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.
Huge Rate Reductions from Pepper Money
We’re delighted to announce fantastic rate reductions and enhancements to our product range, effective overnight tonight (Wednesday 11th September).
Here’s a summary of the key changes:
- Rates reduced by up to 1.00%
- AVM offering enhanced. We will now accept more remortgages through this route
- Maximum age increased to 80 years old*
- Up to 5% Builder’s Deposit is now accepted
*Earned income accepted up to 75.
Why are we making these changes?
Following a greater sense of stability reflected in the declining swap rates, we’re taking the opportunity to update our product range to boost our competitiveness. This will strengthen Pepper’s position as a leading specialist lender and help us support more of your customers.
When will we communicate these changes?
The launch communications will be distributed on Thursday 12th September.