Pepper Money has brought out a set of new residential remortgages under the Pepper 60 range.

Available at up to 85% LTV, here rates for a two-year fix are priced at 4.23% and, for a five-year fix, 4.18%.

At up to 65% LTV, the five-year fix is set at 2.80%. The lender has also introduced a 55% LTV option, which sees the two-year fix at 1.98%.

These products have been designed for potential borrowers who haven’t had a secured missed payment, DDJ or default or an unsecured missed payment in the last 12 months, as well as self-employed workers with three years of trading history.

Pepper sales director Paul Adams says: “The introduction of Pepper 60 and a new LTV option at 55% is a further demonstration of Pepper Money’s commitment to improve and expand our proposition to offer a diverse range of options to support our broker partners in helping more customers. The new products enable us to provide some of our lowest ever rates.

“We’re sure they’ll prove extremely popular with remortgage customers.”