Pepper Money will again allow customers to use its mortgages for let-to-buy transactions.

The specialist lender’s buy-to-let products can now be used by borrowers looking to rent their home, rather than sell it when they move.

Pepper’s buy-to-let mortgages are available up to 80% LTV, with rates on its core range starting at 3.20%

The specialist lender has also recently launched a limited edition Pepper 60 product, suitable for customers who haven’t had a CCJ or Default in the last 60 months, with a 5-year fixed rate at 3.18% available up to 75% LTV.

Pepper Money sales director Paul Adams says: “Increasingly, customers would rather remortgage their home to let it out rather than sell the property, and let-to-buy provides the flexibility to do just that. We can fund the mortgage on the property that is being let out, or the onward purchase, or both.”