Pepper Money has launched home loans under the Right to Buy scheme, which strengthens its affordable homeownership range. 

The specialist lender says the scheme allows eligible council and housing association tenants in England to buy their home with a discount of up to £96,010, or up to £127,940 in London. 

These loans will sit alongside others in the firm’s affordable home range, which includes shared ownership and Help to Buy mortgages, as well as Help to Buy remortgages. 

It says the “range features broad, inclusive criteria, with carefully curated products to meet the specific requirements of the individual schemes.  

“Broker partners can rest assured that they will be supported by dedicated teams and processes.” 

Pepper Money sales director Paul Adams adds: “The rising cost of living and continued increase in house prices are making it harder for those ‘hopeful homeowners’ to take their first step onto the property ladder and Right to Buy can provide an affordable solution for those customers who have the option to take this route.”