LIVING IN THE UK GUIDE FOR OVERSEAS FINANCE PROFESSIONALS - Bella Events
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LIVING IN THE UK
GUIDE FOR
OVERSEAS FINANCE
PROFESSIONALS
www.martinwardanderson.com | Living in the UK Guide 1
It’s easy to open an CONTENTS
INTRODUCTION 5
account with us. MARTIN WARD ANDERSON IN
THE UK
6
LONDON IS CALLING 6
We can usually open your bank account straightaway when you visit us
in branch, and in most cases all you need is your passport and a letter STEP-BY-STEP GUIDE TO 7
from Martin Ward Anderson. RELOCATING
“Being able to open an account so quickly really helped with getting OVERVIEW OF THE UK JOB 13
MARKET
established in London, and Lloyds TSB provided excellent and friendly
customer service.” CURRENT TRENDS FOR FINANCE 15
Anthea Crittle PROFESSIONALS WITHIN THE UK
“It was great to be able to open up WHAT AREAS DO MARTIN WARD 17
a bank account without needing ANDERSON COVER WITHIN
LONDON?
a utility bill. I was impressed at
the way Lloyds TSB looked after WHAT KINDS OF ROLES DO 18
me through the process.” MARTIN WARD ANDERSON
TRADITIONALLY RECRUIT FOR
Ryan Miller
ACROSS THESE SECTORS?
To find out more, see the Banking
HOW CAN YOU IMPROVE YOUR 20
in the UK section of this guide CV IN ORDER TO DIFFERENTIATE
or visit www.lloydstsb.com YOURSELF FROM THE
COMPETITION?
Account opening is subject to our
assessment of your circumstances; WHAT ARE THE MAJOR 20
you must be 18 or over to apply. OBSTACLES AN OVERSEAS
CANDIDATE FACES?
WORKING IN SCOTLAND 21
www.martinwardanderson.com | Living in the UK Guide 3
CONTENTS
A – Z SURVIVAL
GUIDE TO LIVING
IN THE UK
Accommodation 26
Arriving 34
Banking 36
Cost of Living 49
Driving in the UK 53 Moving to a new city to accelerate your career takes a
Embassies 55 level of strength that we admire. Welcome to London.
Food and Eating Out 59 You have arrived in the financial capital of the world. As
Going Out 64
an expat your skill sets are in high demand.
Health and Wellbeing 64
Insider Tips 67
Journey Times 69 Martin Ward Anderson is a leading trained to fully understand the
Keeping Fit 72 specialist financial recruitment market demand and supply issues
Limited Companies (ltd) 77 consultancy. Our business expertise and they are able to advise on the
Mobile Phones 80 lies in the provision of permanent, full range of candidate sourcing
National Insurance and Tax 81 temporary and contract recruitment solutions.
solutions for accountants at all
Overseas Phone Calls 83
levels from part qualified to finance Our London network covers; every
Pay and Payment Options 87 director, offering both permanent and inch of the square mile, Canary
Qualifications and temporary/contract solutions in the Wharf and the Docklands extending
Professional Bodies 90 following sectors: deep into the west and wider out
Rest and Relaxation 94 through the commercial world of
Safety/Shopping/Sightseeing 96 >> Commerce and Industry Middlesex.
Transport 102 >> Banking
>> Public and Not for Profit With offices throughout the UK,
Umbrella Companies 107
Netherlands, an international division
Visa Notes 109 We have built a reputation for and affiliates worldwide, our goal is
Websites 114 creating and delivering a personalised to look after you locally, nationally
eXpat Wealth Tips 120 service to meet our employers’ needs. and globally.
A Year in London 124 All our consultants are intensively
Zooming off home 126
4 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 5
This guide has been designed for we are experiencing as the demand business centre. More than 100 of Upon your arrival register with us and
those embarking on an international for finance professionals remains Europe’s 500 largest companies are we will issue you with your Martin
career. strong across all sectors. headquartered in London and a Ward Anderson Privilege Card and
quarter of the of the world’s largest set you up a Lloyds TSB account with
It contains invaluable career advice, 2008/2009 looks set to be a period financial companies have European ease.
an A-Z survival guide to living in of sustained growth and will continue headquarters here.
the UK, visa, financial and travel to offer significant employment
information as well as access to a opportunities for finance professionals. We have offices in all key economic STEP-BY-STEP GUIDE TO
range of great discounts through our areas of the UK. In each of these RELOCATING
Martin Ward Anderson Privilege Card. localities international candidates are
LONDON IS CALLING highly regarded by UK employers. If Before you arrive
Travelling is all about learning about you would like to explore a different
who you are and reaping the rewards For Australian, New Zealand and side to the UK other than London Ensure your CV is suitable for the
– now is the time to give yourself a South African finance professionals consider these options: UK market. Some helpful tips to
career audit. coming to London has become a rite remember include:
of passage. >> Birmingham - Midlands
>> Edinburgh - Scotland >> CV’s can create a positive response
MARTIN WARD ANDERSON It’s easy to see why. In London it’s >> Guildford - Southern Home Counties in 20 seconds.
IN THE UK possible to travel, live a great lifestyle, >> Leeds - North East England >> Be concise: most should be no
climb the career ladder and buy >> Manchester - North West England more than 3 sides of A4.
A Randstad Holdings company, we property; not to mention save in >> Middlesex - South East England >> Format: logical and chronological
belong to the second largest staffing pounds. >> Milton Keynes - North Bucks sections.
organisation globally. >> St Albans - Northern Home >> Research the employer that you
London is the banking centre Counties are targeting and adapt your CV
Our mission is to be the financial of the world and Europe’s main >> Southampton - South Coast to suit.
recruitment consultancy of exclusive >> Windsor - Thames Valley >> Refer to the effective CV building
choice for employees, employers section in this guide.
and jobseekers. As a result, we are Register with us
committed to delivering the highest
quality recruitment services in the These days coming over to the UK
marketplace. couldn’t be simpler.
Martin Ward Anderson has We will register you over the
experienced extensive growth with telephone so that we can arrange
our network of offices now extending interviews in your first week.
to twelve across the UK and Europe. If you are thinking about making the
This has largely been a reflection of move we will support you all the way.
the buoyant market conditions that
6 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 7
Research visa types Visa if you have British heritage as The UK market is incredibly buoyant
these visas entitle you to full working and there is a constant demand for
Apply for the most appropriate visa rights in the UK. experienced or qualified finance
for your stay. professionals, however there are slight
For further details about UK visas fluctuations throughout the year.
Australian, New Zealand and South please refer to the visa section in
African candidates are all able to this guide. Alternatively please visit The contract market is especially
apply for four main types of visas to www.ukvisas.gov.uk candidate-short leading up to the end
live and work in the UK: of the financial year and also at half-
Tip: Don’t forget to make sure that year time.
>> Working Holiday Visa you have applied for all appropriate
>> Highly Skilled Migrant Visa (HSMP) visas to any country that you plan to The permanent market is boosted
>> Ancestral/Partiality Visa visit before arriving in the UK. by new budgets in the new financial
>> Work permit year and the Christmas period is
traditionally slower.
The HSMP Visa is open to all Set an arrival date
nationalities.
There are a few factors to consider Consider the seasons Register over the telephone
We would strongly recommend when deciding when to come to the
where possible that candidates apply UK. Winter months have less than eight >> Speak to a specialist consultant in
for either an HSMP Visa or Ancestral hours sunlight a day. Temperatures your field.
>> When are you due to lodge a tax tend to be frosty and it is often wet >> Once you have set an arrival date
return? Can you benefit from which can make finding your way and have an appropriate visa to
moving overseas part way through around a new city much more of a work in the UK, Martin Ward
your home countries tax year? task than in the summer. Anderson can register you before
>> How long will it take for your visa you leave home.
application to be accepted and Summer months have up to 17 hours
when does your visa to the UK sunlight a day and the temperatures Our global opportunities team will
start? Time your entrance well to range from 17 to 32˚C. There tends email you through an international
avoid wasting time on your visa. to be a lot more after work socialising candidate form. Please email this
>> When is the best time to fly? Can and a good buzz, making these back to us so that we can add as
you benefit from non-peak season popular months to arrive. many details to our database as
price bands? possible.
>> The UK tax year runs from 6th April Tip: If you are flying into Heathrow
to 5th April. pick a flight that arrives between Before you leave we will arrange for a
>> Will you be looking for work straight 5.30am and 11.00pm so that you can specialist consultant to make contact
away in the UK? catch a tube into London rather an with you to discuss opportunities
expensive taxi. within the UK market and make sure
8 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 9
>> Prepare your tax return form - you >> Cancel/suspend any insurance
may be eligible for a tax rebate - the policies such as medical, house
perfect top up to your travel fund. and contents.
>> Speak to a financial advisor if you
own property or shares in your home Tip: To get the best exchange rates
country and are thinking about register with an online money
selling, there may be tax advantages transfer company such as
to doing this after you leave. www.tranzfers.com
that we are considering you for any Organise your personal finances >> Retain any documentation you
appropriate roles upon your arrival. have had from credit companies as
When you first arrive in the UK, these will assist you when opening Take care of your health
Arrange to have written opening a bank account without bank accounts or renting flats
references with you a permanent UK address or credit when you arrive. The UK have reciprocal agreements
history can be difficult. >> Set up Internet banking with your between the governments of
>> Gather personal and professional current bank. Australia, New Zealand and South
references. Martin Ward Anderson has a special >> Meet with your bank to change Africa. As a result treatment in
>> Contact good past employers and relationship with Lloyds TSB and is your account status. You may want NHS hospitals and GP surgeries is
mentors and ask if it is possible able to arrange for you to open a to close other accounts and just free, although there is a charge for
for them to give you a written bank account. have two operating - a savings and prescribed medicines.
reference to use in the UK. a credit account.
>> Speak to any referees that you When you come into register we will >> Get some copies of your bank >> To see a doctor when you arrive
have listed on your CV, let them give you a special introductory letter. statements while you still have you will need to be registered
know your upcoming plans and With this, and your passport, you will lots of money. Some destinations with a surgery in your local area.
ask if they mind being contacted be able to open a classic account, will require you to prove you have This can take time so we would
from the UK. Make sure you have which is free to open and has no sufficient funds for travelling or recommend that you take out
all of their right contact details - monthly fees. living there on arrival. travel insurance for at least the
including an email address. >> The easiest way for you to draw first month that you come to
Your classic account will have full on cash when you first arrive will the UK.
Tip: Get in touch with your landlord facilities and you will be able to set be through an ATM. Make sure >> Before you leave make an
or real estate agent and request up both telephone and Internet your card from home is accepted appointment to see your doctor
references if you have been a tenant. banking. The branch manager or a internationally and check the and ask for a copy of your medical
This may assist you in getting your senior consultant will meet with you expiration date. records.
first room or flat to let. to assist you as a special client. Martin >> Notify any super or pension funds >> Make sure that you have enough
Ward Anderson candidates can also of your change of address and roll of any prescription drug required
arrange to see a Lloyds mortgage all into one easy to manage fund. whilst travelling and ask your to
advisor or speak to an advisor about >> Contact utilities to schedule doctor write a letter explaining
opening a business account. disconnection of services on the why you are carrying each
day following your move. medication.
10 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 11
>> Find out what vaccines you need Set yourself up for easy Arrange accommodation Tip: If you are arriving in the summer
for the countries you are travelling communication time lots of the Universities let
to and get them done. It is a good idea to know where you the rooms and studio flats in their
The best way to hit the ground will be staying for the first few days student halls right in the heart of
Tip: If you have private health running is to ensure you are set up of your arrival in London. You will London at cut-rate prices. For more
insurance have this suspended so to communicate with recruitment be asked this as you come through information visit: www.vmin.ac.uk
that when you return home you agencies, friends and family as soon customs so make sure you have these
can resume cover without a waiting as you arrive. details to hand.
period and arrange travel insurance Overview of the UK Job
for the period that you will be away. Try to arrange a UK mobile phone >> Keep in mind that almost all market
number as quickly as possible. It can accommodation comes furnished
be difficult to get a contract when before you start shipping all of Many of our overseas candidates
you first arrive without a UK credit your goods over. arrive within the UK with the
history. Therefore, you may want to >> London is expensive so if possible express wish to work within London,
consider bringing over your current see if you can stay with friends or however there are many exciting
mobile handset and inserting a UK relatives for your first week. opportunities with some of the
SIM card. larger firms based just outside of
Accommodation London offers studio London in the home counties as well
It is also worth setting up a remote flats for short-term let that are ideal as other cultural areas of interest
email account such as hotmail, yahoo for when you first arrive. They are such as Scotland and Dublin.
or g-mail. close to the tube station, clean and
comfortable and have free Internet London can be an extremely
Tip: Facebook, roaming diaries and access. For more information please competitive and fast-paced market
online photo albums are great for refer to the accommodation section with over 100 of Europe’s 500 largest
connecting to loved ones. of this guide. companies headquartered here so
you will need to be well placed to
You may want to consider a B&B style succeed. By living in a smaller town in
option, which is far cheaper than the UK you can experience a different
staying in a hotel. pace of life. Rates of pay tend to
be reflective of the smaller markets
It is also possible to find rooms in however, they are still competitive.
share houses for both long and short This, combined with the lower cost of
term rental. Good websites include: living, means that it’s all proportional.
www.thegumtree.com
www.rightmove.co.uk For more information on rates of pay
www.loot.com within these areas, visit:
www.martinwardanderson.com/
salarysurvey
12 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 13
Martin Ward Anderson has a network something that you can achieve in current trends for
of twelve offices across the UK and the UK. If you decide that diversifying FINANCE professionals
Europe. We can offer you access to your skills is more your focus, then within the UK
an exciting range of financial career again we can work with you on
opportunities and have established achieving this. Part Qualified Accountants
relationships with major employers
within the following towns and cities: The opportunities within London are The market for part qualified
exhaustive, and as such, most career candidates with relevant banking
>> Amsterdam objectives can be achieved. So it’s experience has seen a sharp increase
>> Birmingham really more about identifying what especially if they can demonstrate
>> Dublin – Opening in 2008 your goals are when you register relevant product knowledge. We
>> Edinburgh so that we can propose the ‘right’ have also seen an increasing demand
>> Guildford opportunities for you. Our unique for CIMA part qualified candidates.
>> Leeds position allows us to develop close These candidates are highly sought-
>> London working relationships with our after as they offer valuable industry
>> Manchester employers so we can help you to experience and can balance an
>> Milton Keynes tailor your skills to achieve the perfect experienced team.
>> Rotterdam role for you.
>> Southampton Newly Qualified Accountants
>> St Albans
>> Windsor The demand for Big 4 candidates
remains strong throughout the
All of these cities have their own market. Audit is the favoured
unique offerings from the stunning background from practice although
beaches along the South Coast there has been an increasing number
through to the history and beauty of candidates moving into product
of towns such as Windsor and control from a tax background -
Edinburgh. Many of the counties particularly in the banking sector. We
surrounding London are easily are also experiencing a demand for
commutable with St Albans only 22 candidates from smaller practices.
minutes from central London and
Guildford and Windsor 45 minutes Product Controllers
away.
Product control has historically been
You must consider your own personal a busy area for recruitment and we
career objectives. If this is to gain are seeing an increase in demand
experience within a large well-known for experienced individuals across all
corporation then this is definitely product areas. The main area
14 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 15
of demand within product control Auditors Qualified Accountants include very large energy companies
is for derivatives, credit and equity along side retail and high-end fashion.
professionals. Candidates with audit experience are Our employers are also particularly Within the City we cover the entire
finding the contract market is slowing interested in qualified accountants spectrum from entertainment, media,
Financial Accountants down as regulatory changes such as (CIMA, ACA, ACCA, ACCA, CIPFA, to energy and healthcare. The world
SOX become a common requirement. CA, CPA & AAT) with strong of temporary recruitment within
Candidates that work within this Candidates with specific audit or transferable technical skills. Ideally London sees peak recruitment seasons
remit must be willing to perform product knowledge are able to candidates should have previous in January and September but these
different roles across the banking command consistently high rates due experience/knowledge of the sector do vary slightly year on year and across
sector (e.g. legal entity control and to their speciality. that they are interested in working in. the board with regards to types of
financial reporting). We are seeing an positions.
increase in product specific reporting Business Analysts
roles on offer but there is currently a What areas do Martin Banking and Financial Services
lack of experienced candidates to fill The demand for business analysts has Ward Anderson cover
these positions. been very strong as banks have built within London? Banking and financial services extends
up project teams. Product specific across the whole of London with a
Management Accountants candidates are in high demand Commerce and Industry specific emphasis on the square mile
across the board, and we have seen and Canary Wharf and our financial
Management accounting remains an increasing number of candidates We focus on permanent roles across services team cover the UK as well
similar to financial accounting being outsourced as banks move commerce and industry within as international markets. We work
although building and/or maintaining more processes offshore. A lot of Greater London; specifically from across the whole of the banking sector
management reports has increased the larger banks put senior business the West End to the Docklands, including global investment banks,
the rates paid in this area as banks analysts on retention bonuses to encompassing every inch of investment managers, private equity
undergo consolidation of reporting. meet project commitments. the square mile. This gives us and hedge fund businesses. The City
the advantage of working with of London and Docklands are at the
Project Accountants organisations of varying sizes and hub of the financial services market
across a diverse range of sectors from for Europe and act as one of the most
This area has remained buoyant with large FMCG’s to West End media and active financial markets globally.
candidates with a specific finance entertainment companies and City
and business focus in high demand. based corporates. Public and Not for Profit
We have also seen candidates from
management accounting moving into Geographically temporary recruitment London is the heart of the UK
this area. The fastest growing areas within commerce and industry tends government and home to some of
being technology and project-based to centre on the South West, East the largest charitable organisations
accounting. London and the square mile. The types in the world, the Mayor of London/
of employers that we work with on Greater London Assembly and 33
temporary assignments varies. Within London Borough Councils who
the South and East these tend to provide services to over 7 million.
16 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 17
Primarily we cover the greater London specialising in the recruitment of >> Health
region within both permanent and All of our roles within commerce operations professionals across all The health sector is one of the key
contract roles. However, we also do and industry offer growth and career levels. focuses for the current government; this
some work in areas closely bordering development within some of the sector offers a wealth of challenging
London and within easy commuting markets leading Plc’s and private Public and Not for Profit opportunities. The health sector
distance. companies. comprises NHS trusts, primary care
The challenges of recruiting accounting trusts, executive bodies and directorates.
Banking and Financial Services professionals for public and not for
What kinds of roles do profit organisations should not be >> Housing
Martin Ward Anderson The financial services and banking underestimated. The complexity and This covers large, medium and small
traditionally recruit for division has three core business importance of the accounting positions, associations, the associations are
across these sectors? areas that cover investment banking, coupled with the political and legal broken down into these categories by
broking, fund management and the framework within which they reside, the number of ‘units’ they manage.
Commerce and Industry insurance sector. create a recruitment environment
where specialist knowledge and >> Charities
Currently there is a huge demand Each specialises in the provision of capabilities are paramount. With over 10,000 charities in the
for the following types of finance banking careers at all levels from part UK there is a plethora of accounting
professionals; internal auditors, part qualified to CFO/finance director level. We are able to provide accountancy roles, from small organisations to
and newly qualified accountants, The teams are split across banking and roles and source finance international concerns.
project systems accountants, business/ finance, front, middle and back office. professionals for:
financial analysts, financial controllers, >> Education
finance directors, and FMCG qualified Traditionally the peak season within >> Central Government When thinking of accounting roles
accountants across both temporary the financial services temporary As well as central government within education most would think
and permanent recruitment. sector tends to be during the holiday departments we also provide public of schools, universities and colleges.
period of June/July and August as sector recruitment for quangos, However, this sector also includes
In addition large employers are also well as end of year for holiday cover. government agencies and transport opportunities within funding and
looking for specific skillsets including The peak season for management authorities. development agencies.
IFRS, UK GAAP, consolidations, non- accountants within interim is Q3
finance liaison, process and controls, when employers are putting together >> Local Government >> Associations
staff management, management their budgets for the following year. This encompasses metropolitan Under this discipline we find a large
accounting as well as financial For permanent roles within financial borough councils, London boroughs, number of professional membership
accounting. services we have seen a consistently county and district councils and organisations including trade unions,
The most sought-after qualifications high demand throughout the year unitary authorities. Differing in size, friendly societies and pressure groups
are CIMA, ACCA, ACA, CPA, due to the shortage of qualified culture and ethos, and becoming more who vary in size and constitution.
CA or AAT however, if you are accountants. and more commercial, there are many
formally qualified with a recognised exciting accounting opportunities for
accounting body then this alone is Martin Ward Anderson also has finance professionals in the public and
sufficient for the UK market. a dedicated operations team not for profit sector.
18 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 19How can you improve >> UK employers may not be familiar demonstrating a commercial mind. complete the CIPFA qualification.
your CV in order to with your previous employers so >> Before attending any interview >> Due to the high number of
differentiate yourself please provide a brief company make sure you research the market management accounting vacancies
from the competition? description, turnover and and before attending a new across all sectors, CIMA is also
employee details. consultancy, research the sectors becoming increasingly popular
>> Make sure that you keep your CV >> Summarise your technical expertise that are of particular interest to with employers.
to a maximum of three pages; it putting your strongest skillset first. you - even specific employers you
must be clear and concise and >> Highlight any project-based may like to work for.
in chronological order. Try to use work you have undertaken and >> Highlight your individual unique Working in Scotland
bullet points as opposed to long ensure any gaps are clarified e.g. selling points. You must make sure
paragraphs. travelling, relocating etc. Highlight you can demonstrate that you are Outside of London, Scotland offers
>> You should endeavour to keep areas where you have added value, as committed to the role as any UK some of the most culturally diverse and
your CV as up to date as possible rather than simply offering a list of candidate. commercial cities in Edinburgh and
when you are working in the UK your previous responsibilities. >> You must be formally qualified Glasgow. Part of the United Kingdom
so that your consultant can be >> Within financial services if you with a recognised accounting yet operating with its own government,
proactive when looking for new have experience then you should body. If you are unqualified we Scotland offers many challenging
positions for you. indicate this clearly on your CV - would recommend looking into opportunities that will enable you
especially product knowledge. the CIMA or AAT qualification to grow your remit alongside an
depending on your level of expanding business as well as providing
experience and career aspirations. a good work-life balance.
What are the major If you have an accounting
obstacles an overseas qualification and are looking to Our Scotland office offers both
candidate faces? enter into the financial services temporary and permanent roles
arena then we would suggest within industry and commerce.
>> Overseas candidates always potentially looking at doing a CFA There is a strong need for qualified
face an issue with UK technical qualification or regulatory exams accountants from either practice or
experience. Whilst this is difficult that are specific to the financial industry but the market is evolving
to overcome it can be helped by product that you choose to focus on a daily basis and the only difficulty
clearly clarifying previous technical on. that candidates may find is trying to
experience gained at home so that >> If you were looking to become choose which position to take.
correlations can be made by a UK a finance director in the future
employer. then you must ensure that you
>> Be realistic about salary have a good mix of management
expectations and you must be accounting, financial accounting
prepared to be flexible. and staff management skills.
>> You must be able to communicate >> If you are looking to secure a role
effectively within interviews, within the public and not for profit
providing indepth answers and sector, we would recommend you
20 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 21A – Z SURVIVAL
GUIDE TO LIVING
IN THE UK
Accommodation 26
Arriving 34
Banking 36
Cost of Living 49
Driving in the UK 53
Embassies 55
Food and Eating Out 59
Going Out 64
Health and Wellbeing 64
Insider Tips 67
Journey Times 69
Keeping Fit 72
Limited (Ltd) Companies 77
Mobile Phones 80
National Insurance (NI)
and Tax 81
Overseas Phone Calls 83
Pay and Payment
Options 87
Qualifications and
Professional Bodies 90
Rest and Relaxation 94
Safety/Shopping/
Sightseeing 96
Transport 102
Umbrella Companies 107
Visa Notes 109
Websites 114
eXpat Wealth Tips 120
A Year in London 124
Zooming off Home 126
22 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 23Buying a house?
PRIVILEGE PARTNER ADVERTISEMENT: ACCOMMODATION LONDON
A
B
www.accommodationlondon.net C
D
E
Offer: Receive your first night free when booking
a week long short stay or 10% discount off mid to F
long-term rates. G
When booking please quote that you hold a Martin Ward Anderson H
Privilege Card and present upon arrival. I
J
Accommodation London own and for a triple share studio apartment
operate over 300 apartments and or £24 per person per night for K
over 100 hostel beds in brand new a twin/double studio apartment. L
buildings situated in North West Hostel rates start at £15 per night
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London (Zone 2), all within five-minute (max 4 - 6 in a room) and include
walking distance to a tube station. free Internet access. Mid to long N
Looking for investment opportunities in OZ? Want a home to go back to? Wouldn’t it be nice term rates are as low as £10 per
to secure property in the lucky country? For the past twenty years person per night for a triple share O
Well you can. The Commonwealth Banks Residential Property Loan lets you borrow to finance Accommodation London studio apartment. Doubles and twin P
the purchase of a residential property in Australia. has specialised in providing studio apartments start from £12 per
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accommodation for people visiting person per night for a three to six
That could be a loan for the purchase of an “off the plan” residential property, or to make London on working holidays. The month booking. R
improvements on a residential home you already own. In fact, you can even re-finance an accommodation varies from newly
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developed studio apartments to For more information call
Loans can be funded in AUD, GBP, Euro, NZD, USD. shared Antipodean houses. 0208 459 6203 T
Contact us, here in London 0845 077 0064, or email commbankuk@cba.com.au U
Rates are extremely competitive Alternatively please visit:
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Important Information. Commonwealth Bank of Australia account opening and lending criteria apply. The Commonwealth
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authorised and regulated in the UK by the Financial Services Authority (FSA). Note: The regulatory system applicable to
this business differs from that in the UK. H763 031207
www.martinwardanderson.com | Living in the UK Guide 25
H763 ICS 'Buying a house?' ad A5 MWA.indd 1 3/12/07 5:12:32 PMIt is easy to spend a fortune on always check transport links to your South
A
accommodation in the UK and proposed location of work. Spending Battersea
especially in London. However, hours on the underground is not fun Clapham B
there are still some good short-term and so finding a convenient location Southfields
C
options for overseas professionals to to live in is important. Shepherds Bush
choose from. D
As a registered candidate with Martin West
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Before you start looking, you need to Ward Anderson you can benefit from Acton
give some thought to which part of a range of accommodation offers Barons Court F
London you would like to live in. Flats in through our Privilege Card scheme. Ealing G
London vary greatly in terms of quality - Earls Court
ranging from shocking to luxurious. Accommodation London offers Fulham H
Martin Ward Anderson candidates I
To get a really good feel for their first night free when booking for East
an area including appropriate a week or 10% off mid to long-term Mile End J
accommodation costs visit: bookings. For more information visit: Shoreditch K
www.upmystreet.com www.accommodationlondon.net Stratford
Whitechapel L
London has many types of Share House Living M
accommodation on offer but the To find out where these are visit:
N
majority of our candidates tend to Depending on the location, size of
either opt for a share house living room and size of house being rented, www.multimap.com O
arrangement, short to medium term sharing individuals can pay anywhere www.streetmap.co.uk
P
let or lease agreement. between £50 - £250 per week.
Good websites and sources to look Q
Prices for accommodation differ If you are moving into a new share for share house living include:
R
greatly across London. A general house where you don’t know your
rule of thumb is that the further out housemates, make sure that you meet www.thegumtree.com S
of town you go, the cheaper the the majority of them before moving in. www.tntmag.co.uk
T
rent although, the areas further out www.loot.com
of London may not offer as many Popular areas for Antipodean/ www.intolondon.com U
amenities and your travel costs will be overseas travellers include; www.easyroommate.com V
higher. The distance from the nearest www.moveflat.com
tube or train station can also have an North www.flatshare.com W
Accommodation impact on prices. Camden X
Islington
Starting out in a new country Travelling will be a major Willesden Y
can often be overwhelming and consideration when selecting a flat so Z
26 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 27Important questions to ask before Because of this, it helps if you have Important points to note when >>
A
viewing share house accommodation: bought copies of bank statements letting:
showing steady payments of rent, B
>> How do you get there? previous rental agreements and landlord >> You will need four weeks rent
C
>> How many minutes walk is it to references from home with you. as a returnable deposit plus one
the nearest tube? months rent in advance. D
>> Is there more than one tube Important questions to ask before >> Advertisements for flats often
E
station near by? viewing potential flats/houses: give the price on a per-week
>> Which buses service the area and basis, although payment is usually F
how many minutes walk is it to >> Are there good safety features? monthly. The common way to G
the bus station/stop? >> How close is it to transport links? calculate rent for a property is on
>> How many people live in the >> Is it furnished? a per-calendar-month basis. This H
house? >> Does it come with kitchen goods? means that if the estate agent I
>> Do all flat mates have jobs – are >> Are there telephone and quoted the rent as £150 a week,
they professionals? broadband connections? the monthly rent will not be £600 J
>> Is it furnished? >> Is there any outdoor space? (£150 x 4 weeks), but rather, £624 K
>> How are the bills split? >> What amenities are near by? when calculated on a per-calendar-
>> What do bills normally cost? >> How much is council tax? month basis (£150 / 7 days x 30 L
>> What deposit will you need to >> Are there parking facilities? days). Over the course of your M
pay? >> Is there good storage space? tenancy, you will pay rent monthly,
N
>> Is there any noise pollution? usually by standing order, cheque
Letting a studio/flat/house or bank transfer. O
>> Furnished flats are common
P
It is possible to let studios for short, in London. They will include
mid and long-term periods. living room furniture, fridge, Q
cooker, kitchenware and utensils.
R
Short-term refers to any flexible stay Kitchenware usually includes only
longer than one week. Mid-term is enough items to cook basic meals. S
usually three to six months and long- >> On top of your rent, you will
T
term is for six months to one year. also have to factor in the cost
You will tend to find the shorter the of council tax, a TV license and U
stay the more expensive it is, whereas utility rates. There are strict and V
longer stays have contracts and expensive penalties for not paying
notice periods to be aware of. your council tax or TV license in W
the UK so it’s essential that you X
For a six month or over rental ensure you pay them.
agreement, you will tend to need to >> Utility bills include water, gas, Y
go through a credit checking process. Z
28 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 29>> electricity and telephone and Leases >> How much rent is to be paid, how check the property when you leave to
A
are generally paid quarterly. It is and when ensure that everything is in the same
important that when you move When you rent a private property, >> Amount of deposit and what it order as when you first entered. B
into a new property you ensure you will need to enter into a contract, covers
C
that the previous tenant has paid all most commonly known as an assured >> Your responsibilities as a tenant From your part, it is worth doing a
these bills. short-hold tenancy agreement. >> Your landlord’s responsibilities similar check on the property before D
>> The amount of council tax you are >> How the contract can be cancelled you actually move in or enter into a
E
charged will vary according to the These are usually made out for six to (break clause) tenancy agreement. A good time to do
area/borough you live in as well as twelve months and outline the terms this is when an estate agent or landlord F
the value and size of the property. and conditions of your stay at the Don’t sign a tenancy agreement first takes you to see the property. G
>> Ensure that you get a receipt for property. until you feel comfortable that all
your deposit and first rent payment. of the above points are addressed Some basic things to look out for H
It is also wise to have a legal For twelve month leases you can adequately. Once you sign, you will include: I
tenancy contract with the landlord, generally add a “break clause” that be liable to abide by the terms and
especially if you have handed over allows you (with one month’s notice conditions of the tenancy agreement. >> How is the general state of repair J
a large deposit. Without a contract, period) to leave the flat earlier than inside and outside? K
you as a tenant have no legal rights your contract specifies. It is advisable Inventory and checking the >> Are the windows and front door
and could find yourself out of to request this option. property lock secure? L
pocket. The contract also protects >> Is there adequate heating in each M
the landlord as well. A good tenancy agreement should It is common for a landlord to room?
N
>> The landlord has the right to include the following things: produce and ask you to sign an >> Is there a fridge and washing
deduct from the deposit any rent inventory of furniture and items that machine? O
payments that are due but have >> Time period covered by the belong to the property before you >> Any mould in the bathroom or
P
not been paid, as well as the cost contract move in. The inventory will be used to kitchen?
of replacing items or repairing any >> Does the bathroom have a Q
damage you may have caused at working shower?
R
the property. It is therefore worth >> Do you get hot water from the taps?
keeping the property in good order >> Does the toilet flush properly? S
and cleaning it regularly. >> Is there a smoke detector?
T
>> Never provide your personal or
banking information (e.g. credit If anything is missing or something U
card number) to a flatmate or needs repair, let the estate agent or V
landlord over the Internet. Once landlord know straight away so that
contracts are signed, exchange these can be addressed before you W
these details in person and insist move in. X
on receipts for any money you
hand over. A truly professional landlord will also Y
provide you with copies of gas and Z
30 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 31electricity safety certificates for the PRIVILEGE PARTNER ADVERTISEMENT: ST CHRISTOPHER’S INNS
A
property.
B
Good websites and sources to look
C
for flats to let in London include:
D
www.net-lettings.co.uk
E
www.hotproperty.co.uk
www.propertyfinder.com F
www.rightmove.co.uk G
Offer: 10% off accommodation and special deals if it is
Whether you are looking to rent a your first week in London or Edinburgh. H
self-contained flat, house or just a I
room, there are many ways to find When booking please quote that you hold a Martin Ward Anderson
a home to rent. Besides word of Privilege Card and present upon arrival. J
mouth, notice boards and classified K
advertisements in local newspapers St Christopher’s Inns and Hotels A basic Continental breakfast
such as Loot, you may opt to utilise consist of a group of seven budget of cereal, tea/coffee and toast is L
the services of a letting agency for hotels and nine youth hostels across included in the price of your stay. M
assistance with your search. the UK and Europe. All superbly St Christopher’s Inns and hotels
N
located, each one has a lively bar provide safe, clean, and cheap hostel
Accommodation and letting attached and provide Internet access accommodation in all locations. O
agencies are listed in the Yellow on a pay-as-you-go basis.
P
Pages. There are rules about St Christopher’s Inns and Hotels
how agencies operate and what Voted the Best Hostel Group are located in some of the UK and Q
services they can charge tenants in London – 2007, the Visit Europe’s most exciting towns and
R
for. They are not allowed to London Judges recognised that St cities.
charge you just to register or for Christopher’s Inns continue to offer S
supplying addresses and details of travellers everything they should For more information please visit: T
accommodation. expect from a modern hostel and a www.st-christophers.co.uk
real party atmosphere. U
Whilst some agencies don’t charge V
tenants at all, it’s not unusual for
charges to be made for drawing W
up tenancy agreements or for X
administrative costs.
Y
Z
32 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 33Arriving The Heathrow Express train travels to London Luton Airport
A
and from Paddington station every London Luton is located 32 miles
Most overseas professionals will arrive 15 minutes. For more information on from central London. B
into an airport. For a comprehensive Heathrow Express trains visit:
C
arrival and airport guide to all of the www.heathrowexpress.co.uk For more information on London
UK’s major destinations go to www. Luton Airport visit: D
visitbritain.com National Express coaches run a direct www.london-luton.com
E
service to and from London’s Victoria
Tip: Try to ensure that your flight station. For more information on Thameslink trains take 35 minutes F
arrives before 10pm and after 5am National Express visit: from central London, departing G
when flying into London so that www.nationalexpress.com from King’s Cross station. For more
you can make use of the much information on Thameslink Trains H
cheaper public transport such as the Gatwick Airport visit: www.thameslink.co.uk I
underground tube from Heathrow or Gatwick is located 28 miles south of
trains that connect to central London London and has two terminals. Stansted Airport J
from Gatwick, Luton and Stansted. Stansted is located in Essex 35 miles K
For more information on Gatwick from central London.
Airport visit: L
If you are travelling in on a working
holiday or Highly Skilled Migrant Visa www.gatwickairport.co.uk For more information on Stansted M
(HSMP) make sure that you have Airport visit: www.baa.co.uk
N
bank statements to hand with your Gatwick Express trains run every 15
flight documents to demonstrate that minutes and take about 30 minutes You can reach Stansted via a 45 O
you have adequate funds to support to reach London’s Victoria station. For minute train ride from Liverpool
P
yourself. more information on Gatwick Express Street station on the Stansted Express
trains visit: Trains depart every 15-30 minutes. Q
London Airports www.gatwickexpress.co.uk For more information on Stansted
R
Express Trains visit:
Heathrow Airport London City Airport www.stanstedexpress.co.uk S
There are four terminals. Where you London City Airport is located in
T
land or depart from depends on the the London Docklands area. From National Express runs coach services
airline and the destination where you Canning Town, Canary Wharf and between Stansted Airport and U
are arriving from or departing to. On Liverpool Street tube stations you can Victoria coach station every 15-30 V
the underground (tube), Heathrow get a shuttle bus. The journey takes minutes. For more information on
is located in zone six and is on the 10-30 minutes. National Express visit: W
Piccadilly line. www.national express.com X
For more information on London City
For more information on Heathrow Airport visit: Y
Airport visit: www.heathrow.co.uk www.londoncityairport.com Z
34 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 35Bankingin
Banking inthe
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36 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 37Banking in the UK (46838) 21/12/07 13:34 Page 3
Silver any worries. This handy and secure card is a safe alternative
A
The Silver account has been designed with you in mind – to cash without the hassle of changing travellers’ cheques.
you’ll receive a great range of benefits to save you time and For just £7.50, you can purchase a Travel Money Card in either B
money, plus all the standard benefits of a Classic account, euros or US dollars. Load your card with your chosen currency C
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38 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 39Banking
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Page 5
5
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40 Living in the UK Guide | www.martinwardanderson.com www.martinwardanderson.com | Living in the UK Guide 41You can also read
