Pepper Money launches lowest ever buy-to-let rate

Essex Home Finance
Pepper Money has launched a range of limited edition residential and buy-to-let products.
The latest Finance and Property News2

“We regularly review our products and pricing and have identified an opportunity to create these new limited edition low-rate products for residential and buy-to-let customers.”

Pepper Money has launched a range of limited edition residential and buy-to-let products, including its lowest ever buy-to-let rate.

The Pepper 60 buy-to-let product is available as a five-year fixed rate at 3.13% up to 75% LTV. The product is available to customers borrowing in their own name or as a limited company and carries a flat 2% completion fee.

The residential limited edition is available on Pepper 48 light as a five-year fixed rate of 3.23% up to 65% LTV with a £995 fee.

Paul Adams, sales director at Pepper Money, said: “At Pepper Money, we aim to make mortgages more inclusive to a broader group of customers. To achieve this, we have built our lending criteria and underwriting to meet the needs of customers who are lesser served by the high street. This includes those who are self-employed, earn irregular income or income from multiple sources, customers with a thin credit file or adverse credit, first-time buyers and buy-to-let investors.

“It also means making our pricing as competitive as possible so that our mortgages are accessible to an even larger group of customers. We regularly review our products and pricing and have identified an opportunity to create these new limited edition low-rate products for residential and buy-to-let customers. We know these will prove popular and will closely monitor volumes and communicate with brokers to ensure they’re not left disappointed.”

Original Article from Financial Reporter 16/08/21

Get In touch

Leave this field blank
Mobile / Home Number
Please choose the closest match to your Mortgage Needs
  • Choose
  • First Time Buyer
  • Help To Buy
  • Homemover
  • Remortgage
  • Buy to Let
  • Equity Release
  • Insurance
  • Home Utilities
  • Nothing found
Essex Home Finance

(01245) 398466

Call Anytime

Address : 8 Kingsdale Business Centre, Regina Road, Chelsmford, Essex, CM1 1PE

Essex Home Finance Ltd is an Appointed Representative of Mortgage Intelligence Ltd which is authorised and regulated by the Financial Conduct Authority under number 305330 in respect of mortgage, insurance and consumer credit mediation activities only.

Registered address: 1 High Street, Chelmsford, Essex, CM1 1BE.

Registered in England & Wales under number 10607263.

Your home may be repossessed if you do not keep up repayments on your mortgage.

We do not charge for Residential First Time Buyers, Residential Home Movers, Residential Remortgage, and all Product Transfers (Residential or Buy to Let).

There will be a fee for all Buy to Let Purchase and Buy to Let Remortgage cases. Typically our fee will be £149, payable on Offer. We will agree any fees with you before we proceed with your case.

There will be a fee for all Equity Release Mortgage cases. Typically our fee will be £695, payable on Offer. We will agree any fees with you before we proceed with your case.

We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent Ombudsman. 

Our advice is covered under the Financial Ombudsman Service.  You may be able to submit a claim through the  EU Online Dispute Resolution Platform If you live outside the United Kingdom or if you prefer not to deal directly with the Financial Ombudsman Service.