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.
Product Changes from Pepper
As usual we like to give you a heads up of any product changes we make and keep you posted as to what we communicate to our registered brokers.
As you’ll know only too well swap rates have been ticking up again recently and as a response, we’re increasing rates across our range by 0.30% on 3-year fixed rates and 0.20% on all other products. These changes will take place overnight tonight.
Although our rates are changing, our flexible criteria and excellent service remain the same to help support many of your members/partners customers.
With our award-winning service and specialist support, we can help customers get the mortgage they deserve. We accept active DMPs as recently as 12 months ago, or a Default/CCJ registered as recently as 6 months ago.
Plus, we’ve removed the £250 Completion Fee on our Shared Ownership products and added a Free Valuation incentive to the 5-year fixed rate versions. These changes make our products more accessible to customers and boost affordability up front.