With the World Cup 2018 having kicked off in Russia, it would be rude not to link a Mortgage blog to football in some shape or form!
Football may be known as the beautiful game, but the amount of money thrown around across domestic clubs at home and abroad has arguably spoilt the game that is known in Britain as the working man’s game.
When you take wages into account, at one end the sport you’ve got Premiership footballers earning millions in a matter of minutes and at the other, lower league clubs potentially reliant on survival through current sponsorship and fan’s spending power.
After all, why would a professional footballer worry too much about their mortgage spending? Hypothetically they could buy a whole street without feeling much of a dent in their wallet – but what about the rest of us – those who are considered the norm?
While it’s no surprise that the likes of Lionel Messi, Cristiano Ronaldo or Neymar probably won’t be submitting a mortgage application anytime soon after their World Cup commitments, professional sportspeople are essentially self-employed with complex incomes.
Nonetheless, an athletes professional career can be a short lived journey, whether it be on a football or Rugby pitch, to a boxing ring or tennis court. Upon retirement, some may choose to head into a media role as TV and radio pundits, earning good salaries long after their playing career comes to an end.
Perhaps the best sporting chance that borrowers with financial complexities have to secure funds will soon be found in the specialist market.
In addition, to lend successfully in the current lenders you will need to be pragmatic, understand the profile of the borrower and the risk involved. If that means adapting to the world as it is now, then so be it.
A one size mortgage for all obviously doesn’t work, but neither does excluding borrowers who have complex, but nonetheless valid incomes.
Here at Liddle Perrett, we use our professional experience to personally coordinate your mortgage from start to finish, ensuring everything runs smoothly, from finding you the most suitable mortgage to helping complete all necessary paperwork. Whether you’re at the bottom or top of the property ladder, we can help you with your mortgage queries.
You’re only a small call away from getting your finances back on track with Liddle Perrett, we’re able to help soften the blow should tough times occur in the future. Make sure you, your family and your home are adequately protected.
For Mortgage advice please contact:
David Liddle on 0345 894 8441 or firstname.lastname@example.org.
For Protection advice please contact:
Sarah Buckingham on 0345 894 8441 or email@example.com.
For General Insurance advice please contact:
Jade Topliss on 0345 894 8441 or firstname.lastname@example.org.
Your property may be repossessed if you do not keep up repayments on your mortgage.
This firm usually charges a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the earliest opportunity.
Liddle Perrett Ltd is an Appointed Representative of PRIMIS Mortgage Network. PRIMIS Mortgage Network is a trading name of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products.