Pepper Money has boosted its limited edition residential product range for customers with patchy credit histories, which is now available up to 85% loan to value.

The specialist lender says the limited edition range is available on its Pepper 48 product tier, which is suitable for customers who have not had a county court judgment or default over the past 48 months.

It adds this product tier is also suitable for customers who fail a credit score with a mainstream lender or those with recent unsecured missed payments.

This range was originally only available as a single product up to 75% LTV, the expanded suite now covers options at 65%, 75%, 80% and 85% LTV.

These products are available on both two-year and five-year fixed rates, with prices starting from 2.90% on two-year and 2.95% on five-year, respectively.

This range offers free valuations, with a completion fee of £995.

Also, the lender has cut the completion fee on its existing limited edition Pepper 60 buy-to-let product, from 2.00% to 1.00%. This product is available to individual landlords and those operating in a limited company structure.

Pepper Money sales director Paul Adams says: “We’re proud to continue evolving our product range to meet the needs of brokers and their customers and our updated residential limited edition products are now available to customers with smaller deposits. This means that even more people can benefit from our low limited edition rates.

“We also understand the challenges that landlords face in the current environment, and so we have reduced completion fees on our buy-to-let limited edition. We are sure these new and updated limited editions will prove popular with brokers and look forward to continuing to open the door for even more customers.”