The Client Background
A broker approached Positive Lending on behalf of a self-employed applicant looking to purchase a residential property.
The client earned their income primarily as a social media influencer, creating a more complex income profile than many mainstream lenders are comfortable with. In addition, the application required a high loan-to-value of 95%, making lender selection and case presentation critical.
With the purchase progressing quickly, the broker needed a packaging partner who could move at pace while ensuring the application was presented accurately and efficiently.
The “Positive” Solution
Positive Lending worked closely alongside the broker throughout the process, providing hands-on packaging support from submission through to completion.
By identifying Vida as the right lending partner and ensuring the self-employed income was presented clearly, we helped the lender gain confidence in the applicant’s affordability despite the non-traditional income source.
The Loan
Product: Residential 2 Year Fixed Lender: Vida
Loan Amount: £522,000
Monthly Payment: £3,169.85
Rate: 6.78% fixed for 2 years
LTV: 95%
Broker Commission: £3,657.50
Process: Positive Lending Packaged for the Broker
The case required constant communication and rapid progression, with our team remaining available whenever needed to keep the transaction moving.
As a result, the mortgage completed just 7 working days after submission.
The “Positive” Outcome
The client secured a £522,000 residential mortgage with Vida at 95% LTV on a 2-year fixed rate of 6.78%.
Despite the combination of high LTV and self-employed income from social media activity, the purchase completed in just 7 working days, allowing the client to secure their new home without delay.
Why Choose Positive?
Some residential cases require more than simply submitting an application. Positive Lending works alongside brokers to identify the right lender, package complex income correctly, and keep cases progressing when timescales are tight.
Whether it’s high LTV lending, self-employed applicants or unusual income sources, our experienced team helps brokers deliver successful outcomes.