“I was struggling to find a mortgage lender for my unconventional income streams. I used Play-Ex and got connected to a broker within seconds. An excellent, easy to use platform I can highly recommend.”
Jon-Allan Butterworth
MBE British Cyclist
At some stage in our lives most of us will want to get on the property ladder. This means getting a mortgage.
For the general public it’s usually just a case of heading to the local bank to get the ball rolling. But things aren’t so simple for professional athletes.
Sports professionals are often locked into short-term fixed contracts, which means they are often bracketed as a high risk, despite their potential high net worth. The situation is made worse because standard mortgage providers consider professional athletes to be a high injury risk.
Play-Ex connects you with specialist mortgage brokers who will understand the details of your professional profile and the risks of your specific discipline, enabling you to source a deal that suits your requirements perfectly.
How a specialist mortgage broker can help
Professional sportsmen and women are an unattractive prospect to banks for a number of reasons.
As an athlete, your income may arrive through a few different sources – a fixed term contract, sponsorship, win bonuses, or through advertising deals.
This isn’t such a problem if you’re on big money, but most sports pros have inconsistent levels of income that aren’t guaranteed. The set-up doesn’t inspire confidence among lenders.
Unlike banks, specialist mortgage brokers exist precisely to help out sports people and others whose careers are outside the norm. Here’s how they can help:
1. A mortgage that matches your unique profile
No matter where you are in your career, by turning to a specialist mortgage broker, you’ll be able to talk through all opportunities and options open to you.
2. Greater market reach, more options
Unlike most banks, a specialist broker will have whole-of-market reach instead of being tied to a panel of mortgage lenders.
3. Save money
Specialist mortgage brokers will charge fees, but their expertise means you’re more likely to get a fairer, bespoke mortgage deal than can be provided by a bank, building society or credit union.
Straight-talking, simple, transparent.
Play-Ex offers a free, inclusive service with no management fees, no contract and no obligation.
Services are presented on a seamless platform available on smartphone, tablet and laptop.
Play-Ex is an independent platform. Just impartial connections with the right service at the right time.