Really rogue question, but when you start the PGDL or SQE, how do people afford to live in London? I’m coming from Leeds and having to move down with my partner and for the life of us cannot see how we will manage it. Those who’ve done the SQE or going to, how do you make it work? Most firms I’m looking at give a 10-15k bursary but I’ve no idea how to make that work :/
- sorry if this is a really daft question, but I’ve tried to do some research and thought maybe this could be a good place to discuss since we will all (or majority) need to move down to London at some point?
It's tricky. Especially without firm sponsorship, which can be helpful but even then not cover your cost of living. In my experience (currently at ULaw Bloomsbury) most people (non-sponsored) will use a combination of the government postgrad grant (they will do either the MA Law or LLM SQE) and savings. There's a lot who straight up live at home outside of london in commuter towns and commute to class 3 days a week.
I myself fell into the first category, having not been sponsored, moved in with my partner and went on the grueling hunt for a flat. The renters rights bill has made that significantly easier nowadays as the expected price hike to compensante for decreased abilities for landlords to force blind bidding and or contract competition. The funny thing is, doing the SQE self-funded has much less of an impact on your quality as a candidate than people think. Most firms throw around the same money they'd spend sponsoring someone to do the entirety of the course + optional extras on the christmas party.
The majority of people self-funding are either living at home and or have been paralegals and have now qualified into their firms (they are either in their 30s or approaching). Living in London without a job is so incredibly difficult that most people's main suggestions given the above would be to do the SQE outside of London then move once you secured a paralegal job. Hiring for paralegals is also different to trainees, they do care if you have sat the SQE or not as this will affect the ability for you to progress through the firm. Especially for smaller firms who are expected to pay more to their trainees than their paralegals, trainees are essentially wasted money if there's no guarantee they will stay on after NQ.