Pepper Money reduces residential rates

Essex Home Finance
Pepper Money has made changes to its residential products, with rate reductions, new criteria categories and improved LTVs.
The latest Finance and Property News2

The specialist lender has cut rates across its residential products and introduced new LTV categories at 65% and 70%, with the lowest two-year fixed rate now available from 2.98%.

At 85% LTV, Pepper Money has introduced a range of two-year fixed rates available from 4.28%. It has also reintroduced products at 80% LTV on the Pepper 24, including free valuation options.

For customers with more recent financial blips, Pepper Money has relaunched its Pepper 6 range, which can accept defaults and CCJs registered as recently as six months ago.

In addition, Pepper Money has increased the maximum LTV available on its range for customers on a Debt Management Plan to 75%.

Paul Adams, sales director at Pepper Money, said: “We’re really excited to introduce such an extensive range of improvements to our residential products in order to support brokers and their customers in the run up to Christmas.

“What’s more, these changes are backed up by a speed of service that means we are currently within 24 hours at every stage of our process and, with a dedicated case owner accessible to brokers on every application, there is plenty of reason for festive cheer.”

Original Article from Best Advice 01/12/2020

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.