New Street Mortgages

New Street Mortgages was established to address a gap in the UK mortgage market for borrowers with complex but strong income profiles. The lender recognised that many professionals — including IT contractors, freelancers, business owners, and those with portfolio careers — were being underserved by mainstream lenders whose automated systems struggled to assess non-standard income.

New Street combines specialist manual underwriting with modern technology to deliver faster decisions on complex cases. The lender's underwriting philosophy focuses on the borrower's true earning capacity rather than rigid income calculations. This means they can consider day-rate contracting income, retained profits, dividend income, and multiple income streams in ways that high-street lenders often cannot. New Street's platform allows brokers to submit cases electronically and receive rapid feedback.

New Street Mortgages operates exclusively through the broker channel and has built a reputation for clear communication, transparent criteria, and pragmatic underwriting. The lender offers competitive rates that often compare favourably with high-street products, particularly for self-employed borrowers and contractors who would otherwise face premium pricing. New Street has grown steadily by maintaining a tight focus on residential lending for complex income borrowers.