Homeowner Loan

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Glossary Index

Mortgage terminology can be tricky to understand. Our mortgage glossary explains key terms and acronym’s that Pepper Money and other lenders use.

Shared Ownership Mortgage

Shared Ownership Mortgage

Shared Ownership Mortgage

This is a type of mortgage only available to First Time Buyers. You will buy a percentage of the property via a mortgage and then pay a subsidised amount to a housing association. Because the mortgage is smaller, the borrower usually requires a lower deposit which can be difficult to save for.

Information

Mortgage Service Levels

Intermediary Mortgages

Working on DIP referrals received on:

21st September

Responding to application portal broker messages on:

21st September

Reviewing applications sent to our underwriters on:

21st September

Working on applications received on:

21st September

Currently reviewing valuations received on:

21st September

Answering calls in less than (average speed):

< 1 minute(s)