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.
Introducing Pepper Flex, a way to give more of your customers the mortgage they deserve.
For a broader range of people that were once just outside of our standard criteria, we’re now saying ‘yes’. And we’re doing it without raising rates or adding product-range clutter. We adjust the completion fee to fairly reflect the additional flexibility required.
It means more can access a competitive mortgage instead of higher interest for the life of their loan, without additional hassle for you.
Who it helps
Pepper Flex opens up our products to a broader range of customers, including:
*Customers who’ve started a new job or in their probationary period
*Those who are married but applying as a sole applicant
*Applicants who’ve missed a payment on a fixed-term unsecured credit agreement in the last 6 months. Max 85% LTV
*People who’ve taken out a payday loan in the last 12 months. Max 85% LTV