Mortgage Brokers, Guardians of the Self-Employed Mortgage Galaxy

“I’m self-employed, so how is a mortgage broker going to help me?” is one of the key questions that our stars at New Wave are most frequently asked by the self-employed.

In answer to that question, we explain that mortgage brokers can expertly orbit their way around the mortgage universe (and its space debris) to find and select the best mortgage deal for you.

Done properly, you will land your new property safely. However, if you miscalculate your trajectory – by not following the right process – you might find yourself throwing your money into a big black hole, whilst your deal crashes and burns.

To sum it up in a comet-sized nutshell, mortgage brokers – the guardians of the mortgage galaxy – will help you to follow a process that will get you your self-employed mortgage, whilst saving you money.

Here’s how:

With the support of a mortgage broker, you’ll have a much wider range of mortgage options available to you. This is because they’ll comb the entire mortgage universe in search of the best deal for you. Arguably, this sizeable effort is light years ahead of the dim effort that traditional high street banks put into the task.

Unfortunately, these banks are restricted in terms of the number of products and solutions they can offer the self-employed. But New Wave’s mortgage brokers have the knowledge and experience to be able to match a client with the right lender for them. And a lender’s appetite will change from week to week. And so, unless you’re submitting the high volume of applications that we are, you will not know what the lenders’ appetite is. Ultimately, by being able to tap into the wider range of options that we have access to, you’re more likely to be able to buy your dream home.

There are seemingly as many mortgages out there as there are stars in the sky. And so, a mortgage broker will compare thousands of different mortgage products to find you the best deal and ensure that you’re not paying any more than you need to. New Wave’s knowledgeable mortgage brokers also know the strategies that enable them to utilise your income in a way that will help save you thousands of pounds in tax.

From painstakingly preparing documents to dealing with estate agents, it feels like there are an infinite number of tasks that you need to carry out in order to get a new mortgage. Whilst New Wave’s mortgage brokers are not timelords, they can certainly save you precious time by expertly and diligently carrying out these tasks for you. We’ve calculated that, by working with a New Wave mortgage broker, you can save up to five days’ work – worth thousands to many self-employed people – allowing you to focus on running your business and making money. And, as we know, money makes the world turn round.

At New Wave, we are unique in that our sole focus is the self-employed. New Wave’s mortgage brokers have the knowledge and expertise to pair the right cases with the right bank. This sky-high level of expertise is acquired through hard work. Each of our brokers must complete at least a year’s training with New Wave, in the self-employed mortgage sector, before they’re able to speak to our clients. Even if they’ve worked in the industry for 20 years, they must complete New Wave’s continuing professional development (CPD) 12-month training programme so that they can be signed off as a fully-qualified, self-employed mortgage specialist.

Moreover, New Wave’s expert underwriting team also has the knowledge and experience that enables them to know exactly what the criteria of particular lenders is. It’s a huge investment for New Wave but having this team as our mission control is the only way that we’re able to ensure that your mortgage is going to be accepted.

So, if you’re a self-employed borrower navigating the vast expanse of the mortgage galaxy, New Wave’s mortgage brokers are your guardians, guiding you towards the perfect mortgage solution. With our expertise, we can help you navigate the intricate self-employed mortgage process, expand your options, and ultimately save you time and money, every time.

Trust the New Wave team to be your interstellar support system, helping you to land safely on the planet of your dream home.