Hopeful Homeowners
Ambitious young individuals and couples are understandably keen to get out of renting. They might not realise that a small credit mishap in the past – something as simple as a missed mobile phone payment – could have a dramatic impact on them getting a mortgage with a high street lender.
Customers
Let’s help them make their first step
We’re here to help you help your customers find the right path for them – with a range of products to help them into their first home.​
Who are Hopeful Homeowners
- Successful, young adults
- Higher than average income
- Privately renting
- Singles or couple with children
- Enjoy city lifestyle with opportunities to socialise
Lending Criteria
- No debt-to-income ratio
- No value limit on CCJs and defaults; no need for them to be satisfied
- Additional income from Universal credit and Disability allowances accepted
- Affordability based on 100% of shift allowance
- One year’s self-employed trading accepted
- Employed and self-employed income from a maximum of two sources per applicant considered
Need help with your mortgage case?
To discuss a case, or find out more about our products, call our experienced team. Ready to submit? Log into the application portal to get started, or register if it’s your first case with Pepper Money.
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