Stamp Duty holiday is ending, but purchase business will stay strong
When the Stamp Duty Land Tax holiday was introduced in July 2020, it immediately stimulated the housing market. At Pepper Money, we saw a shift to increased purchase business over remortgages; a strong indicator that the SDLT holiday had a significant impact on customers’ behaviour. Fast forward to June 2021 – the last month of […]
Pepper Money completes largest securitisation
Specialist mortgage lender, Pepper Money, has closed its largest securitisation to date. The £425m securitisation, which is the third and largest deal issued by Pepper Money under the Polaris banner, was comprised entirely of first charge mortgages and is separate to the three Castell securitisations, which have been completed on Optimum Credit second charge mortgages. […]
Pepper Money launches Cashback Products
Pepper Money has launched a range of cashback products that have been designed for customers who want to secure a better rate or perhaps consolidate debt. The cashback products are available for remortgages on Pepper 12 through to Pepper 24 and have been designed for customers who are looking for debt consolidation. In addition Pepper […]
The return of face-to-face: how BDM and broker relationships have evolved
With the easing of lockdown restrictions in the UK, Pepper Money’s Regional Development Managers (RDMs) will soon be able to head back out on the road and meet with brokers face-to-face.
Pepper increases maximum LTVs for customers with more recent adverse
Pepper Money has increased the maximum LTV available on its mortgages for customers with a more recent experience of adverse credit.
Pepper Money partners with Ecologi to combat climate change
Pepper Money has partnered with Ecologi, a climate positive organisation that plants trees and funds carbon reduction initiatives, to combat climate change. The partnership means that Pepper Money commits to provide ongoing financial support to Ecologi to fund its tree planting and carbon reduction activities. At the time of writing, Pepper Money has already helped […]
Online research becomes most popular way to find a broker
Online research has overtaken recommendations from friends and family as the way that most people would choose to find a mortgage broker, according to research by Pepper Money. As part of its Adverse Credit Study in association with YouGov, the specialist lender found that over half (57%) of people say they would use online research […]
Why we need a financially inclusive mortgage market post Covid
People with prior adverse credit have suffered greater financial upheaval than the general population as a result of COVID, according to a study by specialist mortgage lender, Pepper Money. The research carried out in association with YouGov found that, whereas less than a quarter (24%) of the general population say their income has decreased in […]
What the specialist lending sector can learn from the Spring 2021 Adverse Credit Study
Ryan Brailsford discusses his key findings from the Adverse Credit Study Spring 2021 and what they mean for brokers looking to write specialist business.
Missed payments most common reason for adverse credit
Specialist mortgage lender, Pepper Money, has identified the most common reasons for people to have an adverse credit record as part of its Adverse Credit Study, in association with YouGov. The most common reason, shared by 73% of people with an adverse credit record is a simple missed credit payment, and 43% of all adults […]
