Pepper Money launches limited edition 75% LTV resi products | Mortgage Strategy

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Pepper Money has launched a range of limited edition residential products available up to 75% LTV.

The specialist lender says the deals are offered on Pepper 48 and Pepper 36, which are suitable for customers who have not had a county court judgment or a default in the past 48 months or 36 months, respectively.

Pepper 48 limited edition loans are available at 3.07% on a two-year fixed rate, and 3.10% on a five-year fixed rate.

Pepper 36 limited edition mortgages are available at 3.15% on a two-year fixed rate, and 3.25% on a five-year fixed rate.

Loans across both ranges include free valuations, with a completion fee of £995.

Pepper Money sales director Paul Adams says: “Our objective at Pepper Money is to make mortgages more inclusive to a broader group of customers.

“We look to achieve this through clear criteria, sympathetic underwriting and, of course, competitive pricing.

“We always look to offer the best rates we can and, on occasion, we are able to market very low rates for a limited period of time.

“We are sure these will prove popular with brokers and look forward to our new limited edition residential mortgages opening the door for even more customers.”

Earlier this week, the lender said it will introduce automated valuations on residential remortgages “where appropriate.”

It added, this move will streamline its remortgage process, resulting in a much faster assessment for offer.


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