Professional sportspeople and celebrities can often find it hard to obtain a mortgage. This can be because you do not get paid in the usual way. Earnings are often not regular and your outgoings can be difficult for some lenders to categorise. Sportspeople are also likely to retire in their mid-thirties.
This should not be a reason not to find finance. Although some high street lenders do not compete in this market, Mather & Murray Financial have excellent relationships with lenders who do specialise in this type of finance and we help advise clients to make the right choice.
As a mortgage is secured against your home or property, it could be repossessed if you do not keep up the mortgage payments.
Some types of buy to let mortgages are not regulated by the Financial Conduct Authority.