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 Withdrawal Notice
We are increasing rates across our product range overnight on Tuesday 12th March.
If a broker wishes to secure one of our existing products, they need to have submitted the DIP. They also need to have taken it to DIP illustration produced status with a chosen product, by 5pm on Tuesday 12th of March.
Full mortgage applications for the withdrawn range need to have been submitted with fees paid by Midnight on Wednesday 20th of March.
Our new rates are now live
In response to swap rate movements, we have increased our rates by 0.25% across the range.
We’ve held off making these changes for as long as possible to give you brokers and customers access to the best possible rates we could. Whilst we’re now making these changes, we always ensure we give you as much notice as possible.
Our rates are changing, but our inclusive criteria and excellent service remain the same to help support you and your customers. With our award-winning service and specialist support, we can help your customers with recent credit blips, a DMP as recent as 12 months ago, or a Default/CCJ registered as recently as 6 months ago.
Plus, we’ve added free valuations to our Retention product range (which is separate to our PT offering). Offering customers who are out of their promotional period the opportunity to switch to a new rate or make further changes to their current mortgage, such as additional borrowing or changing the mortgage term.