Second Charge Mortgage Criteria

Mortgage Criteria

Second charge mortgages are a solution for many customers in a variety of situations and circumstances. As a responsible lender Pepper Money will only lend to customers who, as a result of the application process, we believe have the ability and intention to repay the second charge mortgage.

Pepper Money could offer your client a second charge mortgage of any amount from £5,000 to £1,000,000.

We can offer a repayment term of 3 to 30 years subject to your clients individual circumstances and credit checks.

We offer competitive fixed, discounted and variable rate products. The actual rate we offer will depend on your clients individual and personal circumstances.

We offer flexible overpayment options, without penalty, which allow you to either reduce the term of your clients second charge mortgage, or reduce their monthly repayments, whichever suits their circumstances, firmly putting them in control.

You can expect a straightforward, customer friendly approach both during your application process and after completion of your clients second charge mortgage.

No ERC products available

Borrow up to £1,000,000

Competitive rates and flexible overpayment options

Repayment periods up to 30 years

No valuation products available

Self-employed, employed, contractor income

Min property value £75,000

Our BDMs

Lending criteria at a glance


If a case falls outside our standard criteria we may still be able to help.

North & Scotland

Luke Edwards

South & Wales

Matthew Batte