Background: Daniel is now the owner of his own financial services company. He was employed in the same line of work for over 6 years and decided to set up his own business and create a name for himself in the industry. He is continuously growing his business and was on the path to buying his dream home with his lovely partner Emma.
Challenges: Daniel found himself in a position that many self-employed people find themselves in. He had just one years’ worth of self-employed income. He approached lenders and other brokers directly, resulting in being turned away as they wanted 2-3 years’ worth of income proof.
Solutions: Daniel came across our website when looking for mortgage brokers that help self-employed applicants. He was swiftly contacted by Callum, our experienced self-employed mortgage expert. Callum created a plan of action that was tailored specifically to Daniel and Emma’s situation. This meant they could confidently make an offer on their dream home within a matter of days.
Results: Thanks to our industry knowledge and tailored self-employed approach, Daniel and Emma were able to buy their dream house. This was achieved by expertly matching them with a lender that would accept just one year’s self-employed income. This allowed Daniel and Emma to get the house they wanted without having to find a bigger deposit.
In Their Own Words: “Working in the industry as a financial adviser, I knew getting expert advice was important, the position I was in wasn’t the usual case, recently transitioned self-employed, because of this I didn’t think there would be much chance. I can honestly say Callum is an asset to the business, from memory initial application to offer was just over a week, nothing was too much bother, his back-office team also ensured they provided support all the way to completion. They are experts at working with self-employed business owners and know the market well”
How would you describe your experience?
Dealing with Callum and the team at New Wave was a seamless and straight forward process. In a process that can feel daunting and unpredictable, I felt 100% comfortable with the process and communication that was given from Callum and Chloe. Callum provided accurate and understandable advice, eliminating all the jargon that comes with the buying process.
Why New Wave?
Feedback from existing clients on review sites gave me some confidence I was with the right company, following an initial meeting with Callum, he set the tone well and provided a great first impression. Based on this I have recommended New Wave and Callum to a lot of people in my industry as we are all in the same position.