Being self-employed offers freedom and flexibility, but when it comes to getting a mortgage, it can feel like an uphill battle. Traditional lenders often struggle to understand self-employed income, leaving many freelancers, contractors and limited company directors feeling frustrated or rejected. Worse still, when they are accepted for a mortgage, they‘ll often find themselves paying higher interest rates than necessary. New Wave exists to change that. We focus solely on self-employed mortgages and have helped thousands of clients across the UK secure the finance they need on the best terms possible.
How Do I Know If I Can Qualify?
With New Wave’s six-step process, you’ll have clarity right from the start as to what you may qualify for. By examining your income, credit profile, bank statements and overall financial situation, we identify potential obstacles before any application goes to a lender, making for a smoother overall process without any nasty surprises.
Even if you’re not ready to apply today, our new digital course built just for the self-employed provides a step-by-step guide to get you in position for a mortgage in the future, potentially saving thousands in tax along the way.
What Makes New Wave Different?
What sets us apart is our focus. Unlike general brokers, we only do self-employed mortgages. This means we’re experts in our field, and allows us to anticipate common pitfalls and optimise every application to maximise borrowing potential. Our in-house underwriters review your documents before submission, bulletproofing your application and setting it up for success. Every mortgage we recommend is bespoke, tailored to your unique circumstances.
Can I Borrow Enough for the Home I Want?
Lenders often underestimate self-employed income, but we know how to present it correctly. It doesn’t matter if you’re a sole trader, contractor, or limited company director; we will structure your income in a way that can increase your borrowing potential beyond standard limits. Our approach helps you secure your ideal property without stretching your finances, even for high-value purchases that might be challenging through conventional channels.
How Can I Avoid Delays or Rejections?
Many self-employed buyers face delays because lenders approach applications cautiously – New Wave minimises these risks. We pre-check all your documentation, review your bank statements line by line and identify potential questions before submitting the application. By resolving issues upfront, we simplify the process, speed up approvals and reduce stress, leaving you free to move forward with confidence, knowing every aspect of their application is handled by experts who understand the lender’s expectations.
Why Should I Start Planning Now?
Waiting until you find a property can cost time and money; early planning allows you to position yourself for a mortgage in the quickest, most efficient way. Our Blueprint service helps you map out the next 6, 12, or 18 months, showing you what steps to take, how to maximise your borrowing and how to save thousands along the way. Acting now means you’ll be ready to secure your dream property when the time comes, without unnecessary delays or added stress.
Take the Next Step
The easiest way to find out your mortgage potential is with a free 15-minute strategy call. One of our experienced consultants will walk through your circumstances and show you the steps to get moving toward your ideal home. No obligation, no fuss – just clarity and a clear plan.
