Why is it difficult for a non homeowner to get supercar finance?

At some point in your life you will get yourself on the property ladder and to do that you need to have sufficient deposit as well as an income and credit profile that a bank will accept.  Once you have your property you have in most cases a 20 year obligation to pay the mortgage back. 

This commitment gives other lenders confidence in your ability and intent to repay your financial commitments. Making it easier to obtain your supercar finance. 

However in some parts of the country it is simply too expensive to buy or you maybe in a circumstance where you are happy to rent as it suits your requirements. 

Should that be a hurdle when obtaining a lease purchase for your supercar? 

Having a mortgage will help your credit score, but don’t worry if yo have a low credit score, GT HUB can still help you get supercar finance

GT HUB will offer lease purchase agreements for non homeowners. There are criteria that the applicant must meet which our friendly underwriters will talk you through. We will consider non homeowners as we look at other key factors when assessing the risk.

Are you ready to buy your first supercar or adding to your existing collection? GT HUB are the experts in helping non conventional applicants obtain supercar finance.