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.
Lender Fee, SWAN Maintenance & Communications Event
Lender Fee
Following a review of our products and the current market, we will be making the following changes to our five year fixed no ERC lender fee. The new lender fee for this product will be as follows:
£5,000 – £200,000 – £1,295 fee
£200,001 + – £1,995 fee
This change will take effect on all new applications scored from Friday 22nd July 2022 and applies to both Prime and Plus product ranges. All pipeline cases may continue with the current fee until 20th October 2022 (90 days).
All other existing lender fees will remain the same.
Updated Broker Packaging Guides will be sent out in due course.
Communications Event
Please note that due to our monthly communications event, our offices will close at 4pm on Tuesday 2nd August.
SWAN Maintenance
Please be advised that SWAN will be offline for essential maintenance from Saturday 23rd July around 12pm until Monday morning (25th).
You will not be able to view or score any applications during this time.