Pepper Money slashes rates on 100 fixed rate mortgages | Mortgage Strategy

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Pepper Money has cut the rates on more than 100 fixed rate mortgages and has launched 30 tracker rates.

The largest rate cut sees the 75% LTV two-year fixed rate Pepper 24 priced at 3.5%, while the Pepper 60 remortgage range now starts at 2.4% on a two-year fixed rate with 55% LTV.

The 55% LTV five year fixed rate Pepper 60 remortgage is priced at 2.8%.

Within its buy-to-let range, the firm has released a Pepper 60 two-year fixed rate product, priced at 2.99%, with up to 75% and 80% LTV.

The largest reduction on the buy-to-let range is the Pepper 60 five-year fixed rate that is now priced at 3.13% up to 75% LTV.

The 30 new tracker rates start from 2.4%.

Pepper Money sales director Paul Adams says: “Our commitment to financial inclusion at Pepper Money means that we do everything in our power to make our mortgages as accessible as possible to as many customers as we can.

“We are pleased to be able to cut more than a hundred rates by up to 0.75%, making many of our mortgages even more affordable.

“The launch of our tracker mortgage range consisting of 30 rates is ideal for those who do not want to be tied into a fixed rate.”


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