Here is the latest update from Pepper Money. You can access Pepper Money products through our direct to lender mortgage club and get the benefits of payment on completion. You can also use our Fees Free Mortgage Packager.
Change to Max LTV and Improved Rates for Self Employed
As of today, Thursday 16th May, we are:
- Reducing our maximum LTV to 95%*
- Updating our rules for Self-employed borrowers who will now qualify for the same rates as employed borrowers.
These changes are live in SWAN now. Pipeline cases will be unaffected.
A reminder of how we can help your self-employed borrowers.
- Same rates as employed borrowers and up to 95% LTV.
- Latest year income used across all product ranges.
- 2 years’ acceptable income proof required on Prime and XLTV.
- 1 year acceptable income proof required on Plus.