We are independent mortgage experts who specialise in mortgages for cricket profesionals. We understand the intricacies of your contracts and can help you find the best suited mortgage for you. Read on, or request a call today.
Mortgages for Cricket Professionals
Prospect Tree Mortgages specialise in obtaining mortgages for professional and semi professional sports people. We have in depth knowledge of lenders criteria, which is invaluable when sourcing mortgages for any niche profession or client type. We work with Cricketers with various contract lengths including players who have recently received their first professional contract.
I highly recommend getting the best advice possible and there is none better than Prospect Tree Mortgages
Daniel Bell-Drummond – Kent Cricket Club
Some of the Cricket Professionals we’ve helped…
Matt Quinn – Kent Cricket Club
Ollie Robinson – Kent Cricket Club
Fred Klaassen – Kent Cricket Club
A Cricket players income
Similar to a professional footballer, a professional Cricket player will have a contract with a Club that employs them. The contract length can vary but will have a commencement and termination date. The Cricket Clubs’ approved contract will stipulate the basic income. The contract will also state the basic salary, match fees and any individual and team bonuses a player may receive.
A big thanks for Prospect Tree, a top draw service, communication was excellent and made it a very smooth process
Fred Klaassen – KCCC/ Netherlands International
The world of professional Cricket is moving at a rapid pace, with more opportunities available within the UK and abroad as more and more limited over tournaments pop up. If you are lucky enough to be selected to play in any of these tournaments you will likely be paid in a foreign currency and have a potential tax liability overseas. Some lenders in the UK will not be able to use this income if not declared properly.
Everything went really smoothly and I am really happy with it. Couldn’t have asked for a better service
Matt Quinn – KCCC
We would always recommend discussing the best way to do this with a qualified accountant to make sure you are in an informed position prior to applying for a mortgage.
How do mortgage lenders treat cricket contract income?
Not all lenders are happy to lend where the contract is not permanent. This excludes many sports professionals on fixed term contracts, such as professional Cricket players.
As an independent Mortgage Broker with access to the entire mortgage market we work with lenders that will use 100% of the basic salary plus any bonuses received. In addition, many of the players we work with have income from advertising and sponsorship.
It is often the case that a player may have set up a Ltd company for additional income sources such as these and others. We will be able to find the right lender that will use this income in addition to your main contracted income.
Contact us
Prospect Tree Mortgages specialise in securing mortgages for Cricket professionals. As a professional, Independent Mortgage Brokers, we have access to lenders that can be flexible with their lending criteria.
Thank you Prospect Tree… for all of the great advice you have given me. I highly recommend them.
Ollie Robinson – KCCC
When securing a mortgage for Cricket professionals we will use our knowledge and contacts to ensure we secure the best possible terms for your situation. We work on your behalf so that you do not have to take time out of your busy day to negotiate with mortgage lenders. We secure both Residential and Buy-to-Let mortgages on UK property.
Find out how much you could borrow by speaking to one of our experts today
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Get in touch
Prospect Tree Mortgages, Acorn Barn, Wembdon Business Park, Smeeth, Ashford, Kent TN25 6SZ
Telephone – 0800 8620 840
Email – contact@ptmortgagesltd.co.uk
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A mortgage is a loan secured against your home or property. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. Click here to see our fee info. Think carefully before securing debts against your home or property. The financial conduct authority does not regulate most forms of buy to let mortgage. Prospect Tree Mortgages LTD is the appointed representative of TenetConnect Services Ltd, which is authorised and regulated by the Financial Conduct Authority. TenetConnect Services Ltd is entered on the Financial Services Register (www.fca.org.uk/register) under reference 150643. Prospect Tree Mortgages Ltd is registered in England and Wales under reference 10112043. Registered Office Address: Acorn Barn, Wembdon Business Park, Smeeth, Ashford, Kent, TN25 6SZ. The information contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.