Rapper Professor Green has spoken candidly about struggling to get a grasp on his finances until he was in his 40s, and admitted that he may have to sell his house if interest rates rise again.

Born to a teenage mother and raised on a council estate in east London, Professor Green – real name Stephen Manderson – sold cannabis as a teenager before finding fame as a rapper.

But despite being a multi-platinum artist, the “Just Be Good To Green” musician has spoken in a new interview about his lack of financial literacy and why so many musicians are “not good with money”.

“It’s weird to get to this age and realise I’ve had no financial advice,” he told The i. “I’m 42 and I spoke to a financial adviser for the first time recently, which was very telling.

“I’ve got no real savings, no investments, no stocks, no shares, no ISAs. It’s hard to comprehend that I’ve got so much of my money tied up in a house that I don’t entirely own.”

Manderson then noted that, with interest rates currently at 3.75 per cent and a hike this year “not off the table”, his home could become unaffordable in the future.

“Now that interest rates are no longer 1.7 per cent, I even wonder whether I should sell my house and rent, to future-proof myself,” he said. “I’m forever on Rightmove, looking at houses I can’t afford.”

A father-of-one, Manderson fell into rapping while freestyling at a house party, before winning a rap battle tournament sponsored by MySpace in 2008 that won him £50,000.

While competing at the competition, he caught the attention of The Streets star Mike Skinner, who signed Manderson to his label The Beats. He later signed with Virgin, followed by Relentless and then Cooking Vinyl, and is currently signed to Gang Green Records.

“So many artists get chewed up, spat out and come out the other side of it with f*** all,” he said. “Everyone around them makes money – apart from them, because they’re good with words, songs and feelings, but they’re not good with money.”

Amongst appearances on The Masked Singer and Celebs Go Dating, Manderson has spent recent years speaking publicly about being diagnosed with autism and ADHD later in life and the impact that this has had on him.

He also works as a mental health activist and campaigner, largely as a supporter of suicide prevention charity CALM.