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Intermediaries who help our customers find us get support from our experienced team of BDMs and direct access to the team that make the lending decisions.
Pepper Money is a leading second charge mortgage provider for homeowners in England, Wales and Scotland. Our aim is to provide you with a homeowner loan that meets your individual and personal circumstances.
With our homeowner loan calculator, you can find out what your repayments might look like each month, and how much you could end up paying.
We have the answers we often get asked by potential applicants, if you’re in the process of applying for a loan, or you have a loan with us, we have all you need to know.
At Pepper Money, we understand that not everyone has a perfect credit history or receives income, in the same way, each month. We understand that unexpected life events and financial mistakes happen.
Our lending decisions aren’t solely based on a credit score. Our human approach to underwriting allows us to reach a fairer outcome for a broad range of customers.
We have the answers we often get asked by potential applicants, if you’re in the process of applying for a mortgage, or you have a mortgage with us, we have all you need to know.
We provide mortgages to first-time buyers, home movers, and landlords who are often overlooked by high street lenders.
Our mortgage criteria is designed to help your customers with unique circumstances who would benefit from a more human underwriting approach.
Our mortgage calculators will help to give you an indication of how much we could lend your customers and it’s super quick and really simple to use.
Find all the material you need for your next specialist Residential, Affordable Home Ownership or Buy to Let Mortgage application.
Our dedicated team work with a range of approved specialist partners to offer second charge mortgages to customers.
Final Results
Final Results
Below is a summary of the information provided:
Maximum available on 2 year:
£
Maximum available on 5 year:
£
Based on the information provided please find details above on what your client(s) could borrow with us
As we manually underwrite all applications and consider each case on its merits there may be times where we will lend more or less than the figure stated below. To find out exactly what your client(s) could borrow please submit a DIP
If you see an N/A within the Maximum Loan Size box this is because we don't currently offer a rate for that Product/LTV
If you have any questions, call our sales team on 03333 701 101 Option 4, Monday to Friday between 9am and 5.30pm.
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Our Buy to Let Mortgage Calculator will help to give you
an indication
of how much we could lend your client(s). What's more
it should take less than a minute to complete.
We'll show you the maximum amount your client could
borrow on both a 2 and 5 year product without the need
to look up the rates. Simply select the tier they fit.
We'll use the details you enter to automatically calculate the loan size required, but this does
not take into account any fees. If your client is looking to raise capital or consolidate debts
please increase the purchase price for purchases or the loan required value for a remortgage to
reflect this. If they don't currently have a mortgage but already own the property and are
looking to refinance, please select Remortgage. We allow capital raising for most legal
purposes.
We have a maximum loan size of £2m for cases below 65%
LTV, £1.5m for cases between 65% and 70% LTV, £1m for cases between 70% and 75% LTV and up to £750,000 for cases above this.
We assess affordability based solely on the monthly rental income, however the applicants will need to have a minimum earned income of £18,000 per annum.
If you have any questions, pick up the phone and give
our friendly sales team a call on
03333 701 101, Option 4
For clients who haven't had a CCJ or default in the last 12 months.
0 in 12 months
0 in 12 months (No arrears balance in last 6 months)
Fixed term - None in the last 6 months
Revolving credit - Missed payments considered
We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers
For clients who haven't had a CCJ or default in the last 18 months.
0 in 18 months
0 in 18 months (No arrears balance in last 6 months)
Fixed term - None in the last 6 months
Revolving credit - Missed payments considered
We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers
For clients who haven't had a CCJ or default in the last 24 months.
0 in 24 months
0 in 24 months (No arrears balance in last 6 months)
Fixed term - None in the last 6 months
Revolving credit - Missed payments considered
We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers
For clients who haven't had a CCJ or default in the last 36 months.
0 in 36 months
0 in 36 months (No arrears balance in last 6 months)
Fixed term - None in the last 6 months
Revolving credit - Missed payments considered
For clients who haven't had a CCJ or default in the last 48 months.
0 in 48 months
0 in 48 months (No arrears balance in last 6 months)
Fixed term - None in the last 6 months
Revolving credit - Missed payments considered
For clients who haven't had a CCJ or default in the last 60 months.
0 in 60 months
0 in 60 months (No arrears balance in last 6 months)
Fixed term - None in the last 6 months
Revolving credit - Missed payments considered
For clients who haven't had a default in the last 12 months.
0
0 in 12 months
0 in 12 months (No arrears balance in last 6 months)
Fixed term - None in the last 6 months
Revolving credit - Missed payments considered
We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers
For clients who haven't had a default in the last 18 months.
0
0 in 18 months
0 in 18 months (No arrears balance in last 6 months)
Fixed term - None in the last 6 months
Revolving credit - Missed payments considered
We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers
For clients who haven't had a default in the last 24 months.
0
0 in 24 months
0 in 24 months (No arrears balance in last 6 months)
Fixed term - None in the last 6 months
Revolving credit - Missed payments considered
We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers
For clients who haven't had a default in the last 36 months.
0
0 in 36 months
0 in 36 months (No arrears balance in last 6 months)
Fixed term - None in the last 6 months
Revolving credit - Missed payments considered
For clients who haven't had a default in the last 48 months.
0
0 in 48 months
0 in 48 months (No arrears balance in last 6 months)
Fixed term - None in the last 6 months
Revolving credit - Missed payments considered
These results are indicative and are meant to be used as a guide only. Should you wish to submit
a DIP, it'll be subject to our full lending criteria, a credit check and an underwriter review
which could result in a different value.
Please note by changing the loan amount figure you may change the loan to value. This may change
the interest rate charged. If you're going to change any details we strongly recommend you start
a new calculation to ensure it is as accurate as possible.
If you'd like to submit this, or any other case, you'll need to have registered with us. it's
a
quick and simple process and shouldn't take more than 5 minutes.
If you've already registered, please Login and complete our online
application form.
Intermediaries who help our customers find us get support from our experienced team of BDMs and direct access to the team that make the lending decisions.
Resources
For Intermediary use only
About Pepper Money
Pepper Money is the brand name used globally by all Pepper Group companies to market consumer finance products. In the UK, Pepper Money offers a range of residential, buy to let, and second charge mortgages to borrowers.
Pepper Money is part of the Pepper Group, a diversified, global financial services business, whose senior management team is some of the most experienced in the UK mortgage industry having built a long-lasting reputation for creating innovative, flexible home loan products and services.
UK Mortgage Lending Ltd (UKMLL) t/a Pepper Money is authorised and regulated by the Financial Conduct Authority (FCA) under registration number 710410 as a provider of regulated mortgages. The FCA does not regulate our Buy to Let mortgages. UKMLL is a member of the Finance and Leasing Association and follows its Lending Code as a provider of second charge regulated mortgages. Registered Office: 4 Capital Quarter, Tyndall Street, Cardiff, CF10 4BZ. Registered in England and Wales under Company Number 08698121.
Working on DIP referrals received on:
Responding to application portal broker messages on:
Reviewing applications sent to our underwriters on:
Working on applications received on:
Currently reviewing valuations received on:
Answering calls in less than (average speed):