Pepper cuts BTL product rates | Mortgage Strategy

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Pepper Money has made rate cuts of up to 0.10 per cent within its buy-to-let range.

In the Pepper 48 Light offerings, for two-year fixes the 65 per cent LTV with a flat fee has decreased from 3.30 per cent to 3.20 per cent and, with a 1.5 per cent fee, from 3.25 per cent to 3.15 per cent.

The 70 per cent LTV product with a flat flee has been cut from 3.35 per cent to 3.30 per cent and with 1.5 per cent as a fee, from 3.30 per cent to 3.25 per cent.

Meanwhile, in the five-year fixed Pepper 36 range, the 80 per cent LTV product with 1.5 per cent fee has been cut from 5.45 per cent to 5.35 per cent.

And in the same range, the 75 per cent LTV two-year fix with 1.5 per cent fee has seen its rate cut from 3.80 per cent to 3.75 per cent.

All of the BTL products above are available to individuals and limited companies.

Pepper Money sales director Paul Adams says: “This is just the latest in an ongoing set of enhancements we have made to our product range, which continues to be supported by one of the most impressive service propositions in the mortgage market.”


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