Obtaining a mortgage as a sports professional can sometimes be a challenging and difficult process. Due to the longevity of a typical sports professionals career and their earlier than normal retirement ages, lenders are concerned about their ability to pay the mortgage not only for now but in the future. Without the correct provision a sports professionals income could significantly drop post retirement or should their career end abruptly, this plays a large role when a mortgage application is assessed.
Having a broker that understands how a sports professionals income is structured i.e. short term contracts, sponsorships, image rights as well as the individual career profile and progression prospects are essential for when arranging property finance.
At Faye Richards Private Finance we have experience of working with a range of sports professionals such as premiership footballers, rugby players and GB athletes which means we know how to get the best outcomes for these types of clients. Understanding our clients profile and presenting the application correctly to the lender ensures we achieve the right lending solutions.
Our friendly brokers will guide you through the process, sitting in between you and the lender, we know which lenders are more comfortable with lending to sports professionals and what documents and information is needed to get a positive outcome with your application.
So whether you are a first time buyer or an experienced landlord looking to build a portfolio to provide an income in retirement we can help. We will be happy to liaise with your accountant, agents and/or family to ensure a smooth process.
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Faye Richards Private Finance is a trading style of Faye Richards Private Finance Limited. Registration number: 950504. Faye Richards Private Finance is an appointed representative of Paul Isherwood Ltd which is authorised and regulated by the Financial Conduct Authority (FCA), registration number: 827929.
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