start looking for our dream flat.

I had our house valued this week and the agent has suggested we put it on the market in April with an aim to move our by end of July. Its increased in value by £85k in the 3 years since we bought it and this means we can live mortage free in Glasgow. I don't see the benefit of him starting a new, much lower paid job in York whilst we still have a large mortage and other bills to cover.

Anyone got any thoughts?

anyone :-)

Why are you interested in moving to Glasgow?

Could your husband look for a similar role there rather than taking a less well paid job? He might well find that it isn't as easy as he's thinking to find the sort of work he has in mind.

I'm from Glasgow originally and we can live mortgage free up there. He really hates teaching now and just wants a much less stressful job.

You could presumably also live mortgage-free in York if you wanted to.

I think it's common for people in senior well-paid roles to fantasize about taking a paycut for an easier life. But the reality is that low-paid jobs are also very stressful, plus there's the additional stress of having less money. Also almost all jobs are very competitive these days, and his lack of relevant experience would be an issue. I think your husband needs to think very seriously about what was making him unhappy in his job, and how to fix that.

Glasgow is about 25% cheaper than York and we really love the city and have lots of mutual friends there.

He gets to work at 7am every morning and doesn't leave until 5:45pm most days, also has lots of marking to do on Saturdays. That and the ever demanding parents has pushed him over the edge. I totally support his decision and just want him to be happy.

Why does he want to stay in York and not move directly to Glasgow? I’m not sure of any benefits. Is he not ready to leave York yet?

If you stay in York for a specified period, I’d go ahead with selling your house and rent in York until you’re ready to buy in Glasgow.

@ThroughThickAndThin01

Why does he want to stay in York and not move directly to Glasgow? I’m not sure of any benefits. Is he not ready to leave York yet?

If you stay in York for a specified period, I’d go ahead with selling your house and rent in York until you’re ready to buy in Glasgow.

He thinks it would be better to work for a year in York to get experience in a non teaching role, and then move to Glasgow afterwards. I don't see the point in this.

No I don’t either!

Does he have contacts in York who might help him get a job, is that it?

why did he quit his job without having a new one to move to?

@Suretobe

why did he quit his job without having a new one to move to?

He has to give 3 months notice due to his role, this was always going to be difficult with finding a new non teaching role.

@ThroughThickAndThin01

Does he have contacts in York who might help him get a job, is that it?

No - no contacts work wise in york.

Well then you need to persuade him to move next summer when your house has sold, there is no reason to delay it. I’d probably go on a bit earlier than April because the sooner you move when term has finished the better, you don’t want to hang around just waiting for your house to sell. Just tell anyone interested you wouldn’t be able to complete until July.

What type of job is he planning to do?

Working for one of the Glasgow universities, or civil service admin role. He just needs something about £25k and we will be living comfortable life and mortgage free.