British Olympic athlete Katarina Johnson-Thompson has opened up on her struggles about getting onto the property ladder.
Heptathlete Johnson-Thompson gained a gold medal on the 2019 World Championships and competed on the London 2012, Rio 2016 and Tokyo 2020 Olympic Video games.
However regardless of her fame, she struggled to afford her first residence.
And because the cost-of-living disaster continues to chunk, the athlete has revealed that she is in assist of 95 % mortgage charges to assist extra individuals buy a home.
Talking on GB Information’ On The Cash, Johnson-Thompson advised Liam Halligan: “I had bother shopping for my first residence a few years in the past.
“I believe the phantasm of monitor and subject is, it was so good to say all these information and stuff, however many individuals, until they're ranked within the high 10 on the planet, wrestle to earn a good wage.
“For me the wrestle was that my profession is not going to final a lifetime and I’m going to most likely retire after I’m 35 and lots of banks don’t actually perceive that kind of fee setup.
“However with the rise in residing prices, many individuals are struggling to get on the property ladder for various causes."
She continued: “And the primary one, which is what Nationwide constructing society’s fee has discovered, is that deposit.
“That's the reason I’m comfortable to be supporting the 95 % mortgage charges which imply individuals solely want 5 % deposits.
“Sure that is the present local weather of the world, however individuals want that additional assist to get onto that property ladder.”
Post a Comment