Employees buy out WISEONE mortgage brokerage

Employees at Cheshire-based WISEONE mortgage brokers have bought out the firm’s co-founders.

Tim Rigden and WISEONE co-founder Paul Newbold established the directly authorised firm more than two decades ago, growing it into one of Cheshire’s foremost mortgage intermediaries.

After a remarkable 25-year career Newbold will retire in July, when Rigden will continue leading the business, supported by a newly appointed team of directors.

Rigden and Newbold strategically sold their shares to an Employment Ownership Trust in October last year, meaning the business is now owned by its employees through a trust.

Rigden said: “It’s been an incredible 25 years working alongside Paul, building WISEONE into the successful firm it is today.

“His dedication and expertise have been instrumental in our journey. While we’ll certainly miss his presence, we’ve been meticulously planning this transition, ensuring a smooth handover and reallocation of roles and responsibilities within our team.”

He added: “It truly empowers our staff and ensures that everyone is invested in our collective success.”

WISEONE will continue to operate as a DA partnered with TMA Club, which awarded the firm New Build Broker of the year in 2025.