Ben and Erin’s
Success Story

Background: Ben set up his own business as a Dog groomer and Dog Walker just over 2 years ago. Since then, he has been working tirelessly building up his clients and posse of dogs. Erin is an aspiring project manager finding her feet in the industry and gaining her experience. Since Ben got married to his lovely partner Erin, they decided to buy their first home together.

Challenges: Ben was faced with a complicated situation which is common to newly self-employed applicants. He had a loss in his first year of trading and then a profit within his second year. This was expected due to his expenses outweighing his income as he grew the business to where it is today. Unfortunately, he found himself being declined with high street lenders and felt there was no way moving forward until being recommended to speak with our experts at NewWave.

Solutions:  Ben and Erin were recommended to use our services following another self-employed client who a great experience with us. They swiftly got in touch and was introduced with one of our expert mortgage consultants. Their expert Callum carried out a financial assessment of their information and devised a solution that best suited their circumstances. Our in-house pre-underwriting team ensured the case was fully packaged to be approved by the lender. This removed any anxiety given their previous experience with rejected applications.

Results: Due to our common-sense approach, Ben and Erin secured the property they had set their eyes on from the very beginning. This was all approved due to the way the case was positioned with the lender following our review of Ben and Erin’s financial situation. Shortly after, they moved into a house they could finally call home. And their beautiful labradors, Loki, Roghan and Wallace are loving their new garden too.

In Their Own Words: “It has been a great feeling getting this house as it is our very first home. It has given us the freedom to be able to take the next step in our lives and it’s a special little place that we can call our own. Callum has been extremely helpful as we were first time buyers. He was able to answer any and every question that we had. He was also by our side every step of the way. Communication was very easy and super quick; we would highly recommend him to anyone but especially to first time buyers and sole traders”

How would you describe your experience?

Dealing with Callum was a great and comforting experience being first time buyers and self-employed. He was able to answer any questions we had and any problems we were faced with the whole way through the process of buying our first home. We were in safe hands with Callum, and he was able to advise us on the best products for our circumstances.

Why New Wave?

As we were recommended to NewWave as a sole trader and was forever grateful with the help and guidance provided by Callum and the team. We would highly recommend NewWave to any First-time buyers and newly self-employed applicants.